and weekly intervals. My moving averages were generally used to help me determine a buying price for the stocks. However, the MACD helped provide me with the general trends of the companies and how they may perform over the next three months. I only bought a few stocks because it is very important to choose when you buy and sell a stock that you keep for a term investment as shown in Table 6.1. For these stocks, I am trying to buy on the opening and closing positions of the stocks because I am trying to take advantage of daily trends, i.e. looking for investors to sell and drive the price of the stock down. There wasn’t any material news this week that I thought would affect the stock prices I have been watching. My companies have been on a normal routine and there are no warning signs for any of the stocks that I have picked for my portfolio. One thing I really looked for in choosing my stocks was the trends from the previous month and week. If it had a large increase then I decided to wait until it falls and buy it at a lower price. The other stocks seen below show small rises or minor losses, which led me to believe they would go up if they were about even, due to the fact that they all are estimated to grow. buy/ Net Cost/ Profit/ Total Total Date Symbol Price Shares Sell Proceeds Loss Cash Profit 500,000 05/31/16 Buy 357,533 05/31/16 AMZN $712.33 200 $142,467 Buy 321,782 05/31/16 BYM $71.50 500 $35,751 Buy 280,636 05/31/16 MJN $82.29 500 $41,146 Buy 248,526 05/31/16 WFM $32.11 1000 $32,111 Table 6.1 Weekly Transaction Record 6.2 Week 2
and weekly intervals. My moving averages were generally used to help me determine a buying price for the stocks. However, the MACD helped provide me with the general trends of the companies and how they may perform over the next three months. I only bought a few stocks because it is very important to choose when you buy and sell a stock that you keep for a investment as shown in Table 6.1. For these stocks, I am trying to buy on the opening and closing positions of the stocks because I am trying to take advantage of daily trends, i.e. looking for investors to sell and drive the price of the stock down. There wasn’t any material news this week that I thought would affect the stock prices I have been watching. My companies have been on a normal routine and there are no warning signs for any of the stocks that I have picked for my portfolio. One thing I really looked for in choosing my stocks was the trends from the previous month and week. If it had a large increase then I decided to wait until it falls and buy it at a lower price. The other stocks seen below show small rises or minor losses, which led me to believe they would go up if they were about even, due to the fact that they all are estimated to grow. Date Symbol buy/ Sell Price Shares Net Cost/ Proceeds Profit/ Loss Total Cash Total Profit 05/31/16 500,000 05/31/16 AMZN Buy $712.33 200 $142,467 357,533 05/31/16 BYM Buy $71.50 500 $35,751 321,782 05/31/16 MJN Buy $82.29 500 $41,146 280,636 05/31/16 WFM Buy $32.11 1000 $32,111 248,526 Table 6.1 Weekly Transaction Record 6.2 Week 2 term
IQP_1610_Michael_Hellmich.docx