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.