2010 Stock Picks Contest – Q1 Review

I’m starting off the 2010 Stock Picks contest better than I did last year.  For pretty much all of last year I was in the bottom two places out of our small group of financial bloggers.  This year has started out better as I’m in the top third of the group, but with a lot of time remaining.  The rules of the contest are that we pick four stocks or ETFs and hold them for the full year.  We can’t change our picks (as much as I wanted to last year).  I’m still happy with my picks and would probably pick all of them again if the contest was starting over today.  Oil (UCO) still has some upside potential even if the US Dollar (UUP) keeps climbing.  I think the S&P 500 (SSO) will finish the year higher than it is now and possibly lead by some major dividend paying stocks (DVY).

Here’s how my picks are doing so far:

  • UUP – Closed 12/31/09 at $23.08.  Closed 3/31/10 at $23.79
  • DVY – Closed 12/31/09 at $43.91.  Closed 3/31/10 at $46.02
  • UCO – Closed 12/31/09 at $12.68.  Closed 3/31/10 at $13.06
  • SSO – Closed 12/31/09 at $38.24.  Closed 3/31/10 at $42.01
  • Here are the first quarter updates for where we stand compared to each other:

    1. Dividend Growth Investor           9.58%
    2. The Wild Investor                            9.30%
    3. MyTrader’sJournal                  5.78%
    4. Where Does All My Money Go    5.45%
    5. The Financial Blogger                     2.87%
    6. ZachStocks                                          2.55%
    7. Four Pillars                                         -1.01%
    8. The Intelligent Speculator           -1.27%
    9. Million Dollar Journey                  -11.83%

    « « Sold Eli Lilly & Co (LLY) Naked Puts - | - End of Month Summary – March 2010 » »

    * If you like this post, then consider subscribing to the Full RSS feed or email updates.

    DISCLAIMER: While I am a Registered Investment Advisor Representative, the information contained within this site does not constitue personalized investment advice. This material is meant as entertainment and is only a view into how I invest my own account, but not necessarily how you should invest your own funds. Trade using your own research at your own risk. This is impersonal investment advice which means the material written here, in email exchanges, on Twitter and/or other social networking sites do not purport to meet the objectives or needs of specific individuals or accounts.

    Other Popular Articles:

    - How to Read an Options Table

    - Determining an Exit Price for a Stock

    - Understanding Downside Risks in Investing

    - How Naked Put Selling Works

    - 10 Tips for Keeping Emotions out of Investing


    1. Comment by lionel

      I love the work on you guys, and have follow everyone of you guys ever since the first competition :)
      anyway, just to share, here’s the chart and graph on all the participants :)

    2. Comment by Alex Fotopoulos

      Thanks Lionel!

    RSS feed for comments on this post.

    Sorry, the comment form is closed at this time.