Million Dollar Portfolio Challenge: Trades of the Day - CNBC By The Numbers

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Jun.30

10:37 AM ET

Monday, 30 Jun 2008

Million Dollar Portfolio Challenge: Trades of the Day

Posted By:Gina Francolla

Nearly 1.4 billion shares and $18 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. The top currency trader has more than doubled his money making over $219,000 since currency trading began. 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:

NZD/JPY [$$NZDJPY Loading... () ] and NZD/USD [$$EURJPY Loading... () ] entered the contest most active currencies displacing the AUD/JPY [$$AUDJPY Loading... () ] and EUR/GBP [$$EURGBP Loading... () ].

*The New Zealand dollar rallied Friday against most major currencies as its economic data showed that the New Zealand economy has contracted less than expected.
**The New Zealand Dollar and the Australian dollar often move in tandem, both are high yielding and bought by investors searching for higher returns.

EUR/USD [$$EURUSD Loading... () ] remains the most actively traded currency pair, and with the Euro-zone CPI coming in hotter than expected at a record 4%, the euro is moving off its lows against the US dollar. This news is firming up expectations that the European Central Bank (ECB) will raise rates on Thursday, a bullish signal for the euro.
RF Micro Devices [RFMD Loading... () ] climbed back into the Most Widely Helds pushing Yahoo [YHOO Loading... () ] out of the top 20 Friday.
Sirius Satellite Radio [SIRI Loading... () ] continues its stranglehold on the contest Widely Helds, but Rite Aid [RAD Loading... () ] was the most actively traded security in the contest on Friday.
*Rite Aid hit a 52-week low on Thursday, and investors were hoping for a bounce, which they got as RAD rebounded by 9.63% on Friday.
Industrials continue to represent 30% of the top widely helds followed by Financials at 25%.

Sample of Top Trades in the Leaderboard: Precious Metals and Mining companies dominate as gold rallies

Hecla Mining [HL Loading... () ] if you bought on Thursday before 4pET and held/sold on Friday, you made 10.71%
Gammon Gold [GRS Loading... () ] if you bought on Thursday before 4pET and held/sold on Friday, you made 7.30%
Pan American Silver [PAAS Loading... () ] if you bought on Thursday before 4pET and held/sold on Friday, you made 6.88%
Eldorado Gold [PAAS Loading... () ] if you bought on Thursday before 4pET and held/sold on Friday, you made 6.23%
Yamana Gold [AUY Loading... () ] if you bought on Thursday before 4pET and held/sold on Friday, you made 6.15%

Sample of Losing Trades from the Leaderboard:

James River Coal [JRCC Loading... () ] if you bought on Thursday before 4pET and held/sold on Friday, you lost -0.78%

Bets for today (June 30th): Dominated by Precious Metals and Mining

Agnico-Eagle Mines [AEM Loading... () ]
Kinross Gold [KGC Loading... () ]
Barrick Gold [ABX Loading... () ]
Yamana Gold [AUY Loading... () ]

It's not too late to get started. You can still get in the game to win the grand prize or one of these great weekly prizes.
Click here to play.

bythenumbers.cnbc.com

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