This company runs the Google search engine and gets funding from other companies who pay to have their company show up first on search results. Alphabet is a very well known giant and it is worldwide with many well-established clients. This company is not going away and shows signs of growth in other markets to stay competitive with other companies. The indicators show a steady annual growth and investors buying stock regularly (see Fig. 4.5.11). Alphabet has great management and Goggle has great brand recognition. Figure 4.5.11 Alphabet 1 year price chart from June 10 Netflix This company runs an online movie rental company that has millions of daily streamers. Netflix is still a growing business and was ranked in the top five for most streamed companies. It has been trying to expand with their own television shows and movies. It has many deals with other companies to run their business with more efficiency and security. It also provides regular updates to keep their services advanced. It has a huge P/E ratio and it has gone down last month, which would make it a good stock to short on occasion. (see Fig. 4.5.12). However, it has a long-term gain and indicators show that it will keep rising at its current pace. The RSI even indicates that it may be slightly undervalued and due to rise. Figure 4.5.12 Netflix 1 year price chart from June 10 Nova Gold Resources Inc.
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
Date Symbol Sell Price Shares Net Cost/ Proceeds Profit/ Loss Cash Total Profit 07/01/16 3 0 07/08/16 AMZ Sell $745.81 200 $149,161 6,694 149,164 6,694 07/08/16 BMY Sell $75.28 500 $37,639 1,888 186,803 8,582 07/08/16 MJN Sell $89.36 500 $44,679 3,533 231,482 12,115 07/08/16 WFM Sell $33.58 1000 $33,579 1,469 265,061 13,584 07/08/16 MSFT Sell $52.30 2000 $104,599 2,578 369,660 16,162 07/08/16 WRB Sell $59.18 1500 $88,769 4,739 458,429 20,901 07/08/16 SHOP Sell $31.00 2149 $66,618 4,146 525,047 25,047 Table 6.6 Week 6 Transaction Record 7 Technical Trading/ Shorting Simulations 7.1 Week 1 This week for technical trading I have been looking for positive trends in stocks and following the news to see if anything major would affect the stocks I have been researching. I tried to buy all of the stocks I have been researching and monitoring the past highs and lows of the stocks to determine the oscillation of the prices day-to-day and figure out which prices to buy and sell them at as seen in Figure 7.1. However, trading every day seems rather unpredictable and makes it hard to predict what will happen day-to-day. I have done a very good job so far in predicting the trends of stocks from weekly analysis as seen in Table 7.1. I bought several stocks based on their indicators signals. The majority of RSIs were close to 70 points, which is the indication to start buying stocks because they were believed to be undervalued. The MACDs also showed that