The week of October 19-20, 2009 ended negatively for the S&P 500. They started off with a value of 1088
Wednesday, October 28, 2009
Stocks lower as new home sales fall
The housing market has seen bettter days. But this year it seemed like it might be picking up again, until recently. Stocks recently fell as the sales for new homes fell. Investors are caution about investing in the housing market because of its bad luck and recent drop. The housing market could be in serious trouble if it doesn't start to go up. Investors need to believe in the market. Also the buyers should be more responsible, they are the reason we are in this mess.
Portfolio (Week 2)
During the week of October 19-23, 2009 our group did not buy any stocks. Throughout this week, we kept all of our money in our bank account. At the end of the week we gained a .13% interest and ended with $100,131.55. We still have not decided which company to invest in, but we are cutting down our options by setting specific guidelines. By next week, we will have invested in a successful company.
Friday, October 23, 2009
The Economy
The current state of the economy is down. Most numbers are in the negatives. Nasdaq is around -9, S&P 500 around -14. Only one is not in the negatives, 10 yr T Note which is staying right around 0
Market Review (Week 1):
The week of 10/12/09 to 10/16/09 ended on a good note for the S&P 500 when the market value was 1087.68 on the 16th. The best day of the week was Thursday, after the market rose above 1096. In addition to this, DJIA also had a very successful week with a week-ending value of 9955.19. This increase was fairly good compared to the 9885.75 value that the DJIA had in the beginning of the week. As it was with the S&P 500, Thursday was also represented a good day for the DJIA with the value rsing above 10,000 for that day. While not having the as good advances as the S&P 500 and the DJIA, the NASDAQ also ended the week on a positive note. It started the week with a value of 3193.13, and it ended with 2156.80. Thursday was also a good day for the NASDAQ, where it reached a value of 2173.29. Overall, the stock market did great this week, and maybe even provided investors with hopes of our recession coming to a gradual end.
McDonalds profits rise 6%
Some companys are seeing an increase in their business, eventhough the economy isn't the greatest. McDonalds saw a 6% profit raise recently. The major factor was the addition of a new type of burger that people love. not all aspects of the company grew as much as the profit though. The revenue didnt quite make it to the expectations it had, only rising 2%. This article shows that even in harder times companies will still comtinue to grow with new products, and being able to connect with what people want is a sure way to succeed.
Monday, October 19, 2009
Portfolio - 1st Week
During our first week of the Stock Market Game, we kept all $100,000 invested in a banking account. Over this week period, the account gained a .09% interest. After this week period, we had an overall of $100,093.16. Danny, Marcus and I (Tyler) never decided on which corporations we wanted to invest in, we figured that within the next week we would start narrowing down which would be the best investments and buy shares. So since we have no stocks recorded yet, there is no financial records to report on.
Monday, October 12, 2009
Tyler's Comments
Week 2
Week 3
Week 4
Week 5
Week 6
Week 7
Week 8
Week 9 -http://ourstockportfolio.blogspot.com/2009/12/netflix-rumors.html?showComment=1261342077293_AIe9_BH60ZTFHGCQdkEUuIkdm6eWD-7n_THSzQnCOCG9FeyLQHyCk3UNkcU0vv3IOjHX4pjskouReEFoXKW230i8HHI7JUF5wkDg0HD2Z68U5OOuLRCY9WMGA31JDl-lLx-WbiATObYkLQLTnu-k-7MJr3eMrW77C_CfuSXkZKVJqCBqgPOu5QQVAYxBcwjeNgHI415IUNO2DtOn6fFXmE43pRczV4ESV6DBy-WCdU6u_VKWVnfTJ7U#c3030528543414221180
Week 10
Week 3
Week 4
Week 5
Week 6
Week 7
Week 8
Week 9 -http://ourstockportfolio.blogspot.com/2009/12/netflix-rumors.html?showComment=1261342077293_AIe9_BH60ZTFHGCQdkEUuIkdm6eWD-7n_THSzQnCOCG9FeyLQHyCk3UNkcU0vv3IOjHX4pjskouReEFoXKW230i8HHI7JUF5wkDg0HD2Z68U5OOuLRCY9WMGA31JDl-lLx-WbiATObYkLQLTnu-k-7MJr3eMrW77C_CfuSXkZKVJqCBqgPOu5QQVAYxBcwjeNgHI415IUNO2DtOn6fFXmE43pRczV4ESV6DBy-WCdU6u_VKWVnfTJ7U#c3030528543414221180
Week 10
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