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US stocks mixed on trade tensions as Canada says negotiators "are not there yet"

Aug 31, 2018

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US Market Snapshot

  • The S&P 500 is currently down 0.13%, Nasdaq Composite is up 0.02%, and Russell 2000 is up 0.01%
  • Real Estate (+0.25%), Consumer Discretionary (+0.17%), and Tech (-0.03%) stocks are the top performers in the S&P 500 today
  • Financials (-0.56%), Telecom (-0.68%), and Energy (-1.06%) 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 0.91x
  • 64 stocks in the S&P500 are at 4-week highs while 25 stocks are at 4-week lows
  • 46 stocks in the S&P 500 are overbought while 5 stocks are oversold according to the 16-day RSI Measure
  • 215 stocks in the Nasdaq Composite are at 4-week highs while 62 stocks are at 4-week lows
  • 374 stocks in the Nasdaq Composite are overbought while 172 stocks are oversold according to the 16-day RSI Measure
  • The VIX is currently little changed at 13.33 from yesterday's close of 13.53

Stocks Trending in the News

Click name for Q-Factor rating and financials data.

  • Ford (F) announced its cancelled plans to import a crossover from a plant in China in the wake of tariffs.  The 25% tariff on that vehicle makes it unprofitable hence the cancellation. Ford is currently trading down -2.32% with a share price of USD$9.48.  Ford is rated ‘Neutral’ in our US Large-Cap Global Top Picks and ‘Neutral’ in our US Consumer Discretionary Global Top Picks
  • Lululemon (LULU) continues to trade higher on excellent results reported earlier in the day.  The stock is up 16.16% and trading at 44 times P/E, a level about twice that of the S&P500.  Lululemon is rated ‘Neutral’ in our US Large-Cap Global Top Picks 
  • Ulta Beauty (ULTA) traded up 7% this morning after announcing last night a pact with Kyle Jenner’s cosmetic brand.  The news took focus off its EPS miss last evening and lowered guidance of US$2.11-2.16 while present consensus is US$2.31.  Ulta is rated ‘Unattractive’ 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 -2.02 basis points to 2.629%
  • US 5-Year Treasury Bonds are higher with yields down -2.03 basis points to 2.7297%
  • US 10-Year Treasury Bonds are higher with yields down -1.64 basis points to 2.8386%
  • The US Treasury 2s-5s Spread has little changed 0.00999999999999979 basis points to 0.1%
  • The US Treasury 2s-10s Spread has widened 0.38 basis points to 0.21%
  • US Treasury 5s-10s Spread has widened 0.39 basis points to 0.11%

Currencies

  • EUR€ is currently down 0.651% against the USD$ to 1.1595
  • GBP£ is currently down 0.438% against the USD$ to 1.2952
  • CHF is currently little changed against the USD$ at 1.0313
  • JPY¥ is currently little changed against the USD$ at 110.99

Commodities

  • WTI Crude is currently down -0.48% to USD$69.91/bbl with the Brent-WTI spread up USD$0.66 to USD$7.33/bbl
  • Gold is currently flat at 0% to USD$1199.93/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

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Outperformers Sector Price 1D % Chg Volume
Ulta Beauty Inc Consumer Discretionary 258.76 6.545 760432
DaVita Inc Health Care 68.5 3.105 118333
NRG Energy Inc Utilities 35.55 2.745 300107
IPG Photonics Corp Information Technology 175.65 1.625 101105
Brown-Forman Corp Consumer Staples 52.44 1.615 43998
 
Underformers Sector Price 1D % Chg Volume
Goodyear Tire & Rubber Co/The Consumer Discretionary 22.7 -4.21%          676,450.00
Coty Inc Consumer Staples 12.2 -3.81%          597,047.00
Cooper Cos Inc/The Health Care 254 -3.60%            51,864.00
Activision Blizzard Inc Information Technology 71.2 -3.59%          995,247.00
Twitter Inc Information Technology 34.7 -2.47%      1,098,968.00