Morning Quant Ride Jan 05, 2018

Jan 05, 2018

Traders’ Corner

 

US equity futures are pointing to a positive open in NY this morning.  This week, we have spent time examining our A and C stocks to see if we can find opportunities to sell rich single stock volatilities with the VIX index hanging around 9.

BA January 26th Bull Put

EA January 26th Butterfly

MOMO February 2nd Bull Call Spread

UPS February 2nd Butterfly

Verizon February 2nd Butterfly

 

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Our Top Picks in the News

 

Click headline for story

Alphabet (GOOGL)

Google backs Chinese Game-Streaming Startup (Axios)
Top Conviction Buy in January, please see our Quantamize Global Top Picks US Info Tech report

 

 

Boeing (BA)

Boeing Wins $193M FMS Deal to Build Small Diameter Bomb (Zacks) 
Top Conviction Buys in January, please see our Quantamize Global Top Picks US Industrials report

 

See more on our BA QuantShot company report from November 9th  

 

Weibo (WB), YY (YY)

These Two Hot China Internet Stocks Were Initiated With Buy Ratings (Investors Business Daily)
Top Conviction Buys in January, please see our Quantamize Global Top Picks China report

 

See more on our YY QuantShot company report from November 9th  

See more on our Weibo QuantShot company report from December 14th

 

Tencent (TCEHY), Alibaba (BABA)

Tencent And Alibaba Still Good Calls For 2018 (Bloomberg)
Top Conviction Buys in January, please see our Quantamize Global Top Picks China report

 

See more on our Tencent QuantShot company report from December 18th  

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

 

Lam Research (LRCX)

Dinner With Lam Research (Seeking Alpha)
Top Conviction Buy in January, please see our Quantamize Global Top Picks US Info Tech report

 

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

 

Apple, Inc. (AAPL)

Apple: After Tax Break, a Netflix Acquisition? (Barron's)
Top Conviction Buy in January, please see our Quantamize Global Top Picks US Info Tech report

 

See more on our Apple QuantShot company report from Oct 23rd 

 

The Morning Recap

Index

Price

1 Day Return

5 Day Return

MTD

YTD

S&P 500 $ 2,723.99 0.40% 1.36% 1.88% 1.88%
Russell 2000 $ 1,555.72 0.20% 0.44% 1.32% 1.32%
DJ Industrial Average $ 25,075.13 0.61% 0.96% 1.44% 1.44%
NASDAQ Composite Index $ 7,077.91 0.18% 1.84% 2.53% 2.53%
CBOE Market Volatility Index 9.32 - - - -
Germany DAX (TR) € 13,305.94 1.05% 1.45% 3.03% 1.94%
France CAC 40 € 5,453.06 0.73% 1.39% 2.66% 1.90%
Japan Nikkei 225 ¥ 23,714.53 0.89% 3.17% 4.17% 3.26%
Hang Seng Index ¥ 30,814.64 0.25% 2.92% 2.99% 2.73%
Hang Seng China Enterprises ¥ 12,211.63 0.07% 4.45% 4.29% 4.22%
S&P ASX 200 AUD 6,122.30 0.74% -0.18% 0.94% 0.20%
Source: FactSet          

 

Global markets extended their gains overnight with the theme of global synchronized bringing more bids to the markets.  Markets around Asia rose overnight with European markets higher as inflation came lower than expected, printing at only 1.4% with core inflation of 0.9%, both below estimates and below the level the ECB would prefer.  In the UK the FTSE closed at a record level while Emerging Markets closed at the highest level in 7 years.

In the US the Dow Jones closed above 25,000 yesterday for the first time, another milestone in what seems like an endless line of stock market records.  Strategist after strategist talks about 2018 being a year of global growth attracting more bidders to stocks.  Look for higher markets in the US again today.

 

Large Cap A Gainers Ticker Sector Industry 1 Day Return 5 Day Return MTD YTD 52wkH 52wkL
MICRON TECHNOLOGY INC MU Information Technology Semiconductors & Semiconductor Equipment 4.22% 12.13% 14.01% 14.01% -6.03% 118.15%
LEAR CORP LEA Consumer Discretionary Auto Components 3.37% 3.65% 5.37% 5.37% -0.39% 41.01%
BIG LOTS INC BIG Consumer Discretionary Multiline Retail 3.11% 1.56% 0.89% 0.89% -5.90% 25.61%
DOMINO'S PIZZA INC DPZ Consumer Discretionary Hotels, Restaurants & Leisure 2.94% 3.85% 4.41% 4.41% -10.96% 22.09%
FIVE BELOW INC FIVE Consumer Discretionary Specialty Retail 2.60% 6.78% 9.53% 9.53% -0.56% 95.58%
FORTIVE CORP FTV Industrials Machinery 2.53% 2.41% 2.63% 2.63% -1.90% 39.41%
ZEBRA TECHNOLOGIES CP -CL A ZBRA Information Technology Electronic Equipment, Instruments & Components 1.98% 3.43% 3.91% 3.91% -8.16% 33.13%
INGREDION INC INGR Consumer Staples Food Products 1.97% 0.68% 0.75% 0.75% -1.25% 24.57%
INTERCONTINENTAL EXCHANGE ICE Financials Financials 1.89% 2.45% 2.40% 2.40% -1.01% 29.48%
CHURCH & DWIGHT INC CHD Consumer Staples Household Products 1.69% -0.48% -0.46% -0.46% -7.83% 15.58%
Large Cap A Losers Ticker Sector Industry 1 Day Return 5 Day Return MTD YTD 52wkH 52wkL
WALGREENS BOOTS ALLIANCE INC WBA Consumer Staples Food & Staples Retailing -5.18% -1.84% -1.40% -1.40% -18.64% 12.19%
MID-AMERICA APT CMNTYS INC MAA Real Estate Real Estate -2.92% -3.96% -3.96% -3.96% -12.95% 4.41%
INTUITIVE SURGICAL INC ISRG Health Care Health Care -1.80% 2.18% 3.28% 3.28% -6.94% 80.22%
COOPER COMPANIES INC COO Health Care Health Care -1.41% 1.53% 2.60% 2.60% -12.81% 27.52%
ADVANCED ENERGY INDS INC AEIS Information Technology Semiconductors & Semiconductor Equipment -1.39% -1.24% 0.71% 0.71% -28.46% 23.68%
NVR INC NVR Consumer Discretionary Household Durables -1.19% -0.15% 0.35% 0.35% -2.20% 111.88%
BOSTON SCIENTIFIC CORP BSX Health Care Health Care -0.94% 0.52% 2.14% 2.14% -15.40% 15.35%
COSTCO WHOLESALE CORP COST Consumer Staples Food & Staples Retailing -0.78% 1.33% 1.60% 1.60% -3.20% 26.07%
ABBVIE INC ABBV Health Care Health Care -0.57% 1.63% 2.76% 2.76% -0.74% 67.67%
MARRIOTT INTL INC MAR Consumer Discretionary Hotels, Restaurants & Leisure -0.55% -0.64% -0.02% -0.02% -1.38% 67.45%
Large Cap F Gainers Ticker Sector Industry 1 Day Return 5 Day Return MTD YTD 52wkH 52wkL
ARCONIC INC ARNC Industrials Aerospace & Defense 4.79% 6.15% 7.60% 7.60% -4.46% 49.59%
WORKDAY INC WDAY Information Technology Software 3.88% 6.90% 7.38% 7.38% -6.54% 54.03%
TESARO INC TSRO Financials Health Care 3.42% -6.10% -4.86% -4.86% -59.14% 6.04%
CAESARS ENTERTAINMENT CORP CZR Consumer Discretionary Hotels, Restaurants & Leisure 3.41% 2.79% 1.98% 1.98% -5.15% 54.95%
APACHE CORP APA Energy Energy 3.33% 9.26% 10.94% 10.94% -26.96% 22.81%
AK STEEL HOLDING CORP AKS Materials Materials 3.31% 13.72% 15.72% 15.72% -41.93% 63.75%
BAKER HUGHES A GE CO BHGE Information Technology Energy 3.28% 10.29% 9.45% 9.45% -47.02% 16.91%
CARS.COM INC CARS Information Technology Internet Software & Services 2.67% 4.02% 3.95% 3.95% -1.06% 50.65%
SUPERIOR ENERGY SERVICES INC SPN Information Technology Energy 2.64% 11.95% 12.88% 12.88% -43.01% 42.00%
CARRIZO OIL & GAS INC CRZO Financials Energy 2.58% 9.95% 12.12% 12.12% -39.56% 114.95%
Large Cap F Losers Ticker Sector Industry 1 Day Return 5 Day Return MTD YTD 52wkH 52wkL
DEXCOM INC DXCM Health Care Health Care -10.04% -8.86% -8.96% -8.96% -41.16% 22.60%
ROKU INC ROKU Consumer Discretionary Household Durables -7.58% -3.67% -1.04% -1.04% -12.86% 225.33%
DEXCOM INC DXCM Health Care Health Care -10.04% -8.86% -8.96% -8.96% -41.16% 22.60%
SPRINT CORP S Energy Telecommunication Services -4.58% -4.74% -4.41% -4.41% -41.66% 3.87%
DYNAVAX TECHNOLOGIES CORP DVAX Consumer Staples Health Care -3.49% -6.74% -3.74% -3.74% -26.38% 386.49%
NEUROCRINE BIOSCIENCES INC NBIX Industrials Health Care -3.25% 6.49% 3.47% 3.47% -3.93% 108.90%
INCYTE CORP INCY Financials Health Care -2.52% 3.21% 3.94% 3.94% -35.72% 5.95%
ACADIA PHARMACEUTICALS INC ACAD Health Care Health Care -2.47% -7.70% -4.42% -4.42% -30.15% 14.84%
FITBIT INC FIT Information Technology Electronic Equipment, Instruments & Components -2.45% 1.18% 4.73% 4.73% -27.34% 22.04%
RANGE RESOURCES CORP RRC Financials Energy -2.30% -1.19% 1.99% 1.99% -52.20% 13.50%
Source: FactSet                  

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