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Wednesday July 01, 2015

Harrison High School Seniors Recognized at Annual Athletic Awards

    Congratulations to the Harrison High school seniors who participated in Varsity athletics during…

Harrison High School Implements New Tradition - # HarrisonStrong

    In light of the tragedies that occurred this school year, the faculty and…

HHS Junior Elliot Fuerst Receives Leadership Award from GLSEN

    Congratulations to Harrison High School junior Elliot Fuerst who was the recipient of…

Parsons Celebrates End of Year With Multicultural Celebration

    The students, faculty, and parents were treated to an end of the year…

Louis M Klein Service Club Recognized For Dedication to Charitable Works

    The LMK Service Club, under the guidance of Laura Sardilli and Fred DePalma,…

Harrison High School Spring Varsity Athletes Receive Post Season Honors

    Congratulations to the Harrison High School Spring Varsity athletes and coaches who received…

Genius Hour Implemented in Harrison Avenue’s Fourth Grade Classroom

    Fourth grade co-teachers Lauren Fahey and Lauren Dermody at Harrison Avenue Elementary School…

Parsons Elementary Raises Money for Alex’s Lemonade Stand Foundation

    The Green Key Service Club at Parsons Memorial Elementary opened their own lemonade…

HHS Girls Golf Team Work Alongside the Pros at The LPGA Championship

    The Harrison High School Varsity Girls Golf team had the unique opportunity to…

Purchase Students Add It Up For St. Jude’s Children’s Hospital

    Third, fourth, and fifth grade students at Purchase Elementary School participated in this…

Amend the Education Transformation Act: Sign the Petition

It is not to late to get it right. Demand an immediate suspension of the Education Transformation Act. Sign the...


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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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