Investing & Trading Day 4 - Clark May II
On Thursday, we focused on researching companies and testing our strategies. In the morning, we found two companies that were in the same industry and sector, and then we compared them to each other to determine which would be a better investment. Using financial statements, important numbers such as EPS, P/E Ratio, Debt, P/B Ratio, and news about the company, we concluded what company had a stronger outlook for investing. Afterwards, we did technical analysis to determine what would be a good price, and to find if it was at a good buy point. This project helped us further understand concepts we had learned earlier in the course, and taught us how to actually apply the strategies we learned. In the afternoon, we further worked on our strategies and actually backtested our own. We used popular companies, for example AAPL, SPY, etc, and tested our strategies to determine how successful they were. Whenever our strategy was triggered, we bought (or shorted) the s...