Style Shift | stockbee


Style Shift

Market at different times shifts between four predominant styles: large cap, small cap, value and growth. In recent times the large caps have been doing well. Even before the correction the Dow Jones was leading. There are numerous reason for such shifts and identifying such shifts early enough can offer a profitable edge.

In recent times market has been favoring large cap growth. Large cap stocks have been flying for sometime now. The move started many months back. The small caps are in dog house.

Here is a list of large cap stocks in top decile in terms of relative strength currently:

AAPL,Apple Inc (Google  Yahoo  Earnings  Chart
ABB,Abb Ltd (Google  Yahoo  Earnings  Chart
ABX,Barrick Gold Corp (Google  Yahoo  Earnings  Chart
ACGY,Acergy S.A. Ads (Google  Yahoo  Earnings  Chart
ACH,Aluminum Corp China (Google  Yahoo  Earnings  Chart
ACP,American Real Estate Prt (Google  Yahoo  Earnings  Chart
AEM,Agnico-Eagle Mines Ltd (Google  Yahoo  Earnings  Chart
AGU,Agrium Inc (Google  Yahoo  Earnings  Chart
AHO,Ahold N.V. (Google  Yahoo  Earnings  Chart
AL,Alcan Inc. (Google  Yahoo  Earnings  Chart
AMZN,Amazon.Com Inc (Google  Yahoo  Earnings  Chart
AV,Avaya Inc (Google  Yahoo  Earnings  Chart
AVT,Avnet Inc (Google  Yahoo  Earnings  Chart
BBL,BHP Billiton Plc Ads (Google  Yahoo  Earnings  Chart
BCE,Bce Inc (Google  Yahoo  Earnings  Chart
BG,Bunge Ltd (Google  Yahoo  Earnings  Chart
BHP,BHP Billiton Ltd (Google  Yahoo  Earnings  Chart
BIDU, Inc (Google  Yahoo  Earnings  Chart
BIIB,Biogen Idec Inc (Google  Yahoo  Earnings  Chart
BVN,Compania De Minas Buena (Google  Yahoo  Earnings  Chart
CAM,Cameron International Corp (Google  Yahoo  Earnings  Chart
CELG,Celgene Corp (Google  Yahoo  Earnings  Chart
CEO,CNOOC Ltd Adr (Google  Yahoo  Earnings  Chart
CGV,Cgg Veritas (Google  Yahoo  Earnings  Chart
CHL,China Mobile Ltd (Google  Yahoo  Earnings  Chart
CHU,China Unicom Ltd Ads (Google  Yahoo  Earnings  Chart
CMI,Cummins Inc (Google  Yahoo  Earnings  Chart
CNH,Cnh Global Nv (Google  Yahoo  Earnings  Chart
CNQ,Canadian Natural Res Ltd (Google  Yahoo  Earnings  Chart
COP,ConocoPhillips (Google  Yahoo  Earnings  Chart
CSCO,Cisco Systems Inc (Google  Yahoo  Earnings  Chart
CYTC,Cytyc Corporation (Google  Yahoo  Earnings  Chart
DADE,Dade Behring Holdings Inc (Google  Yahoo  Earnings  Chart
DE,Deere & Co (Google  Yahoo  Earnings  Chart
DISCA,Discovery Holding Co Class A (Google  Yahoo  Earnings  Chart
DNR,Denbury Resources Ltd (Google  Yahoo  Earnings  Chart
DO,Diamond Offshre Drilling (Google  Yahoo  Earnings  Chart
DVA,Davita Inc (Google  Yahoo  Earnings  Chart
EBAY,Ebay Inc (Google  Yahoo  Earnings  Chart
EMC,Emc Corp (Google  Yahoo  Earnings  Chart
ENR,Energizer Holdings (Google  Yahoo  Earnings  Chart
ESRX,Express Scripts Inc (Google  Yahoo  Earnings  Chart
EXPE,Expedia Inc (Google  Yahoo  Earnings  Chart
FCX,Freeport Mcmoran C&G B (Google  Yahoo  Earnings  Chart
FDG,Fording Canadian Coal Trust (Google  Yahoo  Earnings  Chart
FLR,Fluor Corp (New) (Google  Yahoo  Earnings  Chart
FSLR,First Solar Inc (Google  Yahoo  Earnings  Chart
FTI,Fmc Technologies (Google  Yahoo  Earnings  Chart
FWLT,Foster Wheeler Ltd (Google  Yahoo  Earnings  Chart
GME,Gamestop Corp (Google  Yahoo  Earnings  Chart
GR,Goodrich Corp (Google  Yahoo  Earnings  Chart
GRMN,Garmin Ltd (Google  Yahoo  Earnings  Chart
HDB,HDFC Bank Limited (Google  Yahoo  Earnings  Chart
HLT,Hilton Hotels Corp (Google  Yahoo  Earnings  Chart
HUN,Huntsman (Google  Yahoo  Earnings  Chart
ICE,Intercontinental Exchange Inc (Google  Yahoo  Earnings  Chart
INTC,Intel Corp (Google  Yahoo  Earnings  Chart
ISRG,Intuitive Surgical Inc (Google  Yahoo  Earnings  Chart
JEC,Jacobs Engineering Group (Google  Yahoo  Earnings  Chart
JNC,Nuveen Investments Inc Cl A (Google  Yahoo  Earnings  Chart
JNPR,Juniper Networks (Google  Yahoo  Earnings  Chart
KBR,KBR Inc. (Google  Yahoo  Earnings  Chart
LFC,China Life Insurance Company (Google  Yahoo  Earnings  Chart
LFL,Lan Chile Sa (Google  Yahoo  Earnings  Chart
LUK,Leucadia National Corp (Google  Yahoo  Earnings  Chart
LVS,Las Vegas Sands (Google  Yahoo  Earnings  Chart
LYO,Lyondell Chemical Co (Google  Yahoo  Earnings  Chart
MA,MasterCard Inc (Google  Yahoo  Earnings  Chart
MDR,Mcdermott Internat Inc (Google  Yahoo  Earnings  Chart
MGM,MGM MIRAGE Inc (Google  Yahoo  Earnings  Chart
MHS,Medco Health Solutions (Google  Yahoo  Earnings  Chart
MON,Monsanto Co (Google  Yahoo  Earnings  Chart
MOS,Mosaic Company (Google  Yahoo  Earnings  Chart
MT,Arcelor Mittal (Google  Yahoo  Earnings  Chart
MTL,Mechel Steel Group OAO ADS (Google  Yahoo  Earnings  Chart
NHY,Norsk Hydro As Adr (Google  Yahoo  Earnings  Chart
NOK,Nokia Corp Ads (Google  Yahoo  Earnings  Chart
NOV,National Oilwell Varco Inc (Google  Yahoo  Earnings  Chart
NVDA,NVIDIA Corporation (Google  Yahoo  Earnings  Chart
NVO,Novo Nordisk A/S (Google  Yahoo  Earnings  Chart
NVT,Navteq Corp (Google  Yahoo  Earnings  Chart
OI,Owens Illinois Inc (Google  Yahoo  Earnings  Chart
OXY,Occidental Petro Cp (Google  Yahoo  Earnings  Chart
PBR,Petroleo Brasileiro S.A. Petrobras ADS (Google  Yahoo  Earnings  Chart
PBR.A,Petroleo Brasileiro S.A. Petrobras ADS Class A (Google  Yahoo  Earnings  Chart
PCP,Precision Castparts Corp (Google  Yahoo  Earnings  Chart
PCU,Southern Copper Corp (Google  Yahoo  Earnings  Chart
PCZ,Petro-Canada (Google  Yahoo  Earnings  Chart
PKX,Posco (Google  Yahoo  Earnings  Chart
POT,Potash Cp Saskatchewan (Google  Yahoo  Earnings  Chart
RCI,Rogers Commun B Non-Votg (Google  Yahoo  Earnings  Chart
RIG,Transocean Inc (Google  Yahoo  Earnings  Chart
RIMM,Research In Motion Ltd (Google  Yahoo  Earnings  Chart
RIO,Companhia Vale Do Rio Doce (Google  Yahoo  Earnings  Chart
ROS,Rostelecom (Google  Yahoo  Earnings  Chart
RRI,Reliant Energy Inc (Google  Yahoo  Earnings  Chart
RTN,Raytheon Co (Google  Yahoo  Earnings  Chart
RTP,Rio Tinto Plc Adr (Google  Yahoo  Earnings  Chart
SAP,Sap Ag Ads (Google  Yahoo  Earnings  Chart
SBS,Companhia De Saneamento B (Google  Yahoo  Earnings  Chart
SID,Companhia Siderurgica Nacional S.A. (Google  Yahoo  Earnings  Chart
SII,Smith Internat Inc (Google  Yahoo  Earnings  Chart
SJR,Shaw Communications Cl B (Google  Yahoo  Earnings  Chart
SLB,Schlumberger Ltd (Google  Yahoo  Earnings  Chart
SPWR,SunPower Corp (Google  Yahoo  Earnings  Chart
SSL,Sasol Ltd Adr (Google  Yahoo  Earnings  Chart
STO,Statoil Asa (Google  Yahoo  Earnings  Chart
SU,Suncor Energy (Google  Yahoo  Earnings  Chart
TEF,Telefonica Sa (Google  Yahoo  Earnings  Chart
TKC,Turkcell Iletisim Hizmetleri ADS (Google  Yahoo  Earnings  Chart
TNE,Tele Norte Leste Partic (Google  Yahoo  Earnings  Chart
TSP,Telecom De Sao Paulo Sa (Google  Yahoo  Earnings  Chart
USM,U.S. Cellular Corp (Google  Yahoo  Earnings  Chart
VIP,Vimpel Communication Ads (Google  Yahoo  Earnings  Chart
VOD,Vodafone Group Plc (Google  Yahoo  Earnings  Chart
VRTX,Vertex Pharmaceuticals (Google  Yahoo  Earnings  Chart
WFT,Weatherford International Ltd (Google  Yahoo  Earnings  Chart
WYNN,Wynn Resorts Ltd (Google  Yahoo  Earnings  Chart
ZNH,China Southern Airlns Co (Google  Yahoo  Earnings  Chart

There are many reason for such a shift. The large caps have underperformed for some time so they are catching up. Most measures of valuation show under valuation for them. The weak dollar effect. Later stage of bull market favors large cap. Flight to safety and many other reasons. But currently large caps is where the mojo is.


Mkt swimmer said...

Take a peek on my Neopolean and China Syndrome stories.

Have fun,

Mkt Swimmer

The Crew said...


I made two donations, one of $20 and one of $30.

Thanks for allowing me access. Your work is fabulous.


Barbara said...

Is the $50 donation a one-time donation or is it a monthly donation? It is a reasonable method, in my opinion.

James said...

could you write a post explaining the reason behind the new member only area? Why do you need a donation? Isn't this like doing a paying newsletter like many are doing? (I remember that your were opposed to that before).

Pradeep Bonde said...

It is one time donation for yearly access.


Primarily for three reasons:

1 Some entities and individuals have offered incentive to take Market Monitor private and have exclusive access to the signal and analysis and further development of the timing model.

2 Voluntary efforts like EP list and Earnings list died natural death when the interest waned when I went to India. So many of the traders using that information requested for it and offered donations to continue those efforts.

3 To pay for hosting cost once I shift the data to hosted site from current arrangements.

James said...

Thank you but I'll pass for the moment. Market Monitor is not rocket science and it easy to replicate (I'm a programmer and I already have the data on my HD updated daily). I didn't do it before because your market monitor was convenient.

And for the Earnings list, I think that it is better that I do the research myself as it is a learning process and I don't want to rely too much on another person.

However, I'll be happy to continue reading your blog if it still remains open.

hector said...


Does previous' donations' count? I donated twice before in the last 2 months

Andy said...


Which Real Estate stock has the best chance of coming out of this turmoil intact? RYL? TOL? Maybe someone else?


Pradeep Bonde said...

Is it under R.. R... Or send me an email, and I will process the invite.

Probably MDC and DHI

Semsons said...

well, I guess it was nice while it lasted. I knew this o similar would happen sooner or later. It's sad but logic rules. Thanks for the long time you shared with us all your views.


Krisampath said...

Hi Pradeep!
It was not clear to me two days ago that you are creating a special members section that requires a donation of $ 50.00 Now you suddenly post this requirement and also do not accept any more members. Is it the way you want to treat your old faithful readers of your blog? Now I know that , I am willing to donate the $ 50.00 would you give me the opportunity to be a member?