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
23,433 Blog Posts

Large Cap Stocks Stuck in a Bear Market for 2017

The investment landscape has been moribund for the past month. Much of the Trump inspires gains have been ceded to the market forces — taking some names all the way down into bear market territory — down more than 20% for the year.

Here are some large cap names ($10b+) off by 20% of more for 2017.

$FNMA, $CVE, $LB, $TGT, $FMCKJ, $HPE and $HES.

And here are some that are approaching -20%.

$QCOM, $AV, $SNAP, $APA, $AAP.

When I reduced the market cap screen in Exodus to $5b-10b, here’s what stood out.

$UAA, $EBR, $EEP, $AYI, $SMI, $LULU, $CPG, $RRC, $KSS, $PRGO, $IEP and $M.

Clearly, the downside is emphasized on oil and gas and retail.

And here are the biggest losers with caps over $500m.

$WINS, $VSTO, $GRAM, $FMSA and $RAD.

If you’d like to check out the platform, now’s a good time to do it — as we’re running free trials until Jesus rises.

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5 comments

  1. mx2101

    Interesting post about large cap, thanks for sharing.

    Social comment- For much of the population “He is risen” may be the most nuanced grammar they see every year.

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  2. sarcrilege

    Better keep those stops tight…the orange war King is NOT in charge.

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  3. bushwacker2

    Sentiment is overly pessimistic for the market right now. Stocks are still in a solid uptrend and we have dubious options traders getting nervous about the market, expecting a big jump in volatility, essentially, immediately. I’m looking for stocks to rally and be resurrected this coming week in honor of our Lord, especially the semis and banks.

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  4. masteroneass

    Long Energy and Transportation (F/GM/TM) (Oil/Solar/Wind Whatever) and Retail (besides Internet webpages – believe it or not they actually require products to operate. Go figure. Long Blockchain / Biotech / Real Estate.

    Short All Communications / Computer / Social Media / Semiconductors

    At this point it just makes sense.

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  5. bushwacker2

    And now, for something completely different: MOAB

    https://www.facebook.com/GunGuardian1/videos/1935235793168647/

    After seeing that, how do you even confirm kills when they are incinerated?

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