Morning Quant Ride Jan 11, 2018

Jan 11, 2018

Traders’ Corner

 

US futures are pointing to a positive open for US equities this morning after the first down day of the year for US equities yesterday.

Delta Airlines (DAL), an A-Rated stock on our Industrials Quant Model, is rallying this morning on earnings. This should be a good read through for our other A-Rated Air Lines, and Aerospace producers, most notably Skywest (SKYW) and Boeing (BA).

See our BA Jan 26 Bull Put Spread

We are also keeping an eye on some of our other A-Rated stocks that should be direct beneficiaries of the new tax reform.

Stanley Black and Decker (SWK)

Choice Hotels (CHH) – see our CHH QuantShot from December 14th

Darden Restaurants (DRI) – see our DRI QuantShot from November 13th

Wingstop (WING) – see our WING QuantShot from November 7th

Domino’s Pizza (DPZ) – see our DPZ QuantShot from January 9th

 

Our Top Picks in the News

 

Click headline for story

Baidu (BIDU)

Baidu Raises A.I. Voice At CES (Barron’s)
Conviction Buy in January, please see Quantamize Global Top Picks China report

 

See more on our Baidu QuantShot company report from January 9th

Roper Technologies (ROP)

Roper Technologies: Capital Allocation Master Class (Seeking Alpha)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Info Tech report

 

See more on our Roper QuantShot company report from January 9th

Philip Morris International (PM)

Is This Smoke Stock Past Its Prime?  (Seeking Alpha)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Consumer Staples report

 

See more on our Philip Morris Intl QuantShot company report from January 10th

Thor Industries (THO)

Will Thor Industries Continue to Climb in 2018 (Motley  Fool)
Conviction Buy in January, please see Quantamize Global Top Picks US Consumer Discretionary report

 

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

Deer & Company (DE)

Deere Reports 4WD tractor retail sales up 27% (Seeking Alpha)
Conviction Buy in January, please see Quantamize Global Top Picks US Industrials report

Waste Management (WM)

Waste Management promises $2000 employee bonuses from tax reform (Seeking Alpha)
Conviction Buy in January, please see Quantamize Global Top Picks US Industrials report

 

See more on our Waste Management QuantShot company report from December 8th

Domino's Pizza (DPZ)

Departing Domino's CEO Doyle says he's not leaving for Chipotle (Seeking Alpha)
Conviction Buy in January, please see Quantamize Global Top Picks US Consumer Discretionary report

 

See more on our Domino's Pizza QuantShot company report from January 9th

Boeing (BA)

Boeing unveils unmanned electric cargo aircraft prototype (Puget Sound Business Journal)
Conviction Buy in January, please see Quantamize Global Top Picks US Industrials report

 

See more on our Boeing QuantShot company report from October 26th

Apple (AAPL)

What will Apple do after repatriating all of its cash? (Motley Fool)
Conviction Buy in January, please see Quantamize Global Top Picks US Industrials report

 

See more on our Apple company report from January 5th

 

The Morning Recap

 

Lower markets were the trend across Asia overnight as there was more profit taking, though less than in the last session.  China denied the press reports that it was changing its US debt purchase strategy and yields returned to recent levels.  In South Korea, where 4.5% of the world’s cryptocurrency volume occurs, the crackdown by regulator intensified.  European markets traded mixed to lower within a tight range with few significant headlines.

In the US pre-market futures point to a higher open.  Some light selling yesterday allowed for some consolidation of gains.  Delta’s positive results and comments on benefits they see from the recent tax cut portend a positive earnings season.

 

Index

Price

1 Day Return

5 Day Return

MTD

YTD

S&P 500 $ 2,748.23 0.00% 0.89% 2.79% 2.79%
Russell 2000 $ 1,559.80 0.00% 0.26% 1.58% 1.58%
DJ Industrial Average $ 25,369.13 0.00% 1.17% 2.63% 2.63%
NASDAQ Composite Index $ 7,153.57 0.00% 1.07% 3.62% 3.62%
CBOE Market Volatility Index 9.72 - - - -
Germany DAX (TR) € 13,225.90 -0.42% 0.86% 2.40% 2.82%
France CAC 40 € 5,495.10 -0.17% 1.68% 3.42% 3.62%
Japan Nikkei 225 ¥ 23,710.43 -0.33% 1.20% 4.15% 4.49%
Hang Seng Index ¥ 31,120.39 0.15% 1.10% 4.01% 3.86%
Hang Seng China Enterprises ¥ 12,295.52 0.05% 0.70% 5.01% 4.95%
S&P ASX 200 AUD 6,067.60 -0.48% 0.32% 0.04% 0.52%
Source: FactSet          

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