blog

Latest from the Quantamize Blog

Selling gripped US stocks, the S&P 500 closed at a 3 week low, VIX spiked above 14

Oct 04, 2018

Start Your Free Trial Today

 

US Markets End of Day Snapshot

  • Selling gripped US stocks today and the markets closed lower with the S&P 500 closing at a 3 week low -- volatility spiked with the VIX above 14
  • The S&P 500 finished down 0.8%, Nasdaq Composite is down 1.81%, and Russell 2000 is down 1.42%
  • Financials (+0.71%), Utilities (+0.55%), and Consumer Staples (-0.22%) stocks were the top performers in the S&P 500 today
  • Telecom (-1.48%), Consumer Discretionary (-1.6%), and Tech (-1.78%) stocks were the worst performers in the S&P 500 today
  • Investor sentiment for US stocks finished negative with the advance/decline ratio for the S&P 500 closing at 0.47x
  • 67 stocks in the S&P 500 hit 4-week highs while 69 stocks reached 4-week lows
  • 25 stocks in the S&P 500 closed overbought while 16 stocks closed oversold according to the 16-day RSI Measure
  • 87 stocks in the Nasdaq Composite hit 4-week highs while 141 stocks reached 4-week lows
  • 181 stocks in the Nasdaq Composite closed overbought while 455 stocks closed oversold according to the 16-day RSI Measure
  • The VIX finished flat at 11.78 after closing at 11.61 yesterday

Stocks Trending in the News

Click name for Q-Factor rating and financials data.

  • Barnes & Noble (BKS) shares surged 19.4% to close at $6.52 amid speculation it could be bought out.  Barnes & Noble has created a special committee to evaluate multiple offers, including one led by its founder.  Today’s gains erased all of Barnes & Noble’s losses for the year.  Barnes & Nobel is rated ‘neutral’ in our US SMID-Cap and ‘Unattractive’ in our US Consumer Discretionary Global Top Picks
  • Dick’s Sporting Goods (DKS) dropped 2.1% to close at $33.39 in the wake of a report from Credit Suisse saying that Jet.com would soon have access to shoes that were among Dick’s Sporting Goods’ best sellers.  While the report notes overlaps, the majority seem to be focused on other retailers’ offerings, not so much those of Dick’s Sporting Goods.  Dick’s Sporting Goods is rated “neutral’ in both our US Large-Cap and US Consumer Discretionary Global Top Picks
  • Super Micro Computer (SMCI) plunged 39% to close at $13.05 after a Bloomberg report revealed that Chinese hackers had entered its supply chain and placed tiny chips on its motherboards, giving the hackers access to them.  Super Micro Computer denied the report.  Super Micro Computer is rated ‘Unattractive’ in our US SMID-Cap and ‘Top Short’ in our US Consumer Discretionary Global Top Picks

US Treasuries

  • US 2-Year Treasury Notes are flat with yields little changed 0.01 basis points to 2.8721%
  • US 5-Year Treasury Notes are flat with yields little changed 0.01 basis points to 3.045%
  • US 10-Year Treasury Bonds are lower with yields up 0.57 basis points to 3.187%
  • The US Treasury 2s-5s Spread has little changed 0 basis points to 0.17%
  • The US Treasury 2s-10s Spread has widened 0.56 basis points to 0.31%
  • US Treasury 5s-10s Spread has widened 0.56 basis points to 0.14%

Currencies

  • EUR€ is up 0.305% against the USD$ in after hours to 1.1513
  • GBP£ is up 0.641% against the USD$ in after hours to 1.3023
  • CHF is little changed 0.089% against the USD$ in after hours to 1.0086
  • JPY¥ is down 0.611% against the USD$ in after hours to 113.83

Commodities

  • WTI Crude is down -2.72% to USD$74.33/bbl with the Brent-WTI spread up USD$1.31 to USD$10.55/bbl
  • Gold is little changed 0.18% to USD$1199.51/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
Constellation Brands Inc Consumer Staples 222 5.48%          893,881.00
Eli Lilly & Co Health Care 113 4.04%      1,795,175.00
Jefferies Financial Group Inc Financials 22.9 3.06%          574,135.00
CME Group Inc Financials 181 2.97%          781,288.00
Cabot Oil & Gas Corp Energy 23.8 2.90%      1,797,685.00
 
Underformers Sector Price 1D % Chg Volume
Coty Inc Consumer Staples 11.5 -8.21%      2,320,060.00
Incyte Corp Health Care 66.2 -5.48%          617,224.00
Akamai Technologies Inc Information Technology 66.3 -5.13%      1,148,987.00
Ralph Lauren Corp Consumer Discretionary 127 -5.09%          243,448.00
Microchip Technology Inc Information Technology 71.4 -5.01%      2,619,637.00