Describe your best performing stock for this week and identify company- specific,industry, market or economic reasons for its performance.
Do the same for your worst performing stock.
Calculate your portfolio’s total return since its original acquisition.
Thispast week we have been bombarded by the press reports concerning the worsening of the coronavirus issue worldwide. Also reported has been the dramatic loss of trillions of dollars in the U.S. and international stock markets. Provide your opinion as to whether the U.S. and international community are headed into a recession or alternatively, will there be a recovery in the market as we approach Presidential Election Day in November 2020? In your post reflect on: 1) the effects of the actions taken by the Trump Administration relative to travel bans, virus testing and a recent decision to bolster the price of oil by buying enough oil to top off the U.S. Strategic Petroleum Reserve and 2) the impact of Biden (likely Democratic candidate) or Trump on the markets/economy if he is the winner in November 2020.