Experience With the Stock Market Game

Throughout the stock market game, there was a numerous amount of things that I did to try and help our team to succeed or exceed expectations. Throughout the 10 weeks, I wrote several blog posts including information on almost everything that has to do with the economy and the companies that we purchased stock in. I tried to make the posts as detailed as possible while trying to keep them limited in length. I also commented on other people's blog posts which I would try to provide the person with a uplifting comment but yet some remarks to help enable the person to write better posts for the next week.

If I was given the opportunity to contribute to the Stock Market Game or perhaps in real life, I would do some things the same. I believe that our way of researching the stock before buying was a good idea, in which we would watch to see how a stock was doing before buying stocks in it. I also thought that by purchasing stock in certain companies during certain holidays was helpful. By purchasing stock from companies that produce services or products that pertain to a certain holiday that was coming up, we could buy the stock while it was low and sell after the holiday was finished after the stock of that company went up.

There are some other things that I would change if I was given another chance to participate in the Stock Market Game. First, I would change the companies in which we purchased stock in because we appeared to lose quite a bit of money due to the unsuccessfulness of the stock after we bought it. I also would have liked to have changed how much and when we got rid of stock becuase after selling some stock off, it appeared to have went up, which limited our potential income that we could have gotten.

I learned quite a bit about the stock market and how hard it is to judge when a stock will either go up or down. I learned that a key to achieving success through the stock market is to research a stock as much as u can, and then purchase it only if you believe that it will do good for you. I also learned that the stock market cannot be predetermined by anybody really. The best hope is to research the stock until your satisfied with the what you see and then hope that the stock does what you believe it will.

Review of What Kyle Kranzusch Did!

I contributed greatly to our group. I did one or two blogs every week and a comment. Our group spilt up the work fairly and equally.

I learned that you can lose a lot of money in the stock market game. I also learned how to short sell stocks.

If I were to do the stock market game again I would change a few things. First, I would research the company more before purchasing it. Second, I would try short selling more stock. Third, I would invest in mutual funds.

I would not keep anything the same because it didnt work!

New Products

Hershey has always been coming up with new products and projects that people can experience for a limited time. Now hershey has brought up this new taste to an old candy. Hershey has announced that they have developed a new taste called Hot Cocoa Creme, which they have made into their famous kiss candies. This new version of the candy is also being followed by Hershey's Special Dark Chocolate with Almonds and their candy cane mint kisses which will help people be able to celebrate the Christmas holiday a little more sweeter now.

Ben's Review

Through my experience with the stock market game I learned a few valuable lessons about the stock market. For one, I realized that it is not a very good idea to make impulse buys without doing research on the company first. As far as the blogs go, all three of the group members contributed equally. We would divide the four required posts amongst ourselves each week and I would always do one or two posts plus the comment. I would not change anything about the stock market game; I thought it ran smoothly and taught me about the stock market. I would keep everything the same as it was easy to use and worked well.

Market Review Dec 14-18

The Dow Jones Industrial Average Started the week at 10,501.04 and ended the week at 10,328.88.



The NASDAQ started the week at 2,212.10 and ended at 2,211.68.



The S&P 500 started the week at 1,114.11 and ended at 1,102.47.

Portfolio Review Dec. 14-18

Last week in the stock market game we had another down week. We finished the contest with a total of $88,648.93 and were ranked 862. Once again, Hersey had a terrible week and went down another few hundred dollars to a total loss of 4,963.06. Conagra and Pepsi had consistant weeks and did not move much at all. We short sold 100 shares of CEO stock this week. The company only lost a slight amount of money so we gained 79.51.

Competition

Our most competitive company is Kraft. Kraft continues to do pretty good starting the week off at 26.97 and ending the week at 27.01. They had a spike in their stock on wednesday going up to 27.15, which was their highest point. Our companies did pretty good themselves apart from Hershey who did terrible last week starting out at 36.13 and continuing to decrease throughout the rest of the week and ending at 35.29. Our other stocks didn't do so great but did not fail so much like how Hershey did.