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Quantamize End of Day Market Update

Apr 30, 2018

US Markets End of Day Snapshot

US equities were lower today, with the S&P 500 (-0.82%), Russell 2000 (-0.92%), and Nasdaq Composite (-0.75%).

The S&P 500 is being led lower today by Telecom (-1.54%), Health Care (-1.51%), and Industrials (-1.33%), while Utilities (-0.31%), Real Estate ( -0.39%), and Consumer Discretionary ( -0.39%) are the biggest outperforming sectors.

ETF Ticker Sector  1 Day % Move
XLU Utilities -0.31%
XLRE Real Estate -0.39%
XLY Consumer Discretionary -0.39%
XLP Consumer Staples -0.63%
XLK Technology -0.65%
XLF Financials -0.90%
XLE Energy -1.06%
XLB Materials -1.28%
XLI Industrials -1.33%
XLV Health Care -1.51%
XTL Telecom -1.54%

 

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

Bright Horizons (BFAM) posted 1Q 2018 EPS that was relatively in-line with expectations ($0.72 vs $0.71 consensus).

Cognex Corp (CGNX) posted 1Q2018 EPS that was slightly below expectation ($0.18 vs $0.20 consensus).

HNA Group (000616.CH) will halt its pursuit of SkyBridge Capital, due to push back from the US’s Committee on Foreign Investment.

Inogen (INGN) announced 1Q2018 EPS that was firmly above consensus ($0.48 vs $0.29 expected).

Nutrisystem (NTRI) released 1Q2018 EPS of $0.09 per share, above the $0.06 expected.

Texas Roadhouse (TXRH) 1Q2018 EPS was in-line with consensus ($0.76 vs $0.76 estimated).

Transocean (RIG) posted a1Q2018 EPS that was softer than expected ($0.48 vs $0.37).

Cryptocurrency Update

Cryptocurrency Market Data

Major cryptocurrencies were mostly lower today, with Bitcoin (USD$9,338.05) down 0.04%, Ethereum (USD$680.05) down 0.10%, Ripple (USD$0.8508) down 1.50%, and Bitcoin Cash (USD$1390.71) down 2.57%. Other notable decliners were EOS (USD$18.12) down 12.83% and Cardano (USD$0.3493) down 5.29%. Notable top performers from the thirty cryptocurrencies which our machine learning signals model include: Tron +14.91%, Verge +14.23%, and Nano +11.14%.

Cryptocurrency Market News

Zcash is being added to the cryptocurrency trading app Circle. Circle already allowed investors to invest in Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ethereum Classic. Coinbase has reportedly valued itself as worth roughly $8 billion, after it recently acquired Earn, a paid messaging service, for $100 million.  Coinbase also reported that they earned $1 billion in profits in 2017. Japan’s FSA, Financial Service Agency, have asked cryptoexchanges to delist all privacy coins. This comes in the wake of Japanese cryptoexchange, Coincheck’s, $400M NEM hack.