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Current DateTime: 06:30:55 04 Sep 2008
LinksList Documentid: 23371764
    • Thailand's SET to Correct?

        Emerging markets investment guru Mark Mobius told CNBC's Asia Squawk Box that he's bullish on Thailand as an investment destination long term. But he's also looking for a 20% to 30% correction in the market. Let's see whether the charts agree.

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Nearly 2.0 billion shares and $28 billion traded on Friday in CNBC's Million Dollar Portfolio Challenge.  The top currency trader has doubled their money making over $116 thousand since currency trading opened.  Many of our overall and weekly leader contender have made more than $20 thousand dollars in currency trading which is helping keep them on the Leaderboard.  Check out Sue Herrera's currency tips here.

Contest Widely Helds and Actives:

  • Washington Mutual [WM  Loading...      ()   ] joined the contest Most Actives today trading over 29M contest shares after it fell almost 13% in the real market Friday on exposure to risky loan portfolios.

  • The most widely held stock today remains Sirius [SIRI  Loading...      ()   ], with over 1.85B shares held and 115M contest shares traded

  • EUR/USD [$$EURUSD  Loading...      ()   ] remains the most active currency pair as it rallied against the dollar last week on weak U.S. jobs report and European Central Bank President Trichet suggested that the bank could raise rates.

  • USD/CAD [$$USDCAD  Loading...      ()   ] made it into the top 5 currencies traded in the contest on Friday.

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

Sample of Top Trades in the Leaderboard: 

  • Rex Energy [REXX  Loading...      ()   ] if you bought on Thursday before 4pET and held/sold on Friday, you made 9.29%

  • Continental Resources [CLR  Loading...      ()   ] if you bought on Thursday before 4pET and held/sold on Friday, you made 6.72%

  • National Semiconductor [NSM  Loading...      ()   ] if you bought on Thursday before 4pET and held/sold on Friday, you made 4.77%

  • Arch Coal [ACI  Loading...      ()   ] if you bought on Thursday before 4pET and held/sold on Friday, you made 3.01%

Sample of Losing Trades from the Leaderboard: 

  • Medarex [MEDX  Loading...      ()   ] if you bought on Thursday before 4pET and held/sold on Thursday, you lost -5.05%

Bets for today (June 9th):

  • Apple Inc. [AAPL  Loading...      ()   ]

  • Exide Technologies [XIDE  Loading...      ()   ]

  • McAfee [MFE  Loading...      ()   ]

  • Potash [POT  Loading...      ()   ]

  • Goodrich Petroleum [GDP  Loading...      ()   ]

  • Gulfmark Offshore [GLF  Loading...      ()]

  • Denbury Resources [DNR  Loading...      ()   ]

  • Novagold Resources [NG  Loading...      ()   ]

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

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