Week Two: The stocks have the early lead

So, after one week of my comparison between stocks and football betting, the stocks have the early lead.  Four of the five I picked were up this week, and it brings my total to positive $471.04.  Not bad.  Here’s the current info as of 9:30 a.m., September 17:

Company, Starting Price, Current Price, Shares, Current Total

Thompson Creek Metals, $12.55, $13.00, 408, $5,304

Infosys Technologies Ltd, $46.78, $48.66, 109, $5,303.94

General Cable Corp, $39.59, $40.05, 129, $5,166.45

Freeport McMoRan Copper & Gold, $70.37, $71.85, 73, $5,245.05

Fortescue Metals Group, $3.70, $3.65, 1,384, $5,051.60

Total:       $26,071.04   (overall: +$471.04)

Now, my NFL prognositcating wasn’t quite as successful, but I did break even at 8-8 on the week.  And that’s after taking a voluntary loss on the Pittsburgh-Tennessee game because it was early.  Here’s the totals for the NFL so far:

Overall Record: 8-8   Total:  $25,600  (overall:  $0.00)

I need a big week to get back in this competition.  So here are my picks for the NFL’s Week 2:

Oakland              +3            Kansas City

Minnesota         -10           Detroit

New Orleans       E             Philadelphia

Atlanta                 -6           Carolina

Arizona               +3          Jacksonville

Seattle                 +1.5       San Francisco

Cleveland           +3          Denver

San Diego            -3           Baltimore

Chicago               +3          Pittsburgh

Dallas                   -3           NY Giants

Tennessee          -6.5       Houston

Washington       -9.5       St. Louis

Tampa Bay         +5         Buffalo

Miami                   +3         Indianapolis

NY Jets                +3.5     New England

Green Bay           -9          Cincinnati

Hopefully, I’ll do better this week.  And by the way, to support my theory that the NFL, particularly the injury reporting rules, are all about gambling interests and not competition, here’s this from the league today. That is some hefty fines for not placing a guy who actually played in every game down the stretch on an injury report notice.  This is all about getting the point spreads as accurate as possible.  Everyone knew Favre was banged up down the stretch.  And as for competitive advantage, the Jets actually could have gotten a bigger advantage by listing Favre as questionable and making their opponents spend time preparing for Kellen Clemens.  I don’t have a problem with this, mind you, just don’t pretend like it’s not about the gambling.

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Published in: on September 17, 2009 at 2:26 pm  Leave a Comment  
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