May 2008 Archives

Squawk Box

Question: On Wednesday, Cramer revealed his Wind Index. Which "Windex" stock was NOT one of his previous calls?

Answer: Ameron

Squawk on the Street

Question: In the slideshow 10 Most Expensive States to Buy Gasoline, which state was No. 3?

Answer: New York

The Call

Question: On May 21, Lee Klaskow described his "holy trinity" of rail freight. Which company was closest to his model?

Answer: Burlington Northern

Power Lunch

Question: CNBC Stock Blog: How did BlackRock's Bob Doll view a possible InBev-Anheuser deal?

Answer: it's the correct trend

Street Signs

Question: "Behind the Wheel" blogger Phil LeBeau is optimistic about the auto industry! Why?

Answer: alternative-fueled cars

Closing Bell

Question: Duke Energy CEO Jim Rogers sees an "ominous sign" in his customers' behavior. What sign?

Answer: delaying bill payment

Weekly Quiz

Question: An investor's _ size is the dollar value being invested into a particular security.

Answer: Position

Squawk Box

Question: In "The Steady Rise of Oil" (April 18) what transportation metaphor did Sri Jegarajah use?

Answer: garage the station wagon

Squawk on the Street

Question: In "Housing Issues Scarier Than High Oil Prices" Wilbur Ross said how many U.S. public firms are run badly?

Answer: 1%

The Call

Question: On Tuesday's Mad Money show, which Cold War phrase did Cramer reference?

Answer: Warsaw Pact

Power Lunch

Question: In "(Oil) Drilling For a Better Portfolio" how did Gerald Jordan describe Weatherford Intl.?

Answer: sort of mini-Schlumberger

Street Signs

Question: How did Sports Biz blogger Darren Rovell feel upon learning tennis star Ashley Harkleroad posed for Playboy?

Answer: sorrowful

Closing Bell

Question: CNBC Stock Blog: On May 20, which bank did Jeffery Harte say had the best management team?

Answer: JPMorgan

Weekly Quiz

Question: An investor's _ size is the dollar value being invested into a particular security.

Answer: Position

Squawk Box

Question: In the last paragraph of "Stocks Don't Like Obama" Larry Kudlow concludes that:

Answer: McCain can still win

Squawk on the Street

Question: In "Emerging Money: Up For '08" how many of Tim Seymour's trades were part of the Emerging Money Top 20 list?

Answer: Three

The Call

Question: CNBC Guest Blog: In "Calling Out The Confidence Game" what ancient pseudo-science did Jerry Bowyer refer to?

Answer: phrenology

Power Lunch

Question: In a May 27 CNBC Stock Blog, how did Dan Genter describe corporate dividends?

Answer: weapon of choice

Street Signs

Question: On May 27, what small- and mid-cap businesses did "market pro" David Twibell praise?

Answer: regional & community banks

Closing Bell

Question: In May 27's Lightning Round, what energy play did Cramer recommend?

Answer: Frontline

Weekly Quiz

Question: An investor's _ size is the dollar value being invested into a particular security.

Answer: Position

Squawk Box

Question: Realty Check: Who sparked Countrywide CEO Mozilo's "disgusting" e-mail reply?

Answer: customer Daniel Bailey Jr.

Squawk on the Street

Question: The other black gold: On May 22, super-trader Jon Najarian said coal is up more than oil. He recommended buying:

Answer: Consol Energy

The Call

Question: In his June investment outlook, Pimco's Bill Gross warned that U.S. inflation statistics were:

Answer: "not reflecting reality"

Power Lunch

Question: In "$135: The Biggest Loser" the Fast Money team warned of companies hurt by oil prices. Which stock did they PAN?

Answer: PetroChina

Street Signs

Question: On May 9, Jim Cramer assailed AIG -- and its CEO Martin Sullivan. What did the Mad Money guru call the company?

Answer: moronic

Closing Bell

Question: Web Extra: On May 23, what natural-gas equipment stock did Shawn Reynolds exclusively pick for CNBC.com readers?

Answer: Exterran

Weekly Quiz

Question: An investor's _ size is the dollar value being invested into a particular security.

Answer: Position

Squawk Box

Question: Question: Fast Money talked oil plays in the article, "At $133 Who Wins?" What was Guy Adami's trade?

Answer: get long oil services

Squawk on the Street

Question: Market Insider: How did Birinyi's Jeff Rubin rate Boone Pickens' forecasting?

Answer: insight most investors lack

The Call

Question: According to "SUVs And What They're Worth," first-quarter new SUV sales:

Answer: plunged 23%

Power Lunch

Question: CNBC Stock Blog: In "Restaurant Stocks: Feast and Famine" which firm was praised for sales "actually doing the best"?

Answer: Red Robin Gourmet Burgers

Street Signs

Question: The Best Premium Liquor Brands slideshow praises Moet & Hennessey's 10 Cane rum. What gives it its essence?

Answer: Trinidadian sugar cane

Closing Bell

Question: On May 21, why did Jim Cramer suggest buying Freeport McMoRan?

Answer: Chinese demand

Weekly Quiz

Answer: Position

Now that currency trading has started I would like to share my experience so far. There are 20 currency pairs available for trading 24x7. The major currency pairs are included. However, I am sure that some currency traders would like to see additional pairs.

You can go long or short currencies. I found the fact that from my initial trades I could not purchase more than $90,000 worth since there seem to be fees that are applied. Couple the fees with the fact that you cannot enter the exact buy/sell amounts makes the interface a little quirky. Instead, there is a drop down selection for the buy/sell amounts. This essentially means that $10,000 of your $100,000 initial cash cannot be spent until you make a profit.

Trades are processed almost in real time. I noticed that my currency portfolio auto-refreshes with the latest values approximately every 30 seconds. CNBC.com states that although currency trading begins later than equity trading, Week 2 will end on Friday May 23 at 4:00PM EST for both parts of the contest.

Log into your portfolios and have fun trading currencies. http://contests.cnbc.com/milliondollar/main.do

I have managed to reach the top 0.4% in the contest as of tonight's update, thanks in part to my USD/JPY trade. I sold all my stock holdings today in my top portfolio so hopefully the market takes a hit tomorrow. It is rare for me to sell everything in the contest so I hope it pays off. Good luck everyone.

Squawk Box

Question: Web Exclusive: Which stock did Will Muggia recommend specifically for CNBC.com readers?

Answer: Chesapeake Energy

Squawk on the Street

Question: What did Goldman Sachs' Abby Joseph Cohen call a "pretty good hedge against inflation"?

Answer: equities in general

The Call

Question: "Rail moves everything," said Neuberger Berman's Gary Kaminsky. Which railroad stock moves him?

Answer: Kansas City Southern

Power Lunch

Question: Options trading: Rebecca Darst says which dental technology firm saw "unusually bullish call activity"?

Answer: Align Technology

Street Signs

Question: On May 19, Jim Cramer called which agriculture stock a "great buy"?

Answer: All of the above

Closing Bell

Question: By The Numbers blog: Which "winning energy stock" had the greatest 6-month percentage change (as of May 20)?

Answer: Hess

Weekly Quiz

Answer: Position

Squawk Box

Question: According to Boone Pickens, how much is the U.S. sending overseas for oil?

Answer: 4x the Iraq War's cost

Squawk on the Street

Question: On Tuesday, Jim Cramer said it was "time to ring the register" and sell. But what railroad stock was he BULLISH on?

Answer: CSX

The Call

Question: Short seller Doug Kass mentioned Warren Buffett and a famous tyrant in a CNBC interview. Which tyrant?

Answer: Napoleon Bonaparte

Power Lunch

Question: Which "gloom & doom" figure told CNBC Monday "I think the economy really stinks"?

Answer: Marc Faber

Street Signs

Question: What "Web Extra" Internet stock did Darren Chervitz recommend exclusively for CNBC Stock Blog readers?

Answer: Shutterfly

Closing Bell

Question: In "How To Prosper On Retiring Boomers" which stock did Jordan Kimmel link to the post-WWII generation?

Answer: Research in Motion

Weekly Quiz

Answer: Position

Squawk Box

Question: In March, Bernie McGinn was on the money with his Ford pick. Early this month, what pharma stock did he recommend?

Answer: PFE

Squawk on the Street

Question: Energy Source blog: What did John Kilduff say about Iran's possible market vulnerability?

Answer: It's more self-inflicted

The Call

Question: Berkshire Hathaway Portfolio Tracker: What was BRK's top holding by dollar value (as of March 31)?

Answer: KO

Power Lunch

Question: According to Paul Forward of Stifel Nicolaus, how much coal does America have?

Answer: about a 250-year supply

Street Signs

Question: In "Short Stories," what did Fast Money trader Pete Najarian call "the most confident plays"?

Answer: Coal & NatGas

Closing Bell

Question: "States with the Highest Foreclosure Rates" slideshow: How many Nevada households got notices as of April?

Answer: 1 in every 146

Weekly Quiz

Answer: Position

Squawk Box

Question: In the story "Hogan's Heroes," Jeffries' Art Hogan recommended which biotech stock?

Answer: Charles River

Squawk on the Street

Question: In "Future Trade: Web 5.0″ what Un-"sexy" stock did Jeff Macke recommend?

Answer: Intel

The Call

Question: On May 16, CNBC.com's "Two Way Street" blog got its name from a presumably loyal reader. Who?

Answer: John Ware

Power Lunch

Question: In the CNBC Stock Blog, "A Big Buy On Brazil," what was Tom Del Zoppo's advice?

Answer: Buy Petrobras

Street Signs

Question: In "Thunder To Battle iPhone?!" Jim Goldman quotes which tech news & review site?

Answer: The Boy Genius

Closing Bell

Question: On May 16, Jim Cramer said he'd only recommend ONE Indian stock. Name it.

Answer: Sterlite Industries

Weekly Quiz

Answer: Position

Squawk Box

Question: Boone Pickens is building a huge wind farm with General Electric turbines. How much is the initial order with GE worth?

Answer: about $2 billion

Squawk on the Street

Question: The geothermal industry is molten! But there are only 2 pure plays trading on U.S. exchanges. Name one.

Answer: Ormat Technologies

The Call

Question: The CNBC Stock Blog featured "Israeli gems" -- picks by Merrill Lynch's Haim Israel. What was his telecom pick?

Answer: Cellcom

Power Lunch

Question: Donald Trump told CNBC he sold his Palm Beach house for $100 million. What literary reference did he make?

Answer: Tale of two cities

Street Signs

Question: Erin Burnett is in South Asia, seeking global market movers. How big is India's economy?

Answer: $1.2 trillion

Closing Bell

Question: In "Bill Miller's Broken Legg," what company did Jim Cramer call "an American comeback story"?

Answer: ArvinMeritor

This year you can earn up to $62,000 per week just by correctly answering all 31 bonus bucks trivia questions worth $2,000 each (6 daily / 1 weekly). You can also earn $1,000 by referring a friend to the contest. Correctly answering the trivia questions is necessary to win the million dollar challenge in my opinion since there are so many participants in the contest (around 240,000 as of today according to my calculations). To compute an estimate of the number of people competing in the contest I used an average of 2.5 portfolios per person and divided my current ranking of a portfolio by the percentage rank for that portfolio.

The top prize is a $500,000 annuity. Weekly prizes are also given out. For a list of all prizes see http://contests.cnbc.com/milliondollar/prizes.do

New this year is the currency trading powered by FXCM. I was still unable to trade currencies as of today. The following error message appears "Due to technical difficulties related to currency trading, we have cancelled all currency transactions submitted throughout Monday, May 12th and currency trading is currently unavailable. All traders' currency allocations will be reset to $100,000 CNBC Bucks until currency trading resumes."

Good luck to everyone who decides to participate. I ended up beating 99.85% of all portfolios last year with only 1 portfolio. As of yesterday my best portfolio of 5 was in the top 0.5% of all portfolios. My winners were FSIN & A.

Sponsors

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This page is an archive of entries from May 2008 listed from newest to oldest.

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