CNBC Bonus Bucks Trivia Answers (July 3)

Question 1: On July 2, strategist John Carter told CNBC he sees the Dow below 10,000. Where did he suggest putting your money?

gold
oil
both -->CORRECT ANSWER!
neither

Question 2: According to "Warren Buffett Watch," the bear market bit Berkshire Hathaway. What was its Tuesday closing price?

$149,200
$120,100 -->CORRECT ANSWER!
$118,665
$157,000

Question 3: In Darren Rovell's post on Nike's "Air McFlys," what Back to the Future "science" term did he quote?

density
flux capacitor
"jigawatts"
all of the above -->CORRECT ANSWER!

Question 4: According to the Fast Money Trade School article, "All Or Nothing Options", who is expected to trade binaries?

institutional investors
individuals
hedge funds
all of the above -->CORRECT ANSWER!

Weekly Question
In shorting, the difference between where you sell a stock and where you buy it back is called _____.

profit -->CORRECT ANSWER!
a loss
the trading range
the volatility scope

Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions. There are no questions on July 4th. Next trivia day is July 7th.