C1 C2 C3
Baltic Dry Index (BDI) Index Proxy for dry bulk shipping stocks and a general shipping market bellwether
iShares MSCI Global Metals & Mining Producers ETF shares of mining companies
Bloomberg Commodity Index (DJCI) Index 30% of the index tracking energy
S&P Goldman Sachs Commodity Index (SPGSCI) Index benchmark for investment in the commodity markets; measure of commodity performance over time
Consumer Price Index (CPI) Economic Inflation/Deflation
Nikkei 225 (Nikkei Stock Average, Nikkei, Nikkei Index) Index measures the performance of 225 large, publicly owned companies in Japan from a wide array of industry sectors
Purchasing Managers Index (PMI) Index
Refinitiv/Core Commodity CRB Index; Thomson Reuters/Corecommodity CRB Total Return Index Index comprises aluminum, cocoa, coffee, copper, corn, cotton, crude oil, gold, heating oil, Lean Hogs, live cattle, natural gas, nickel, orange juice, silver, soybeans, sugar, unleaded gas and wheat
UK National Balancing Point (NBP) Index
  • UK Gas Spot Price
  • indicator of price for Europe’s wholesale gas market
Dutch TTF Futures
  • indicator of price for Europe’s wholesale gas market
UK Allowance (UKA) futures (UK ETS) Futures
EU Allowance (EUA) futures (EU ETS) Futures
Energy Select Sector Index Index
Energy Select SPDR ETF
  • top 10 holdings include Exxon Mobil (XOM), Chevron (CVX), EOG Resources (EOG), ConocoPhillips (COP), Schlumberger, Marathon Petroleum (MPC), Pioneer Natural Resources (PXD), Kinder Mor- gan (KMI), Williams (WMB), and Phillips 66 (PSX)
CBOE SPX Skew Index Index
  • measure of potential risk in financial markets
  • proxy for investor sentiment and volatility
  • measures perceived tail-risk in the S&P 500
  • generally range from 100 to 150
  • indicates whether the options market expects a stock-market advance or decline
  • measures the difference between the implied volatility of puts and calls that are 10% out of the money and expire in three months
  • higher readings are bearish
NDX Skew Index Index
  • measure of potential risk in financial markets
  • proxy for investor sentiment and volatility
  • measures perceived tail-risk in the Nasdaq 100
  • generally range from 100 to 150
  • indicates whether the options market expects a stock-market advance or decline
  • measures the difference between the implied volatility of puts and calls that are 10% out of the money and expire in three months
  • higher readings are bearish
Rig Count