blog

Latest from the Quantamize Blog

US Stocks Finish Essentially Flat, Still Closing At Record Highs For Third Consecutive Session

Aug 28, 2018

Start Your Free Trial Today

 

US Markets End of Day Snapshot

  • US stocks closed essentially flat, but still posted a fresh record high, after reversing from negative territory earlier in today's session. Investors are seeking clarity regarding whether Congress will approve the US-Mexico trade deal, as well as its impact on Canada 
  • The S&P 500 finished up 0.03%, Nasdaq Composite up 0.15%, and Russell 2000 closed flat
  • Real Estate (+1.19%), Tech (+0.21%), and Consumer Discretionary (+0.18%) stocks were the top performers in the S&P 500 today
  • Materials (-0.35%), Energy (-0.45%), and Telecom (-0.48%) stocks were the worst performers in the S&P 500 today
  • Investor sentiment for US stocks finished neutral with the advance/decline ratio for the S&P 500 closing at 1.02x
  • 130 stocks in the S&P 500 hit 4-week highs while 4 stocks reached 4-week lows
  • 44 stocks in the S&P 500 closed overbought while 2 stocks closed oversold according to the 16-day RSI Measure
  • 201 stocks in the Nasdaq Composite hit 4-week highs while 69 stocks reached 4-week lows
  • 495 stocks in the Nasdaq Composite closed overbought while 127 stocks closed oversold according to the 16-day RSI Measure
  • The VIX finished flat at 12 after closing at 12.16 yesterday

Stocks Trending in the News

Click name for Q-Factor rating and financials data.

  • Bilibili (BILI, ADR) announced C2Q2018 losses per share of USD$0.04, falling short of consensus estimates of USD$0.02 in losses per share. Bilibili shares have fallen 0.31% in post-market trading to USD$13.08 per share. Bilibili is currently rated as ‘top short’ in our China All-Cap Global Top Picks. 
  • Box Inc. (BOX) posted losses per share of USD$0.07 compared to expectations of USD$0.06 in losses per share. Box Inc. shares are trading down 3.76% post-market to USD$25.60. Box Inc. is currently rated as ‘unattractive’ in our US Large-Cap Global Top Picks and ‘neutral’ in our US Information Technology Top Picks. 
  • Hewlett Packard (HPE) shares are up 0.78% to USD$16.87 after the company reported F3Q2018 earnings per share of USD$0.44, beating consensus estimates of USD$0.37. The company also posted higher than expected net revenue of $7.76 billion compared to estimates of roughly $7.67 billion. Hewlett Packard is currently rated as ‘unattractive’ in our US Large-Cap Global Top Picks and ‘neutral’ in our US Information Technology Global Top Picks. 
  • Yum China (YUMC) shares rose 3.65% to USD$37.20 after rejecting a private buyout offer of USD$46 per share from Hillhouse Capital. Yum China is currently rated as ‘top buy’ in our China All-Cap Global Top Picks.
     

US Treasuries

  • US 2-Year Treasury Notes are lower with yields up 2.42 basis points to 2.6654%
  • US 5-Year Treasury Bonds are lower with yields up 3.42 basis points to 2.7754%
  • US 10-Year Treasury Bonds are lower with yields up 3.45 basis points to 2.8804%
  • The US Treasury 2s-5s Spread has widened 1 basis points to 0.11%
  • The US Treasury 2s-10s Spread has widened 1.03 basis points to 0.22%
  • US Treasury 5s-10s Spread has widened 0.03 basis points to 0.11%

Currencies

  • EUR€ is little changed 0.146% against the USD$ in after hours to 1.1695
  • GBP£ is down 0.178% against the USD$ in after hours to 1.2869
  • CHF is up 0.333% against the USD$ in after hours to 1.0242
  • JPY¥ is little changed 0.09% against the USD$ in after hours to 111.18

Commodities

  • WTI Crude is down -0.49% to USD$68.53/bbl with the Brent-WTI spread up USD$0.38 to USD$7.08/bbl
  • Gold is down -0.89% to USD$1200.6/oz

*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

S&P 500 Sector ETFs - End of Day

*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

Russell 1000 Factor ETFs - End of Day

*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

S&P 500 Movers

On Mobile/Tablet scroll to the right.

Outperformers Sector Price 1D% CHG Volume
PG&E Corp Utilities 45.7 4.72%      1,611,664.00
Coty Inc Consumer Staples 12.7 4.70%      4,259,003.00
QUALCOMM Inc Information Technology 69.2 3.62%      2,512,303.00
American Airlines Group Inc Industrials 40.3 2.96%      1,145,383.00
Xilinx Inc Information Technology 77.0 2.33%      1,353,921.00
Underperformers Sector Price 1D% CHG Volume
Best Buy Co Inc Consumer Discretionary 76.4 -5.01%      1,284,574.00
Apache Corp Energy 42.8 -2.31%          454,280.00
Campbell Soup Co Consumer Staples 39.8 -2.14%      1,034,798.00
L Brands Inc Consumer Discretionary 27.2 -1.99%          616,288.00
Johnson Controls International plc Industrials 38.9 -1.99%          990,865.00