The Worst Dow Stocks Of 2018

I’m sure most of you saw this tweet floating around today highlighting the worst Dow stocks of 2018. For those of you who missed it, check it out below (Hat tip to suriNotes, go follow him):

The ten WORST Dow stocks of 2018 ?

General Electric $GE -20%
Chevron $CVX -12%
Proctor & Gamble $PG -11%
Verizon $VZ -10%
Exxon $XOM -9%
McDonald's $MCD -6%
Walmart $WMT -6%
Johnson & Johnson $JNJ -5%
Disney $DIS -4%
Coca-Cola $KO -3%https://t.co/Fu32IobFZN

— StockTwits (@StockTwits) February 26, 2018

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We joke inside our trading room that $GE has HIV, but at one point early this morning the company looked like it had full blown Aids. What’s impressive was the intraday turn around in $GE, just as we were getting near “peak” trash talking for $GE.

The stock is actually giving you an easy to manage trade here, with a stop just under $14. Hammer once again on support, support which dates back nearly 10 years.

All bets off the table under today’s low, 13.95. Let’s see if she can work off some of this 20% decline in 2018.

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It pleases me to see $NXTD on top of the runner screen this morning, as many of us own the name inside our Exodus trading room. The steel plays are also jumping early this week, and look ripe for continuation should early strength hold: $X $AKS. Even the $FIT is trying to lace up its running shoes.

Here’s a glance at today’s full list of runners: CLICK HERE FOR CHARTS

Oh, and the 2018 Bracket has begun! TOURNAMENT LINK

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The 11th annual Stock Madness Tournament begins tomorrow. For those of you who were lucky enough to get a spot, check out your matchup HERE.

A few of you guys picked stocks under $10, which is why you may see your name missing from the contest. Let me know if you see any errors in the bracket, or if you see any duplicate picks. Again, CLICK HERE FOR BRACKET

Let the games begin!

Oh, and the futures seem to be slipping a bit here. Let’s see if anything develops. See you guys at the open.

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It’s that time of year again. It’s time for the 11th annual March Madness Stock Tournament. This is probably my favorite contest of the year; I love seeing how the brackets play out each and every single year.

What an honor it is to land on the Hall of Fame list below. Here were the last 10 winners over the last decade here at iBC:

2008 – The Fly

2009 – Wabisabi

2010 – SC

2011 – Chivo

2012 – Zephler

2013 – Rhino

2014 – Adam 

2015 – Andy Swan

2016 – PB

2017  – KY Trader

2018 – …

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The 2018 Games begin today. Registration is now open! To enter this tournament, the rules are very simple:

• Place your stock pick in the comment section
• No duplicate picks (time stamp wins out so make sure to do some due diligence in the comment section, or you may lose your spot).
• NO ETFs
• And, stocks must be over $10

The tournament will begin this upcoming Monday, with Friday’s closing price as your starting point.

The tournament will run for six weeks: head to head with a new opponent each week.

The winning percentage for that week will advance to the next round.

Scores will reset each week to make a level playing field.

I’ll be going with $CTL in the southern bracket. The winner will get an official iBC coffee mug. You may now place your picks in the comment section, only 64 slots available.

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I will be setting up our annual March Madness Stock tournament tomorrow, so get your stock picks ready. Here was the final bracket from last year: CLICK HERE

The official entry post is coming tomorrow. Wait for it….

Below is a look at the past 10 winners, over the last decade. We call this the “iBC Hall of Fame”:

2008 – The Fly

2009 – Wabisabi

2010 – SC

2011 – Chivo

2012 – Zephler

2013 – Rhino

2014 – Adam 

2015 – Andy Swan

2016 – PB

2017  -KY Trader

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Entries begin tomorrow. Wait for post…

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The bulls are doing a great job today protecting a further sell-off after yesterday’s close started to slip away. I went ahead a ran my old favorite runner screen inside Exodus to spot a few plays, here is what I have for you this afternoon.

The following names are up over 2% on the day, and have a heavy short percentage. On further strength, here are the stocks I like for quick trades:

For those interested in the full screen: (CLICK HERE)

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