Bona Fide Investments
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Transcript of Bona Fide Investments
Bona Fide Investments
Joel Gembala, Miguel Padilla, Gustavo Rivera-Aldana, Andrea Tecson172A, Sec 01
Decision Process❖ Week 1:
➢ Highest weighted sectors in the S&P 500
➢ Technology, Financials, Health Care, Consumer
Discretionary, Energy.
❖ Week 2 - 10
➢ Intuitive process based on information in the news.
❖ Week 11 - 12
➢ Dow Jones Industrial Average based on the winner of
the election.
Tools Used ❖ Yahoo Finance
❖ MarketWatch
❖ Fidelity
❖ Bloomberg Lab
❖ Other Sources
➢ News, Media, Articles
❖ Resistance Levels
Security StocksInitial Portfolio
❖ Apple (20.39%)
❖ Sherwin Williams (16.90%)
❖ JP Morgan (20.43%)
❖ Cimarex Energy Co (20.08%)
❖ Johnson and Johnson (21.04%)
❖ Smith and Wesson (1%)
❖ Cash (.07%)
Week 12❖ Chevron Corporation
➢ 8.26%
❖ General Electric
➢ 12.28%
❖ Goldman Sachs
➢ 31.71%
❖ Lockheed Martin Corporation
➢ 26.41%
❖ Morgan Stanley
➢ 12.14%
❖ Cash
➢ 9.19%
Highest Performing StocksGS - 5313.50
NFLX - 3900
TSLA - 2301.30
MS - 1884
FB - (2893)
BABA - (1329)
XEC - (1126.50)
PLT - (844)
Lowest Performing Stocks
Conclusion❖ Initial strategy did not work.
❖ We adapted quickly in week two
➢ Began selling underperforming stock such as XEC and WMT
➢ Began buying stocks in the news with good prospects such as AAPL and TSLA
➢ Payed attention to earnings announcements and reacted quickly
❖ Presidential Election
➢ Waited and moved on our assumptions to take advantage of momentum
❖ We started slow, but by changing our strategy we were able to advance from 11th place to 1’st place in the MarketWatch Game.