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Million Dollar Portfolio Challenge:  Trades of the Day

Thursday, 22 May 2008 | 10:19 AM ET

Nearly 2.1 billion shares and $43 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...

AMR Corp. moved into the 19th spot in the most widely helds after falling more than 24% Wed on news of cutting capacity and charging passengers for checked bags due to high fuel costs. Yamana Gold took the 20th spot in the widely helds as gold prices have moved up over 7% this week. AMR and Yamana replaced Sprint and National City . in the top widely held list.

Financials still comprise 25% of the widely helds, but there is now a three-way tie for second with Consumer Discretionary, Industrials and Information Technology all comprising 15% of the top widely held stocks. The Financials are the worst performing sector in 2008 down over 15 % YTD.

Sample of Top Trades in the Leaderboard: Dominated by alternative energy and solar companies

  • LDK Solar, - If you bought on Tuesday before 4pET and held/sold on Wednesday, you made 7.77%.
  • Cheniere Energy - was held for a second day by many of our leaders and if you bought on Tuesday before 4pET and held/sold on Wednesday, you made 7.30%, but if you held since Monday, you made 13.15%.
  • Trico Marine Services - if you bought on Tuesday before 4pET and held/sold on Wednesday, you made 6.81%

Sample of Losing Trades from the Leaderboard:

  • Evergreen Solar if you bought on Tuesday before 4pET and held/sold on Wednesday, you lost -4.51%
  • USEC if you bought on bought on Tuesday before 4pET and held/sold on Wednesday, you lost -3.60%
  • Motorola if you bought on Tuesday before 4pET and held/sold on Wednesday, you lost -4.48%

Bets being made for today (May 22):

  • AMR

  • UAL Corp.

  • Barr Pharma

  • Hologic

  • FuelCell Energy

  • Sun Hydraulics Corp.

  • LDK Solar

  • Suntech Power

  • Solarfun

If you haven't registered yet, there are still great weekly prizes and it's not to late to go for the grand prize. Click here to play.

bythenumbers.cnbc.com

  Price   Change %Change
AAL
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YRI
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CQP
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FCEL
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HOLX
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LDKSY
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S
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SNHY
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SPLS
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USU
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