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US Stocks Modestly Higher On Light Late-August Volume

Aug 20, 2018

US Market Snapshot                                                                                                                                                        Start Your Free Trial Today

  • US equities are in the black today, with investor focus geared towards potentially easing Sino-American trade tensions and US Fed/ECB Meeting minutes scheduled to be released this week. Volume has been light today, with volume in US markets currently 16.78% below its 100-day average
  • The S&P 500 is currently up 0.24%, Nasdaq Composite is up 0.06%, and Russell 2000 is up 0.36%
  • Energy (+0.95%), Materials (+0.71%), and Consumer Discretionary (+0.67%) stocks are the top performers in the S&P 500 today
  • Telecom (-0.05%), Utilities (-0.1%), and Tech (-0.19%) stocks are the worst performers in the S&P 500 today
  • Investor sentiment for US stocks is positive with the advance/decline ratio for the S&P 500 currently at 2.94x
  • 118 stocks in the S&P500 are at 4-week highs while 23 stocks are at 4-week lows
  • 65 stocks in the S&P 500 are overbought while 12 stocks are oversold according to the 16-day RSI Measure
  • 129 stocks in the Nasdaq Composite are at 4-week highs while 159 stocks are at 4-week lows
  • 222 stocks in the Nasdaq Composite are overbought while 250 stocks are oversold according to the 16-day RSI Measure
  • The VIX is currently little changed at 12.45 from yesterday's close of 12.64

Stocks Trending in the News

Click name for Q-Factor rating and financials data.

  • China Biologic Products (CBPO) is up 10.77% to $101.90, after the company reportedly received a $3.9 billion all-cash acquisition bid from a private equity consortium of GL Capital group, Bank of China Group Investment Limited, CDH Investments. The bid values the company’s stock at $118 per share
  • ConocoPhillips (COP) announced that it will receive USD$2 billion in a settlement reached with Petroleos de Venezuela SA (PDVSA), under which PDVSA will pay $500 million upfront, with the remaining sum to be paid out over a four-year span. The dispute that led to ConocoPhillips filing suit against PDVSA stemmed from former Venezuelan President Hugo Chavez’s seizure of ConocoPhillips assets which are now being utilized by PDVSA. Shares of ConocoPhilips are up 1.21% to $70.97 today following this development
  • Constellation Brands (STZ) was downgraded to negative from a neutral rating at Susquehanna, which cited the company’s premium well above its competitors as a catalyst for the downgrade
  • PG&E Corp (PCG) shares have fallen 0.44% to $45.05, after California state lawmakers abandoned proposals to alter laws which currently leave comapnies exposed to billions of dollars in liability from events such as last years costly wildfires

US Treasuries

  • US 2-Year Treasury Notes are higher with yields down 1.45 basis points to 2.5914%
  • US 5-Year Treasury Bonds are higher with yields down 3.4 basis points to 2.7073%
  • US 10-Year Treasury Bonds are higher with yields down 3.07 basis points to 2.8298%
  • The US Treasury 2s-5s Spread has narrowed 1.95 basis points to 0.12%
  • The US Treasury 2s-10s Spread has narrowed 1.62 basis points to 0.24%
  • US Treasury 5s-10s Spread has widened 0.33 basis points to 0.12%

Currencies

  • EUR€ is currently up 0.201% against the USD$ to 1.1461
  • GBP£ is currently up 0.275% against the USD$ to 1.2784
  • CHF is currently up 0.229% against the USD$ to 1.0068
  • JPY¥ is currently down 0.154% against the USD$ to 110.33

Commodities

  • WTI Crude is currently up 0.5% to USD$66.24/bbl with the Brent-WTI spread up USD$0.4 to USD$5.37/bbl
  • Gold is currently up 0.42% to USD$1189.17/oz

Data in Price Return, Source: Stockdio

S&P 500 Sector ETFs - Intraday

Data in Price Return, Source: Stockdio

Russell 1000 Factor ETFs - Intraday 

Data in Price Return, Source: Stockdio

S&P 500 Movers

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Outperformers Sector Price 1D% CHG Volume
Macy's Inc Consumer Discretionary 37.5 4.27%          697,878.00
Estee Lauder Cos Inc/The Consumer Staples 142 4.13%          381,349.00
Nordstrom Inc Consumer Discretionary 61.3 3.70%          506,510.00
American Airlines Group Inc Industrials 39.2 3.65%          507,181.00
CF Industries Holdings Inc Materials 49.3 3.60%          108,308.00
Underperformers Sector Price 1D% CHG Volume
News Corp (Class-B) Consumer Discretionary 13.9 -4.15%            95,771.00
News Corp (Class-A) Consumer Discretionary 13.4 -3.60%          516,756.00
Qorvo Inc Information Technology 79.5 -2.43%          144,811.00
DISH Network Corp Consumer Discretionary 34.5 -1.79%          152,355.00
Intel Corp Information Technology 46.3 -1.73%      2,217,799.00