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Blue Chip Crashes the Top 10: November at TradeStation
David Russell
November 30, 2018

A new company just crashed its way into TradeStation’s monthly top 10: General Electric (GE).

GE was the sixth most active symbol for our clients in November, up from 13th in October and 20th in September. Its increased popularity came as slowing business, management turmoil and credit worries reduced the once-mighty blue chip into a speculative trading instrument. Click here for more on GE’s fall from grace.

Most of the other big names this month were familiar:

  1. Apple (AAPL): The smartphone giant moved up from second in October as a post-earnings selloff drove volumes.
  2. SPDR S&P 500 ETF (SPY): The market-tracking fund slipped from No. 1.
  3. Nvidia (NVDA): The chip company rose from the seventh last month.
  4. Amazon.com (AMZN): The e-commerce giant fell one notch.
  5. Netflix (NFLX): The streaming-video stock slid down from No. 4.
  6. General Electric (GE): The industrial giant entered the top 10 for the first time in at least a year.
  7. PowerShares QQQ Trust (QQQ): The Nasdaq-tracking fund slipped one spot from October.
  8. Advanced Micro Devices (AMD): The chip maker dropped three notches.
  9. Costco (COST): The discount retailer rose from 15th the previous month.
  10. iPath S&P 500 VIX (VXX): The volatility-tracking ETN moved down from the No. 8 spot.
Tags: AAPL | AMD | AMZN | COST | GE | NFLX | NVDA | QQQ | SPY | VXX

About the author

David Russell is Global Head of Market Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.