{"id":42,"date":"2007-03-11T16:08:46","date_gmt":"2007-03-11T21:08:46","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/2007\/03\/11\/cnbc-portfolio-week1\/"},"modified":"2016-09-20T02:54:02","modified_gmt":"2016-09-20T06:54:02","slug":"cnbc-portfolio-week1","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2007\/03\/11\/cnbc-portfolio-week1\/","title":{"rendered":"CNBC Portfolio Challenge Results &#8211; Week #1"},"content":{"rendered":"<p>After the first full week, our portfolio was up a total of $120,000*. That is a 12% GAIN in a week that was rather volatile. There were a few losers, but the worst was a 3% overall loss on Heely&#8217;s (HLYS) when it took a $3 plunge on an earnings disappointment. The best gain was a $61,000 profit from Chicos FAS which showed a better than expected earnings report for the quarter.<\/p>\n<p>I have said that the contest is part luck and a smidgen of skill as the &#8220;investors&#8221; cannot sell a position intra-day and all buys and sells are done at the close of the market day &#8211; 4 pm. Even so, the strategy of looking for overnight moves paid off and took the portfolio up nicely and earned us a ranking of #1992, or the TOP 1% of all portfolios.  (There are well over 250,000 entrants for the first week.)<\/p>\n<p>Next week, we will continue with the same strategy and see how it plays out.<\/p>\n<p style=\"text-align: center\" align=\"left\">&nbsp;<\/p>\n<p style=\"text-align: center\" align=\"left\">&nbsp;<\/p>\n<p style=\"text-align: center\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2007\/03\/week1chart-1.jpg\" alt=\"Week1 CNBC Challenge Results\" \/><\/p>\n<p style=\"text-align: center\" align=\"left\">&nbsp;<\/p>\n<p style=\"text-align: center\" align=\"left\">*Gain = $118,270 plus $2,000 bonus<\/p>\n<p style=\"text-align: center\" align=\"left\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the first full week, our portfolio was up a total of $120,000*. That is a 12% GAIN in a week that was rather volatile. There were a few losers, but the worst was a 3% overall loss on Heely&#8217;s (HLYS) when it took a $3 plunge on an earnings disappointment. The best gain was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[224,12],"tags":[14,3,483,490],"class_list":["post-42","post","type-post","status-publish","format-standard","hentry","category-long-ideas","category-markets","tag-cnbc-challenge-picks","tag-disciplines","tag-markets","tag-stocks","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/42","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=42"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/42\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=42"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=42"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=42"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}