As we enter the final day of trading in Week 1 of TheStreet.com's Beat the Street stock contest looks like it will come down to the wire, with less than $500 separating the two leaders and $5000 separating no. 1 from no. 5.

The leader coming into today's trading, which will key on GE's disappointing earnings report, is Wave03, who has an all-long portfolio valued at $284,964. The five picks are FCStone ( FCSX), Chattem ( CHTT), Intervoice ( INTV), Apogee ( APOG) and Layne Christensen ( LAYN).

Sparky1 stands in second place, with five shorts that show a value of $284,537. The five shorts are Fannie Mae ( FNM), Freddie Mac ( FRE), Lennar ( LEN), MBIA ( MBI) and Hovnanian ( HOV).

Cramer: One Way to Play 'Beat the Street'

Contestants can follow today's action at Beat the Street, as well as in the Stockpickr forums.

The winner of this week's $5000 prize will be eligible for the next 12 weeks too, and new players can sign up for next week after Friday's close.

This article was written by a staff member of TheStreet.com.

More from Opinion

Tuesday Turnaround: Micron, Autonomous Driving, and J.C. Penney

Tuesday Turnaround: Micron, Autonomous Driving, and J.C. Penney

Cable Stock Investors Should Keep an Eye On Wireless Broadband's Rise

Cable Stock Investors Should Keep an Eye On Wireless Broadband's Rise

Trump Blinks on China Trade War That's Looking Harder to Win

Trump Blinks on China Trade War That's Looking Harder to Win

Monday Madness: GE, China, and Micron

Monday Madness: GE, China, and Micron

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly