New Stock Screener
We have a new Stock Screener which we think will be much more helpful to Survivors looking for stocks to buy or short.
This new Stock Screener from Zacks has many, many options by which to screen for companies in the 10,000+ stock universe.
Level II Options
With the successful launch of level I options, Wall Street Survivor is proud to announce that level II options trading is on its way. Level II options are a more advanced type of option play that allows traders to add hedges to their investments and diversification to their portfolio. Currently, Wall Street Survivor allows traders to simply buy and sell call options and puts. However, with level II options, traders will be able to take their skills to the next level.
Level II options at Wall Street Survivor will permit traders to write covered and naked calls and puts in additions to buying and selling them. This basically means you will be able to write your own calls and puts backed by underlying stocks that you have in your portfolio, or on margin. This will greatly enhance the types of plays you can make with options and we encourage you to try them all out at Wall Street Survivor before testing them out there in the real world. We will have options articles, tips and lessons for you at Survivor U, so be sure to do your homework first!
We are extremely excited about getting level II options up and running and are anxious for you to try them out and to hear how your experiences are. Feel free to use this post to discuss anything level II option related with us, including lessons you would like us to publish. We will do our best to get back to all of you.
Yesterday’s Best Trades?
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On Monday, Dec. 15th, the best trades in the Community were ridiculous.
We tracked down the cause of these enormous profits and found that NASDAQ created a testing trading symbol (AAZST) that was not representative of any company. It is was ficticious. It didn’t exist. Still, many savvy Survivors tried to take advantage of this situation which allowed them to make the huge profits. Luckily, our audit team was on the case immediately and adjusted the portfolios of the following Survivors:
|
AAZST Traders |
Port. Value on 15-Dec |
%Gain (loss) |
Adjustment made |
|
$2,325,298.44 |
2181.37% |
-$2,223,296.81 |
|
|
$4,223,935.02 |
2129.95% |
-$4,012,420.05 |
|
|
$2,004,751.52 |
2069.62% |
-$1,890,913.67 |
|
|
$7,346,665.59 |
1703.99% |
-$6,848,494.43 |
|
|
$1,558,350.25 |
1478.57% |
-$1,453,418.94 |
|
|
$1,230,497.88 |
953.30% |
-$1,118,572.12 |
|
|
$651,321.26 |
829.73% |
-$589,721.97 |
|
|
$787,348.59 |
583.46% |
-$680,461.35 |
|
|
$704,488.56 |
449.83% |
-$597,194.79 |
|
|
$655,967.88 |
314.91% |
-$532,432.81 |
|
|
$461,717.83 |
268.09% |
-$367,422.29 |
|
|
$446,480.38 |
249.25% |
-$346,182.55 |
As you can see, the audit team cancelled all trades associated with the ticker symbol AAZST which dramatically reduced the values for several Survivors which was the only fair action to take.
Free Portfolio Resets Coming!
Soon, we are going to have free Portfolio resets available for anyone who wants them.
This is driven by the need to limit the Weekly prizes to Survivors who only have portfolios with a value greater than $50,000.
So, to make it fair for all Survivors, you will will be able to reset your Portfolio for free, if you wish.
Look for this offer at the top of the Dashboard.
Expert Stock Picks
Many Newbie Survivors understand about stocks and the stock market but don’t have any idea of how to find stocks to trade.
As one Survivor, brainiac, wrote on her Blog:
I signed up for the “fantasy stock market” and perused the pages of Google finance. And I have no idea what to do with all of that information! There’s a big search window to “get quotes,” but what am I getting quotes for? I understand the idea of buying and selling shares, but that represents the entire body of my knowledge on the subject. How do I figure out what companies I want quotes for?
So, we have Starter Stock portfolios for anyone who signs up (TIP: they are also available if you reset your portfolio).
OK, then you’ve got about 10 stocks picked by someone. But then what to do?
That’s when we came up with the idea of Expert Portfolio picks! We are going to replace the “Balanced” “Conservative” and “Agressive” starter Portfolios with Portfolios created by some real stock picking experts. One of them we hope will be Peter Navarro, who is an Economics Professor at UC-Irvine and is Harvard educated.
And those experts will then update their picks every week, so that you can get some guidance, some new stock trading ideas and start to understand why these picks are getting made.
Expect this to be on the site in about 2-4 weeks.
Trading Ideas: Served Daily
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Trading Idea, June 27: Buy NFLX
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We’re hooked up with the very smart folks at TradingHistory.com who are providing Survivors with one very good stock trading tip every day.
They scan their enormous historical database of stock prices every day and compare it to patterns that they have observed in the past to make a prediction about one stock. Their accuracy often reaches the 90% level!
It’s really quite elegant and simple. Give it a whirl and then test out their trading ideas with a fantasy stock portfolio!
Player Rankings page re-organized, re-deisgned
We’ve re-calibrated the Player Rankings page to be more personal, more relevant. Now when you arrive, YOU are in the middle of the rankings. We think this is more relevant and allows Survivors the opportunity to get to know their neighbors on the Leaderboards!
New Stock Screener
Our new Stock Screener has launched and gives you the capability to find stocks that match your specific criteria.
Do you want to find a U.S. stock with a share price less than $50, a P/E ratio greater than 10 with Daily volume of at least 100,000 shares? The Stock Screener shows you stocks which fit those criteria:
| Results | ||||||||||||
| Company Name | Symbol | Exch. | Industry | Share Price ($) | PE Ratio | Latest Volume | ||||||
| AT&T INC | T | NYSE | TECHNOLOGY | 39 | 19 | 120.703 | ||||||
| BANK OF AMERICA CORP | BAC | NYSE | FINANCIAL | 33 | 14 | 117,614 | ||||||
| GENERAL ELECTRIC CO | GE | NYSE | CONGLOMERATES | 30 | 14 | 172,617 | ||||||
| HEWLETT-PACKARD CO | HPQ | NYSE | TECHNOLOGY | 46 | 15 | 110,399 | ||||||
| JPMORGAN CHASE & CO | JPM | NYSE | FINANCIAL | 42 | 12 | 113,630 | ||||||
Try our new Stock Screener now!
New Video Channels
We are now offering 3 new free video channels to watch:
Let us know if you’d like to watch other types of video content like Technology news, Health news, etc.
Maximum Shares to Buy
According to the Wall Street Survivor contest rules, players may not hold a single position that is worth more than $25,000. This creates often annoying error messages on the trade page when you attempt to buy more than the $25k limit rule.
So, some smart Survivors suggested that we build a handy-dandy little button called “Max. Shares” that in one click provides the maximum number of shares you can buy for that security. How about that for progress!
We hope to have this ready in June with a more streamlined trade page. See the mock-up below:
