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Thursday September 03, 2015

Purchase School Welcomes Adam Gutterman as New Principal

    The Purchase School is excited to welcome Adam Gutterman in his role as…

The Harrison Central School District Announces New Hires for 2015-16

    The Harrison Central School District is excited to announce the new members that…

SJ Preston Elementary Welcomes Dennis Kortright As New Principal

    The Samuel J. Preston Elementary School welcomes Mr. Dennis Kortright as the new…

HCSD Announces Kelly Malczewski as the New Director of Guidance

    Kelly Malczweski has joined the leadership team of the Harrison Central School District…

LMK Welcomes Natalie Colosimo as New Assistant Principal

    Natalie Colosimo has joined the Harrison Central School District’s leadership team as an…

LMK Welcomes Scott Spector as New Assistant Principal

    Scott Spector joined the Harrison Central School District’s leadership team as an Assistant…

HCSD Schools Begin Wednesday, September 2, 2015

The Harrison Central School District is excited to welcome students to its six buildings on Wednesday, September 2, 2015 for...


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Apply now for Free and Reduced Lunch/ Breakfast

Eligibility information and applications for free and reduced lunch and breakfast are available in English and Spanish from the Menus...


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Breakfast Service at LMK

Breakfast service will not be in place for LMK at the start of the new school year. Parents will be...


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**RESCHEDULED** Board of Education Meeting

Please Note: The meeting of the Harrison Board of Education previously scheduled for Wednesday, September 9, 2015 has been rescheduled...


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“The Big Read” 2015

With the notion of self-improvement and community building in mind, the English Department at Harrison High School has decided to...


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Harrison High School sophomores Jordan Canell and Nicholas Bilotta were finalists in the North Atlantic region of the 2014-2015 DECA Stock Market Game and will now travel to Orlando, Florida to compete in the national Stock Market Game at the 2015 DECA International Career Development Conference at the end of April.  The two, who finished 10th in their region, will compete among roughly 70 teams from all over the country and Canada and will defend their investment decisions.

For this competition, students could work in two or three member teams and had the opportunity to develop and manage an investment portfolio over a four month period from September through December that operated off the activities of the New York Stock Exchange. Jordan and Nick chose to concentrate the majority of stock they traded into two categories – Apple and Airlines.

“We based many of our investments on momentum, meaning the stock had been doing well prior to the time of purchase and was projected to continue to perform,” Nick said.  “We traded Apple stock many times throughout the competition, especially during the holiday season.  We also purchased Apple stock around the time of the iPhone 6/6 plus release and the announcement of the iWatch as we knew this would be a popular buy for holiday consumers.”

The two also concentrated their strategic efforts into the airline stocks of American Airlines and Delta based on fluctuating commodity prices.

“The purchase of these stocks was made as we noticed a decrease in the price of oil,” said Nick.  “Changes in other markets such as the decrease in the price of oil typically result in cheaper flights and greater sales by the airlines and an increase in stock prices.”

At the beginning of the competition, student teams were given a fictitious $100,000 with which to invest.   The Stock Market Game is conducted via the Internet and each participating team manages all aspects of the portfolio, including stock selection, buying, and selling.  By the end of the four month period, Nick and Jordan’s portfolio was worth $115,893.34.

“We do not consider the actions we took to be investing, as the Stock Market Game did not take place over a long period of time,” said Jordan.  “Rather we consider the action we took to be “trading”, as this term pertains to buying and selling stock over short periods of time.  The Stock Market Game was a great experience and with nationals soon approaching, we will be working hard on our presentation.”

 

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