Question 1: In his blog, Darren Rovell paid tribute to the late George Carlin. Which of Rovell's terms refers to options trades?
crack spread
long straddle -->CORRECT ANSWER!
bulge bracket
tenbagger
Question 2: According to the blog post, "Air Products: Cutting Edge of Alt Energy?", how does Jim Cramer describe the U.S.?
Holy Grail of coal
Saudi Arabia of coal -->CORRECT ANSWER!
capital of problem-solving
none of the above
Question 3: In the CNBC.com video "Go Short" how does Options University strategist Ron Ianieri define a "speculator"?
only "the super-savvy"
"everyone in the market" -->CORRECT ANSWER!
commodities "sharpies"
"practically every trader"
Question 4: According to the CNBC Stock Blog "Powering Your Portfolio: Uranium" what is uranium miner Cameco's other business?
mining gold -->CORRECT ANSWER!
building nuke power plants
refining uranium ore
none of the above
Question 5: In Fast Money's Web Extra video "Najarian's Sweet Trade" which home builder rated the opinion, "I'd stay away"?
Lennar -->CORRECT ANSWER!
Centex
KB Home
Hovnanian
Question 6: Which U.S. airline announced on Monday June 23 that it plans to lay off 950 pilots?
Delta
Northwest
Continental
UAL -->CORRECT ANSWER!
Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.
CNBC June 30 Daily Trivia Answers (Monday)
CNBC June 27 Daily Trivia Answers (Friday)
Question 1: Print's not dead at CNBC! Name the editor of CNBC.com's new "Bullish on Books" blogger.
Allen Wastler
Gloria McDonough-Taub -->CORRECT ANSWER!
Carmen Wong Ulrich
Silvia Wadhwa
Question 2: In Fast Money's Web Extra segment "Najarian's Sweet Trade" which food & beverage purveyor did Pete Najarian praise?
Starbucks
McDonald's -->CORRECT ANSWER!
PepsiCo
Sonic
Question 3: In the CNBC.com feature "Shorting Stocks Could Be Way to Play This Market" which strategist predicted "one ugly decline"?
Kathy Boyle -->CORRECT ANSWER!
David Rovelli
Ron Ianieri
Howard Davidowitz
Question 4: In the slideshow "Lifestyles of the Super Rich" how much do the swank Christian Louboutin pumps go for?
$500-plus
$830
around $1,000
$2,500 -->CORRECT ANSWER!
Question 5: In the Web video "Inside Look at Offshore" which firm's oil rig did Janet Shamlian report from?
Exxon
Chevron -->CORRECT ANSWER!
BP
ConocoPhillips
Question 6: On The Money blog: In the post entitled "Cheap Is Sexy" which phrase is the blogger's own advice?
"Buy Now, Wear Forever"
try "driving a Prius"
"Vote with your wallet" -->CORRECT ANSWER!
all of the above
Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.
CNBC June 26 Daily Trivia Answers (Thursday)
Question 1: In the CNBC.com video, "Fed Expectations" what was Robert Podorefsky's reaction to talk of a Q3 Fed rate hike?
"I don't see it" -->CORRECT ANSWER!
"ridiculous"
"very possible"
"unlikely but possible"
Question 2: In the Fast Money blog post "Are Options Accurate?" Jon Najarian called ORCL & RIMM earnings with what tracking system?
optionmonster.com
Big Thunder -->CORRECT ANSWER!
Darst Interactive
PutCall.com
Question 3: Warren Buffett told CNBC that U.S. inflation is "exploding." He joked to Becky Quick that if he were Fed chairman, he'd:
cut rates
start drinking
keep rates as is
resign -->CORRECT ANSWER!
Question 4: In Sharon Epperson's blog post, "Shorting Oil The Way To Go?", she cites "a very large energy trader." Who?
Andy Lipow
Anthony Grisanti
Joe Terranova
none of the above -->CORRECT ANSWER!
Question 5: CNBC Stock Blog: On June 23, Longbow Research's Lee Klaskow said Midwestern floods had done one good thing. What?
wakeup call for U.S.
pullback for rail stocks -->CORRECT ANSWER!
ethanol's death knell
floor for commodities
Question 6: In the blog post "Fertilizer Stocks: Room To Grow" which stock did Michael Judd call "a great long-term holding"?
POT
MOS
MON -->CORRECT ANSWER!
AGU
Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.
CNBC June 25 Daily Trivia Answers (Wednesday)
Question 1: In the CNBC.com video "Underweight on China" Erwin Sanft says BNP Paribas downgraded a raft of Chinese stocks. How many?
10 -->CORRECT ANSWER!
5
15
didn't specify
Question 2: In Tuesday's edition of "Lightning Round OT" What was Cramer's exact take on Dominion Resources?
"I'd skip it"
"Don't get burned"
"wait for the election"
"a real good one" -->CORRECT ANSWER!
Question 3: Kiplinger's issued a list of stocks that "Warren Buffett would love." Name one. (Hint: You'll find the list on our site.)
Tiffany " -->CORRECT ANSWER!
Coca-Cola
American Express
Weyerhaeuser
Question 4: On June 24, Melissa Lee sat in for Maria Bartiromo in "Maria's Market Message" Web video. What story did she lead with?
Fed meeting " -->CORRECT ANSWER!
Microsoft-Yahoo
Offshore drilling
McCain-Obama debate
Question 5: In his auto blog, Phil LeBeau mocked Jim Cramer! Finish Phil's phrase: "While Cramer may know stocks, I think he's..."
"pathological"
"crocked" -->CORRECT ANSWER!
"increasingly dire"
seeking "affirmation"
Question 6: CNBC Stock Blog: Neil Hennessy is a frequent CNBC guest and master stock picker. What was his Web Extra pick for Tuesday?
GRA
ARG -->CORRECT ANSWER!
OIS
none of the above
Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.
CNBC June 24 Daily Trivia Answers (Tuesday)
solving global problems
once-in-a-generation event
power-plant efficiency
all of the above -->CORRECT ANSWER!
Question 2: In her Monday blog post on foreclosures, what did Carmen Wong Ulrich say "matters most"?
home expense/salary ratio -->CORRECT ANSWER!
our own education
reading the fine print
making judicious decisions
Question 3: In the CNBC.com feature, "The Future of Oil: What the Experts Are Saying," who is Peter Beutel paired with?
Dan Yergin
John Kilduff
Addison Armstrong -->CORRECT ANSWER!
Kevin Kerr
Question 4: According to CNBC.com's video report "Foreclosure Tour Hits Manhattan" how many Q1 residential foreclosures were there?
23 -->CORRECT ANSWER!
"dozens"
"hundreds"
91
Question 5: In Diana Olick's post, "Harvard and Housing: A Silver Lining?" Eric Belsky cited a "significant amount" of this:
overbuilding
faulty mortgage products
divorce
immigration -->CORRECT ANSWER!
Goldman Sachs -->CORRECT ANSWER!
Morgan Stanley
Merrill Lynch
none of the above
Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.
CNBC June 23 Daily Trivia Answers (Monday)
Question 1: In the June 20 Kudlow Caucus, which panelist called the $300 billion housing bailout bill a "boondoggle"?
Stefan Abrams -->CORRECT ANSWER!
Jerry Bowyer
Art Laffer
James Pethokoukis
Question 2: CNBC Stock Blog: on June 20, what did Jeffrey Frankel cite as an element in an investment brainstorming process?
Iron Man
Spider-Man
The Hulk -->CORRECT ANSWER!
none of the above
Question 3: How does Sharon Epperson's blog post, "Big Oil Heads Back To Iraq," describe the oil majors' Iraqi deals?
long-term service contracts
production sharing
unlikely to depress prices -->CORRECT ANSWER!
none of the above
Question 4: The article "Picks for Banking Bloodbath" praises Banca Transilvania. Where is the financial firm based?
Bucharest
Cluj -->CORRECT ANSWER!
Serbia
Hungary
Question 5: In the Web video report "Staubach's Real Estate Deal" what is the "biggest compliment" to ex-Dallas QB Roger Staubach?
the real estate guy -->CORRECT ANSWER!
gridiron great
American icon
inspiration to young people
Question 6: In the Fast Money blog, "Post-Washout Rally?" which indicator did Jon Najarian look to first for a pro-rally case?
XLF
VIX -->CORRECT ANSWER!
S&P
Dow
Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.
CNBC June 20 Daily Trivia Answers (Friday)
Question 1: According to Darren Rovell's June 19 Sports Biz blog, Notre Dame will start a series vs which team in 2010?
Nevada
Army -->CORRECT ANSWER!
Washington State
Clemson
Question 2: CNBC.com Web video: In "China Fuel Prices" (June 19) Peter Boockvar called this a "major problem" for China:
food inflation -->CORRECT ANSWER!
gasoline demand
market volatility
U.S. populism
Question 3: Two-Way Street blog: In "Reader Response: Let's Drill!!! (Mostly)" what non-human animal anatomy does a reader mention?
rat's posterior
eagle's claw
monkey's paw
panda's head -->CORRECT ANSWER!
Question 4: In Bob Pisani's "Regional Banks Stage Rally" which bank anticipated "some increase in the cash dividend during 2008"?
KeyCorp
Fifth Third
BB&T -->CORRECT ANSWER!
Suntrust
Question 5: In "Lower Crude Bad For Stocks?" Carter Worth tells the Fast Money team how he'd trade if crude pulls back. How?
buy crude on the dip
long technology -->CORRECT ANSWER!
dump natgas, solar
stay the course
Question 6: "Investing in a Tough European Retail Environment" mentions one optimistic "recovery" in UK retail. Which company?
Inditex
Home Retail
Kingfisher -->CORRECT ANSWER!
Tesco
Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.
CNBC June 19 Daily Trivia Answers (Thursday)
Question 1: CNBC.com managing editor Allen Wastler enjoys a stogie in his byline photo. What brand of cigar?
Montecristo No. 2 (1961)
Flor de Farach Corona
Cigarillo Grande
Cuvee Blanc Churchill -->CORRECT ANSWER!
Question 2: In "Health Care Stocks: Schwab's Rx" why did Paul Alan Davis praise Express Scripts?
"product diversification"
great "free cash flow"
enjoys downside "buffer"
it's "part of the solution" -->CORRECT ANSWER!
Question 3: In the story, "Crude? So What? These Characters Still Find Work in Ads", which figure is called a "contemporary...icon"?
Snoopy
Brian the dog
Stewie the baby -->CORRECT ANSWER!
Tina the baby
Question 4: In "Energy Plays: How to Profit From the Oil-Price Boom" Jordan Kimmel offered his "excellent" stock picks. Name one.
COP
CNX
MCF -->CORRECT ANSWER!
WFT
Question 5: Web video hunt: In "LeFrak's Stock Picks," Richard LeFrak joked that FedEx should shift from what to what?
airplanes to smart cars -->CORRECT ANSWER!
jet fuel to solar energy
packages to Web sites
shipping to fertilizer
Question 6: In Fast Money's "Web Extra: Nat Gas Plummet?" the traders also discussed solar energy. The following stock(s) were mentioned:
Intel -->CORRECT ANSWER!
Oracle
Canada Solar
all of the above
Come back during each trading day for answers to the CNBC Portfolio Challenge Trivia ( bonus bucks ) questions.
CNBC Portfolio Challenge Weekly Strategy
This calculation is based on $2,000 per correct answer for each daily and weekly Trivia Question. Each day, 6 trivia questions are asked.
For answering ALL six weekly Trivia Questions correctly, you would have got 6 x $2,000 = $12,000.
There have been 5 full weeks so far which is 25 days, less 1 day for public holiday, = 24 days. There have been 3 days so far this week, making it a total of 27 days upto the end of today. Thus 27 days X $12,000 = $324,000.
Maximum bonus bucks so far = $336,000!! This excludes the referral bonus of upto $5,000.
If I have miscalculated above, please post a comment with corrections.
Ok, here is the good news...every trading day I try and post the answers to the day's CNBC Portfolio Challenge trivia questions. All you have to do is bookmark this blog (or subscribe to the atom feed) and check it regularly. Please note that its crucial to enter your answers DURING the trading day. I also try and post each weekly answer.
POSSIBLE STRATEGY FOR WEEKLY PRIZES: Today the stockmarket got slaughtered with the Dow falling 131 points to hover just above the 12,000 level. Many of your portfolios may have lost a significant chunk of their value this week. USE THIS TO YOUR ADVANTAGE AS FOLLOWS:
If your portfolio has really fallen dramatically you could get yourself in the running for the best weekly performance prizes which are based on your %age change for the week. Say, for example your $1,000,000 portfolio has halved to $500,000 as a result of some high risk trades going bad. Well, if next week you do nothing except answer all the trivia questions correctly, you would get $62,000 in bonus bucks, or a return of 12.4%! So if your portfolio is in a mess, make sure you answer ALL the bonus bucks questions correctly, and that will give you a big lift. Naturally, you still have to end up with some winners in your portfolio, but at least you can have fun and a chance at a weekly prize.
Even if you have not joined the CNBC Portfolio Challenge yet, you can still do so. Enter the CNBC Portfolio Challenge here.
