NASDAQ- the NASDAQ opened at 2,162.41 and on Friday closed at 2,154.47 On Monday had a high of 2,180.11 and had a low of 2,150.42. On Friday it has a high of 2,190.48 and a low of 2,149.35.
S&P 500- On Monday the S&P 500 opened at 1,088.22 and on Friday closed at 1,079.60. It had a high of 1,101.36 and a low of 1,074.31. On Friday, it had a high of 1,095.83 and low of 1,075.60.
DJIA- In the start of the week, the DJIA opened at 9,996.67 and at the end of the week closed at 9,972.18. Its high on Monday was 10,146.61 and low was 9,967.49. On Friday its high was 10,138.59 and low was 9,908.70.
Tuesday, October 27, 2009
Monday, October 26, 2009
What's happening to the Economy? Oct. 19-23
Recession makes retiring at 65 harder
We are facing retirement Crisis!!!
On October 23, 2009 studies say retiring at the age of 65 is hard to do when you might not have enough money. At center for retirement research at Boston college analysis tested that 51% are at high risk to retire at the age of 65. They would not get enough money to able to retire. These days people are using there retirement money to pay out there bills or housing. The new age to retired at is the age of 67. The people need to understand how to do the financial choices. Retiring is not impossible, you need to plan things out clearly.
We are facing retirement Crisis!!!
On October 23, 2009 studies say retiring at the age of 65 is hard to do when you might not have enough money. At center for retirement research at Boston college analysis tested that 51% are at high risk to retire at the age of 65. They would not get enough money to able to retire. These days people are using there retirement money to pay out there bills or housing. The new age to retired at is the age of 67. The people need to understand how to do the financial choices. Retiring is not impossible, you need to plan things out clearly.
Review of Our Portfolio: October 19-23
On October 19th we decided to invest in Microsoft because we knew that the new program, Microsoft 7, was coming out on the 22nd and was anticipated to be financially successul for Microsoft. We bought 900 shares at $26.82/share. On October 21st we also decided to invest in Apple with the assumption that the release of the new magic mouse would be very successful as well. We bought 200 shares at $212.23/share including a limit price at $230.00.
Magic Mouse
I was reviewing an article about Apple's new Magic Mouse, and the technology involved in the mouse astonished me. Apple used it's Multi-Touch technology which was used on the iPhone, Ipod Touch, and MacBook Pro. This touch mouse lets you interact with the mouse just using gestures. The Magic Mouse comes with every new iMac computer, but you can also add it to any Bluetooth. If you would want to buy this mouse seperatly, it would be just $69.
The Multi-Touch area covers the top of the mouse allowing you to click, scroll, and swipe through anything on your computer. Inside of the mouse, there is a small chip which tells it exactly what you want to do. The mouse will not confuse a scroll or a swipe, and it even knows when you are resting your hand on it.
The Magic Mouse uses laser tracking which is more sensitive and responsive to more surfaces than normal optical tracking. You can set this mouse down any where and use it without a mouse pad.
This mouse has a wireless and connects via Bluetooth, so there is no cords to get in the way. The Magic Mouse works from about 33 feet away. When you combine the wireless keyboard and this mouse, you create a workspace free of cords.
There is a button that is easy to access on the side, so you can conserve battery when you are not using it. The Magic Mouse manages power efficently by knowing when it is being used or not.
Friday, October 23, 2009
Review on Microsoft 7
The article I reviewed was featured on usatoday.com. It was called "Upgrades lower Microsoft profit, but results beat forecasts". The article stated that on Friday Microsoft's net income fell 18% in the last quarter because it deferred revenue when it let summertime PC buyers get free upgrades to Windows 7, which was released this week.
Investors looked past the accounting decision because if it had counted its deferred Windows revenue, Microsoft's earnings would have increased 8% from last year witht he help of big cost cuts.
The article also stated the upgrade program, which let people buy a PC with Windows Vista and later install Windows 7 for free, meant that Microsoft counted only half of its Windows sales in the period.
Because analysts now think many businesses will start buying new computers and other technology again in the middle of 2010, our group invested in Microsoft with the assumption that the new program would be successful after it was released on October 22, 2009.
Investors looked past the accounting decision because if it had counted its deferred Windows revenue, Microsoft's earnings would have increased 8% from last year witht he help of big cost cuts.
The article also stated the upgrade program, which let people buy a PC with Windows Vista and later install Windows 7 for free, meant that Microsoft counted only half of its Windows sales in the period.
Because analysts now think many businesses will start buying new computers and other technology again in the middle of 2010, our group invested in Microsoft with the assumption that the new program would be successful after it was released on October 22, 2009.
Review of Market Oct. 12-16
NASDAQ
On October 12 the NASDAQ open at $2145.65 and close at the end of the week on October 16 with $2,156.80. It only went up a few. It took a pretty hit on it.
DJIA
In the week on October 12-16, it open up with $9,865.24 and ended with $9,995.91. It didn't go up that much. In general the DJIA stock didn't go up very much.
On October 12 the NASDAQ open at $2145.65 and close at the end of the week on October 16 with $2,156.80. It only went up a few. It took a pretty hit on it.
DJIA
In the week on October 12-16, it open up with $9,865.24 and ended with $9,995.91. It didn't go up that much. In general the DJIA stock didn't go up very much.
S&P 500
The week of October 12-16 of S&P 500 price open up $1,071.63 and close at $1,081.53 on October 16. It is just like the DJIA stock. It didn't go up that much either.
Monday, October 19, 2009
USA Today Report Oct. 12-16
Could rising oil prices stunt stock rally?
On October 16, 2009, in USA Today the investors may be happy to see the stock prices hitting high this year, but there is something else is soaring that's a bit scary. It is the oil prices.The investors have strong global demands for cars and idled production facilities.
The price of a barrel of oil has jumped more than $76 for this year. It have staggering 76 percent rise in 2009. It gain the stock 20.4 percent increase this year.
The most problem is that the last time that oil was high was late 2007. The oil are going up again. Some people are wondering if rising oil prices are the potential for this market rally.
The investors wonder will rising the oil prices could affect the stocks. They would be watching to see if the oul prices jump or not.
On October 16, 2009, in USA Today the investors may be happy to see the stock prices hitting high this year, but there is something else is soaring that's a bit scary. It is the oil prices.The investors have strong global demands for cars and idled production facilities.
The price of a barrel of oil has jumped more than $76 for this year. It have staggering 76 percent rise in 2009. It gain the stock 20.4 percent increase this year.
The most problem is that the last time that oil was high was late 2007. The oil are going up again. Some people are wondering if rising oil prices are the potential for this market rally.
The investors wonder will rising the oil prices could affect the stocks. They would be watching to see if the oul prices jump or not.
Review of Our Portfolio: Week 1 (Oct. 12-16)
In the first week (Oct. 12-16), we still have not bought anything. We are going to invest in stocks and possibly mutual funds this week. Our starting $100,000 is now at $100,054.79 because our account is earning interest. We were thinking of ideas on what company to buy. We concluded that we were going to buy Microsoft because of Windows 7 coming out. Also we were sort of iffy about investing in Apple just because of how expensive it was. We came to the conclusion that we were going to invest in it, even though the price of the stock was so high. We figured the price would soar even more because of Christmas coming, and the lowering of the prices of their products.
Monday, October 12, 2009
Thursday, October 8, 2009
Edublog Post
This is a student group project using blogger as a reflection tool of the stock market.
http://edublogawards.com/
http://edublogawards.com/
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