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Nearly 1.4 billion shares and $15.4 billion traded Friday in CNBC's Million Dollar Portfolio Challenge. The top currency trader has more than doubled his money making over $333,000 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:
The most profitable trades were in EUR/USD, EUR/JPY, and USD/JPY pairs as the dollar declined on financial concerns and a spike in crude oil prices on Friday
Contestants lost the most in USD/CHF, GBP/CHF and NZD/USD pairs
New Zealand Retail Sales are due out on Sunday, and they are expected to decline in May; only a very strong retail sales report could shift the Reserve Bank of New Zealand towards a rate cut this year. This report could have a bearish impact on the New Zealand dollar.
GBP/USD [$$USDNZD Loading... ()
] was the third most actively traded pair in the contest bringing one of our leaders almost $7,000 worth of profits in one day
Sirius Satellite Radio [SIRI Loading... ()
] maintains the top spot in the Widely Helds but has lost some ground falling to under 2.5B shares Ambac Financial maintains its top spot in the Actives as Financials continue their wild ride, trading almost 154M shares on Friday followed by another stalwart in the contest actives, Rite Aid [RAD Loading... ()
], at over 129M shares traded, with Freddie Mac [FRE
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()
] holding onto the third spot at almost 81M shares in the contest, and Fannie Mae [FNM
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()
] moving into fifth position with almost 55M shares traded.
Sample of Top Trades in the Leaderboard:
- APCO Argentina [APAGF
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()
] if you bought on Thursday before 4pET and held/sold on Friday, you made 9.21% -
Goodrich Petroleum [GDP
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()
] if you bought on Thursday before 4pET and held/sold on Friday, you made 8.96%
-
Ambac Financial [ABK
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()
] if you bought on Thursday before 4pET and held/sold on Friday, you made 6.88%
-
Petroquest Energy [PQ
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()
] if you bought on Thursday before 4pET and held/sold on Friday, you made 6.55%
Sample of Losing Trades from the Leaderboard: Dominated by Airlines & Financials
- UAL Corp
[UAUA
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()
] if you bought on Thursday before 4pET and held/sold on Friday, you lost -12.95% - Wachovia
[WB
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()
] if you bought on Thursday before 4pET and held/sold on Friday, you lost -12.11% - Rockwell Collins
[COL
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()
] if you bought on Thursday before 4pET and held/sold on Friday, you lost -8.36% Fastenal [FAST Loading... ()
] if you bought on Thursday before 4pET and held/sold on Friday, you lost -3.24%
Bets for today (July 14th):
Mosaic [MOS Loading... ()
]
CF Industries [CF Loading... ()
]
Patriot Coal [PCX Loading... ()
]
Alpha Natural Resources [ANR Loading... ()
] Chesapeake Energy [CHK Loading... ()
] US Airways [LCC Loading... ()
]Delta Air Lines [DAL Loading... ()
]Continental Airlines [CAL 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.
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