Quantmatix Daily Market Insights
04 November 2025, 22:35 GMT
Focus: North America
Good evening. North American markets faced pressure amid sector rotation and mixed economic data, with technology and consumer discretionary stocks leading declines. This backdrop highlights strength in select healthcare and financial names, aligning with our Quantmatix signals for Abbott Labs and Marsh & McLennan. As momentum indicators show building tailwinds in utilities and industrials, today's analysis points to emerging setups for the week ahead.
Top Ideas and Insights
- Reliance Steel (RS:XNYS) | MT-Qscore: 7.1? registered a high-conviction Medium-Term Top Quantmatix positive signal last week, targeting +5.2% upside (58% probability), with positive momentum indicating strength in materials.
- Qiagen NV (QGEN:XNYS) | MT-Qscore: 6.8? generated a Medium-Term Top Quantmatix positive signal, signaling tailwinds in healthcare biotech amid advancing Medium-Term Qscore.
- XPO Inc (XPO:XNYS) | MT-Qscore: 5.4? showed both Short-Term and Medium-Term Reversal positive signals on Tuesday, 4 Nov, with momentum building steadily for industrials.
- UnitedHealth Group Incorporated (UNH:XNYS) | MT-Qscore: 8.3? faced a high-conviction Medium-Term Top Quantmatix negative signal on Thursday, 30 Oct, targeting -4.1% downside (55% probability), reflecting headwinds in healthcare.
- Healthpeak Properties (PEAK:XNYS) | MT-Qscore: 7.1? registered a Medium-Term Reversal negative signal on Friday, 31 Oct, with declining Medium-Term Qscore pointing to pressure in real estate.
- Abbott Labs (ABT:XNYS) | MT-Qscore: -2.7? produced a Short-Term Reversal positive signal on Tuesday, 4 Nov, targeting +3.8% upside (52% probability), as Short-Term Qscore advances steadily.
- IDEXX Labs (IDXX:XNGS) | MT-Qscore: 4.3? generated a Short-Term Reversal positive signal today, with both Qscores advancing to support healthcare leadership.
- Marvell Technology (MRVL:XNGS) is advancing strongly on Short-Term Qscore, paired with a positive Medium-Term Qscore, suggesting positive momentum in technology semiconductors.
- Gen Digital (GEN:XNGS) is declining sharply on Short-Term Qscore with a negative Medium-Term Qscore, indicating weakness in software.
Leadership is concentrating in healthcare and industrials positive signals, while short pressure builds in real estate and consumer discretionary.
Market Movements
Major indices declined over the last trading day, with the S&P 500 down 1.2%, Dow Jones off 0.5%, Russell 2000 falling 1.8%, and the VIX rising 10.7%; week-to-date, the S&P 500 and Dow Jones each slipped 1.0%, Russell 2000 dropped 2.1%, and VIX climbed 8.9%.
Top Gainers (1-Day)
| Inspire Medical (INSP:XNYS) | 15.3% |
| New Fortress Energy (NFE:XNGS) | 14.4% |
| Wingstop Inc (WING:XNGS) | 10.9% |
| Expeditors Intl (EXPD:XNGS) | 10.8% |
| Henry Schein Inc (HSIC:XNGS) | 10.8% |
Top Losers (1-Day)
| Norwegian Cruise (NCLH:XNYS) | -15.3% |
| Zoetis Inc (ZTS:XNYS) | -13.8% |
| Lattice Semiconductor (LSCC:XNGS) | -13.2% |
| Agilon Health (AGL:XNYS) | -10.6% |
| UiPath Inc (PATH:XNYS) | -10.1% |
Top Gainers (WTD)
| Inspire Medical (INSP:XNYS) | 17.9% |
| IDEXX Labs (IDXX:XNGS) | 14.7% |
| Freshpet Inc (FRPT:XNMS) | 13.9% |
| Henry Schein Inc (HSIC:XNGS) | 13.3% |
| Expeditors Intl (EXPD:XNGS) | 11.4% |
Top Losers (WTD)
| QuantumScape (QS:XNYS) | -16.3% |
| Norwegian Cruise (NCLH:XNYS) | -16.2% |
| Kimberly-Clark (KMB:XNYS) | -15.9% |
| Cleveland-Cliffs (CLF:XNYS) | -14.1% |
| Zoetis Inc (ZTS:XNYS) | -13.6% |
Healthcare and industrials showed strength among gainers, while consumer discretionary and materials faced notable volatility on the short side.
Mag 7
The Magnificent 7 exhibited mixed performance amid ongoing sector rotation toward value stocks and anticipation of tech earnings; Apple edged up 0.4% on the day, while Tesla dropped 5.2%, NVIDIA fell 4.0%, Alphabet declined 2.1%, Amazon slipped 1.8%, and Meta eased 1.6%. Week-to-date, Amazon led with a 2.1% gain, but Meta lost 3.2%, Tesla 2.7%, NVIDIA 1.9%, Alphabet 1.3%, and Microsoft 0.7%. NVIDIA generated a Medium-Term Reversal positive signal, contrasting short-term pressure, while Tesla showed balanced signals; overall, Mag 7 momentum is fading amid broader tech weakness.
Quantmatix Success Stories
- DuPont de Nemours (DD:XNYS) delivered 53.7% profit from a Short-Term Top Quantmatix negative signal on Thursday, 30 Oct, showcasing Quantmatix' predictive power in chemicals.
- Integra Lifesciences (IART:XNGS) captured 27.4% from a Short-Term Top Quantmatix negative signal on Tuesday, 28 Oct, as our high-conviction call anticipated the decline in healthcare devices.
- Vontier Corp (VNT:XNYS) yielded 12.0% profit following a Short-Term Top Quantmatix negative signal on Wednesday, 29 Oct, proving spot-on for industrials.
With healthcare and industrials signals pointing to continued rotation, investors should monitor upcoming CPI data and jobs report for macro influences, alongside guidance from Abbott Labs and UnitedHealth. Sector trends in real estate and materials may drive further short pressure. We’ll continue to track how these setups evolve in the week ahead.
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.