1.) This week our only transaction was buying 1,180 shares of EDZ for $16.48. It peaked monday and we were up 14.6%. We chose to keep it and currently we are losing 1.88%.
2.) S&P 500- started the week at 1303.13 and ended at 1,335.81
NASDAQ- started the week at 2726.90 and ended at 2,815.64
DJIA- started the week at 12165.43 and ended at 12,475.11
3,) Various stocks from Wisdom Tree, such as ETF, went down 0.94%. Another Wisdom Tree stock , DEM, went up 3.45%. Overall, they average an increase of ~1% this week. EDZ went down 1.88% this week.
4.) The stock market this week went up about 1%. This is because the economy is improving. This week, the number of people who applied for unemployment is the lowest that it's been this year.
Thursday, April 21, 2011
Friday, April 8, 2011
Week 4
Here are a couple of things that we did and also a quick review of the stock market are as follows:
Though out the week we bought and sold a number of stocks depending on how good\bad they were doing at that moment. After looking at their graphs and the 52 week high\low we either perchased them at what we thought was a low point or sold at a high point. A few examples of this would be: TSL (buy) - $28.47, WMT (buy) - $52.70, MELI (buy) - $84.03 (sold) - $85.74
This month the Dow Jones Industrial Average for the NYSE has been consistently climbing. This week though it has plateaued, and since congress can not agree on a federal budget most federal things will be shut down on Saturday until they agree on a budget. This is a sure sign that the stock market will drop since people will be in a frantic selling frenzy.
TSL, our highest gainer this week, is now ranked second in overall output of solar energy materials in the world and the are second most profitable solar energy company in the world. As stated in this article: http://www.solarnovus.com/index.php?option=com_content&view=article&id=2573:how-green-is-the-solar-industry&catid=41:applications-tech-news&Itemid=245 they are doing well, but the overall solar energy is not as green as it seems. What it takes to make these panels is almost just as bad as burning fossil fuels instead of using them.
Though out the week we bought and sold a number of stocks depending on how good\bad they were doing at that moment. After looking at their graphs and the 52 week high\low we either perchased them at what we thought was a low point or sold at a high point. A few examples of this would be: TSL (buy) - $28.47, WMT (buy) - $52.70, MELI (buy) - $84.03 (sold) - $85.74
This month the Dow Jones Industrial Average for the NYSE has been consistently climbing. This week though it has plateaued, and since congress can not agree on a federal budget most federal things will be shut down on Saturday until they agree on a budget. This is a sure sign that the stock market will drop since people will be in a frantic selling frenzy.
TSL, our highest gainer this week, is now ranked second in overall output of solar energy materials in the world and the are second most profitable solar energy company in the world. As stated in this article: http://www.solarnovus.com/index.php?option=com_content&view=article&id=2573:how-green-is-the-solar-industry&catid=41:applications-tech-news&Itemid=245 they are doing well, but the overall solar energy is not as green as it seems. What it takes to make these panels is almost just as bad as burning fossil fuels instead of using them.
Friday, April 1, 2011
1.) This week we bought APOL at 40.40 and it went up to 42.04 and we have made 392 on it. We bought it because it went down 7% the previous day. We also sold NAV at 37.88 and we bought it at 35.92. I sold it because we were making 8% on it.
2.) the NASDAQ started at 2750 this week and went down monday but shot up to 2800 by the end of the week
The S&P 500 started at 1315 and followed the same trend as the nasdaq and ended the week at 1336.
DJIA started at 12234 and followed the same trend as the nasdaq ending the week at 12405
3.)The economy went up this week. The stock market in general went down on monday but went up steadily all week and ended about 1.5% higher than it was when it started.
4.) this week HPQ came out with a new type of printer that prints at nearly twice as fast as the previous record holder.
2.) the NASDAQ started at 2750 this week and went down monday but shot up to 2800 by the end of the week
The S&P 500 started at 1315 and followed the same trend as the nasdaq and ended the week at 1336.
DJIA started at 12234 and followed the same trend as the nasdaq ending the week at 12405
3.)The economy went up this week. The stock market in general went down on monday but went up steadily all week and ended about 1.5% higher than it was when it started.
4.) this week HPQ came out with a new type of printer that prints at nearly twice as fast as the previous record holder.
Subscribe to:
Posts (Atom)