CNBC Million Dollar Portfolio Challenge - Monday, Week 9
[Scroll to the bottom for answers to today's Bonus Bucks trivia questions.]
Watch this space for today's updates, picks, and reallocation methodology.
Is today the day for our lowly airline basket to, ahem, soar? In pre-market trading, oil fell below $141 per barrel (from Thursday's close of $145.29), pushing our all-airline allocation up nearly 8%...
Update: As for today's reallocation, we've got two eligible earnings reporters (Helen of Troy and Pepsi Bottling Group). For our purposes, I like them both. But I like HELE a little better, so it's going to be a bit better represented in this set of subgroups.
Let's reallocate according to the last digit of your phone number, as follows:
- 1-2: UAUA, AMR, CAL, DAL
- 3-4: HELE, AMR, CAL, DAL
- 5-6: HELE, PBG, CAL, DAL
- 7-8: GMXR, CHK, CLR, GDP
- 9-0: HELE , PBG, CLR, GDP
Important: If you're using more than one portfolio for this project, kindly allocate the first portfolio according to the surname initial scheme, the next portfolio to the allocation directly beneath it, and so on, until you've reallocated all participating portfolios.
For example: If your phone number ends in 7, and you're using 3 portfolios, your allocations would be:
In all cases, each position should be set at 25%. Don't forget to enter your trades by 4 pm ET.
Consider all of the above to be for entertainment purposes and not meant to be used as real-world investment recommendations. The goals and strategies of the Portfolio Challenge are not to be confused with those of sensible investing.
See all related posts in the CNBC Portfolio Challenge archive:
Week 9: Monday
Week 8: Monday, Tuesday, Wednesday, Thursday, Friday
Week 7: Monday, Tuesday, Wednesday, Thursday, Friday
Week 6: Monday, Tuesday, Wednesday, Thursday, Friday
Week 5: Monday, Tuesday, Wednesday, Thursday, Friday
Week 4: Monday, Tuesday, Wednesday, Thursday, Friday
Week 3: Monday, Tuesday, Wednesday, Thursday, Friday
Week 2: Monday, Tuesday, Wednesday, Thursday, Friday
Week 1: Monday, Tuesday, Wednesday, Thursday, Friday
Week 0: Pre-game
- A New Fly In the Ointment
- Currency Trading Resumes
- More Technical Difficulties
- Prize Poll
- The Airing Of Grievances
- Technical Difficulties, Orders Cancelled
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Monday July 7th
Throughout the contest, each day's answers will be at the top of the CNBC Portfolio Challenge archive as soon as the questions are published, so bookmark accordingly.
Squawk Box: "Question: In the Energy Source blog, what did ex-CIA agent Robert Baer say about Exxon and Chevron vis-a-vis Iraqi oil?"
Answer: They won't get major fields
Squawk On the Street: "Question: According to the feature, "Failed Merger Roundup," which would-be acquiror(s) pulled the plug on a deal with PHH Corp.?"
Answer: GE Capital Solutions
The Call: "Question: In Carmen Wong Ulrich's blog post on wages, what wildlife phrase does she use for wrangling with debt?"
Answer: A bunch of crazy salmon
Power Lunch: "Question: In the story "Earnings Season Kicks Off with Little Hope Ahead" who sees "panic selling...more likely than panic-buying"?"
Answer: Matthew Tuttle
Street Signs: "Question: In the Stop Trading! blog post "Big Money Makes Its Move" which sector/idea does Jim Cramer call "horrible"?"
Closing Bell: "Question: In the CNBC Stock Blog post "Top Food Stock Picks for Lean Times", what ingestible image is displayed on the page?"
Answer: Beer being poured
Weekly Bonus Quiz
Question: "Traders break patterns into two types; continuation and _______."
Handcrafted by Flip on July 7, 2008 |
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