CrowdThnk Blog

Stock market positioning liquidation

10 Largest Positioning Liquidations in the Stock Market - October 2018 Update

Knowing large positioning changes is very important in identifying the next trading opportunity, as some might be fundamental-driven and thus lasting longer while others might be tactical-driven and therefore short-lived. Following the recent stock market sell-off, our team took a look at the top 10 biggest positioning liquidations according to CrowdThnk’s consensus positioning measure.

 

1. DowDuPont (DWDP)   Very Overweight -> Very Underweight

DowDuPont’s stock price sold off for more than 14% this month, pushing its positioning from Very Overweight to Very Underweight based on CrowdThnk’s measure. Despite the recent liquidation, the forward outlook, especially in the near term, might be on the positive side. See DWDP’s future price move forecast.

 

2. Hewlett Packard (HPE)  Very Overweight -> Slightly Underweight

Recent sell-off of Hewlett Packard’s stock has made its positioning from Very Overweight to Slightly Underweight. However, as a great value stock, HPE has the potential to rally in the coming weeks. See HPE’s future price move forecast.

 

3. Comcast (CMCSA)  Very Overweight -> Slightly Underweight

Over the past weeks, Comcast’s stock price fell sharply, pushing its market positioning from Very Overweight to Slightly Underweight. What does that means to the future price move? See CMCSA’s future price move forecast.

 

4. PayPal (PYPL)  Very Overweight -> Slightly Underweight

Following other stocks in the market, PayPal’s stock price has dropped significantly over the past several weeks, making its market positioning from Very Overweight to Slightly Underweight based on CrowdThnk’s measure. Would PYPL’s price rally in the near future? Should investors buy the stock ahead of Q3 earnings? See PYPL’s future price move forecast.

 

5. Delta Air Lines (DAL)  Very Overweight -> Slightly Underweight

Delta’s stock price had been selling off before the earnings reported last Thursday, making its consensus market positioning go from Very Overweight to Slightly Underweight. Would the stock price continue to drop after earnings? What is the chance of rally in the coming weeks? See DAL’s future price move forecast.

 

6. Procter & Gamble (PG)  Very Overweight -> Slightly Underweight

Procter & Gamble has been a disappointment to shareholders for a while. Selling force has dragged its market positioning from Very Overweight to Slightly Underweight based on CrowdThnk’s measure. After its stock price down more than 8% this year, is there a chance for rally during the rest of the year? See PG’ future price move forecast.

 

7. IBM (IBM)  Very Overweight -> Slightly Underweight

Technology companies like IBM has been hit the most during this recent market rout. IBM’s sell-off has pushed its consensus positioning from Very Overweight to Slightly Underweight. Ahead of IBM’s third-quarter earnings, should investors buy the stock? Could IBM stock surge higher? See IBM’s future price move forecast.

 

8. Netflix (NFLX)  Very Overweight -> Slightly Underweight

Netflix’s stock price sunk over the past several weeks, dragging its market positioning from Very Overweight to Slightly Underweight based on CrowdThnk’s measure. Does the recent dip present a buying opportunity? Should investors buy Netflix stock before its Q3 earnings? See NFLX’s future price move forecast.

 

9. Amazon (AMZN)  Very Overweight -> Neutral

As a momentum-type stock, Amazon’s positioning has remained elevated for a long period of time. The recent price drop has made its consensus positioning go from Very Overweight to Neutral, according to CrowdThnk. As its fundamentals have improved significantly over the past few months, does this price drop present a buying opportunity for investors? See AMZN’s future price move forecast.

 

10. Qualcomm (QCOM)  Very Overweight -> Neutral

Along with other tech companies, QUALCOMM’s stock price experienced a big fall recently, pulling its positioning from Very Overweight to Neutral based on CrowdThnk’s measure. As sell-side analysts continue to hold a bullish view of Qualcomm stock, should investors buy the stock after the recent dip? See QCOM’s future price move forecast.

 

Here is a summary of stocks with largest positioning changes over the past month: