Week 1: At the end of each week from week 1 to week 6 (by Sunday at Midnight CST), you are expected to provide a discussion of why the stock market behaved as it did during the week(October
Week 1:
At the end of each week from week 1 to week 6 (by Sunday at Midnight CST), you are expected to provide a discussion of why the stock market behaved as it did during the week(October 17th to 21st October 2022) and how your StockTrak portfolio performed under these market conditions. For each entry, you can write it like a two-part (paragraph) blog post: part one why the stock market behaved as it did during the week; and part two how your portfolio performed under these market conditions. For week one, since you may not have built a larger portfolio and just made several trades, part two can be a short and brief description of your motivations for making the trades and how they performed following your transactions.
StocTrak: Its a play trading tool where you buy stocks funds with Dummy Money.Intially each student will be given 1000000$ and need to trade weekly until the end of the semester.
My Protfolio This week:
1)DE-John Deere-100 Shares (Agricultural and Manufacturing Sector)
2)Amazon-200 SHares (E commerce sector)
3) Tesla -200 Shares (EV Automobile Sector)
4)Save-Spirit Airlines-400 Shares (Air Line Sector)
Invested in 4 different Sector in this week.
Results of my stocks this week:
Portfolio Increased by 0.21%,Portfolio Value increased by 2098$.
Please find attached document regarding my invests and portfolio this week.
Tasks to be done:
1)provide a discussion of why the stock market behaved as it did during the week(October 17th to 21st October 2022)-Give 1 to pragraph whats going on in this week Market Conditions
2)part two how your portfolio performed under these market conditions.(1 pragrah enough -as this first week there no big changes in portfolio)
Beginning of the week each Individual id given 1000000$.I invested in the above companies.After Buying the stocks I have 888,920$.This week My portfolio increased by 2098$.Portfolio increased by 0.21%
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