TODAY’S S&P 500 SET-UP – October 13, 2014
As we look at today's setup for the S&P 500, the range is 64 points or 1.16% downside to 1884 and 2.20% upside to 1948.
SECTOR PERFORMANCE
EQUITY SENTIMENT:
CREDIT/ECONOMIC MARKET LOOK:
- YIELD CURVE: 1.86 from 1.86
- VIX closed at 21.24 1 day percent change of 13.22%
MACRO DATA POINTS (Bloomberg Estimates):
- 12:30pm: Fed’s Evans speaks in Indianapolis
- U.S. Rates Weekly Agenda
- FX Weekly Agenda
GOVERNMENT:
- Govt offices closed for Columbus day
- U.S. ELECTION WRAP: Oil in La. Runoff; Marriage in N.C.; Ebola
- Washington Week Ahead
WHAT TO WATCH:
- Steris to Buy Synergy Health for $1.9b in Move to U.K.
- Fed Officials Warn Slowing World Growth Could Delay Rate Rises
- Canadian Pacific Said to Be Rebuffed in Merger Overture to CSX
- Fiat Chrysler Trades in New York as Challenger to Detroit Two
- Ackman Targets Stake in U.S. Firm as Pershing Square IPO Drops
- Deutsche Bank Falls on Report May Boost Legal Cost Provs. 30%
- Sears’s Kmart Offers Free Credit Monitoring After Cyber Attack
- Salesforce Unveils Wave Cloud Product for Data-Analytics Market
- U.S. equity markets open, bond markets closed for Columbus Day
- China Exports Rise More Than Estimated
- Dallas Health Worker’s Ebola Raises Concern of Caregiver Safety
- Mobs Confront Hong Kong Protesters Near Business District
- Bayer Faces U.S. Legal Campaign Over Xarelto Blood Thinner: FAZ
- GE Plane Leasing Unit Weighs Bid for Milestone: WSJ
- Google’s YouTube ‘Monetizing’ Unauthorized Content: FT
- Saudi Prince to Buy Shares in Euro Disney Rescue: Daily Mail
COMMODITY/GROWTH EXPECTATION (HEADLINES FROM BLOOMBERG)
- Iraq Follows Saudi Price Cuts as Brent Slides With WTI Crude
- Malaysia Seeks to Boost Palm Oil by Extending Tax-Free Shipments
- Hedge Funds Miss Gold Gains After Cutting Wagers: Commodities
- Top Rubber Trade Groups Pledge to Boost Prices From 2009 Low
- Gold Advances to Four-Week High on Haven Demand as Silver Rises
- Copper to Nickel Advance as China Trade Figures Top Estimates
- China Copper Ore Imports Jump to Record as Smelters Boost Demand
- MORE: China Vegetable Oil Imports Fall to Lowest Since May 2011
- Rebar Rises Most in 2 Years as Spot Prices Gain Amid Output Drop
- Tripartite Rubber Council May Meet in Early November: Uggah
- Iron Price War Deepens Crisis in Ebola-Stricken Sierra Leone
- U.S. Gasoline Falls to Lowest Since November, Lundberg Says
- China Nickel Depletion Fuels LME Stockpile Growth, Norilsk Says
- Speculators Push Oil Into Bear Market as Supply Rises: Energy
CURRENCIES
GLOBAL PERFORMANCE
EUROPEAN MARKETS
ASIAN MARKETS
MIDDLE EAST
The Hedgeye Macro Team
