/biz/ - Business & Finance

I got a trading competition(virtual money) coming where I got 3 weeks to make gains on any stocks in the SP500. I can only buy and sell, no shorting or margins. No options stuff. I'm trying to think of the best strategy. Obviously has to be high risk high reward. Past winners have all made around 30%-50%. Right now I'm thinking of trying to play earnings calls. Just read as much news as I can, read what the company executives are saying, how they are acting to try and get info that way. I reckon if I get lucky and get 7% pumps 5 times during that 3 week period, I might win it. I'm thinking maybe some military stocks are worth looking into and commodities related stuff. Small cap obviously better for riskier plays.

I also wonder how wild the earnings are compared to previous years since there has been a lot of uncertainty in the air which should provide for some nice volatility.