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Communication Cole Robert Willcutt Worcester Polytechnic Institute View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by DigitalCommons@WPI Worcester Polytechnic Institute Digital WPI Interactive Qualifying Projects (All Years) Interactive Qualifying Projects September 2018 Communication Cole Robert Willcutt Worcester Polytechnic Institute Follow this and additional works at: https://digitalcommons.wpi.edu/iqp-all Repository Citation Willcutt, C. R. (2018). Communication. Retrieved from https://digitalcommons.wpi.edu/iqp-all/5162 This Unrestricted is brought to you for free and open access by the Interactive Qualifying Projects at Digital WPI. It has been accepted for inclusion in Interactive Qualifying Projects (All Years) by an authorized administrator of Digital WPI. For more information, please contact [email protected]. Project Number: DTZ 1713 An Interactive Qualifying Project Report: Submitted to the Faculty of WORCESTER POLYTECHNIC INSTITUTE in partial fulfillment of the requirements for the Degree of Bachelor of Science By Cole Willcutt _____________________________ Submitted: September 3, 2018 Approved by Professor Dalin Tang, Project Advisor ___________________________________________ Abstract This project is a four-week simulation the stock market. The goal of this project is to inform the participant about the stock market by gaining experience through a real-time simulation. This project analyzed current market trends, assessed the viability of two distinct trading techniques, and ran simulations on three selected companies with a total investment of $100,000 per method. Results from this project showed that Swing Trading was a much more profitable method when compared to passive trading. This project allowed the participant to gain relevant trading experience that he will use to benefit himself when investing in the future. 1 Acknowledgements I would like to take a moment and thank all of the people who helped me with my Interactive Qualifying Project (IQP), without these people I would not be where I am today. First and foremost, I would like to thank Professor Tang for his continuous guidance and seemingly infinite patience during the project. Second, I would like to thank Worcester Polytechnic Institute (WPI) for providing me with both the knowledge and resources to perform this project that has taught me so much. Third I would like to thank my mother who has pushed me to achieve so much more than I thought I was ever capable of and has always been there in my times of need. 2 Table of Contents Abstract ........................................................................................................................ 2 Acknowledgements ....................................................................................................... 3 List of Figures ............................................................................................................... 6 List of Tables ................................................................................................................. 7 Chapter 1: Introduction ................................................................................................. 8 1.1 Stock Market History ........................................................................................... 8 1.2 Important Factors of Stock Market ..................................................................... 9 1.3 Stock Market Index ............................................................................................ 11 1.3.1 Dow Jones Indices (DJI) ................................................................................ 12 1.3.2 Nasdaq Composite Index (NASDAQ) ............................................................ 14 1.3.3 Standard & Poor’s 500 Index (S&P 500) ....................................................... 16 1.3.4 The Russell 2000 Index (RUT) ...................................................................... 18 1.3.5 Morgan Stanley Capital International Europe, Australasia, Far East Index (MSCI EAFE) ..................................................................................................................... 19 1.4 Past Researches on Stock Simulation ............................................................. 20 1.4.1 WPI researches ............................................................................................. 20 1.4.2 Non-WPI researches ..................................................................................... 20 1.5 Stock Market Crashes in History ...................................................................... 21 Chapter 2: Methodology ............................................................................................. 23 2.1 Stock Simulation Engine ................................................................................... 23 3 2.2 Investment Strategy ........................................................................................... 25 2.2.1 Passive Trading ............................................................................................ 25 2.2.2 Swing Trading ................................................................................................ 26 Chapter 3: Technical Trading ..................................................................................... 27 3.1 Company Selected ............................................................................................. 27 3.2 Simulation ........................................................................................................... 28 3.2.1 Week One ...................................................................................................... 29 3.2.2 Week Two ...................................................................................................... 30 3.2.3 Week Three ................................................................................................... 34 3.2.4 Week Four ..................................................................................................... 38 3.3 Results ................................................................................................................ 42 Chapter 4: Swing Trading ........................................................................................... 45 4.1 Company Selected ............................................................................................. 45 4.2 Simulation ........................................................................................................... 45 4.2.1 Week One ...................................................................................................... 47 4.2.2 Week Two ...................................................................................................... 48 4.2.3 Week Three ................................................................................................... 50 4.2.4 Week Four ..................................................................................................... 51 4.3 Results ................................................................................................................ 53 Chapter 5: Analysis and comparison ........................................................................ 54 Chapter 6: Conclusion ................................................................................................ 55 References ................................................................................................................... 60 4 Appendix ...................................................................................................................... 62 5 List of Figures Figure 1.1. DJIA Market Summary from 1978 to 2018 from Google Database .......................................... 13 Figure 1.2. NASDAQ Market Summary from 1978 to 2018 from Google Database .................................. 15 Figure 1.3. S&P 500 Market Summary from 1978 to 2018 from Google Database ................................... 16 Figure 1.4. Russell 2000 Market Summary from 2016 to 2018 from Google Database ............................. 17 Figure 1.5. MSCI EAFE Market Summary from 2013 to 2018 from Google Database .............................. 18 Figure 2.1. Order Stock detail on MarketWatch Simulator ......................................................................... 23 Figure 2.2. Preview Order detail on MarketWatch Simulator ...................................................................... 24 Figure 3.1 AMZN stock trend during first week simulation (passive) ......................................................... 30 Figure 3.2 AAPL stock trend during first week simulation (passive) .......................................................... 31 Figure 3.3 SBUX stock trend during first week simulation (passive) ......................................................... 32 Figure 3.4 AMZN stock trend during second week simulation (passive) ................................................... 34 Figure 3.5 AAPL stock trend during second week simulation (passive) .................................................... 35 Figure 3.6 SBUX stock trend during second week simulation (passive) ................................................... 36 Figure 3.7 AMZN stock trend during third week simulation (passive) ....................................................... 38 Figure 3.8 AAPL stock trend during third week simulation (passive) ........................................................ 39 Figure 3.9 SBUX stock trend during third week simulation (passive) .......................................................
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