blog

Latest from the Quantamize Blog

US Equities Continue Falling, Led Lower By Tech Stocks

Jul 30, 2018

US Market Snapshot                                                                                                                                                        Start Your Free Trial Today

As of 12:50 p.m

  • The S&P500 is currently down 0.38%, Nasdaq Composite down 1.22%, and Russell 2000 down 0.04%
  • Telecom(+2.32%), Energy(+0.70%), Materials(+0.21%) stocks are the top performers in the S&P 500 today
  • Utilities(-0.47%), Consumer Discretionary(-0.52%), Tech(-1.79%) stocks are the worst performers in the S&P 500 today
  • 123 stocks in the S&P500 are at 4-week highs while 41 stocks are at 4-week lows
  • 34 stocks in the S&P500 are overbought while 14 stocks are oversold according to the 16-day RSI Measure
  • 69 stocks in the Nasdaq Composite are at 4-week highs while 187 stocks are at 4-week lows
  • 230 stocks in the Nasdaq Composite are overbought while 606 stocks are oversold according to the 16-day RSI Measure
  • The VIX is currently little changed at 13.79 from last week's close of 13.03

Currencies

  • EUR€ is currently up 0.24% against the USD$ to 1.1685
  • GBP£ is currently little changed against the USD$ at 1.3112
  • CHF is currently up 0.209% against the USD$ to 1.0078
  • JPY¥ is currently little changed against the USD$ at 111.06

US Treasuries

  • US 2-Year Treasury Notes are flat with yields little changed 0 basis points to 2.6694%
  • US 10-Year Treasury Bonds are lower with yields up 13 basis points to 2.9672%
  • The US Treasury 2s-10s Spread has widened 13 basis points to 0.3%

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

CBS Corp’s (CBS) Board of Directors is scheduled to meet today to discuss the future of besieged CEO Leslie Moonves. Moonves is facing sexual harassment allegations from six women. Shares of CBS have fallen 4.24% to $51.72

Seagate Technology Plc (STX) has declined 2.54% today, following the unexpected resignation of David H. Morton, the company’s CFO

Synchrony Financial (SYF) has been downgraded by Barclays to equal weight from overweight. Shares of Synchrony have dropped 1.97% in today’s trading

Tesla Inc (TSLA) is 2.94% lower today, the result of a warning from Goldman Sachs that demand has diminished for the company’s Model 3 vehicle as order availability and test drives have increased. The Goldman Sachs report cited Model 3 order conversion and customer reception as indicators of declining customer excitement

Tyson Foods (TSN) is trading 7.05% lower to $59.30, after the company revised its EPS forecast downward for FY2018 from a range of $6.55 - $6.70 per share, to $5.70 to $6.00 per share. The company cited protectionist trade actions as the cause of the profit reduction, with both China and Mexico have imposed imports on American pork

US Foods Holding Corp (USFD) has agreed to acquire 5 operating companies from Services Group of America, in a $1.8 billion all cash deal

Data in Price Return, Source: Stockdio

S&P 500 Sector ETFs - Intraday

Data in Price Return, Source: Stockdio

Russell 1000 Factor ETFs - Intraday 

*Data in Price Return, Source: Stockdio