iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts

Mega Cap Carnage

Here is the most down list, year to date, for companies with caps above $50bill.

1 STD 73,402,680,000 -43.79
2 BP 116,337,809,114 -38.21
3 TEF 83,536,348,961 -32.21
4 TOT 106,273,587,543 -27.44
5 E 71,055,066,460 -26.27
6 BBD 55,615,850,340 -25.46
7 QCOM 57,909,258,901 -23.07
8 SNY 76,630,002,502 -22.88
9 GOOG 122,485,836,974 -21.81
10 PBR 158,185,636,026 -21.78
11 GSK 87,934,425,348 -18.68
12 BHP 166,873,946,239 -18.65
13 PFE 119,015,804,352 -18.28
14 GS 73,228,714,766 -18.02
15 HBC 157,718,353,291 -18.02
16 TMX 132,062,480,000 -17.46
17 MSFT 226,019,416,295 -16.99
18 TM 111,485,036,194 -16.88
19 STO 63,390,924,232 -15.64
20 WBK 53,642,857,685 -15.14
21 SLB 66,497,820,000 -14.06
22 VZ 76,915,389,638 -13.93
23 UN 82,125,602,256 -13.93
24 NVS 102,520,799,000 -13.62
25 ABT 71,822,082,195 -13.02

The Krullster on BP “oil spill”
[youtube:http://www.youtube.com/watch?v=wFE88ySdXvc&playnext_from=TL&videos=adruSZyfPro&feature=sub 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

52 comments

  1. Henry Fool

    Glad I aint a Mega capper

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    • Dirk Diggler

      Glad I don’t have stockholm syndrome.

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    • punyandy

      Let’s be reasonable, Henry. You get your ass kicked on small caps, too – mega caps are not the only ones getting beaten up lately. Your TIVO kerploomey and DVAX distaster, among plenty of others, could just as easily have been the BP oil crapola, minus the supposed “rationale” you provided via “I pound the table” graphics. No one with any semblance of credibility can act on your gambles, so don’t act like you bring the thunder around here. As far as I am concerned, you are a flash in the pan. Fly is here day in and day out.

      Not saying you don’t do well for yourself, but you don’t stay on the record like Le Fly. He brings it every damn day. You bring it selectively, drop off the regular roster of contributors when things turn south, then show up here periodically to link your free bullshit blog.

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      • Henry Fool

        How about I tell you to shove it!
        I get a Free PPT sub and only Le Fly can tell me to STFU!
        I supply free art to Le Fly. 50% of the Le Fly front page “iBankcoin art” are free creations, for Le Fly from me!
        I’m no flash in the pan I’m 40 years old and been very profitable for 7 years!

        I’m NO FLY, I know that, but I am more than most of you lemmings. I’m original, successful, and rely on NO ONE for my abilities!

        I’ll show as I please and Le fly can drop me anytime he wants to silence my “trivial blurts”!

        1) Were you ever offered a job as tabbed blogger on IBC?
        b: Are you on Le fly’s Blog Roll?
        2) Do you have your own Blog?
        3) Do you have any track record of success?
        4) You demean yourself with your name punyandy!

        Kindly STFU, HF

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  2. Bullish

    Wish i could read the list on my iphone. Either my iphone has dropped too many times (very possible)… Or this is not compatible

    Precisely why i am preordering Iphone 4 on June 15

    Fly, are u going to make any special enhancements with the new 4.0 platform?

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    • The Fly

      For my iphone crew

      1 STD 73,402,680,000 -43.79
      2 BP 116,337,809,114 -38.21
      3 TEF 83,536,348,961 -32.21
      4 TOT 106,273,587,543 -27.44
      5 E 71,055,066,460 -26.27
      6 BBD 55,615,850,340 -25.46
      7 QCOM 57,909,258,901 -23.07
      8 SNY 76,630,002,502 -22.88
      9 GOOG 122,485,836,974 -21.81
      10 PBR 158,185,636,026 -21.78
      11 GSK 87,934,425,348 -18.68
      12 BHP 166,873,946,239 -18.65
      13 PFE 119,015,804,352 -18.28
      14 GS 73,228,714,766 -18.02
      15 HBC 157,718,353,291 -18.02
      16 TMX 132,062,480,000 -17.46
      17 MSFT 226,019,416,295 -16.99
      18 TM 111,485,036,194 -16.88
      19 STO 63,390,924,232 -15.64
      20 WBK 53,642,857,685 -15.14
      21 SLB 66,497,820,000 -14.06
      22 VZ 76,915,389,638 -13.93
      23 UN 82,125,602,256 -13.93
      24 NVS 102,520,799,000 -13.62
      25 ABT 71,822,082,195 -13.02

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  3. Bullish

    That’s what I call service! Do i get two more wishes from the fly genie?
    2. I would like FAS to squeeze the living crap outta FAZ

    Thank you kindly… I will keep number 3 for a rainy day

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  4. Bullish

    Does this mean I don’t get the Iphone 4 enhancements?

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  5. Goldie

    Getting drunk in Dallas. Watching my lakers. Life doe not suck.. See y’all at spx 1020..

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  6. YaBollox

    How about the list for the next 6 months?

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  7. tradingnymph

    I want to write a blog tonight….I am taking request….what would like a blog on?….make it a challenge….but no politics, ain’t my thing…

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    • lindsay

      well, ok, I’ll just throw some ideas out– 1.more on fibonacci- how you use it 2.what your top tell stocks are, why, what you look for 3. 89 ma- why a favorite of yours, how/when you use it 4.anything you’d like to say about china and its future re the impact on US mkts or global 5.your favorite blogs and why 6. inverse etfs-if you use them and if so when, how 7.how a trading community (like PPT for example) can help the members grow in skills and performance/what makes a trading community grow in positive ways —- but really, all your blogs so far have been interesting– so if none of these are of interest to you then just write about whatever is on your mind tonight 🙂 thx nymph! lindsay

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      • tradingnymph

        Thank You for A GREAT LIST…you just gave me a great 2 week plan!!!! I’m sort of getting sleepy, I’ll do a piece on the 89MA tomorrow….thanks Lindsey.

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  8. Henry Fool

    Heres some names to look at at IMO. Some are pullbacks some strength etc.
    ENTR,FORD,HWD,HMY,JDSU,JOEZ,KERX,LYV,MAPP,NBIX,NKTR,RSH,VRSN

    Holding: IMAX, DVAX, PBTH

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  9. JakeGint

    Two small rockets to ride until the 4th of July.

    The next SLW and ANV?

    __________

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  10. tradingnymph

    Shanghai Comp is up…and yeah, the Export data that is due on Thrusday was leaked….Copper futures in Shanghai is down at this very second.

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    • tradingnymph

      Big rally off the “leaked” data….I have to remember next month that they ALWAYS seem to do this….Fly will be happy with his rally tomorrow.

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  11. omen

    Can’t wait to free up some coin to put it into BP 🙂

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    • tradingnymph

      of course watch the EIA/DOJ data tomorrow….OPEC data in a bit…and API data came out earlier.

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  12. Teahouse On The Tracks
    Teahouse On The Tracks

    OEW Outlook:

    Monday >

    “Now we are tracking the unfolding of Intermediate wave C. This should also be a five Minor wave sequence to the downside, and we still appear to be in the first Minor wave. Upon completion of the five waves down we should complete Intermediate wave C, Major wave C, and therefore the Primary wave II correction of this bull market. The low should likely occur at one of the two ranges we posted this weekend: the OEW 1007 to 1018 pivots, or the OEW 924 to 944 pivots. This low should also coincide with the regular 4-year presidential cycle low.”

    Tuesday >

    “Minor wave 1, of Intermediate wave C, may have concluded. Off that low we had a fairly good spike up to SPX 1058, then some choppy action, and then another spike higher to 1063. In the meantime, the RSI has been rising off the lows which is indicative of a countertrend rally. If Minor wave 1 has ended and Minor wave 2 is underway, we could get a rally back into the SPX 1070’s which would push the RSI to short term overbought. Then Minor wave 3, to the downside, would follow. To maintain this short term scenario the market needs to hold the OEW 1041 support pivot and clear the OEW 1058 pivot which it did today. The pattern can remain choppy since it’s likely to be corrective anyway.”

    Once we conclude Minor waves 2 thru 5 (2 more minor waves down) which I think will be the 1018 area then prepare for liftoff as Primary Wave3 rockets off the 4 Year Presidential Low to new highs in the most explosive of all bull waves … don’t be caught short and have your buy list prepared as Fly says for the best rally of this bull market yet.

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    • Actionable info?
      Actionable info?

      This should
      we still appear
      Upon completion we should
      should likely occur
      at one or
      should coincide

      may have
      If and , we could
      which would
      Then would follow.
      then
      needs to hold and clear
      The pattern can remain choppy
      it’s likely

      i have no idea how to trade this

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  13. xochi

    Krullster is RIGHT, there is no limit on the contents of the earth’s crust. You are now in the endgame. Do you really want to spend your last days on earth glued to a trading platform? Whatever.

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  14. xochi

    Also, not discussed in the media, the methane gas accompanying the fluid.. Do some research, educate yourself. This isn’t going away.

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  15. Satanfeller Luciforgan
    Satanfeller Luciforgan

    From Yahoo Finance a moment ago….

    “Futures Point to Higher Opening- AP
    Stock futures edged higher Wednesday following a rebound in European markets and before new reports that are expected to say the U.S. economy is showing some signs of improvement.”

    Woohooo!!!!! The economy is all better again. I must be such a worry-wart to think the economy was not going to rebound. Duh!

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  16. J

    CS is saying double dips are very rare. only two have happened in the past 50 odd years. I find that bullshit, but that’s what they’ saying.

    They think the economy has a decent head of steam

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    • nd4spdgt

      Wow, didn’t know that. Then again this isn’t your average market, right? Haven’t we seen all sorts of whacked out things in the past two years that the market hasn’t seen in 50~80+ yrs?

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    • Yogi & Boo Boo

      j – I think (technically) for a double dip you would need to have the NBER officially deem it a recession, then have a recovery, then a recession. http://www.nber.org/cycles.html

      I think in that case it would be rather rare, since their definition is several months of slowdown across the country. I think for our purposes, “double dip” would be a lot looser. ECRI seems to be anticipating a slowdown later in the year. Seems to me that would constitute a double dip for most people if that does come to pass.

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    • Po Pimp

      Let’s say an average full length cycle from bust to next bust is about 7 years. In 50 years we would have had 7 such cycles. 2 / 7 = 29%. Good odds it won’t happen, but far from being very rare.

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  17. mrkcbill

    Watching this tape..is like watching the oil spewing into Gulf.
    10k is the line in the sand….but don’t worry we are just dealing
    with disasters on Biblical scale. PE’s shrinking in 1/2 since
    last 10 years. Hey the same guys that value this shit always think
    its a BuyBuyBuy 25 pe 12 pe 6 pe…thats the game.
    Subprime contained….Sov.Debt contained…..BP ….contained buybuybuy..
    Unemployment improving look at the data look at the data look at the data.
    Spain 20% unemployment ..has defaulted 13 times in last 2 centuries.
    Common man is frozen in his tracks….cant speak to Tiffany Crowd.
    LEH cookies are in the air…big clown boots to fall….PPT is propping up
    the whole system..(laughable if we are in recovery that Earl is $70)
    Us Them and China…….owe a bank a million and they own you…owe a bank a billion
    and you own the bank. GLT
    Gimme sum dat …GLD…SLW….

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  18. sniper6

    To view a picture of the POTUS and R. Pelican kicking BP’s ass….

    http://bostonherald.com/business/general/view/20100609experts_gush_over_oil_crisis_after_obamas_gul_remarks_blame_to_go_around/srvc=home&position=4

    sans the top hat and cane

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  19. arch

    just to let you know ABK is or will file for bankruptcy if your long better get out…and me being here today has nothing to do with my girly friend being home today

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    • Po Pimp

      Some crazy shit with that one. Day of their last earning announcement they closed at 0.64. Three days later it get as high as 3.39. Now el busto. Nice swings over the last 2 months. Oh, and by the way it’s still above 0.64. How cool is that? No fuckery going on there.

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  20. lose weight

    Great site however you need to get rid of all your sites spam.

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