Monday, March 02, 2015

Stocks Rising into Final Hour on Central Bank Hopes, Buyout Speculation, Yen Weakness, Tech/Defense Sector Strength

Broad Equity Market Tone:
  • Advance/Decline Line: Higher
  • Sector Performance: Mixed
  • Volume: Around Average
  • Market Leading Stocks: Performing In Line
Equity Investor Angst:
  • Volatility(VIX) 13.28 -.25%
  • Euro/Yen Carry Return Index 140.35 +.37%
  • Emerging Markets Currency Volatility(VXY) 9.82 -.91%
  • S&P 500 Implied Correlation 60.12 -1.05%
  • ISE Sentiment Index 165.0 +44.74%
  • Total Put/Call 1.05 +6.06%
  • NYSE Arms 1.24 -24.30% 
Credit Investor Angst:
  • North American Investment Grade CDS Index 60.75 -.81%
  • America Energy Sector High-Yield CDS Index 652.0 +.01%
  • European Financial Sector CDS Index 55.77 +2.71%
  • Western Europe Sovereign Debt CDS Index 21.58 -4.11%
  • Asia Pacific Sovereign Debt CDS Index 60.10 +.71%
  • Emerging Market CDS Index 374.33 -.35%
  • iBoxx Offshore RMB China Corporates High Yield Index 114.31 -.10%
  • 2-Year Swap Spread 25.25 +.5 basis point
  • TED Spread 25.75 +1.25 basis points
  • 3-Month EUR/USD Cross-Currency Basis Swap -22.25 +.5 basis point
Economic Gauges:
  • 3-Month T-Bill Yield .01% unch.
  • Yield Curve 142.0 +5.0 basis points
  • China Import Iron Ore Spot $62.83/Metric Tonne +.43%
  • Citi US Economic Surprise Index -49.20 -2.5 points
  • Citi Eurozone Economic Surprise Index 58.0 +7.0 points
  • Citi Emerging Markets Economic Surprise Index -2.3 +5.0 points
  • 10-Year TIPS Spread 1.83 -1.0 basis point
Overseas Futures:
  • Nikkei Futures: Indicating +98 open in Japan
  • DAX Futures: Indicating -1 open in Germany
Portfolio: 
  • Higher: On gains in my biotech/tech/medical/retail sector longs and emerging markets shorts 
  • Disclosed Trades: None
  • Market Exposure: 50% Net Long

No comments: