1. Throughout the week we have done very few things. However, the changes that we did make are substantial. We sold off most of the stocks that were doing terrible since a few sites such as ChinaAnyalist.com told us to sell the stocks because they would keep going down. Some of the stocks we purchased were: SCO, URBN, BAC, SCHL, QID, SSG, BBY.
2.The NASDAQ climbed at a steady pace this week along with the S&P 500. Most likely because of the rebounding economy of japan since the earthquake.
3. The economy is rebounding from the earthquake and the tsunami which hit japan over the past week.
4. The companies listed above ^^ have no real new things to report on except BAC. Bank of America is attempting to lower some of the interest rates on their high interest loans that they have given out to unsuspecting customers.
Friday, March 25, 2011
Tuesday, March 22, 2011
week 3
1.) This week we bought ANF at $55.08 because it appeared to be in an upward trend. We also sold AAPL at $360.67 because it looked like it was peaking. We also got a $0.06 dividend on BXDD.
2.) DJIA- started the week at 11997.94, dipped throughout the week to a low of of 11562.75, ended at 11849.13
S&P 500- started at 1197.96, dipped to a low of 1250.49, ended at 1277.67
NASDAQ- started at 2706.94, dipped to a low of 2603.99, ended at 2643.67
5.) Throughout the week, Aapl went up steadily 3.5% from where it started at the beginning of the week while one of its competitors, msft, slowly went down 2% from the start to the week to the end. Dell saw similar success to aapl and went up 2%.
7.) The economy this week started at a relatively high point and went down throughout monday and tuesday and finally saw it's low point mid-wednesday. It the went up throughout thursday and friday and ended just lower than where it started monday.
2.) DJIA- started the week at 11997.94, dipped throughout the week to a low of of 11562.75, ended at 11849.13
S&P 500- started at 1197.96, dipped to a low of 1250.49, ended at 1277.67
NASDAQ- started at 2706.94, dipped to a low of 2603.99, ended at 2643.67
5.) Throughout the week, Aapl went up steadily 3.5% from where it started at the beginning of the week while one of its competitors, msft, slowly went down 2% from the start to the week to the end. Dell saw similar success to aapl and went up 2%.
7.) The economy this week started at a relatively high point and went down throughout monday and tuesday and finally saw it's low point mid-wednesday. It the went up throughout thursday and friday and ended just lower than where it started monday.
Tuesday, March 1, 2011
Week 2
Tuesday
1. Today we started off by buying NOAH because of their down word trend and their tendency to expand and grow. We purchased them because they were down at a low point, but the they were also a top pick for the best stocks of the week.
2. We have gone up in % this week so and we have decided to get rid of the stocks that are doing bad. So this stock looked amazingly promising!
3 & 4. SEE ABOVE
5. Competitors were difficult to find, but from the information I gathered, I found that they are very few competitors and their market is very small.
Wednesday
1. Sam and I got SKUS when it was at a considerable low point and the stock has since gone up a considerable percentage.
2. We sold much of the stock that was doing well such as NOAH and SFUN which where either making a significant amount, or broke even so as not to lose a large sum of money.
6. None to speak of. No company breakthroughs in ANY of the companies that we currently own.
7. The market was doing very well on this day so those stocks that we were doing very well on such as NOAH we sold off immediately.
Thursday
Today stocks plummeted down to an extreme low because of rising oil and gas prices.
In short we do not have much to report today. Our stocks took a major crap and thus we lost a lot of money.
On this day we also purchased a few stocks such as SWKS that were at a low point and there was a high promise that it would go up.
Friday
Stocks today were neutral for our stocks. We stayed consistent and did not buy or sell anything. Although, we did attempt to sell GFC today but to no luck as they did not go anywhere for us.
The market today closed at a little higher point so it was not so smart to buy or sell.
In conclusion the market did basically nothing today just as we did.
1. Today we started off by buying NOAH because of their down word trend and their tendency to expand and grow. We purchased them because they were down at a low point, but the they were also a top pick for the best stocks of the week.
2. We have gone up in % this week so and we have decided to get rid of the stocks that are doing bad. So this stock looked amazingly promising!
3 & 4. SEE ABOVE
5. Competitors were difficult to find, but from the information I gathered, I found that they are very few competitors and their market is very small.
Wednesday
1. Sam and I got SKUS when it was at a considerable low point and the stock has since gone up a considerable percentage.
2. We sold much of the stock that was doing well such as NOAH and SFUN which where either making a significant amount, or broke even so as not to lose a large sum of money.
6. None to speak of. No company breakthroughs in ANY of the companies that we currently own.
7. The market was doing very well on this day so those stocks that we were doing very well on such as NOAH we sold off immediately.
Thursday
Today stocks plummeted down to an extreme low because of rising oil and gas prices.
In short we do not have much to report today. Our stocks took a major crap and thus we lost a lot of money.
On this day we also purchased a few stocks such as SWKS that were at a low point and there was a high promise that it would go up.
Friday
Stocks today were neutral for our stocks. We stayed consistent and did not buy or sell anything. Although, we did attempt to sell GFC today but to no luck as they did not go anywhere for us.
The market today closed at a little higher point so it was not so smart to buy or sell.
In conclusion the market did basically nothing today just as we did.
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