Assignment #2Following the Stock Market

What to Do Now!

• Pick a company (stock)• Pick a mutual fund and locate prospectus• Find a daily source of stock prices, mutual

fund values, and Index values• News about the economy• Start a notebook or spread sheet of data

Report in 3-ring Binder!!

Create five graphs – DJIA, SandP, NASDAQ, Stock and MF

Make them big enough to read!

Sample Calculation of an Index

Day Stock Price Index Formula1 $40.00 100 = (40/40)*1002 $44.00 110 = (44/40)*1003 $55.00 138 = (55/40)*1004 $60.00 150 = (60/40)*1005 $80.00 200 = (80/40)*100

FULL Page! Check Scale on Vertical Axis!

Why have the indexes changed?

*5 good reasons and explanation

*2 pages minimum

* a numbered or bulleted list is OK

Recap

• Report in 3-ring binder• Table of contents – Sections in order and

labeled• Large, readable graphs• Prospectus or Summary from Yahoo Finance• References• Delivered by 5:00 PM on April 26th!