The CNBC Million Dollar Contest
Ranked #7,717 in Business, #115,075 overall | Donates to Squidoo Charity Fund, The Leukemia & Lymphoma Society
Stocks and ForEx Challenge
This lens is about the ongoing CNBC million dollar challenge. One of the main modules of the lens is a daily Trivia that I answer daily. This helps me get focused on updating the lens daily.
This contest/Challenge is organized by CNBC, the world leader in Business news and comments. It is like the Financial Times, Wall Street Journal or The Economist of TVs. The challenge is scheduled for 10 weeks and started on Nov. 17, 2008.
You get a fictional US$1,000,000 (1 million) to use to buy stock and generate a stock portfolio (you actually get 5 x 1 million, because you can build 5 different portfolios with 1 million each!)
This is a great opportunity for anyone interested in the stock market to test one's knowledge and may be get awarded for it.
You can find more about this challenge in this link: CNBC million dollar challenge
If you are going to join the contest Monday is a good starting point for the weekly contest. Starting next week, I will be publishing my sector and stock picks of the week.
There is a daily trivia in this contest and I will post my answers to these questions here.
The contest is now over and the final results for those who made it to the next round will be known in a couple of weeks. We started a bit late this time but we are preparing for the next context which should start in April 2009. Our best performing portfolio was among the top 3%!
The second round of this contest has just ended! Results of the 3 finalists will be announced in less than a week. In a few weeks we will start preparing for the next contest which will take place in Spring. Hopefully we will have the opportunity to discuss some strategies that would allow some squids to participate and enjoy the contest
This contest/Challenge is organized by CNBC, the world leader in Business news and comments. It is like the Financial Times, Wall Street Journal or The Economist of TVs. The challenge is scheduled for 10 weeks and started on Nov. 17, 2008.
You get a fictional US$1,000,000 (1 million) to use to buy stock and generate a stock portfolio (you actually get 5 x 1 million, because you can build 5 different portfolios with 1 million each!)
This is a great opportunity for anyone interested in the stock market to test one's knowledge and may be get awarded for it.
You can find more about this challenge in this link: CNBC million dollar challenge
If you are going to join the contest Monday is a good starting point for the weekly contest. Starting next week, I will be publishing my sector and stock picks of the week.
There is a daily trivia in this contest and I will post my answers to these questions here.
The contest is now over and the final results for those who made it to the next round will be known in a couple of weeks. We started a bit late this time but we are preparing for the next context which should start in April 2009. Our best performing portfolio was among the top 3%!
The second round of this contest has just ended! Results of the 3 finalists will be announced in less than a week. In a few weeks we will start preparing for the next contest which will take place in Spring. Hopefully we will have the opportunity to discuss some strategies that would allow some squids to participate and enjoy the contest
The CNBC Daily Trivia answered !... Diary
The daily trivia is now suspended until the next round of the challenge
Previous Daily Trivia diaries
These answers to the trivia questions will be useful to (and fully understood by) those who participate in the Challenge. By Posting My answer to these questions here, I hope I can help as many of you get the bonus Bucks that can get you closer to having the best performing portfolio, which allow you to earn real money if you end up at the top!
The questions will be answered as they are posted on CNBC. These bonus Bucks trivia will be answered here first
The daily updates Jan. 21, 2009
The 1st Question: In Maria Bartiromo's Jan. 20 video "Market Message," which of these topics did she mention first?
Answer: Apple earnings
The 2nd question: Which company mentioned in the Stock Blog post "Diversity is the Key" is based in the Eastern Hemisphere?
Answer: both of the above
The 3rd question: According to Jim Goldman's blog "Tumult vs. Triumph," why did RBC Capital's Mike Abramsky lower his Apple estimates?
Answer: fear of Mac order slowdown
The 4th Question: What were uber-trader Jon Najarian's floor call letters when he worked on the CBOE?
Answer: DRJ
The 5th Question: In "Cramer's 10 Tips for Obama" what did the Mad Money guru NOT suggest government do?
The answer: Help the homebuilders
The 6th Question: On our Web site's Credit Spreads page (hint: find it via the Market Buzz box), what is the first type of data shown?
Answer: TED Spread
The daily updates Jan. 12, 2009
The 1st Question: On Jan. 9, stock picker Michael Yoshikami did NOT recommend a dividend-play company in this sector:
Answer: conglomerates
The 2nd question: In Bob Pisani's Jan. 9 post "The Next Big Worry", what does the "Trader Talk" blogger call the market's "big worry" now?
Answer: earnings revisions
The 3rd question: In the Friday edition of "Stop Trading," Jim Cramer said which aspect of oil and gas still "might be hanging on"?
Answer: drilling
The 4th Question: Which CNBC correspondent hosted Friday's (1/9/09) market news wrap-up, "The Week & You"?
Answer: Courtney Reagan
The 5th Question: Which obsolete medium is referenced on a page of our slideshow, "The Best-Selling Adult DVDs of All Time"?
The answer: ancient sanskrit.
The 6th Question: According to Jim Goldman's Jan. 7 blog post, who was the butt of Steve Ballmer's joke about Facebook "friend requests"?
Answer: Yahoo ex-CEO Jerry Yang
The daily updates Jan. 9, 2009
The 1st Question: In our slideshow, 25 Years of Tech Blunders, what "old economy" product is compared to the modern ones?
Answer: Ford Edsel
The 2nd question: On Thursday, Jeffrey Saut of Raymond James said which companies are players in the water sector?
Answer: all of the above
The 3rd question: What phrase did Clem Chambers use in his prediction of Dow 11,000 on an "Obama Bounce"?
Answer: all of the above
The 4th Question: In Cliff Mason's Jan. 8 blog post on job hunting, what cross-over Yiddish term did he use?
Answer: schtick
The 5th Question: In the story, "Sarkozy, Merkel, Blair Call for New Capitalism," what group did Germany's chancellor cite as a failure?
The answer: International Monetary Fund
The 6th Question: What was Jim Cramer's Top Five Dow Stocks pick for Tuesday?
Answer: Verizon Communications
The daily updates Jan. 8, 2009
The 1st Question: According to a Jan. 7 Stock Blog by Jon Najarian, which networking company's shares "jumped" more than 18% Tuesday?
Answer: Obama's stimulus plan
The 2nd question: According to a Jan. 7 Stock Blog by Jon Najarian, which networking company's shares "jumped" more than 18% Tuesday?
Answer: Ciena
The 3rd question: What animal metaphor did B. Ramalinga Raju use for trying to fix Satyam Computer Services' balance sheet?
Answer: riding a tiger
The 4th Question:According to our Warren Buffett Watch blog, which cartoonist said he doesn't trust the Berkshire Hathaway chief?
Answer: Scott Adams
The 5th Question: According to Jane Wells' blog, which famed pornographer wants a $5 billion bailout for the adult entertainment industry?
The answer: Larry Flynt
The 6th Question: In our article, "Early Warnings Signaling An Ugly Earnings Season", who warned of further layoffs ahead?
Answer: Alcoa
The daily updates Jan. 7, 2009
The 1st Question: In Jon Najarian's Monday Stock Blog post, which natgas company did he say options traders were targeting?
Answer: MarkWest Energy
The 2nd question: In his CNBC interview, Pimco's co-CEO Mohamed El-Erian recommended which investment(s)?
Answer: all of the above
The 3rd question: Web video hunt: On Dec. 23, which strategist told CNBC that Russia would be a "A Bigger Energy Player in 2009"?
Answer: Jonathan Barratt
The 4th Question: Which corporate boards did Meg Whitman resign from as of Dec. 31?
Answer: none of the above
The 5th Question: Which investment firm said Monday that it was unwinding its $1 billion Tempo Master fund?
The answer: JD Capital Management
The 6th Question: In his Millennial Money blog post called "War On Climate Change Over..." what was Cliff Mason's apocalyptic message?
Answer: Kiss the future goodbye!
The daily updates Jan. 6, 2009
The 1st Question: In Jon Najarian's Monday Stock Blog post, which natgas company did he say options traders were targeting?
Answer: MarkWest Energy
The 2nd question: In his CNBC interview, Pimco's co-CEO Mohamed El-Erian recommended which investment(s)?
Answer: all of the above
The 3rd question: Web video hunt: On Dec. 23, which strategist told CNBC that Russia would be a "A Bigger Energy Player in 2009"?
Answer: Jonathan Barratt
The 4th Question: Which corporate boards did Meg Whitman resign from as of Dec. 31?
Answer: none of the above
The 5th Question: Which investment firm said Monday that it was unwinding its $1 billion Tempo Master fund?
The answer: JD Capital Management
The 6th Question: In his Millennial Money blog post called "War On Climate Change Over..." what was Cliff Mason's apocalyptic message?
Answer: Kiss the future goodbye!
The daily updates Jan. 5, 2009
The 1st Question: In a "Fast Money" interview on Dec. 31, how does CEO Howard Levine describe his family business?
Answer: selling...things that people need
The 2nd question: According to our Warren Buffett Watch, where did Berkshire Hathaway's Class A shares end 2008?
Answer: at $96,600 each
The 3rd question: According to our By The Numbers blog, which of the 2009 Dogs of the Dow has the lowest dividend yield ?
Answer: Kraft Foods
The 4th Question: Video hunt: In a Jan. 1 interview about commodities, what did Michael Yoshikami cite as a sign of industrial slowdown?
Answer: displacement of Chinese workers
The 5th Question: Slideshow hunt: According to our Wealth in America survey, who had planned to spend the most on holiday shopping?
The answer: Northeastern farmers
The 6th Question: According to the article, Asian Markets Start 2009 on a Quiet Note, whose gains helped support Australian stocks?
Answer: Woodside Petroleum
The daily updates Jan. 2, 2009
The 1st Question: In our "Famous Last Words" slideshow, what is Chris Dodd referring to?
Answer: Fannie Mae
The 2nd question: On New Years Eve, Brent Wilsey told CNBC that which stock is in the "30% Club"?
Answer: Cisco Systems
The 3rd question: In our Web video collection, "Top Videos of 2008", which news story is not represented?
Answer: Sarah Palin in the VP debate
The 4th Question: What investment does Nadav Baum consider in Part 2 of "Predictions '09" (Why You Shouldn't Run From Stocks)?
Answer: Energy Select Sector SPDR
The 5th Question: What is Ukraine's state-owned gas company named?
The answer: Naftogaz
The 6th Question: Why did Jon Najarian say NetApps was the focus of "intense options action" on Wednesday?
Answer: buyout scuttlebutt
The daily updates Dec. 30, 2008
The 1st Question: In Jon Najarian's Monday Stock Blog, which independent oil & gas company did he cite?
Answer: Linn Energy
The 2nd question: In her introduction to "On the Money Thrival Guide for 2009", Carmen Wong Ulrich uses what euphemism for complications?
Answer: thrown a big monkey wrench
The 3rd question: On Dec. 29, Marc "Dr. Doom" Faber recommended which trio of "hard assets" to investors?
Answer: gold, silver, platinum
The 4th Question: According to our guide to international market holidays, whose markets were closed on Dec. 25?
Answer: all of the above
The 5th Question: In Bob Pisani's blog post from yesterday afternoon, what did he call the "real X-factor for stocks"?
The answer: the coming stimulus package
The 6th Question: According to the article "Best and Worst Ads: A Year the News Eclipsed..." whose ads reeked of "cultural imperialism"?
Answer: Burger King
The questions will be answered as they are posted on CNBC. These bonus Bucks trivia will be answered here first
The daily updates Jan. 21, 2009
The 1st Question: In Maria Bartiromo's Jan. 20 video "Market Message," which of these topics did she mention first?
Answer: Apple earnings
The 2nd question: Which company mentioned in the Stock Blog post "Diversity is the Key" is based in the Eastern Hemisphere?
Answer: both of the above
The 3rd question: According to Jim Goldman's blog "Tumult vs. Triumph," why did RBC Capital's Mike Abramsky lower his Apple estimates?
Answer: fear of Mac order slowdown
The 4th Question: What were uber-trader Jon Najarian's floor call letters when he worked on the CBOE?
Answer: DRJ
The 5th Question: In "Cramer's 10 Tips for Obama" what did the Mad Money guru NOT suggest government do?
The answer: Help the homebuilders
The 6th Question: On our Web site's Credit Spreads page (hint: find it via the Market Buzz box), what is the first type of data shown?
Answer: TED Spread
The daily updates Jan. 12, 2009
The 1st Question: On Jan. 9, stock picker Michael Yoshikami did NOT recommend a dividend-play company in this sector:
Answer: conglomerates
The 2nd question: In Bob Pisani's Jan. 9 post "The Next Big Worry", what does the "Trader Talk" blogger call the market's "big worry" now?
Answer: earnings revisions
The 3rd question: In the Friday edition of "Stop Trading," Jim Cramer said which aspect of oil and gas still "might be hanging on"?
Answer: drilling
The 4th Question: Which CNBC correspondent hosted Friday's (1/9/09) market news wrap-up, "The Week & You"?
Answer: Courtney Reagan
The 5th Question: Which obsolete medium is referenced on a page of our slideshow, "The Best-Selling Adult DVDs of All Time"?
The answer: ancient sanskrit.
The 6th Question: According to Jim Goldman's Jan. 7 blog post, who was the butt of Steve Ballmer's joke about Facebook "friend requests"?
Answer: Yahoo ex-CEO Jerry Yang
The daily updates Jan. 9, 2009
The 1st Question: In our slideshow, 25 Years of Tech Blunders, what "old economy" product is compared to the modern ones?
Answer: Ford Edsel
The 2nd question: On Thursday, Jeffrey Saut of Raymond James said which companies are players in the water sector?
Answer: all of the above
The 3rd question: What phrase did Clem Chambers use in his prediction of Dow 11,000 on an "Obama Bounce"?
Answer: all of the above
The 4th Question: In Cliff Mason's Jan. 8 blog post on job hunting, what cross-over Yiddish term did he use?
Answer: schtick
The 5th Question: In the story, "Sarkozy, Merkel, Blair Call for New Capitalism," what group did Germany's chancellor cite as a failure?
The answer: International Monetary Fund
The 6th Question: What was Jim Cramer's Top Five Dow Stocks pick for Tuesday?
Answer: Verizon Communications
The daily updates Jan. 8, 2009
The 1st Question: According to a Jan. 7 Stock Blog by Jon Najarian, which networking company's shares "jumped" more than 18% Tuesday?
Answer: Obama's stimulus plan
The 2nd question: According to a Jan. 7 Stock Blog by Jon Najarian, which networking company's shares "jumped" more than 18% Tuesday?
Answer: Ciena
The 3rd question: What animal metaphor did B. Ramalinga Raju use for trying to fix Satyam Computer Services' balance sheet?
Answer: riding a tiger
The 4th Question:According to our Warren Buffett Watch blog, which cartoonist said he doesn't trust the Berkshire Hathaway chief?
Answer: Scott Adams
The 5th Question: According to Jane Wells' blog, which famed pornographer wants a $5 billion bailout for the adult entertainment industry?
The answer: Larry Flynt
The 6th Question: In our article, "Early Warnings Signaling An Ugly Earnings Season", who warned of further layoffs ahead?
Answer: Alcoa
The daily updates Jan. 7, 2009
The 1st Question: In Jon Najarian's Monday Stock Blog post, which natgas company did he say options traders were targeting?
Answer: MarkWest Energy
The 2nd question: In his CNBC interview, Pimco's co-CEO Mohamed El-Erian recommended which investment(s)?
Answer: all of the above
The 3rd question: Web video hunt: On Dec. 23, which strategist told CNBC that Russia would be a "A Bigger Energy Player in 2009"?
Answer: Jonathan Barratt
The 4th Question: Which corporate boards did Meg Whitman resign from as of Dec. 31?
Answer: none of the above
The 5th Question: Which investment firm said Monday that it was unwinding its $1 billion Tempo Master fund?
The answer: JD Capital Management
The 6th Question: In his Millennial Money blog post called "War On Climate Change Over..." what was Cliff Mason's apocalyptic message?
Answer: Kiss the future goodbye!
The daily updates Jan. 6, 2009
The 1st Question: In Jon Najarian's Monday Stock Blog post, which natgas company did he say options traders were targeting?
Answer: MarkWest Energy
The 2nd question: In his CNBC interview, Pimco's co-CEO Mohamed El-Erian recommended which investment(s)?
Answer: all of the above
The 3rd question: Web video hunt: On Dec. 23, which strategist told CNBC that Russia would be a "A Bigger Energy Player in 2009"?
Answer: Jonathan Barratt
The 4th Question: Which corporate boards did Meg Whitman resign from as of Dec. 31?
Answer: none of the above
The 5th Question: Which investment firm said Monday that it was unwinding its $1 billion Tempo Master fund?
The answer: JD Capital Management
The 6th Question: In his Millennial Money blog post called "War On Climate Change Over..." what was Cliff Mason's apocalyptic message?
Answer: Kiss the future goodbye!
The daily updates Jan. 5, 2009
The 1st Question: In a "Fast Money" interview on Dec. 31, how does CEO Howard Levine describe his family business?
Answer: selling...things that people need
The 2nd question: According to our Warren Buffett Watch, where did Berkshire Hathaway's Class A shares end 2008?
Answer: at $96,600 each
The 3rd question: According to our By The Numbers blog, which of the 2009 Dogs of the Dow has the lowest dividend yield ?
Answer: Kraft Foods
The 4th Question: Video hunt: In a Jan. 1 interview about commodities, what did Michael Yoshikami cite as a sign of industrial slowdown?
Answer: displacement of Chinese workers
The 5th Question: Slideshow hunt: According to our Wealth in America survey, who had planned to spend the most on holiday shopping?
The answer: Northeastern farmers
The 6th Question: According to the article, Asian Markets Start 2009 on a Quiet Note, whose gains helped support Australian stocks?
Answer: Woodside Petroleum
The daily updates Jan. 2, 2009
The 1st Question: In our "Famous Last Words" slideshow, what is Chris Dodd referring to?
Answer: Fannie Mae
The 2nd question: On New Years Eve, Brent Wilsey told CNBC that which stock is in the "30% Club"?
Answer: Cisco Systems
The 3rd question: In our Web video collection, "Top Videos of 2008", which news story is not represented?
Answer: Sarah Palin in the VP debate
The 4th Question: What investment does Nadav Baum consider in Part 2 of "Predictions '09" (Why You Shouldn't Run From Stocks)?
Answer: Energy Select Sector SPDR
The 5th Question: What is Ukraine's state-owned gas company named?
The answer: Naftogaz
The 6th Question: Why did Jon Najarian say NetApps was the focus of "intense options action" on Wednesday?
Answer: buyout scuttlebutt
The daily updates Dec. 30, 2008
The 1st Question: In Jon Najarian's Monday Stock Blog, which independent oil & gas company did he cite?
Answer: Linn Energy
The 2nd question: In her introduction to "On the Money Thrival Guide for 2009", Carmen Wong Ulrich uses what euphemism for complications?
Answer: thrown a big monkey wrench
The 3rd question: On Dec. 29, Marc "Dr. Doom" Faber recommended which trio of "hard assets" to investors?
Answer: gold, silver, platinum
The 4th Question: According to our guide to international market holidays, whose markets were closed on Dec. 25?
Answer: all of the above
The 5th Question: In Bob Pisani's blog post from yesterday afternoon, what did he call the "real X-factor for stocks"?
The answer: the coming stimulus package
The 6th Question: According to the article "Best and Worst Ads: A Year the News Eclipsed..." whose ads reeked of "cultural imperialism"?
Answer: Burger King
CNBC WEEKLY BONUS BUCKS DIARY
WEEKLY BONUS BUCKS Week #8 (Jan. 5, 2009)
Question: The term MACD is shorthand for
Answer: Moving Average Convergence/ Divergence
Answer: Moving Average Convergence/ Divergence
New Amazon Search
What is MACD?
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WEEKLY BONUS BUCKS Week #7
Question: NYSE tick indicator represents number of stocks with
Answer: last trade executed on uptick vs downtick
Answer: last trade executed on uptick vs downtick
WHAT ARE EXCHANGE TRADED FUND (ETF)?
Watch this short Video, where SEC chairman define the concept of Exchange traded funds (ETF) , learn something new and relevant to this week's Quiz!
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Your turn! Sound off here.
These contests are good to learn how the Markets work/function but are useless as a measure of who is the best stock picker
Do you need to learn how the markets work/function?
Fetching blurbs now... please stand by
mulberry says:
Need to? Yes! Should have years ago. If I could master this stuff I could forget about the online struggle and everything else.
Posted December 22, 2008
Viktorson says:
I say yes because that is where your retirement is invested, that is where your home is financed.
Posted December 20, 2008
OhMe says:
I am sure glad that you are the one answering these questions and not me!
Posted December 13, 2008
1 of 1 page
This business sells stuff like this...
Great Stuff on auction
These auctions will expire in a few hours. The buy now deals are also very attractive.
Fetching new data from eBay now... please stand by
CNBC Million dollar contest in the news
- One Dead in Huntington Crash
- "Everything I see about the economy is that we have had no bounce," Buffett told CNBC anchor Becky Quick in a televised interview Wednesday. ...
Their entry on Wikipedia
CNBC (officially the Consumer News and Business Channel, until 1991) is a U.S. News and satellite television business news channel in the U.S., owned and operated by NBC Universal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers around the world. The network is currently ranked as the 19th most valuable cable channel in the U.S., worth roughly $4 billion.
Good source of news, blogs, and comments about business and finances
Fetching RSS feed... please stand byP.S. If you learn just one thing from this page...
How to create a balanced stock portfolio
Reader Feedback
a_willow wrote...
You are one of December graduates! Come by and answer few questions to show the way to those who will follow! Wish you many, many more great lenses!
Posted February 02, 2009
a_willow wrote...
This lens entered Fresh Squid Contest for January as one of featured lenses on Fresh Squid group in December! Come by and vote!
Posted January 02, 2009
Highfeil wrote...
I was never any good at picking the right stocks and had the unhappy knack of selling too soon as well, which is not very profitable. A lot of it is down to temperament as well, I suppose. But I admire those who do know what they are doing and can explain it to others.
Interesting lens with some great information
Posted December 31, 2008
New Poll Module
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New Prediction
My prediction:
Viktorson, at 11am on December 17, 2008 predicts:
Reader predictions:
Fetching predictions now... please stand by1 of 1 pages
Fetching predictions now... please stand byAmeo!
The new american currency?
This video discusses an important issue that is hardly picked up in the main stream media.
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by Viktorson
Hello world. I am a biomedical scientist. I am quite new to blogging and internet publishing even though I authored many papers that are in Books, Enc... (more)
