StonkForums Weekly Stock Picking Contest & SPX Sentiment Poll (6/5-6/9)

StonkForums Weekly Stock Picking Contest for the Week of (6/5-6/9)

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Congrats to @bigbear0083 the StonkForums Weekly Contest Winner for the Week of (5/29-6/2)!

*Link to StonkForums Weekly Stock Picking Contest Thread for the Week of (5/29-6/2)*

On to the next! The StonkForums Weekly Stock Picking Contest for the Week of (6/5-6/9) starts at the opening bell on Monday, June 5th, 2023.

If you want to be eligible to participate in this week's contest here is what you need to do (REQUIRED!):

• 1.) Post 2 tickers (ex. AAPL = Apple) but YOU MUST pick 2 not just 1 or else I will not add you to our list of contestants!
• 2.) Choose either Long or Short for each ticker (Obviously LONG = if you think it will go up ... or SHORT = if you think it will go down this week)
• 3.) Both of your picks MUST each be at least $2 from Friday's closing price at the bare minimum! If you pick something that is under $2 then your pick will not count, and you will not be entered into this week's contest!

Contest Rules (PLEASE READ THESE AND FOLLOW THEM!):

• 1.) No OTC or IPOs.
• 2.) No Futures, Forex, Indexes stuff like that... Equities ONLY that trade on the U.S. Stock Exchange!
• 3.) If you don't post both the ticker AND the direction (LONG/SHORT) you won't be added to the list of contestants for this week's stock picking contest!
• 4.) You cannot duplicate someone's exact play! For example- If someone picks AAPL - Long and BAC - Long first then you may only pick AAPL - Short and BAC - Long or AAPL - Long and BAC - Short <-- you may only duplicate 1 pick but not BOTH! This is a first come, first serve basis here!
• 5.) Picks absolutely MUST be posted in here before the 9:30AM eastern time cash market open on the first trading day of the week!
• 6.) You are NOT allowed to pick any leveraged ETFs/ETNs (2x/3x). If you choose one, it will not count. If incorrect picks go un-noticed, you risk your position being forfeited!
• 7.) RATIONALE - You may post up a rationale (either technical or fundamental) for both of your picks but they are not required. This is optional for everyone.
• 8.) Please DO NOT EDIT your original post with your picks! If you absolutely must choose another pick, please use a separate post and state that you are changing your original pick to something else!
• 9.) You may choose to close out one or both of your picks at any time during the trading week. PLEASE POST YOUR OWN CLOSING PRICE(S)! We will be using the intraday 1 minute closing price using the time stamp of your post on StonkForums for when you closed out your pick. You will need to state which pick(s) you are closing out as well as the price & the time of when you closed out. I will be confirming that your closing price is correct by looking at the 1 min. intraday chart. If it is not correct, I will then post up your correct price and input that into the live spreadsheet. If you choose to close out after the trading day is finished (after the closing bell), you will then get the next day's opening price.

If you have any questions, feel free to ask, and if anyone sees someone else messing up, please correct them. Also, please look at your positions after I post the spreadsheets. I try to catch mistakes, in and out of my control, but need your help in making sure the information is accurate.

Remember...the contest starts at the opening bell on Monday, June 5th!

GLTA.

(Click Here to view this week's contest spreadsheet!)

EMBEDDED SHEET:



Click the button below to submit your weekly picks via the Google Form-


***IMPORTANT NOTICE: MARKET DIRECTION VOTES ARE REQUIRED TO BE "POSTED" ON THIS THREAD IN ORDER TO BE ADDED TO THE MEMBERS VOTING RECORD SPREADSHEET!***

EMBEDDED FORM:



(Click Here to view the StonkForums 2023 Weekly Contest Winners!)

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This is a poll for the week of 6/5-6/9, 2023
Expires Monday at the opening bell on: 6/5/23
Don't forget to click the "Vote Now" button!

How does StonkForums think the S&P500 will close the week?



Starting point:


**Starting point will be edited into this post after Friday close**
*Link to Previous Weekly Poll Thread*
Don't forget to post your vote to be listed in the 2023


Results from the last poll (5/29-6/2)
4,205.45
4,282.37 (+1.45%)


StonkForums Voted



SF wins the daily poll tally this week. Credit goes to the UP votes!


Post your Vote!


Notes/Guidelines:
1) For purpose of the spreadsheet record flat is currently based on +/-0.50% or less. Of course, everyone can define flat any way they choose.
2) Up, Flat, or Down must be clearly specified in a post in order to be listed in the spreadsheet, otherwise it'll be assumed that post was not intended to be a part of the official record.
3) Because of the poll expiration at Sunday midnight GMT time zone, (Sunday 4pm PST / 7pm EST) I manually close the poll around 9pm - midnight in PST, or before I go to bed. You may notice the poll says to expire on Monday, but it does not. It will expire on Sunday the date that is in this post.4 pm PST / 7pm EST is just a bit too early and I want to give as much possible time for everyone to get a chance to vote.
4) You may notice that some members have monthly and quarterly statistics in the spreadsheet. I add these based on at the start of the month or quarter taking into account past consistent voter-ship.
5) It's OK to post your vote if you missed the deadline after the poll has expired and if the market has not really moved that much or especially if your late vote is opposite or flat of the S&P futures ATM. It will be up to my discretion and obviously, the more active voters will be given more leeway.
6) Starting and ending points based on official close of the market Friday.
7) The primary goal of this game is to track our performance. You can consider it a contest or as a personal critiquing tool to better ones performance.

 

Congratulations to this week's contest winner -- @bigbear0083!

Some worthy mentions also go out to our 2nd place winner -- @stock1234 and 3rd place winner -- @Stoch!

Here was this week's final contest results:


(Click Here to view the StonkForums 2023 Weekly Contest Winners!)

 

Post #1 Updated!
Scores Graded!

Click the button below to view the full 2023 Poll Member Voting Record-


*Link to Previous Weekly Poll Thread*

SF wins the daily poll tally this week. Credit goes to the UP votes!

@Stoch and @stock1234

Our current weekly market direction poll winning streak high belongs to @stock1234 with 4 correct calls!



@stock1234 is our current overall weekly poll percentage leader for the year with a 63.64% weekly voting accuracy in 2023 thus far.

Onto the next! Don't forget to click in your vote on the poll at the top of this thread & also post your vote on this thread before 4AM eastern time on Monday morning!

 

Wow! @stock1234 extends his weekly market direction winning streak to now 4 straight weeks! amazing

 

market down

 

Midweek SPX update:

START (6/2/23 CLOSE): 4,282.37
CURRENT (6/7/23 CLOSE): 4,267.52 (-0.35%)

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Midweek weekly contest update:

Shout out to our current leader -- @stock1234!