Week 2

During this week i started to learn more about different stocks and i started to research companies to try and make better investment decisions. i also learned how to short stocks. At the beginning of the week i invested in MTW at $4.95. My decision was made souly on the fact that they were at the lowest they have been in 3 months. I figured they would start to go up, but this was not the case. I stayed in this stock for a week and a couple of days. At the same time i shorted CHK at $7.37. I made this decision because i read online that they would go down because Total energy acquired
75% of CHK's shares. This stock continued to go down and i made quite a bit of money on it.

Towards the middle of the week the new iPhone 7 came out, i made a good decision of shorting apple stocks. I did this because people want to see something new, and the iPhone 7 did not have anything substantial new on it. The most exciting new thing was the new colors. This stock also made me a bit of money. later in the week i made another bad decision of investing in ACHC at $53.18. At first it was good as it went up to almost $55, i should have sold when it was up becuase it started to drop and continued to drop for almost two weeks.

 At this point i was close to even, as i was making money off of APPL, and CHK and losing money on ACHC and MTW. At the end of the week i covered my short on APPL and CHK because they both started to go up. I also should have sold MTW and ACHC but i stayed in them as they dropped even more. At this point i went back into the red because i had no source of making money.