CNBC Million Dollar Portfolio Challenge - Friday, Week 8
[Scroll to the bottom for answers to today's Bonus Bucks trivia questions.]
Today, our participating portfolios remain allocated to two leveraged ETF baskets and two sector-specific portfolios:
- URE, UWM, UYG, RFL (Financial/Real Estate Ultrabull)
- SRS, TWM, SKF, RFN (Financial/Real Estate Ultrabear)
- JAVA, HPQ, DELL, TECD (Computer hardware)
- APA, CHK, DVN, SWN (Oil operations)
Check back this afternoon for the first reallocation of Week 9.
I'm also delighted to report that in addition to our reader Bradford Pine (who's been a fixture on the overall leaderboard for weeks, including some time spent at #1), one of our multiple readers who've been lurking just beneath the leaderboard has just cracked the top 25. Jim (who finished #60 in the previous contest) is now enjoying a #24 rank and is within striking distance of a coveted top 10 finish.
(Sadly, the inestimably large Lewis family has seen some slippage from the leaderboard in recent days. At this point, only two members of the sprawling Effingham clan remain on the top traders roster.)
Also, in case you haven't heard, there are 5 days left of voting in the 2008 Weblog Awards. Many thanks to all of you who have voted for this site in the Best Business Blog category. Remember you can vote once every 24 hours and voting is now easier than ever via the embedded voting booth. You don't even need to leave this site to cast your vote; just click here and cast away!
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 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
Pre-game: CNBC Million Dollar Portfolio Challenge Is Back, Strategy Primer
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Friday January 9th
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.
While we're waiting for the next trivia question, a delightful way to pass the time is voting for Suitably Flip in the 2008 Weblog Awards.
Squawk Box: Question: In our slideshow, 25 Years of Tech Blunders, what "old economy" product is compared to the modern ones?
Answer: Ford Edsel
Squawk On the Street: Question: On Thursday, Jeffrey Saut of Raymond James said which companies are players in the water sector?
Answer: all of the above
The Call: Question: What phrase did Clem Chambers use in his prediction of Dow 11,000 on an "Obama Bounce"?
Answer: all of the above
Power Lunch: Question: In Cliff Mason's Jan. 8 blog post on job hunting, what cross-over Yiddish term did he use?
Street Signs: Question: In the story, "Sarkozy, Merkel, Blair Call for New Capitalism," what group did Germany's chancellor cite as a failure?
Answer: International Monetary Fund
Closing Bell: What was Jim Cramer's Top Five Dow Stocks pick for Tuesday
Answer: Verizon Communications
Question: The term MACD is shorthand for
Answer: Moving Average Convergence/ Divergence
Handcrafted by Flip on January 9, 2009 |
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