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Users Follow Black Friday Stock Movements in Free Investing Game


WEBWIRE

(Montreal, Quebec) December 13, 2011– Despite early market gains on Black Friday, the massive first day of the Christmas shopping season, markets closed at a loss at 1 p.m. EST in observance of the Thanksgiving holiday. Unfortunately, there wasn’t a lot to be thankful for as the New York Stock Exchange suffered its worst Thanksgiving week since 1932.

Early in the day, excitement and hopefulness on Black Friday led cheered investors to boost stocks upward. However, growing concerns over European debt eventually overshadowed Christmas cheer. The Dow finished at 11,231.78, down 25.77 points, the worst week in two months. Similarly, the Standard & Poor’s 500 index closed at 1,158.67, down 0.27%. That brought the week down 4.7%, or the worst Thanksgiving since 1932.

Student investors on WallStreetSurvivor.com’s investing game also felt the pinch. Trader JeremySO lamented that he “just bought 20 shares on google (sic)” thinking “it was a good move” only to watch it go down. User AverageJoesGym lamented “what a day,” after watching his stocks fall.

The advantage these users have is that they’re trading in WallStreetSurvivor.com’s investing game, which is free to join. Unlike real stock market traders, they are not risking real money by trading in this investing game. They are student investors learning the stock market in a hands-on environment.

The virtual stock exchange game simulates real-time conditions, so when the NASDAQ closes at 2,441.51, down 18.57 points as it did on Friday, users see that in the stock game. This helps users to develop stock strategies, so they can learn how to protect their investments in the real world.

With the stock market as volatile and unpredictable as it is, investors need to educate themselves. Signing up at WallStreetSurvivor.com is the perfect way to learn about the stock market for free.



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