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Current DateTime: 01:00:19 05 Dec 2008
LinksList Documentid: 23371764
    • Yen Glows Amid Global Downturn

        The stampede out of equities has driven investors towards safe haven assets such as the Japanese yen -- a currency that has risen sharply as its appeal grows whenever risk appetite wanes. Just how much higher can it go against the U.S. dollar?

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Nearly 1.9 billion shares and $22 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Additionally, the top currency trader has made over $96 thousand since currency trading opened and yesterday, someone made $10K on a single currency bet.  Adding a few thousand dollars could make the difference in the contest leaderboard.  Check out Sue Herrera's currency tips here.

Contest Widely Helds:

  • FuelCell Energy [FCEL  Loading...      ()   ] joined the contest Most Actives in anticipation of its earnings report after the bell with 32M contest shares traded.

  • The most widely held stock today remains Sirius [SIRI  Loading...      ()   ], with over 1.8B shares held and 139M shares traded

  • Financials & Industrials each comprise 25% of the top widely helds

Sample of Top Trades in the Leaderboard: 

  • Bob Evans Farms [BOBE  Loading...      ()   ] if you bought on Tuesday before 4pET and held/sold on Wednesday, you made 17.19%

  • Guess [GES  Loading...      ()   ] if you bought on Tuesday before 4pET and held/sold on Wednesday, you made 13.84%

  • SAI [SAI  Loading...      ()   ] if you bought on Tuesday before 4pET and held/sold on Wednesday, you made 7.05%

  • UAL [UAUA  Loading...      ()   ] if you bought on Tuesday before 4pET and held/sold on Wednesday, you made 7.15%

  • Ivanhoe Energy [IVAN  Loading...      ()   ] if you bought on Tuesday before 4pET and held/sold on Wednesday, you made 2.80%

Sample of Losing Trades from the Leaderboard: 

  • Frontier Oil [FTO  Loading...      ()   ] if you bought on Tuesday before 4pET and held/sold on Wednesday, you lost -6.12%
  • Valero [VLO  Loading...      ()   ] if you bought on Tuesday before 4pET and held/sold on Wednesday, you lost -5.24%

  • James River Coal [JRCC  Loading...      ()   ] if you bought on Tuesday before 4pET and held/sold on Wednesday, you lost -3.92%

Bets being made for today (June 5):

  • Collective Brands [PSS  Loading...      ()   ]

  • Quicksilver [ZQK  Loading...      ()   ]

  • Ulta Salon [ULTA  Loading...      ()   ]

  • Comtech Telecom [CMTL  Loading...      ()   ]

  • JetBlue [JBLU  Loading...      ()   ]

  • US Airways [LCC  Loading...      ()   ]

  • Western Refining [WNR  Loading...      ()