TheStreet.com'sBeat the Street contest's latest week began Monday, and four of the top five leaders were rewarded for shorting Standard Pacific (SPF) , which fell 22% Monday, even as the broad market rallied.
RSkormina took the Day One lead, building the $250,000 starting portfolio to $267,409. The week looks likely to be tightly contested as second-place player Rapide stands less than $100 behind the leader at $267,365.Third-place contestant Tukaram, at $265,911, fourth-place contestant Hantongjin, at $265,843 and fifth-place holder Fobes15 at $264,819 round out the top five.
Under the rules of the weekly contest, players will be able to switch one of their five stocks between Tuesday's market close and Wednesday's market open.
Contestants looking to research their changes should take a look at Patrick Schultz's weekly
, which includes his take on a number of energy stocks, including
National Oilwell Varco
Nordic American Tanker
, as well as
Players should also consult Stockpickr's
Readers should also consult
on what investors can learn from the game.
This article was written by a staff member of TheStreet.com.