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January 5, 2018

Top Longs Based on Momentum

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Top Shorts Based on Momentum

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MLIndexnameytd1monthFy1PE
STRQTC Index New York Stock Exchange (NYSE)STRATAQUANT TECHNOLOGY34.78-1.3217.4
FTSEIT Index FTSEFTSE ASX TECHNOLOGY INDX31.921.1219.3
MXEF Index MSCIMSCI EM30.030.9112.2
MIGUBTEC Index MSCIMSCI World Biotechnology USD16.832.64-

Commodities YTD Performance

1f40
NameUnitsKeyLastPriceCurrencyYTDChange USDpct1month
Palladium SpotUSD/t oz.Palladium1090.93USD60.207.93
Lumber (CME)USD/1000 board feetLumber450.30USD42.23-1.12
3Mo Aluminum (LME)USD/MT3Mo Aluminum2268.00USD33.968.36
Copper (Comex)USd/lb.Copper3.2725USD30.616.11
3Mo Zinc (LME)USD/MT3Mo Zinc3319.00USD28.844.50
Rough Rice (CBOT)USD/cwtRough Rice11.76USD25.712.80
NickelUSD/MTNickel12250USD22.260.00
Brent Crude (ICE)USD/bbl.Oil66.46USD16.974.20
Gold SpotUSD/t oz.Gold1311.80USD14.322.03
Feeder Cattle (CME)USd/lb.Feeder Cattle1.455USD11.54-7.82
Cotton #2 (ICE)USd/lb.Cotton0.7744USD9.6112.44
Lean Hogs (CME)USd/lb.Lean Hogs0.7132999999999999USD7.8312.90
Silver (Comex)USD/t oz.Silver17.18USD7.450.94
SteelUSD/MTSteel525USD6.060.57
Wheat (CBOT)USd/bu.Wheat4.4USD4.640.00
Platinum SpotUSD/t oz.Platinum939.25USD4.000.28
Live Cattle (CME)USd/lb.Live Cattle1.2275USD3.150.22
Oats (CBOT)USd/bu.Oats2.325USD1.750.00
Corn (CBOT)USd/bu.Corn3.575USD0.000.00
Canola (ICE)CAD/MTCanola490.40CAD-1.29-4.96
Soybean (CBOT)USd/bu.Soybean9.6575USD-4.620.00
3Mo Tin (LME)USD/MT3Mo Tin20025.00USD-5.213.09
Coffee 'C' (ICE)USd/lb.Coffee1.2965USD-5.402.57
Cocoa (ICE)USD/MTCocoa1933.00USD-9.08-11.53
Cocking CoalCNY/MTCocking Coal1040CNY-12.01-22.04
Ethanol (CBOT)USD/gal.Ethanol1.36USD-15.32-5.56
Natural Gas (Nymex)USD/MMBtuNatural Gas3.02USD 3e5 -18.90-5.92
Rubber (Tokyo)JPY/kgRubber207.00JPY-20.993.97
Sugar #11 (ICE)USd/lb.Sugar0.153USD-21.582.82
Orange Juice (ICE)USd/lb.Orange Juice1.3619999999999999USD-31.25-15.32

Country USD Yields Ordered By YTD Yield Chance

1f40
countryYieldYieldChange
Hong Kong65.3452.24
Venezuela52.6428.85
Israel5.281.09
Lebanon7.010.12
Finland2.810.09
Canada7.660.08
United States5.750.07
France6.320.04
Oman4.950.02
Qatar3.59-0.04
Korea (South)3.95-0.06
Bahrain5.71-0.08
China4.10-0.16
Slovak Republic2.44-0.29
Netherlands4.34-0.33
Philippines3.26-0.35
Pakistan5.56-0.35
Japan3.47-0.35
Thailand3.06-0.40
New Zealand5.06-0.41
Jordan5.77-0.48
South Africa4.98-0.49
Kuwait4.06-0.49
Germany3.78-0.56
United Kingdom4.81-0.57
Peru3.62-0.60
Lithuania2.42-0.60
Chile4.53-0.60
United Arab Emirates4.01-0.61
Guatemala4.22-0.67
Russian Federation3.89-0.68
Poland2.70-0.71
Ireland5.64-0.74
Malaysia3.45-0.76
Taiwan3.37-0.77
Morocco3.66-0.78
Trinidad and Tobago4.63-0.79
Hungary3.15-0.86
Panama3.80-0.86
Colombia4.32-0.86
Indonesia3.86-0.88
Romania3.30-0.89
Azerbaijan4.73-0.93
Mexico4.34-0.95
Brazil5.49-0.98
Paraguay5.12-0.98
Turkey5.03-1.03
India4.07-1.04
Tunisia5.84-1.05
Croatia (Hrvatska)3.16-1.07
Costa Rica5.91-1.07
Cote D'Ivoire (Ivory Coast)5.52-1.14
Uruguay3.68-1.17
Vietnam3.54-1.27
Serbia3.14-1.34
Luxembourg9.87-1.40
Dominican Republic4.79-1.51
Kazakhstan4.14-1.58
Gabon6.09-1.65
El Salvador6.24-1.66
Sri Lanka4.80-1.69
Egypt4.76-1.73
Italy4.05-1.73
Senegal3.87-1.84
Jamaica6.76-1.99
Nigeria5.09-2.00
Argentina5.74-2.14
Ukraine6.53-2.17
Kenya5.66-2.18
Ethiopia5.76-2.26
Ghana6.01-2.33
Zambia6.73-2.37
Ecuador6.10-2.52
Iraq6.53-2.72
Mongolia5.36-2.96
Angola6.95-3.17

Technology Regional Performance Last Month

b82
SubindustryEuropeEMUGEMWorld
Semiconductors & Semiconductor Equipment Industry Group1.031.031.292.18
Semiconductors & Semiconductor Equipment: Semiconductors & Semiconductor Equipment1.031.031.292.18
Software & Services: Internet Software & Services0.760.944.252.09
Technology Hardware & Equipment: Technology Hardware, Storage & Peripherals0.000.000.991.67
Technology Hardware & Equipment Industry Group0.420.411.471.35
Information Technology Sector0.320.452.541.26
Technology Hardware & Equipment: Communications Equipment0.790.702.591.17
Software & Services Industry Group-0.130.033.710.96
Technology Hardware & Equipment: Electronic Equipment & Instruments & Components-0.47-0.832.520.61
Software & Services: Software-0.43-0.310.300.60
Software & Services: IT Services0.260.500.340.24

Technology Regional Performance YTD

bb9
SubindustryEuropeEMUGEMWorld
Software & Services: Internet Software & Services34.6375.0698.1543.46
Technology Hardware & Equipment: Technology Hardware, Storage & Peripherals0.000.0051.5842.70
Semiconductors & Semiconductor Equipment Industry Group48.0348.0342.6641.35
Semiconductors & Semiconductor Equipment: Semiconductors & Semiconductor Equipment48.0348.0342.6641.35
Software & Services: Software26.6325.1590.5640.10
Information Technology Sector34.3135.1762.6138.52
Software & Services Industry Group34.4833.7383.9538.30
Technology Hardware & Equipment Industry Group10.191.3847.3537.04
Technology Hardware & Equipment: Electronic Equipment & Instruments & Components35.7231.1638.1434.85
Software & Services: IT Services51.5948.5618.7330.65
Technology Hardware & Equipment: Communications Equipment2.46-3.63107.7721.35

Technology Performance in Various Countries Last Month

85

Technology Valuation and Growth in Various Countries (Simple Averages)

a5c
CountryPEFy0PEFy12017Growth
SOUTH KOREA14.9111.5094.32
HONG KONG7.397.7527.21
UNITED STATES21.1018.7224.98
JAPAN14.1816.6024.84
GERMANY23.4222.8124.47
FRANCE16.0716.1324.39
CHINA15.0416.4924.07
BRAZIL21.9022.3323.94
SWEDEN24.6423.4517.89
TAIWAN12.5014.6017.26
NETHERLANDS30.8825.2014.39
SPAIN25.9723.3313.52
SWITZERLAND16.2617.2113.13
IRELAND19.5723.116.40
INDIA18.0415.775.48
1177
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    Valuation and Growth of Various Sectors in Technology

    35
    3f7
  • The Market Isn't Concerned About the Triple Whammy of Bad Tech ...
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  • Asian Equities Poised for Another Record Amid Technology Rebound
  • Tech stocks advance, keeping Hang Seng Index at 10-year highs
  • After Dow 25000, the Party Has to End. But When? 4
    3f5
  • Micron Technology (MU) a Strong Buy on Best-in-Class Earnings ...
  • Top-End Earnings Growth Makes Micron Technology (MU) a Strong ...
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  • Top-End Earnings Growth Makes Microsoft (MSFT) a Strong Buy
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    3cb
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    Link to Technology Macro Page 38

    Technology sector trades at 2017 simple average 13 PE Fy1 of 17.3 x a and 2018 13 PE Fy2 of 15.9 x 38

    Technology sector trades at 2017 simple average 17 EV/EBITDA of 10.6 x a and 2018 15 EV/EBITDA of 9.6 x 45

    In terms of Dividend yield Technology sector trades at 2017 12 Yield of 2.2 % a and 2018 1a Dividend Yield of 2.4 % 37

    On ROE basis Technology sector trades at 2017 11 ROE of 15.1 % a and 2018 10 ROE of 15.2 % 46

    Largest Companies in Technology by Market Capitalisation mn$

    1833
    TickerCompanyCountryIndustrySubIndustryMarketCapUSDmn
    AAPL USApple IncUNITED STATESTechnology Hardware & EquipmenTechnology Hardware, Storage &830878.6
    GOOG USAlphabet IncUNITED STATESSoftware & ServicesInternet Software & Services650501.1
    GOOGL USAlphabet IncUNITED STATESSoftware & ServicesInternet Software & Services650501.1
    MSFT USMicrosoft CorpUNITED STATESSoftware & ServicesSystems Software575203.6
    FB USFacebook IncUNITED STATESSoftware & ServicesInternet Software & Services502269.0
    BABA USAlibaba Group Holding LtdCHINASoftware & ServicesInternet Software & Services448995.9
    700 HKTencent Holdings LtdCHINASoftware & ServicesInternet Software & Services406153.0
    005930 KSSamsung Electronics Co LtdSOUTH KOREATechnology Hardware & EquipmenTechnology Hardware, Storage &285143.6
    V USVisa IncUNITED STATESSoftware & ServicesData Processing & Outsourced S242877.4
    ORCL USOracle CorpUNITED STATESSoftware & ServicesSystems Software218292.7
    2330 TTTaiwan Semiconductor Manufacturing Co LtdTAIWANSemiconductors & SemiconductorSemiconductors187901.3
    INTC USIntel CorpUNITED STATESSemiconductors & SemiconductorSemiconductors169586.9
    CSCO USCisco Systems IncUNITED STATESTechnology Hardware & EquipmenCommunications Equipment160492.9
    MA USMastercard IncUNITED STATESSoftware & ServicesData Processing & Outsourced S151662.7
    IBM USInternational Business Machines CorpUNITED STATESSoftware & ServicesIT Consulting & Other Services135839.6
    SAP GRSAP SEGERMANYSoftware & ServicesApplication Software135144.7
    NVDA USNVIDIA CorpUNITED STATESSemiconductors & SemiconductorSemiconductors101766.0
    AVGO USBroadcom LtdUNITED STATESSemiconductors & SemiconductorSemiconductors100828.0
    ACN USAccenture PLCIRELANDSoftware & ServicesIT Consulting & Other Services87964.4
    BIDU USBaidu IncCHINASoftware & ServicesInternet Software & Services82417.2
    63

    Number of Companies in Technology by Country by SubIndustry and Market Capitalisation mn$

    1449
    CountryIndustrySubIndustryNumber of companiesMarketCapUSDmn
    SOUTH KOREATechnology Hardware & EquipmenTechnology Hardware, Storage &2318339.8
    SOUTH KOREATechnology Hardware & EquipmenElectronic Components433833.8
    HONG KONGTechnology Hardware & EquipmenElectronic Components15905.3
    TAIWANTechnology Hardware & EquipmenTechnology Hardware, Storage &1560229.8
    TAIWANTechnology Hardware & EquipmenElectronic Components1055298.6
    TAIWANTechnology Hardware & EquipmenElectronic Manufacturing Servi166529.4
    TAIWANTechnology Hardware & EquipmenTechnology Distributors24314.2
    JAPANTechnology Hardware & EquipmenTechnology Hardware, Storage &373010.4
    JAPANTechnology Hardware & EquipmenElectronic Equipment & Instrum134281.2
    JAPANTechnology Hardware & EquipmenElectronic Components257152.6
    CHINATechnology Hardware & EquipmenCommunications Equipment115219.3
    CHINATechnology Hardware & EquipmenTechnology Hardware, Storage &16058.3
    UNITED STATESTechnology Hardware & EquipmenTechnology Hardware, Storage &6917881.2
    UNITED STATESTechnology Hardware & EquipmenElectronic Components251410.9
    UNITED STATESTechnology Hardware & EquipmenCommunications Equipment6220621.0
    SWEDENTechnology Hardware & EquipmenCommunications Equipment119427.2
    SWEDENTechnology Hardware & EquipmenElectronic Equipment & Instrum117750.0
    SWITZERLANDTechnology Hardware & EquipmenElectronic Manufacturing Servi128779.6
    UNITED STATESTechnology Hardware & EquipmenElectronic Equipment & Instrum110095.6
    SOUTH KOREASoftware & ServicesInternet Software & Services121282.3
    37

    Top Companies Technology by Dividend Yield

    738
    TickerCompanyCountryIndustrySubIndustryDividendYld_fy1
    2409 TTAU Optronics CorpTAIWANTechnology Hardware & EquipmenElectronic Components8.8
    STX USSeagate Technology PLCUNITED STATESTechnology Hardware & EquipmenTechnology Hardware, Storage &8.0
    2356 TTInventec CorpTAIWANTechnology Hardware & EquipmenTechnology Hardware, Storage &6.9
    3702 TTWPG Holdings LtdTAIWANTechnology Hardware & EquipmenTechnology Distributors6.6
    2301 TTLite-On Technology CorpTAIWANTechnology Hardware & EquipmenTechnology Hardware, Storage &6.5

    Cheapest Companies in Technology on FY1 PE

    73f
    TickerCompanyCountryIndustrySubIndustryPE_fy1
    3481 TTInnolux CorpTAIWANTechnology Hardware & EquipmenElectronic Components3.7
    2409 TTAU Optronics CorpTAIWANTechnology Hardware & EquipmenElectronic Components4.0
    000660 KSSK Hynix IncSOUTH KOREASemiconductors & SemiconductorSemiconductors5.3
    034220 KSLG Display Co LtdSOUTH KOREATechnology Hardware & EquipmenElectronic Components5.5
    3800 HKGCL-Poly Energy Holdings LtdHONG KONGSemiconductors & SemiconductorSemiconductor Equipment6.8


    Earnings Relises and Dividends

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