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Current DateTime: 01:57:27 23 Nov 2008
LinksList Documentid: 23371764
    • The Games Traders Play: Hide and Seek

        In the second of our four-part special on volume activity, Charting Asia takes a look at the trading game of Hide and Seek. This is when an investor tries to build a large position in a stock without causing the price to rise.

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Nearly 1.3 billion shares and $14 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  The top currency trader has more over $295,000 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:

  • Currency Traders have lost the most on shorting AUD/USD [$$AUDUSD  Loading...      ()   ], AUD/JPY [$$AUDJPY  Loading...      ()   ] as Australian dollar strengthen on positive job data, with employment rate falling to 4.2% from 4.3%.

  • Top currency trades are in EUR/USD [$$EURUSD  Loading...      ()   ] as it has been the preferred currency pair for contestant number three, which has been long on EUR/USD since July 3, and has made over $184,000 since the start of the contest. Federal Reserves' regulatory concerns over U.S. financial institutions compliment EUR/USD trades, as the Fed's commentary have a bearish impact on the dollar.

  • Ambac Financial [ABK  Loading...      ()   ] was the Most Active stock in the constest by far with 183 million shares traded, followed by Sirius Satellite Radio [SIRI  Loading...      ()   ] at over 88 million shares traded.

  • Sirius Satellite Radio [SIRI  Loading...      ()   ] continues to hold the top spot in the Widely Helds with a little under 2.5 billion held shares, and Evergreen Solar [ESLR  Loading...      ()   ] moved up one spot with about 320 million held shares over US Airways [LCC  Loading...      ()   ], and MBIA Inc.[MBI  Loading...      ()   ] finished second to last, with roughly 184 million held shares, pushing UAL Corp. [UAUA  Loading...      ()   ] one spot down.

  • Industrials continue to represent 30% of the top widely helds followed by Financials at 25%.

Sample of Top Trades in the Leaderboard:

  • Shaw Group   [SGR  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you made 9.9%
  • Alcoa [AA  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you made 9.7%
  • Petrohawk Energy [HK  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you made 8.7%
  • OSI Pharmaceuticals [OSIP  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you made 4.7%
  • XTO Energy[XTO  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you made 4.2%

Sample of Losing Trades from the Leaderboard:  Dominated by Airlines & Financials

  • FCStone Group [FCSX  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you lost -41%
  • Ambac Financial [ABK  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you lost -20.8%

  • AMR Corp. [AMR  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you lost -8.8%

  • US Airways [LCC  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you lost -7.3%

  • Marriott International [MAR  Loading...      ()   ] if you bought on Wednesday before 4pET and held/sold on Thursday, you lost -7.2%

Bets for today (July 11th):

  • Rockwell Collins [COL  Loading...      ()   ]
  • Fastenal [FAST  Loading...      ()   ]
  • Apple [AAPL  Loading...      ()   ]
  • EXCO Resources [XCO  Loading...      ()   ]
  • Comstock Resources [CRK  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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