Vocab 1

overhead expenses - Used to group expenses that are necessary to the continued functioning of the business but cannot be immediately associated with the products/services being offered.
production cost - the cost to have a consumer good made.

short sell - selling a stock that you don't own. The short seller gets basically gets a loan from the company that they short sell. If the price of the stock drops, the seller short covers the short sell and they get to keep the money from the loan without interest.

Mid cap- when a company makes in between $2 billion to $10 billion dollars.
Mid cap companies are less likely to file for bankruptcy than small cap companies

Large cap- companies that have a market cap between $10 and 200 billion dollars
The large cap company Apple makes many of the products used by many U.S. citizens

Mad Money

The video that we watched today was saying that if the prices in stock that you own drop that you shouldn't panic and sell the stocks but watch them and do some research on current events. If the price for your stocks takes a huge drop, buy some more.

Week 5 transactions

#1 the first transaction I made was Index pharmaceuticals. Pharmacy companies are always being used because there's always something wrong with someone. I bought 920 stocks at $11.77 and it has risen to 11.91. I plan to see it this stock will continue to rise or if it has reached the end of its high swing.

#2 the second transaction was selling Google. I had bought it earlier but it was near the end of its high swing and stated to drop so I sold it before I lost too much money. I sold it at 603 after buying it at 610.

Week 4 transactions

#1 the first transaction I made this week was with amazon I had short sold amazon earlier while it was at $184.87. With valentines day ending, it quickly dropped to $179.67. I bought to cover and made a profit of about $140

#2 the second transaction I made was with RPC. I honestly don't know what it does but I looked at its 52 week range and it was kind of low. I bought 350 stocks for 14.94 each and it has risen to 16.32 and I have made a profit of 484 dollars. It has continuedn to grow in price so I plan to hold onto it.

Valentines Day

I thought that the tax article had a little bit of good info on the increased pricing but could have told exactly why things had huge tax increases instead of just saying that there was.

The second article I thought was pretty useless. It was just letters from kids who wanted to complain about Valentines Day and what it meaning is. There was no info in the letters about why Valentines day is "over-commercialized", just people complaining that it is.

Week 3 Transactions

#1 The first transaction I made this week was with 52 shares of Amazon. I looked at the price for it and it was at $194.91. This is close to its 52 week high so I short sold it. It fluxuated going to $193 down to 189.46 for about a week then it dropped down to 177.26. This is around it's 52 week low so I decided to "buy to cover" the shares that I owned. With this transaction I made a little under $1000.

#2 The second transaction I made this week was with Amazon again. After I bought to cover them at 177.24, I bought the stocks immediately afterwards. Amazon is notorious for Have large fluctuations in its price and I saw this as an opportunity to make more money off of this stock. I've held onto it for about 9 days and it has risen to 187.68.