• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Doug Kass
    • Bruce Kamich
    • Jim Cramer
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • Trifecta Stocks
  1. Home
  2. / Investing
  3. / Stocks

Big-Cap Bonanza

It's probably premature to say a major rotation is happening, but the action feels like safe-haven buying.
By JAMES "REV SHARK" DEPORRE
Jan 20, 2012 | 01:39 PM EST
Stocks quotes in this article: MSFT, IBM, INTC, HPQ, MCD, IWM, GLD, JAG, AUMN

What we have today is a rotation out of small-cap and speculative names and into conservative big-cap names. Microsoft (MSFT), IBM (IBM) and Intel (INTC) are the main beneficiaries due to their earnings reports, but also Wal-Mart (WMT), Hewlett-Packard (HPQ) and McDonald's (MCD) are seeing buying action.

The bears are hopeful that this is some option expiration game, but the action has the feel of safe-haven buying. That can make the indices look good while many smaller stocks struggle under the surface.

It is probably premature to conclude that a major rotation is taking place, but I'm inclined to be more defensive with small-caps and maybe a bit aggressive with a short of the iShares Russell 2000 (IWM) exchange-traded fund.

One sector catching my eye is gold. The SPDR Gold Trust (GLD) has been consolidating in a narrow range between the 50- and 200-day simple moving averages and seems to have support building after the recent bounce. I'm not seeing any compelling charts, but Jaguar Mining (JAG) and Golden Minerals (AUMN) are on my radar.

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

At the time of publication, Rev Shark was long JAG and AUMN, although positions may change at any time.

TAGS: Investing | U.S. Equity | Stocks

More from Stocks

SailPoint Technologies Rally May Pull Into Port for a Bit

Bruce Kamich
Mar 2, 2021 9:13 AM EST

The provider of identity management software recently is seeing more of a balance between buying and selling in its shares.

Martin Marietta Materials May Trade Sideways Before Renewed Gains

Bruce Kamich
Mar 2, 2021 8:32 AM EST

Two potential top reversal patterns on the weekly chart give us pause when it comes to buying the aggregates supplier's shares now.

Unconvincing Rally, U.S. Dollar, Friday's 800-Pound Gorilla, Playing Pepper

Stephen Guilfoyle
Mar 2, 2021 7:54 AM EST

Everything came up roses Monday -- except for what matters most, broad participation.

Jim Cramer: There's No Stopping the Electric Gold Rush

Jim Cramer
Mar 2, 2021 7:10 AM EST

You can't lip service electric vehicles anymore. Exxon's board moves indicate it knows its gasoline days are numbered.

Here's Why Qurate Is a First-Rate Investment

Paul Price
Mar 2, 2021 7:00 AM EST

QRTEA has blowout earnings and cheap valuation. What's not to love?

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

Email

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight

Already a Subscriber? Login

Columnist Conversation

  • 06:05 PM EST PAUL PRICE

    Michael's (MIK) Up on Takeover Rumors

    The NYT says talks are underway regarding a buyout...
  • 08:09 AM EST GARY BERMAN

    Monday Morning Fibocall for 3/1/2021

    Always a good idea to know where our bounce zones ...
  • 11:51 AM EST REAL MONEY

    Watch Bob Lang and Doug Kass Discuss Short-Selling!

    Bob Lang and Doug Kass with an engaging and educat...
  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2021 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login