Monday, October 1, 2012

Mega Cap Power Rankings Week Ending 9/30/12

A crazy, upside down week for the largest of the big caps.  Everyone's favorite tech stocks took it on the chin from September 24 to 28, 2012.

10.  Apple (AAPL) - Yes, it's wonderful, unstoppable, unless it shoots itself in the foot.  A drop of 4.7% this week.  It couldn't find its way through its own map crisis.

9.  Microsoft (MSFT) 4.6% drop.  Hmmm.  Very close to Apple.  You wouldn't think these would trade in tandem now.  Look for a nice rebound in Mr. Softie if Apple recovers.

8. Royal Dutch Shell (RDS-A) - Down 3.0%.  Another bad week for the Dutch.  No power here.

7.  Petro China (PTR) - More worries for the oil sector, even from the Far East.  Down 1.5%.

6. Chevron (CVX )   Seems to be theme.  Down 1.1%.  I see little reason that this is going to turn around suddenly.

5.  WalMart (WMT) - A down week for the overall market makes it's retail leader fall 0.5%.  Steady and stable, a good long term play, you shouldn't worry about a one week move.

4. ExxonMobil (XOM) - Once again the best of a bad neighborhood.  Down 0.5%,  Worry that one is going to catch up to the rest of the group.

3. China Mobile (CHL) - Up slightly at 0.6%,  Still running strong. Very little not to like here, unless the whole of China crashes, instead of just real estate and materials.

2. IBM (IBM) - weathered the tech storm nicely with a gain of 0.7%. Gained ground on Apple and Microsoft.  They are really two different business models now.  IBM more consistent and stable, a better long term holding. You don't have to be as concerned about picking a great entry point.

1. General Electric (GE) - A nice 0.8% return on a tough week.  Number one two weeks in a row.  It's been down so long it looks up.  

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