US Daily Market Insight & Ideas
Swing Trading Ideas (1-4 Weeks)
- FACTSET RESEARCH (FDS) Target 1 286.99 (8.26%) Hit Rate 73%
- GRAPHIC PACKAGING (GPK)Target 1 17.57 (8.9%) Hit Rate 66%
- AMERICAN INTERNATIONAL GROUP (AIG)Target 1 81.46 (5.9%) Hit Rate 78%
- TRADEWEB MARKE-A (TW) Target 1 115.21 (5.2%) Hit Rate 74%
- DOLLAR GENERAL (UDR) Target 1 107.24 (6.8%) Hit Rate 69%
- Rezolute, Inc.(RZLT) Target 1 8.42 (-15.37%) Hit Rate 66%
- 4D MOLECULAR (FDMT) Target 1 8.14 (-19.96%) Hit Rate 75%
- RELAY THERAPEUTIC (RLAY) Target 1 5.32 (-13.8%) Hit Rate 75%
- REGENXBIO INC (RGNX) Target 1 9.5 (-13.82%) Hit Rate 74%
- Sono-Tek Corp (SOTK) Target 1 4.06 (-7.84%) Hit Rate 58%
Market Movements
Major indices posted solid gains today, with the S&P 500 up 1.5%, the Dow Jones advancing 0.8%, and the Russell 2000 rising 0.9%, while the Cboe Volatility Index declined 7.8%.
Top Gainers (1-Day)
| Doubleverify Hol (DV:XNYS) | +10.5% |
| MP Materials Corp. (MP:XNYS) | +9.5% |
| Palantir Techn-A (PLTR:XNYS) | +8.8% |
Top Losers (1-Day)
| Centene Corp (CNC:XNYS) | -8.8% |
| New Fortress Ene (NFE:XNGS) | -7.5% |
| Molina Healthcar (MOH:XNYS) | -7.3% |
Technology and materials led today’s gains, with several names extending strong momentum since last week’s close.
Mag 7
The Magnificent 7 showed resilience yesterday, led by NVIDIA Corp (NVDA:XNGS) up 5.8%, Alphabet Inc-C (GOOG:XNGS) gaining 3.9%, and Tesla Inc (TSLA:XNGS) rising 3.7%. Alphabet registered a Short-Term Top Quantmatix negative signal on 5th Nov and a Medium-Term Reversal negative signal last Friday, while Apple and NVIDIA show Short-Term Reversal negative signals earlier in the week. Overall, the data is showing Mag 7 momentum still deteriorating overall.
Quantmatix Success Stories
- Ubiquiti Inc (UI:XNYS) delivered 22.4% profit following a Short-Term Top Quantmatix negative signal on Thursday, 6 November,
- Hubspot Inc (HUBS:XNYS) achieved 16.9% gains after a Short-Term Top Quantmatix negative signal on Wednesday, 5 November.
- 10x Genomics I-A (TXG:XNGS) rose 12.0% post a Medium-Term Reversal positive signal on Friday, 7 November.
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.