Rydex S&P mutual fund has gone down 3.35% today and looking at the fund's chart history, it seems that the fund has reached it's peak and will soon begin to drop. However, I will hold off on buying or selling any shares until I am certain that the fund will decrease in price rather than increase. My belief that the Rydex mutual fund stock may eventually decrease can be confirmed in the article "Rydex tightens belt; closes several inverse/leveraged ETFs" by Tom Lydon because it discusses Rydex' choice to let go of 12 leveraged ETFs that have not made any profit for the fund in the past two-and-a-half years. These ETFs could eventually hinder the fund's stock and cause it to lose profit. It is important to keep up to date with our investments because it will allow us to see how the stocks we invested in are doing and if we should continue to invest in these stocks because we will make profit or if we should sell our shares due to lack of profit.
~Courtney Chu~
Sunday, May 2, 2010
Friday, April 30, 2010
What's going on?
As of 12:00 today, the Walmart stock is up .55%. However over the course of the last month, it has gradually been decreasing and since I do not want to lose any more money I will sell my group's shares in the company. Also there is a lawsuit making headlines against the store for sexual discrimination (Forbes.com) so I have a feeling their stock will soon drop as a result of it. According to the article, "Women are only 33% of the company's managers but comprise 65% of hourly employees." We should keep up with our investments to ensure that we are not losing money, and if the stocks are dropping, you will be able to sell them that much quicker.
~Sydney Carlin
~Sydney Carlin
What's going on? MCD
Right now McDonald's is said to decrease for this day, this is because Happy meal toys are now banned by a law to be distributed with happy meals in McDonald's in Santa Clara, this probably led to a smaller demand in food bought from McDonald's, because it probably lost many of their young customers that used to go to McDonald's mostly for the toys. However I would still keep McDonald's because, even thought it has a decrease for this day, when looking at how well it is doing today compared to the past years, it looks like McDonald's is the most then it has ever been for the past five years. Therefore I would keep McDonald's because there is a possibility of it increasing even more, especially if the plan of opening a branch in China pulls through.
-Alexandra Yepifanova
What's going on? KO
The current stock quote for Coca Cola(KO) 53.93, having gone up .21 points so far today. I hold my KO shares, simply because in the last 2 months the value has been in around the same place (it keeps fluctuating between 55 and 53 points). A news article, "The Power of Coke's Durable Competitive Advantage", states that "Coke’s distribution ability, superior management, and excellent product innovation truly make the company a “business castle” with a wide “economic moat”. Coke has consistently shown that it can adapt well. Also, Coca Cola stock may experience a very sharp increase very soon. In the summer, The Coca Cola company plans to release a new product: a fruit drink. This was the primary reason that I bought the KO stock in the first place. The price of Coca cola stock will likely go up in the summer, thus, since i have already have shares within it, I plan to reap the benefits.
--Essowe Tchalim
Friday, April 23, 2010
Mutual Fund Blog
Our group will invest in the Rydex S&P mutual fund because the recent quotes have shown that the fund is earning money. Also many of the holdings in their portfolio are companies we have looked at and are performing well. For instance RYTNX has shares in Apple which has been
Friday, April 16, 2010
Spring Break
I will not invest in the American Dairy Inc. (ADY) stock. In the last month, the price of this stock has decreased by around almost points ( it went from 21.75 to 19.95). When i looked back further into the ADY stock, I saw that this industry's stock has been on the decline for the last 6 months. It also seems that i am not the only one who has notice this. According to the article "SmarTrend Detects Continued Selling Pressure in Shares of American Dairy (ADY)" it seems that "SmarTrend identified a Downtrend for American Dairy". In the last six months ADY has not been doing too well, and as a result buying its stock would not be the most prudent or beneficial decision.
-Essowe Tchalim
-Essowe Tchalim
Thursday, April 15, 2010
Group
After reading several articles about Walmart, our group has decided to invest in the company due to its performance in the stock market. According to the stock quotes, even though the economy is grinding to a halt, Walmart's price has been increasing gradually over the last few years. One article that supports our reasoning to invest in Walmart involves the health care plan. Three companies including Walmart are likely to benefit from the law that recently went into affect. Since it is a a provider of in-store clinics, Walmart will be expanding many of their services to other stores around the nation. Walmart's policies and wages have also put it in a good place. Another article "In a praise of Walmart" states that there is a "big rush to get jobs in Walmart", a primary reason being that it pays employees an average of $10 per hour, which is much higher than the nation's average minimum wage rates.
Based on the article "Best Buy, Wal-Mart win most of Circuit City's share: NPD" by By Andria Cheng, MarketWatch after circuit city shut down wal-mart and best buy have been taking up circuit city's shares. an now more wal-marts are being build on places were circuit city one's stood. also according to the article "analysts said Best Buy is also facing growing competition from Wal-Mart, which continues to increase its expansion in electronics and has told MarketWatch it plans to sell 3-D TVs before the holiday season this year." so and eventhought bestbuy is currently investing in more shares of technology the wal-mart, wal-mark continues to catch up to best buy, for example "Best Buy increased its share of the flat panel television market by 5.2 percentage points, followed by Wal-Mart's 3.2 points. Best Buy also gained 5.5 percentage points in its share of the notebook computers while Wal-Mart reaped 2.3 points."
-Alexandra Yepifanova
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