Morning Quant Ride Jan 17, 2018

Jan 17, 2018

Traders’ Corner

 

US equity futures are pointing to a positive open this morning after the S&P 500 closed yesterday down 0.35%.

We posted two QuantShot Shorts yesterday. Check them out here:

QuantShot: Benefitfocus (BNFT)

QuantShot: Immersion (IMMR)

Ahead of the NY open, we are watching MOMO, one of our A-Rated Chinese stocks which was a laggard yesterday. Momo closed down 5.06% yesterday

MOMO Feb 2 Bull Call Spread

In addition, we are revisiting recent US Industrials and US Fintech QOptions trades:

LMT Jan 26 Bull Put Spread

MA Jan 26 Bull Put Spread

 

Our Top Picks in the News

 

Click headline for story

Wynn Resorts, Limited (WYNN)

The House Always Wins: Time to Buy Wynn (Barron’s)
Conviction Buy in January, please see Quantamize Global Top Picks US Consumer Discretionary report

 

See more on our Wynn Resorts QuantShot company report from January 10th

Boeing (BA), Lockheed Martin (LMT), United Technologies (UTX)

Aerospace or Defense? Yes Please! (Barron’s)
Top Conviction Buys in January, please see Quantamize Global Top Picks US Industrials report

 

See more on our Lockheed Martin Q-Option Bull Put Spread trade idea from January 11th  

HP, Inc (HPQ)

HP, Inc. - Strong Buy on PC Sales Data (Seeking Alpha)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Info Tech report

 

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

Hasbro (HAS)

Should Hasbro be Part of your Dividend Portfolio? (Yahoo Finance)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Consumer Discretionary report

 

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

UnitedHealth Group (UNH)

UnitedHealth price target raised to $280 from $235 at Cantor Fitzgerald (The Fly)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Large Cap report

Domino's Pizza (DPZ)

Domino's Pizza CEO: Your Pizzas will probably be delivered by Autonomous Cars (TheStreet)
Top 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

Ulta Beauty Inc. (ULTA)

Confident take on Ulta Beauty from Morgan Stanley (Seeking Alpha)
Top Conviction Buy in January, please see Quantamize Global Top Picks US Consumer Discretionary report

 

 

The Morning Recap

 

Asian markets traded mostly lower struggling for traction with little regional drivers during the session.  Chinese regulators made clear again that this year will see even more aggressive regulation of markets.  In Japan focus is on the potential for BoJ press conference to deliver news on a quicker backing off of asset purchases given economic strength there.  European markets were lower midday though not by much.  Brexit will be in focus in a number of venues including the European Parliament as well as in the UK Parliament.

The US futures are higher premarket.  Bank of America and US Bancorp both came above expectations.  The rest of the day is packed with earnings that should set the tone for the day.  Bitcoin continued its slide this morning after falling 20+% yesterday.

 

Index

Price

1 Day Return

5 Day Return

MTD

YTD

S&P 500 $ 2,776.42 0.00% 0.91% 3.85% 3.85%
Russell 2000 $ 1,572.97 0.00% 0.83% 2.44% 2.44%
DJ Industrial Average $ 25,792.86 0.00% 1.60% 4.34% 4.34%
NASDAQ Composite Index $ 7,223.69 0.00% 0.84% 4.64% 4.64%
CBOE Market Volatility Index 11.35 - - - -
Germany DAX (TR) € 13,208.04 -0.29% -1.04% 2.24% 2.54%
France CAC 40 € 5,508.05 -0.10% -0.18% 3.68% 3.79%
Japan Nikkei 225 ¥ 23,868.34 -0.35% 0.43% 4.85% 5.21%
Hang Seng Index ¥ 31,983.41 0.25% 2.88% 6.90% 6.64%
Hang Seng China Enterprises ¥ 12,868.78 0.64% 4.34% 9.90% 9.21%
S&P ASX 200 AUD 6,015.80 -0.54% -1.42% -0.81% -0.27%
Source: FactSet          
Large Cap A Gainers Ticker Sector Industry 1 Day Return 5 Day Return MTD YTD 52wkH 52wkL
EDGEWELL PERSONAL CARE CO EPC Consumer Staples Personal Products 3.87% 2.55% 4.43% 4.43% -24.42% 10.87%
ABBVIE INC ABBV Health Care Biotechnology 2.14% 2.24% 5.98% 5.98% -0.50% 72.92%
APPLIED MATERIALS INC AMAT Information Technology Semiconductors & Semiconductor Equipment 1.96% -0.66% 6.61% 6.61% -10.49% 64.70%
UNITEDHEALTH GROUP INC UNH Health Care Health Care Providers & Services 1.86% 3.11% 5.64% 5.64% -0.89% 49.21%
IDEXX LABS INC IDXX Health Care Health Care Equipment & Supplies 1.65% 6.26% 12.61% 12.61% -0.65% 51.11%
MKS INSTRUMENTS INC MKSI Information Technology Semiconductors & Semiconductor Equipment 1.51% -0.26% 3.33% 3.33% -11.71% 61.67%
BLACKROCK INC BLK Financials Capital Markets 1.34% 5.44% 9.59% 9.59% -1.54% 53.90%
SERVICE CORP INTERNATIONAL SCI Consumer Discretionary Diversified Consumer Services 1.13% 0.63% 3.16% 3.16% -0.44% 34.29%
LAM RESEARCH CORP LRCX Information Technology Semiconductors & Semiconductor Equipment 1.00% -3.63% 3.43% 3.43% -13.34% 75.54%
MID-AMERICA APT CMNTYS INC MAA Real Estate Equity Real Estate Investment Trusts (REITs) 0.96% -2.96% -8.31% -8.31% -16.90% 1.45%
Large Cap A Losers Ticker Sector Industry 1 Day Return 5 Day Return MTD YTD 52wkH 52wkL
ALLIANCE DATA SYSTEMS CORP ADS Information Technology IT Services -6.62% -3.69% 1.81% 1.81% -7.28% 23.48%
TJX COMPANIES INC TJX Consumer Discretionary Specialty Retail -2.16% 1.44% 0.17% 0.17% -5.35% 15.28%
SS&C TECHNOLOGIES HLDGS INC SSNC Information Technology Software -2.00% 14.69% 19.76% 19.76% -5.66% 57.30%
PRINCIPAL FINANCIAL GRP INC PFG Financials Insurance -1.77% -0.10% 3.32% 3.32% -2.54% 29.90%
CADENCE DESIGN SYSTEMS INC CDNS Information Technology Software -1.75% -1.75% 5.88% 5.88% -2.98% 72.83%
BOSTON SCIENTIFIC CORP BSX Health Care Health Care Equipment & Supplies -1.75% -3.51% 8.83% 8.83% -9.86% 15.84%
DOLLAR TREE INC DLTR Consumer Discretionary Multiline Retail -1.71% 2.91% 5.19% 5.19% -2.60% 71.99%
AVERY DENNISON CORP AVY Materials Containers & Packaging -1.65% -1.29% 2.19% 2.19% -2.44% 63.69%
STANLEY BLACK & DECKER INC SWK Industrials Machinery -1.39% -1.50% 0.78% 0.78% -2.21% 45.64%
ADOBE SYSTEMS INC ADBE Information Technology Software -1.33% 3.09% 9.83% 9.83% -2.90% 79.77%
Large Cap F Gainers Ticker Sector Industry 1 Day Return 5 Day Return MTD YTD 52wkH 52wkL
MGM RESORTS INTERNATIONAL MGM Consumer Discretionary Hotels, Restaurants & Leisure 2.85% 7.14% 7.91% 7.91% -1.15% 43.26%
AK STEEL HOLDING CORP AKS Materials Metals & Mining 2.75% 4.43% 12.37% 12.37% -38.01% 59.00%
GOPRO INC GPRO Consumer Discretionary Household Durables 2.09% 3.08% -15.98% -15.98% -46.51% 26.19%
NEVRO CORP NVRO Financials Health Care Equipment & Supplies 1.51% 2.41% 15.51% 15.51% -19.95% 22.69%
CARS.COM INC CARS Information Technology Internet Software & Services 1.28% -0.90% 7.35% 7.35% -4.09% 55.58%
M/ACOM TECHNOLOGY SOLUTIONS MTSI Information Technology Semiconductors & Semiconductor Equipment 1.21% 2.81% 13.52% 13.52% -44.02% 24.25%
TESLA INC TSLA Consumer Discretionary Automobiles 1.14% 1.91% 9.22% 9.22% -12.72% 45.10%
IMPAX LABORATORIES INC IPXL Consumer Discretionary Pharmaceuticals 1.05% 11.56% 15.92% 15.92% -24.90% 149.03%
SWITCH INC SWCH Information Technology IT Services 0.87% -2.03% -4.34% -4.34% -30.12% 10.34%
WHITING PETROLEUM CORP WLL Industrials Oil, Gas & Consumable Fuels 0.84% 5.07% 13.41% 13.41% -39.80% 89.11%
Large Cap F Losers Ticker Sector Industry 1 Day Return 5 Day Return MTD YTD 52wkH 52wkL
BITCOIN INVESTMENT TRUST GBTC Health Care Undefined -11.88% -19.63% -13.89% -13.89% -50.72% 1593.66%
UNDER ARMOUR INC UA Consumer Discretionary Textiles, Apparel & Luxury Goods -11.74% -11.49% -6.31% -6.31% -52.85% 20.46%
BITCOIN INVESTMENT TRUST GBTC Health Care Undefined -11.88% -19.63% -13.89% -13.89% -50.72% 1593.66%
ROKU INC ROKU Consumer Discretionary Household Durables -9.66% -12.39% -24.31% -24.31% -33.35% 148.83%
PUMA BIOTECHNOLOGY INC PBYI Health Care Biotechnology -8.46% -3.14% -8.09% -8.09% -33.64% 220.46%
OPKO HEALTH INC OPK Consumer Discretionary Biotechnology -7.63% -7.82% -6.12% -6.12% -50.00% 2.22%
DYNAVAX TECHNOLOGIES CORP DVAX Consumer Staples Biotechnology -6.98% -16.52% -21.66% -21.66% -40.08% 295.95%
RITE AID CORP RAD Consumer Staples Food & Staples Retailing -6.69% 8.78% 13.20% 13.20% -74.37% 61.59%
MEDICINES CO MDCO Industrials Pharmaceuticals -6.69% -4.18% -6.11% -6.11% -54.12% 1.66%
NEUROCRINE BIOSCIENCES INC NBIX Industrials Biotechnology -6.49% -4.34% -1.93% -1.93% -9.24% 98.00%
Source: FactSet                  

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