US Daily Market Insights & Ideas
Swing Trading Ideas (1-4 Weeks)
- WINGSTOP INC (WING) Target 1 275.53 (12.65%) Hit Rate 85%
- COLGATE-PALMOLIV (CL)Target 1 80.66 (4.39%) Hit Rate 73%
- Exponent, Inc.(EXPO)Target 1 74.17 (4.15%) Hit Rate 72%
- STATE ST CORP (STT) Target 1 122.68 (4.62%) Hit Rate 72%
- Tarsus Pharmaceuticals, Inc (TARS) Target 1 60.89 (-10.57%) Hit Rate 75%
- ALCOA CORP (AA) Target 1 32.41 (-11.69%) Hit Rate 74%
- ZOOM VIDEO COM-A (ZM) Target 1 77.24 (-6.05%) Hit Rate 71%
- PRIVIA HEALTH GR (PRVA) Target 1 22.63 (-5.65%) Hit Rate 73%
- EVERGY INC (EVRG) Target 1 73.54(-2.68%) Hit Rate 61%
All the data driven signals above are generated on the medium term timeframe. Based on historical backtesting the average time to hit Target 1 is 20 days.
Market Movements
Major indices declined over the last trading day, with the Dow Jones down 0.8%, the S&P 500 falling 1.1%, and the Russell 2000 dropping 1.9%; the Cboe Volatility Index rose 8.3%, signaling heightened uncertainty, while week-to-date the S&P 500 is off 1.8%.
Top Gainers (1-Day)
| Brighthouse Financial Inc (BHF:XNGS) | +26.8% |
| Datadog Inc-A (DDOG:XNGS) | +23.1% |
| Coherent Corp (COHR:XNYS) | +18.3% |
Top Losers (1-Day)
| Marriott Vacations Worldwide Corp (VAC:XNYS) | -26.4% |
| Celsius Holdings Inc (CELH:XNCM) | -24.8% |
| CarMax Inc (KMX:XNYS) | -24.3% |
Quantmatix had short term positive signals in Brighthouse and Datadog going into earnings, while we had negative short term signals in Marriott, Celsius and Carmax. Coherent short term signal was negative going into the earnings which beat after a surprise. Signals ahead of earnings give an indication of positioning going into these binary events. Monitoring these signals can create opportunities and help manage risk. We will caveat though that this data is not forecasting the earnings outcome.
Mag 7
The Magnificent 7 exhibited divergence today, with Alphabet Inc-C (GOOG:XNGS) edging up 0.15%, while NVIDIA Corp (NVDA:XNGS) led declines at -3.7% amid Short-Term Reversal negative in Nvidia, Tesla, Apple & Alphabet and declining Qscores across the group. Week-to-date, Alphabet holds a slight +1.3% gain, but the cohort broadly weakened with NVIDIA down 7.1%, reflecting pressure from sector rotation and elevated valuations in technology. Overall, Mag 7 momentum appears to be fading as broader market caution weighs on high-growth leaders.
Quantmatix Success Stories
- QuidelOrtho Corp (QDEL:XNGS) achieved 21.2% gains after a Medium-Term Reversal negative signal on Friday, 31 Oct.
- Humana Inc (HUM:XNYS) posted 12.1% upside from a Short-Term Top Quantmatix negative signal on Thursday, 30 Oct.
Disclaimer: These insights are generated using AI and are provided for informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any security. The content may be incomplete or contain errors and should not be relied upon for investment decisions. Always consult a qualified financial adviser before making financial choices.