VOCABULARY-
Economic Index- Statistical measure of changes in a representative group.
*The economic index is very good today.
Depreciation- Decrease in values of assets
*The car has a depreciation rate as soon as you drive it off the lot.
Gross Margin- Difference between revenue and costs before accounting for other certain accounts.
* The gross margin this year was bad because we lost money.
Earnins Per Share- earnings per each outstanding share.
* The earnings per share on walmart stock is going up.
JOURNAL-
This week the 2 stocks that i decided to trade are Nike (NKE) and Pfizer (PFE.) First we will talk aboout Nike. The 52 week information for Nike is 69.43-97.68. Currently it is trading at $95.17 per share. I bought 50 shares of it. Since it is close to its 52 week high i believe that i am going to sell it now. Some competitors of Nike are Champion (CHMP.) They make shoes and also they make athletic clothing. So they are strictly just not shoes. I believe Nike is a better company to invest in because they also make all kinds of sports shoes so people are buying them every time of the year. The other company that i bought Pfizer (PFE) i just typed in p in the symbol lookup and clicked on it and bought some shares of it. I didn't even do any research on it. The 52 week information for Pfizer is 16.42-21.45. Right now it is selling at $19.89 per share. I traded 50 stocks at $19.00 per share. I did do some research on this stock and what it is is the largest research based pharmeceutical company. And i think that i will sell it soon since it is getting towards the 52 week high. So pretty much these stocks were both trades.
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