Thursday, September 22, 2011

Week 1(:

Stock:The shares of a particular company or corporation.
There are many stocks on the market, including, Nike, Goodrich, and Buckle.
Bonds: A certificate of a specified portion of debt due to be paid by government.
Powell High School was built with the help of bonds.
Dow Jones: Thirty blue-chip stocks listed on the new york stock exchange(how the market is doing)
Today, the Dow Jones was up $37.65.
Equity: The market value minus the expenses.
Before you can gain equity in your house, you have to fix repaires to see how much money you spend on it.
Transaction: I bought GR(Goodrich)at $105.70 because the 52 week range was $70.39-$122.33. At the point of my purchanse, it was close to the middle of the range, thus I know it has great room to grow. Today when I looked at this stock, it was $121.75, towards it's high. Because of this, I know it will surpase it's 52 week range. I know this because, Goodrich bought one of their greatest competitors, United Technologies, taking them off the board and now GR has one less threat. Since GR bought United Technologies, they have gone up and will continue to go up. I chose GR because it has the highest trading price compared to it's competitors and it's 52 week range has an higher price so I will make more money with GR then it's competitors.

1 comment:

  1. make sure you include a price prediction. Actual dollar increase! Nice job

    ReplyDelete