Broad Equity Market Tone:
- Advance/Decline Line: Modestly Lower
- Sector Performance: Mixed
- Volume: Around Average
- Market Leading Stocks: Performing In Line
Equity Investor Angst:
- Volatility(VIX) 22.2 +2.7%
- Bloomberg Global Risk On/Risk Off Index 2,479.0 +30.0 points
- Euro/Yen Carry Return Index 131.31 +.17%
- Emerging Markets Currency Volatility(VXY) 9.7 -1.3%
- S&P 500 Implied Correlation 53.4 +.39%
- ISE Sentiment Index 129.0 +3.0 points
- Total Put/Call .77 +16.7%
- NYSE Arms .87 -47.6%
Credit Investor Angst:
- North American Investment Grade CDS Index 50.59 -.49%
- US Energy High-Yield OAS 505.11 +.02%
- European Financial Sector CDS Index 57.63 -.74%
- Italian/German 10Y Yld Spread 94.0 -2.0 basis points
- Asia Ex-Japan Investment Grade CDS Index 57.65 +.23%
- Emerging Market CDS Index 161.04 -.34%
- iBoxx Offshore RMB China Corporate High Yield Index 185.29 +.06%
- 2-Year Swap Spread 9.0 +.25 basis point
- TED Spread 16.0 -.5 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap 0.0 +.75 basis point
- MBS 5/10 Treasury Spread 65.75 +.75 basis point
- IHS Markit CMBX BBB- 6 75.75 unch.
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 62.90 +.19%
- 3-Month T-Bill Yield .03% unch.
- Yield Curve 104.0 -1.0 basis point
- China Iron Ore Spot 161.0 USD/Metric Tonne -.17%
- Citi US Economic Surprise Index 62.10 -10.8 points
- Citi Eurozone Economic Surprise Index 139.3 -2.9 points
- Citi Emerging Markets Economic Surprise Index 59.60 -5.5 points
- 10-Year TIPS Spread 2.20 -1.0 basis point
- 100.0% chance of no change at April 28th meeting, 100.0% chance of no change at June 16th meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating -267 open in Japan
- China A50 Futures: Indicating -107 open in China
- DAX Futures: Indicating -15 open in Germany
Portfolio:
- Slightly Lower: On loses in my tech/biotech sector longs
- Disclosed Trades: Added to my (IWM)/(QQQ) hedges
- Market Exposure: Moved to 75% Net Long
No comments:
Post a Comment