Morning Brief

Wake up to the Morning Quant Ride, your global markets update every morning!

Morning Quant Ride Jan 02, 2018

Jan 02, 2018

Traders’ Corner


US Equity Futures are pointing to a positive start to 2018. As we update our Global Top Picks for January 2018, we suggest investors focus on the macro trades we published at the end of last year.

ECH Bull Call Spread – play on an acceleration in economic growth in Chile

EWA Bear Put Spread – cross-correlation hedge for gains in Chinese equities


Interesting Articles to Ring in 2018


Click headline for story

Bitcoin Is Here to Stay—and Other Tech Trends for 2018 (Barron’s)
Machine-learning promises to shake up large swathes of finance (The Economist)
Tech That Will Change Your Life in 2018 (WSJ)

The Morning Recap



1 Day Return

5 Day Return



S&P 500 $ 2,673.61 0.00% -0.36% 0.00% 0.00%
Russell 2000 $ 1,535.51 0.00% -0.48% 0.00% 0.00%
DJ Industrial Average $ 24,719.22 0.00% -0.14% 0.00% 0.00%
NASDAQ Composite Index $ 6,903.39 0.00% -0.81% 0.00% 0.00%
CBOE Market Volatility Index 10.78 - - - -
Germany DAX (TR) € 12,823.91 -0.73% -1.19% -0.72% -0.73%
France CAC 40 € 5,281.20 -0.59% -0.97% -0.59% -0.59%
Japan Nikkei 225 ¥ 22,764.94 0.00% -0.60% 0.00% 0.00%
Hang Seng Index ¥ 30,515.31 1.99% 1.15% 1.99% 1.99%
Hang Seng China Enterprises ¥ 12,068.99 3.07% 0.48% 3.07% 3.07%
S&P ASX 200 AUD 6,061.30 -0.06% -0.08% -0.06% -0.06%
Source: FactSet          


Asian markets traded higher with Chinese manufacturing PMI came better than expected. Japanese markets are closed until Thursday.  European markets failed to catch a bid and are trading lower.  In the US markets will open for the year with a healthy dose of optimism on the back of the tax cuts.  Data for the week will include FOMC minutes on Thursday and non-farm payrolls on Friday.  FOMC minutes will be scoured for any additional clues on policy for 2018, consensus if for 3 hikes.  Any hints of anything outside of consensus will scrutinized closely.


Quantalytics Research is the trade name of Quantalytics Research, LLC.


Quantalytics Research, LLC is not an investment adviser, brokerage firm, or investment company. Any data, information, or opinions presented by Quantalytics Research are for general information purposes only. Such data, information, or opinions are not an offer to sell or to buy, or a solicitation to buy or sell any securities. All investments and investment recommendations entail risks. Any forward looking estimates presented by Quantalytics Research through Quantalytics Edge may prove to be incorrect and not be realized. Any data, information, or opinions expressed in Quantalytics Research in any form may change without notice. Any data, information, or opinions in Quantalytics Research in any form attributed to a third party represent Quantalytics Research's interpretation of the data, information, or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. The data, information and opinions presented have been obtained or derived from sources believed by Quantalytics Research in any form to be reliable. Quantalytics Research, doesn't make any representations as to their accuracy or completeness. Nothing discussed or presented in Quantalytics Research constitutes a representation that any investment, investment strategy, or recommendation is suitable or appropriate to an investor's individual circumstances or otherwise constitutes a personal recommendation. Data, information, or opinions contained in Quantalytics Research in any form give no consideration to any particular individuals' investment needs or objectives, nor do they consider any individuals' financial condition. Consequently, any such data, information, or opinions do not in any way represent a personal recommendation to any individual investor or any entities, whatever the type. Quantalytics Research does not accept any liability for any losses or damages arising from the use of the data, information, or opinions included in Quantalytics Research in any form. All investments involve risks of loss and potential permanent impairment of capital. Investors should diversify risks and exercise prudence and their own judgement in making their investment decisions. Quantalytics Research and any information contained therein is not intended for distribution to or use by any person, or entity, who is a citizen or resident of or located in any locality, state, country, or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or cause Quantalytics Research, LLC to be required to register or be licensed within any such venues. All data, information, and opinions expressed in Quantalytics Research in any form are as of the date of publication and are subject to change. Quantalytics Research partners and employees may own or have positions in any investment(s) mentioned respectively therein or related thereto and may, from time to time add to, or dispose of, any such investment(s).