Morning Quant Ride Jan 04, 2018

Jan 04, 2018

The Morning Recap

 

Strength in global stock markets abounds with most markets moving higher in the last 24 hours.  Japan reopened and benchmarks in Tokyo hit levels not seen in over 25 years.  The MSCI Asia Pacific Index closed at a record as well.  Europe stocks rose the most in 2 weeks as momentum in global stock market builds.  European data showed the economy strengthened to its fastest pace in upwards of 7 years.

US stocks remain buoyed by tax cut tailwinds and data from Europe and Asia that are very supportive of stocks.  The growth outlook for most of the world remains very strong and is reflected in stock prices.  US employment data comes Friday.

 

Index

Price

1 Day Return

5 Day Return

MTD

YTD

S&P 500 $ 2,713.06 0.64% 1.13% 1.48% 1.48%
Russell 2000 $ 1,552.58 0.17% 0.56% 1.11% 1.11%
DJ Industrial Average $ 24,922.68 0.40% 0.60% 0.82% 0.82%
NASDAQ Composite Index $ 7,065.53 0.84% 1.82% 2.35% 2.35%
CBOE Market Volatility Index 9.10 - - - -
Germany DAX (TR) € 13,139.79 1.25% -0.70% 1.72% 0.47%
France CAC 40 € 5,406.88 1.42% -0.70% 1.78% 0.35%
Japan Nikkei 225 ¥ 23,506.33 3.26% -0.64% 3.26% 0.00%
Hang Seng Index ¥ 30,736.48 0.57% 3.25% 2.73% 2.15%
Hang Seng China Enterprises ¥ 12,203.55 0.95% 4.06% 4.22% 3.24%
S&P ASX 200 AUD 6,077.10 0.11% 0.01% 0.20% 0.09%
Source: FactSet          

Our Top Picks in the News

 

Click headline for story

Applied Materials (AMAT), Lam Research (LRCX)

4 Top Semiconductor Stocks to Boost Your Portfolio in 2018 (Zacks)
Top Conviction Buys in January, please see our Quantamize Global Top Picks US Info Tech report

 

See more on our Applied Materials QuantShot company report from December 21st 

See more on our Lam Research QuantShot company report from December 5th

 

Ulta Beauty Inc (ULTA)

A Retail Revival For Dick’s & Ulta (Barron’s)
Top Conviction Buy in January, please see our Quantamize Global Top Picks US Consumer Discretionary report

 

See more on our Ulta Beauty QuantShot company report from September 22nd   

 

Thor Industries (THO), Winnebago Industries (WGO 

THO or WGO: Which Stock Promises More in a Robust RV Market? (Zacks)
Thor is a top Conviction Buy in January, please see our Quantamize Global Top Picks US Large Cap report

 

Winnebago is a top Conviction Buy in January, please see our Quantamize Global Top Picks US SMID Cap report

See more on our Thor Industries QuantShot company report from December 5th

See more on our Winnebago Industries QuantShot company report from November 10th

 

 

 


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