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CNBC Million Dollar Portfolio Challenge - Monday, Week 7
[Scroll to the bottom for answers to today's Bonus Bucks trivia questions.]
Welcome to Week 7, another holiday shortened week that offers another chance to win tickets to the 2009 Pro Bowl in Hawaii. For what it's worth, this week's Pro Bowl package is significantly more valuable than last week's ($3,700 more, according to the official approximate retail prize values), given the different (and presumably swanker) accommodations.
Of course that means a heftier tax bill awaits this week's winner, despite the very similar prize (both packages are billed as the "Ultimate Hawaii Vacation" after all). But don't sweat it - next week's prize is yet another "ultimate" Pro Bowl package sporting the lower ARV.
It goes without saying that, while these vacation packages are surely quite lovely, we're not terribly interested in the weekly prizes themselves, but rather the accompanying bids to the final round of the Portfolio Challenge.
Last Friday, our group strategy participants split evenly between our ultrabull and ultrabear ETF baskets.
- Odd: URE, UWM, UYG, RFL (Financial/Real Estate Ultrabull)
- Even: SRS, TWM, SKF, RFN (Financial/Real Estate Ultrabear)
Check back this afternoon for today's reallocations.
Update: For some reason, the daily trivia page is only showing slots for the first three questions today (as if it were another early market closing day, which it isn't). Possibly just a glitch, but I'll keep you posted.
Update: The 12:00 question suddenly appeared (answer below), albeit somewhat late. Still no slots for the 2:00 or 3:00 questions, but perhaps they'll pop up too.
Update: Yep - glitch resolved, apparently.
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 7: Monday
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
Pre-game: CNBC Million Dollar Portfolio Challenge Is Back, Strategy Primer
Extra Stuff: The Biggest Loser, Interview With Bradford Pine
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Monday December 29th

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.
Daily Trivia:
Squawk Box: Question: According to Jon Najarian's Dec. 26 Stock Blog post, where did YRC Worldwide shares end in Wednesday trading?
Answer: both of the above
Squawk On the Street:
Question: In Larry Kudlow's blog post "We Need Rich People," what
natural calamity does he use to describe government spending?
Answer: avalanche
The Call: Question: According to the "Timeless and Time-Tested Warren Buffett Watch Predictions" what lesson do we "learn from history"?
Answer: that people dont learn from history
Power Lunch: Question: In her article "So You Think You Can Trade?" whom does Janice Dorn quote?
Answer: all of the above
Street Signs: Question: Who officially "arrived at the decision" to cancel Kuwait's $17 billion deal with Dow Chemical?
Answer: Supreme Petroleum Council
Closing Bell: Question: In the Dec. 26 "Fast Money" blog post entitled "So Bad It's Good?", how does Jeff Macke recommend playing Toyota?
Answer: long with a stop at $57
Weekly Quiz:
Question: NYSE tick indicator represents number of stocks with
Answer: last trade executed on uptick vs downtick
Handcrafted by Flip on December 29, 2008 |
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