blog

Latest from the Quantamize Blog

Consumer Spending and Inflation data points to strong economic growth in the US

Aug 30, 2018

Start Your Free Trial Today

 

US Market Snapshot

  • The S&P 500 is currently down 0.24%, Nasdaq Composite is up 0.09%, and Russell 2000 is down 0.16%
  • Utilities (+0.24%), Tech (+0.16%), and Healthcare (0%) stocks are the top performers in the S&P 500 today
  • Industrials (-0.51%), Energy (-0.77%), and Materials (-1.35%) stocks are the worst performers in the S&P 500 today
  • Investor sentiment for US stocks is negative with the advance/decline ratio for the S&P 500 currently at 0.31x
  • 125 stocks in the S&P500 are at 4-week highs while 7 stocks are at 4-week lows
  • 69 stocks in the S&P 500 are overbought while 2 stocks are oversold according to the 16-day RSI Measure
  • 223 stocks in the Nasdaq Composite are at 4-week highs while 63 stocks are at 4-week lows
  • 395 stocks in the Nasdaq Composite are overbought while 139 stocks are oversold according to the 16-day RSI Measure
  • The VIX is currently little changed at 12.88 from yesterday's close of 12.25

Stocks Trending in the News

Click name for Q-Factor rating and financials data.

  • Berkshire Hathaway (BRK.A) reported an increase of its Apple (AAPL) stake to over 252mn shares, worth more than US$50bn.  CEO Warren Buffet mentioned devoted customers and with products they find “indispensable”.  Apple is rated ‘Attractive’ in our US Large-Cap Global Top Picks and ‘Attractive’ in our US Information Technology Global Top Picks
  • Electronic Arts (EA) announced a 4 week delay in the launch of Battlefield V, its next big launch.  It also cut guidance of net bookings from US$5.55bn to US$5.2bn.  The stock is trading down over 8%.  Electronic Arts is rated ‘Neutral’ in our US Large-Cap Global Top Picks and ‘Neutral’ in our US Information Technology Global Top Picks.
  • Dollar Tree (DLTR) reported FY2018 guidance in line with market consensus.  It expects 3Q EPS to be US$4.85-5.05 with net sales US$55.53-5.64bn.  Earlier today, 2Q EPS results of US$1.15 were in line with US$1.16 consensus.  Dollar Tree is rated ‘Attractive’ in our US Large-Cap Global Top Picks and ‘Unattractive’ in our US Consumer Discretionary Global Top Picks
     

US Treasuries

  • US 2-Year Treasury Notes are higher with yields down -1.82 basis points to 2.6573%
  • US 5-Year Treasury Bonds are higher with yields down -2.19 basis points to 2.7601%
  • US 10-Year Treasury Bonds are higher with yields down -1.82 basis points to 2.8658%
  • The US Treasury 2s-5s Spread has narrowed 0.37 basis points to 0.1%
  • The US Treasury 2s-10s Spread has little changed 0 basis points to 0.21%
  • US Treasury 5s-10s Spread has widened 0.37 basis points to 0.11%

Currencies

  • EUR€ is currently down 0.461% against the USD$ to 1.1653
  • GBP£ is currently down 0.154% against the USD$ to 1.3006
  • CHF is currently little changed against the USD$ at 1.0302
  • JPY¥ is currently down 0.457% against the USD$ to 111.17

Commodities

  • WTI Crude is currently up 0.59% to USD$69.92/bbl with the Brent-WTI spread down USD$-0.49 to USD$7.19/bbl
  • Gold is currently down -0.69% to USD$1198.26/oz

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

S&P 500 Sector ETFs - Intraday

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

Russell 1000 Factor ETFs - Intraday

*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
H&R Block Inc Consumer Discretionary 26.9 2.47%          194,119.00
ABIOMED Inc Health Care 412 2.34%            93,734.00
PerkinElmer Inc Health Care 92.2 2.24%            81,265.00
Micron Technology Inc Information Technology 52.9 2.24%      3,212,829.00
 
Underformers Sector Price 1D % Chg Volume
Dollar Tree Inc Consumer Discretionary 82.2 -13.16%      3,346,099.00
DaVita Inc Health Care 66.3 -9.14%          552,503.00
Electronic Arts Inc Information Technology 117 -8.81%      3,151,746.00
PVH Corp Consumer Discretionary 143 -8.10%          427,700.00
Seagate Technology PLC Information Technology 53.3 -4.75%          809,014.00