Morning Quant Ride Jan 29, 2018

Jan 29, 2018

Traders’ Corner

Asian markets traded mixed in overnight trading with China lower and Japan flat.  Notable in Japan was a US$534m theft of cryptocurrency by hackers from Tokyo-based exchange Coincheck.  European stocks are mixed at the midday check with shares generally off earlier highs.  The EU General Affairs Council will meet to decide clear negotiating guidelines for the next round of Brexit while in the UK, Brexit will also be the subject of discussion in front of legislators.

In the US much discussion is on tomorrow’s State of the Union address and what any infrastructure proposals could mean for the market.  Lockheed Martin’s very strong earnings report pre-market has set a positive tone for investors as the trading week opens.

Earlier this morning Lockheed Martin released earnings of $0.23 for 4Q2017, ahead of consensus. 4Q2017 Revenue was $15.14B, $410M ahead of consensus. Shares are up 2.44% pre-market.

US Equity futures are point to a negative open in NY this morning. This morning has a slight "risk off" feel as we enter the hear of 4Q2017 earnings season.

This morning we are watching some of our A-rated stocks that lagged the market on Friday. See what we are watching below:

QuantShot: Domino’s Pizza – 2.31% off its 52wkH, reports earnings on February 27th

QuantShot: Hasbro – 19.63% off its 52wkH, reports earnings on Febraury 7th

QuantShot: Jabil – 16.31% off its 52wkH, reports earnings on March 21st

QuantShot: Thor Industries – 13.41% off its 52wkH, reports earnings on March 8th

QuantShot: Winnebago Industries – 23.44% off its 52wkH, reports earnings on March 18th

QuantShot: Wynn Resorts – 11.46% off its 52wkH

Our Top Picks in the News

Click headline for story

Proctor & Gamble (PG)

Procter & Gamble Is Rolling Over (Seeking Alpha)

Top Conviction Buy in January, please see Quantamize Global Top Picks US Consumer Staples report

See more on our P&G QuantShot company report from January 25th

Boeing (BA)

Bombardier Jet Sales Didn’t Harm Boeing, Panel says (Market Watch)

Top Conviction Buy in January, please see Quantamize Global Top Picks US Industrials report

See more on our Boeing QuantShot company report from January 22nd

Facebook (FB)

Facebook's Q4 Earnings to be Driven by Higher Ad Revenues (Zacks)

Top Conviction Buy in January, please see Quantamize Global Top Picks US Info Tech report

See more on our Facebook QuantShot company report from January 10th

Alibaba (BABA)

Stifel raises its Alibaba price target to 12% upside (Seeking Alpha)

Top Conviction Buy in January, please see Quantamize Global Top Picks Investable China report

See more on our Alibaba QuantShot company report from December 5th

Apple (AAPL)

Apple Earnings: What to Expect From AAPL Stock (US News & World)

Top Conviction Buy in January, please see Quantamize Global Top Picks US Info Tech report

See more on our Apple QuantShot company report from January 5th

Alphabet (GOOGL)

Google Home Said To Be Gaining Ground On Alexa (PYMNTS.com)

Top Conviction Buy in January, please see Quantamize Global Top Picks US Info Tech report

See more on our Apple QuantShot company report from January 11th

Pfizer (PFE)

What to Expect in Pfizer's Q4 Earnings Results (Motley Fool)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Large Cap report

PepsiCo, Inc. (PEP)

PepsiCo initiated with a Hold at SunTrust (TheFly)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Large Cap report

Biogen (BIIB)

Biogen's Deal Is A Partial Step In The Right Direction, But A Bigger Acquisition Is In Order (Seeking Alpha)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Large Cap report

Dr Pepper Snapple (DPS)

Dr Pepper Snapple to combine with Keurig Green Mountain (Seeking Alpha)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Consumer Staples report

Global Indices

Index

Price

1 Day Return

5 Day Return

MTD

YTD

S&P 500

$ 2,872.87

0.00%

1.41%

7.45%

7.45%

Russell 2000

$ 1,608.06

0.00%

0.18%

4.72%

4.72%

DJ Industrial Average

$ 26,616.71

0.00%

1.53%

7.68%

7.68%

NASDAQ Composite Index

$ 7,505.77

0.00%

1.32%

8.73%

8.73%

CBOE Market Volatility Index

12.07

-

-

-

-

Germany DAX (TR)

€ 13,315.36

-0.19%

-0.92%

3.07%

3.27%

France CAC 40

€ 5,530.91

0.03%

-0.23%

4.11%

4.08%

Japan Nikkei 225

¥ 23,629.34

-0.01%

-0.77%

3.80%

3.81%

Hang Seng Index

¥ 32,966.89

-0.56%

2.35%

10.19%

10.81%

Hang Seng China Enterprises

¥ 13,659.59

-0.47%

3.93%

16.66%

17.21%

S&P ASX 200

AUD 6,075.40

0.42%

0.97%

0.17%

-0.25%

Source: FactSet          

Large Cap Conviction Buy Movers

Large Cap A Winners Ticker Sector Industry

1 Day Return

5 Day Return

YTD

ABBVIE INC ABBV Health Care Biotechnology

13.77%

3.50%

11.98%

ARTHUR J GALLAGHER & CO AJG Financials Insurance

7.37%

2.12%

3.75%

MAXIM INTEGRATED PRODUCTS MXIM Information Technology Semiconductors & Semiconductor Equipment

7.06%

-2.58%

5.43%

MICROCHIP TECHNOLOGY INC MCHP Information Technology Semiconductors & Semiconductor Equipment

4.79%

-5.10%

5.23%

PINNACLE FOODS INC PF Consumer Staples Food Products

4.05%

-2.42%

-0.37%

Large Cap A Losers Ticker Sector Industry

1 Day Return

5 Day Return

YTD

INTUITIVE SURGICAL INC ISRG Health Care Health Care Equipment & Supplies

-2.13%

3.83%

23.26%

NVR INC NVR Consumer Discretionary Household Durables

-1.94%

-9.46%

-4.51%

CROWN HOLDINGS INC CCK Materials Containers & Packaging

-1.70%

2.37%

5.35%

DOMINION ENERGY INC D Utilities Multi-Utilities

-1.55%

2.27%

-5.39%

DOMINO'S PIZZA INC DPZ Consumer Discretionary Hotels, Restaurants & Leisure

-1.16%

2.71%

16.07%

Source: FactSet            

Large Cap Conviction Short Movers

Large Cap F Winners Ticker Sector Industry

1 Day Return

5 Day Return

YTD

DELL TECHNOLOGIES INC DVMT Information Technology Software

-6.45%

-0.06%

8.81%

GOPRO INC GPRO Consumer Discretionary Household Durables

-5.20%

-5.25%

-21.27%

DYNAVAX TECHNOLOGIES CORP DVAX Health Care Biotechnology

-4.42%

15.65%

-3.21%

WHITING PETROLEUM CORP WLL Energy Oil, Gas & Consumable Fuels

-2.86%

1.77%

15.03%

ROKU INC ROKU Consumer Discretionary Household Durables

-2.70%

9.65%

-14.83%

Large Cap F Losers Ticker Sector Industry

1 Day Return

5 Day Return

YTD

INTERCEPT PHARMA INC ICPT Health Care Biotechnology

5.15%

6.96%

5.68%

ACADIA PHARMACEUTICALS INC ACAD Health Care Biotechnology

4.73%

13.97%

1.89%

AVEXIS INC AVXS Health Care Biotechnology

4.36%

0.66%

-1.55%

CF INDUSTRIES HOLDINGS INC CF Materials Chemicals

4.26%

0.05%

-5.01%

PORTOLA PHARMACEUTICALS INC PTLA Health Care Biotechnology

4.03%

5.04%

7.09%

Source: FactSet            

Upcoming Earnings

Company Name Ticker Date
Dominion Energy Inc D 01/29/2018
A. O. Smith Corporation AOS 01/30/2018
Amdocs Limited DOX 01/30/2018
IDEX Corporation IEX 01/30/2018
Principal Financial Group, Inc. PFG 01/30/2018
Advanced Energy Industries, Inc. AEIS 01/31/2018
Avery Dennison Corporation AVY 01/31/2018
Boeing Company BA 01/31/2018
Cadence Design Systems, Inc. CDNS 01/31/2018
Nasdaq, Inc. NDAQ 01/31/2018
Align Technology, Inc. ALGN 01/31/2018
SEI Investments Company SEIC 02/01/2018
Facebook, Inc. Class A FB 02/01/2018
Boston Scientific Corporation BSX 02/01/2018
IDEXX Laboratories, Inc. IDXX 02/01/2018
Ingredion Incorporated INGR 02/01/2018
Mastercard Incorporated Class A MA 02/01/2018
MKS Instruments, Inc. MKSI 02/01/2018
MSCI Inc. Class A MSCI 02/01/2018
Parker-Hannifin Corporation PH 02/01/2018
AMETEK, Inc. AME 02/01/2018
Xylem Inc. XYL 02/01/2018
Mid-America Apartment Communities, Inc. MAA 02/01/2018
Marsh & McLennan Companies, Inc. MMC 02/01/2018
Time Warner Inc. TWX 02/01/2018
Cigna Corporation CI 02/01/2018
C. R. Bard, Inc. BCR 02/01/2018
Edwards Lifesciences Corporation EW 02/02/2018
Roper Technologies, Inc. ROP 02/02/2018
Motorola Solutions, Inc. MSI 02/02/2018
Fortune Brands Home & Security, Inc. FBHS 02/02/2018
Spirit AeroSystems Holdings, Inc. Class A SPR 02/02/2018
Alphabet Inc. Class A GOOGL 02/02/2018
Estee Lauder Companies Inc. Class A EL 02/02/2018
Church & Dwight Co., Inc. CHD 02/05/2018

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