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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 1.5 billion shares and $24 billion traded on yesterday in CNBC's Million Dollar Portfolio Challenge.  The top currency trader has more than doubled his money making over $156 thousand since currency trading opened.  Many of our overall and weekly leader contender have made more than $40 thousand dollars in currency trading which is helping keep them on the Leaderboard.  Check out Sue Herrera's currency tips here and for daily currency updates, go to http://www.cnbc.com/id/22618039.

Contest Widely Helds and Actives:

  • Ford [F  Loading...      ()   ] Moved up in the ranks with over 340M shares held after Kirk Kerkorian's tender offer for 20 million Ford (F) shares

  • Washington Mutual [WM  Loading...      ()   ] traded over 54M shares today bouncing back after Monday’s 17% loss

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

Sample of Top Trades in the Leaderboard:  All about coal plays

  • Washington Mutual [WM  Loading...      ()   ] if you bought on Monday before 4pET and held/sold on Tuesday, you made 6.88%

  • Clayton Williams Energy [CWEI  Loading...      ()   ] if you bought on Monday before 4pET and held/sold on Tuesday, you made 4.87%

  • Pall Corp [PLL  Loading...      ()   ] if you bought on Monday before 4pET and held/sold on Tuesday, you made 4.77%

Sample of Losing Trades from the Leaderboard: 

  • Ambac Financial Group [ABK  Loading...      ()   ] if you bought on Monday before 4pET and held/sold on Tuesday, you lost -11.37%

  • Continental Resources [CLR  Loading...      ()   ] if you bought on Monday before 4pET and held/sold on Tuesday, you lost -6.28%

  • USEC Inc [USU  Loading...      ()   ] if you bought on Monday before 4pET and held/sold on Tuesday, you lost -6.03%

  • CONSOL Energy [CNX  Loading...      ()   ] if you bought on Monday before 4pET and held/sold on Tuesday, you lost -5.64%

Bets for today (June 11):

  • Korn Ferry (KFY)[KFY  Loading...      ()   ]

  • Rosetta Resources (ROSE)[ROSE  Loading...      ()   ]

  • Continental Resources (CLR)[CLR  Loading...      ()   ]

  • Alpha Natural Resources (ANR)[ANR  Loading...      ()   ]

  • Massey Energy (MEE)[MEE  Loading...      ()   ]

  • Patriot Coal (PCX)[PCX  Loading...      ()   ]

  • Quality Systems (QSII)[QSII  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.

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