THE HEDGEYE DAILY OUTLOOK

10/13/14 08:08AM EDT

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

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EQUITY SENTIMENT:

 

THE HEDGEYE DAILY OUTLOOK - 10A

 

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

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CURRENCIES


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GLOBAL PERFORMANCE

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EUROPEAN MARKETS

 

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ASIAN MARKETS

 

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MIDDLE EAST

 

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The Hedgeye Macro Team

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