7/29

Regarding the S&P 500 today, nothing very major happened; the index only went down 82 cents. It has been trending up and doing pretty well for the past five days, other than the very minor crashes Monday and Tuesday. The past five days the index went up 39.37. I know there is not much to say today, but let me move onto a stock I recommend. Now we have been talking about long term investments for a while now, but a short term one instead which I believe can make quick money. Introducing – Roku; one of the world’s largest leading manufacturers in digital media players and also licenses its hardware and software to a variety of companies. A lot of people are buying Roku players right now, I can say I have one. It is so useful to many because it’s one of the easiest to stream entertainment on your TV. Especially during times like COVID where people may be more reliant on a variety of entertainment since they are in their homes, it can explain why it is a good stock. In all honesty this past month, it has been inconsistent with some major recessions and booms, so it is very easy to lose some money. But if you watch the stock carefully and sell it once the price drastically rises you can make a lot of money very quickly, even for multiple stocks. For example, if I invested on July 22 when the market opened, the stock was at 420.65, and sold it when the market closed the next day the stock would have closed at 473.65, making you 53 dollars within a span of a day.