Broad Equity Market Tone:
- Advance/Decline Line: Substantially Higher
- Sector Performance: Almost Every Sector Rising
- Market Leading Stocks: Performing In Line
- Volatility(VIX) 10.eight -11.1%
- Euro/Yen Carry Return Index 136.43 +.81%
- Emerging Markets Currency Volatility(VXY) 7.7 -Four.42%
- S&P 500 Implied Correlation 29.23 -12.5%
- ISE Sentiment Index 270.zero +241.eight%
- Total Put/Call .94 -13.zero%
- North American Investment Grade CDS Index 57.77 -Three.76%
- America Energy Sector High-Yield CDS Index 444.zero -.25%
- European Financial Sector CDS Index 50.32 -2.67%
- Western Europe Sovereign Debt CDS Index 5.40 -1.eight%
- Asia Pacific Sovereign Debt CDS Index 18.89 -2.95%
- Emerging Market CDS Index 174.33 -1.36%
- iBoxx Offshore RMB China Corporate High Yield Index 141.63 +.09%
- 2-Year Swap Spread 22.zero -2.zero foundation factors
- TED Spread 27.zero -.75 foundation level
- Three-Month EUR/USD Cross-Currency Basis Swap -23.25 -1.25 foundation factors
- Bloomberg Emerging Markets Currency Index 75.11 -.15%
- Three-Month T-Bill Yield 1.04% unch.
- Yield Curve 81.zero +2.zero foundation factors
- China Import Iron Ore Spot $74.49/Metric Tonne -Four.98%
- Citi US Economic Surprise Index -16.10 +7.7 factors
- Citi Eurozone Economic Surprise Index 19.30 -.Three level
- Citi Emerging Markets Economic Surprise Index 21.20 -Four.Three foundation factors
- 10-Year TIPS Spread 1.84 +Three.zero foundation factors
- 13.eight% probability of Fed price hike at Nov. 1 assembly, 41.Three% probability at Dec. 1Three assembly
- Nikkei 225 Futures: Indicating +60 open in Japan
- China A50 Futures: Indicating +66 open in China
- DAX Futures: Indicating +25 open in Germany
- Higher: On positive aspects in my medical/tech/retail sector longs
- Market Exposure: 75% Net Long
SOURCE: BETWEEN THE HEDGES – Read complete story here.
