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Summary Report of All Trades: During the course of the course trading project, my portfolio returned a -4.74% return on equity investments over the contest duration. During that time period, I made a total of six trades – 5 buys and one sale. The stocks that I purchased for my trading assignment were: OMX - OfficeMax Incorporated YONG - Yongye International Inc AAPL – Apple, Inc…
I chose these stocks as a foundation for a diversified portfolio and would like to build positions in each company for long-term holdings targeting 5-10 years. With the exception of Yongye, these stocks are all industry leaders and corporate entities with large asset bases and established business/consumer products. I chose these stocks because I believe that they should not only outperform the market but also limit downside risk to preserve capital. Due to the requirements of the assignment, I chose my entry points for the stock purchases late in order to capitalize on building my position through purchasing at a lower initial price. Over the course of the investment cycle, from 5/27/2011 to 6/2/2011, the rate of return of each of these stocks can be seen charted in comparison to the S&P 500 Index, the Dow Jones Industrial Average, and the TSX Index. As can be seen in the chart above (from Yahoo Finance), YONG outperformed all stocks including the index over this period by a wide margin, up over 30% on the period. Unfortunately, due to the weight of YONG in my portfolio vs. ...
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