Morning Quant Ride

May 09, 2018

Your Key Morning Highlights

  • US equity index futures are pointing to a positive open in NY
  • WTI is up 2.62% to USD$70.86/barrel following the decision by US President Trump to leave the Iran Nuclear Deal yesterday
  • S&P Oil & Gas E&P iShare (XOP) is up 1.6% in pre-market on the news about the Iran Nuclear Deal 
  • VIX is down to 14.30 this AM
  • USD$ is weaker this morning against the EUR€, GBP£ and JPY¥ 
  • US Bond Yields are shifting upwards with the yield on the 10-year sitting at 2.948% after beginning the week at 2.951%
  • $25 billion in 10-year notes will be auctioned this afternoon, the market is watching to see if 10-year yields cross 3% for the first time in 7 years
  • The US government is holding an auction of $25 billion in 10-year notes starting at 1 PM today
  • European equites are mostly higher with Euro Stoxx 600 +0.15%, the FTSE 100 +0.39%, the DAX (+0.01%), while the CAC40 (-0.06%) is in the red.
  • Asian markets are mixed with Nikkei 225 (-0.45%) reversing from yesterday’s gains, while the Hang Seng +0.44% and Sensex (+0.31%) build on positive returns in the previous session.
  • Australian equities advanced with the ASX 200 +0.26%, with returns in energy (1.34%) and real estate (+0.88%) leading markets higher
  • The Winklevoss brothers have won a cryptocurrency patent giving them the right to settle exchange traded products (ETPs) that hold cryptocurrencies
  • Coinone transfer, a payments company, and subsidiary of South Korean cryptocurrency exchange Coinone, will be joining RippleNet to use xCurrent, Ripple’s blockchain solution for cross-border payments and settlements.
  • Sirin Labs has released the specifications for its ultra-secure cold storage crypto wallet phone which will be designed by Foxconn International Holding (FIH)
  • Quantamize’s rolling 3-Day Machine Learning Crypto Signals were updated last night; 7 out of 30 cryptocurrencies are rated as Buy

S&P 500 Sector Performance

Conviction Buy Laggards From Yesterday We Are Watching Today

Click name for Q-Factor rating and financial data.

Axcelis Technologies, Inc. - 40.35% off its 52wkH on 11/24/2017, reports earnings on 08/02/2018

CVS Health Corporation - 27.73% off its 52wkH on 09/19/2017, reports earnings on 08/09/2018

Finjan Holdings, Inc. - 26.35% off its 52wkH on 06/23/2017, reports earnings on 05/09/2018

KLA-Tencor Corporation - 13.76% off its 52wkH on 03/13/2018, reports earnings on 07/27/2018

Macy's, Inc. - 8.23% off its 52wkH on 04/27/2018, reports earnings on 05/16/2018

MCBC Holdings, Inc. - 10.10% off its 52wkH on 02/12/2018, reports earnings on 05/10/2018

United Rentals, Inc. - 16.47% off its 52wkH on 03/13/2018, reports earnings on 07/20/2018

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

Bayerische Motoren Werke (DB:BMW) will be recalling 312,000 vehicles that are at risk of stalling frequently.

Boeing Co (BA), which had $20 billion worth of deals in place with Iran in which Boeing would provide the country with jets, has had its licence revoked in Iran, according to Treasury Secretary Steven Mnuchin.

Burberry Group (LSE:BRBY) shares are trading 6.55% lower after investor Albert Frere sold the entirety of his 6.6% stake in the company.

Coty (COTY) reports F3Q2018 earnings results which were in-line with Street expectations.  Coty (COTY) gross margin was 64.3% vs. Consensus of 62.1%.  In pre-market trading, Coty (COTY) is not trading.

Glassdoor agreed to be acquire by Japanese firm Recruit Holdings (TSE:6098) for $1.2 billion. 

Cigarette maker, Imperial Brands Plc (LSE:IMB), announced plans to raise $2.7 billion through divestiture, and is seeking to further develop smoking alternative

Five more Nike (NKE) executives have left the company, brining the total number of departures to 11, as an internal investigation into workplace misconduct continue.

Vodafone Group (LSE:VOD) has acquired business segments from Liberty Group (LBTYA) in four countries (Germany, Czech Republic, Hungary and Romania), in a deal reportedly worth $23 billion. It is likely that Vodafone will be required to pass EU antitrust review before a deal can be completed.

Walmart (WMT) has announced that it will be acquiring a 77% stake in Indian e-commerce company Flipkart. Walmart will reportedly pay nearly $16 billion to Flipkart in the deal.


Major companies reporting earnings over the next 24 hours:

CenturyLink (CTL)
Duke Energy (DUK)
Mylan NV (MYL)
Twenty-First Century Fox (FOXA)

Cryptocurrencies Today

Stock Movers

Conviction Buy Winners and Losers

On Mobile/Tablet Scroll to the Right

Winners  Ticker Sector Industry 1 Day Return 5 Day Return  YTD
Expeditors International of Washington, Inc. EXPD Industrials Air Freight and Logistics 8.77% 10.46% 7.56%
Comerica Incorporated CMA Financials Regional Banks 1.83% 3.00% 10.32%
Eagle Materials Inc. EXP Materials Construction Materials 1.82% 3.41% -8.50%
Black Knight, Inc. BKI Information Technology Data Processing and Outsourced Services 1.71% 2.13% 14.27%
Copart, Inc. CPRT Industrials Diversified Support Services 1.45% 1.76% 23.18%

 

Losers Ticker Sector Industry 1 Day Return 5 Day Return  YTD
Express Scripts Holding Company ESRX Healthcare Healthcare Services -2.25% -5.65% -10.01%
Louisiana-Pacific Corporation LPX Materials Forest Products -2.03% -0.65% -2.72%
ICU Medical, Inc. ICUI Healthcare Healthcare Supplies -1.93% 0.27% 3.00%
Becton, Dickinson and Company BDX Healthcare Healthcare Equipment -1.55% -2.31% -4.12%
Marathon Petroleum Corporation MPC Energy Oil and Gas Refining and Marketing -1.56% -2.78% 0.53%

Source: S&P Capital IQ

Conviction Short Winners and Losers

On Mobile/Tablet Scroll to the Right

Winners Ticker Sector Industry 1 Day Return 5 Day Return  YTD
Spark Therapeutics, Inc. ONCE Healthcare Biotechnology -4.70% -2.41% -8.58%
Array BioPharma Inc. ARRY Healthcare Biotechnology -3.20% 0.96% 0.44%
Ceridian HCM Holding Inc. CDAY Information Technology Application Software -3.06% -2.49% 4.34%
CyrusOne Inc. CONE Real Estate Specialized REITs -3.03% -3.19% -1.03%
ImmunoGen, Inc. IMGN Healthcare Biotechnology -2.84% -9.91% -9.83%

 

Losers Ticker Sector Industry 1 Day Return 5 Day Return  YTD
Carrizo Oil & Gas, Inc. CRZO Energy Oil and Gas Exploration and Production 16.76% 20.36% 11.94%
Laredo Petroleum, Inc. LPI Energy Oil and Gas Exploration and Production 7.40% 11.47% -5.66%
Smartsheet Inc. SMAR Information Technology Application Software 5.77% 6.64% 0.00%
Acacia Communications, Inc. ACIA Information Technology Communications Equipment 5.70% 6.50% -14.52%
DocuSign, Inc. DOCU Information Technology Internet Software and Services 4.62% 3.00% 0.00%

Source: S&P Capital IQ

Events Calendar

On Mobile/Tablet Scroll to the Right

Company Name Ticker Event Date Event Type Q-Factor Score
ZTO Express (Cayman) Inc. ZTO 5/9/2018 Earnings Release Date China All-Cap: A
Conduent Incorporated CNDT 5/9/2018 Earnings Release Date US Large-Cap: C, US Information Technology: C
Sinclair Broadcast Group, Inc. SBGI 5/9/2018 Earnings Release Date US Large-Cap: C, US Consumer Discretionary: C
Coty Inc. COTY 5/9/2018 Earnings Release Date US Large-Cap: F, US Consumer Staples: C
EPAM Systems, Inc. EPAM 5/9/2018 Earnings Release Date US Large-Cap: C, US Information Technology: C
Syneos Health, Inc. SYNH 5/9/2018 Earnings Release Date US Large-Cap: C
SINA Corporation SINA 5/9/2018 Earnings Release Date China All-Cap: B
ADT Inc. ADT 5/9/2018 Earnings Release Date US Large-Cap: C, US Industrials: B
Cinemark Holdings, Inc. CNK 5/9/2018 Earnings Release Date US Large-Cap: D, US Consumer Discretionary: A
Array BioPharma Inc. ARRY 5/9/2018 Earnings Release Date US Large-Cap: F
Mylan N.V. MYL 5/9/2018 Earnings Release Date US Large-Cap: B
Nexstar Media Group, Inc. NXST 5/9/2018 Earnings Release Date US Large-Cap: C, US Consumer Discretionary: B
Ameren Corporation AEE 5/9/2018 Earnings Release Date US Large-Cap: C
Occidental Petroleum Corporation OXY 5/9/2018 Earnings Release Date US Large-Cap: C
Puma Biotechnology, Inc. PBYI 5/9/2018 Earnings Release Date US Large-Cap: D
Booking Holdings Inc. BKNG 5/9/2018 Earnings Release Date US Large-Cap: D, US Consumer Discretionary: B
ICU Medical, Inc. ICUI 5/9/2018 Earnings Release Date US Large-Cap: A
Altice USA, Inc. ATUS 5/9/2018 Earnings Release Date US Large-Cap: D
Portola Pharmaceuticals, Inc. PTLA 5/9/2018 Earnings Release Date US Large-Cap: F
Albemarle Corporation ALB 5/9/2018 Earnings Release Date US Large-Cap: C
The Dun & Bradstreet Corporation DNB 5/9/2018 Earnings Release Date US Large-Cap: B, US Industrials: B
Energy Transfer Equity, L.P. ETE 5/9/2018 Earnings Release Date US Large-Cap: C
Energy Transfer Partners, L.P. ETP 5/9/2018 Earnings Release Date US Large-Cap: C
IAC/InterActiveCorp IAC 5/9/2018 Earnings Release Date US Large-Cap: F, US Information Technology: D
Nuance Communications, Inc. NUAN 5/9/2018 Earnings Release Date US Large-Cap: B, US Information Technology: B
RLJ Lodging Trust RLJ 5/9/2018 Earnings Release Date US Large-Cap: D
RingCentral, Inc. RNG 5/9/2018 Earnings Release Date US Large-Cap: D, US Information Technology: D
Sabra Health Care REIT, Inc. SBRA 5/9/2018 Earnings Release Date US Large-Cap: D
Qurate Retail Group, Inc. QRTE.A 5/9/2018 Estimated Earnings Release Date US Large-Cap: C
Air Lease Corporation AL 5/9/2018 Estimated Earnings Release Date US Large-Cap: C, US Industrials: C
Amdocs Limited DOX 5/9/2018 Estimated Earnings Release Date US Large-Cap: B, US Information Technology: C
MuleSoft, Inc. MULE 5/9/2018 Estimated Earnings Release Date US Large-Cap: F, US Information Technology: F
NVIDIA Corporation NVDA 5/9/2018 Estimated Earnings Release Date US Large-Cap: B, US Information Technology: B
CA, Inc. CA 5/9/2018 Earnings Release Date US Large-Cap: C, US Information Technology: B
Dropbox, Inc. DBX 5/9/2018 Earnings Release Date US Large-Cap: F, US Information Technology: D
Redfin Corporation RDFN 5/9/2018 Earnings Release Date US Large-Cap: D
Tribune Media Company TRCO 5/9/2018 Earnings Release Date US Large-Cap: C, US Consumer Discretionary: B
Cowell e Holdings Inc. SEHK:1415 5/9/2018 Estimated Earnings Release Date China All-Cap: D
Q Technology (Group) Company Limited SEHK:1478 5/9/2018 Estimated Earnings Release Date China All-Cap: C
Melco International Development Limited SEHK:200 5/9/2018 Estimated Earnings Release Date China All-Cap: A
Universal Medical Financial & Technical Advisory Services Company Limited SEHK:2666 5/9/2018 Estimated Earnings Release Date China All-Cap: D
CITIC Limited SEHK:267 5/9/2018 Estimated Earnings Release Date China All-Cap: C
MTR Corporation Limited SEHK:66 5/9/2018 Estimated Earnings Release Date China All-Cap: B
Giordano International Limited SEHK:709 5/9/2018 Estimated Earnings Release Date China All-Cap: A
RISE Education Cayman Ltd REDU 5/9/2018 Earnings Release Date China All-Cap: F
ReTo Eco-Solutions, Inc. RETO 5/9/2018 Estimated Earnings Release Date China All-Cap: F
BEST Inc. BSTI 5/9/2018 Earnings Release Date China All-Cap: C