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On Day 1, the Stock Price of Ford Was $12

question 2

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On day 1, the stock price of Ford was $12 and the automotive stock index was 127. On day 2, the stock price of Ford was $15 and the automotive stock index was 139. Consider the ratio of Ford to the automotive stock index at day 1 and day 2. Ford is ________ the automotive industry, and technical analysts who follow relative strength would advise ________ the stock.


Definitions:

Tax Form 940

A federal tax form in the United States used by employers to report annual Federal Unemployment Tax Act (FUTA) tax.

Purchase Order

A document issued by a buyer to a seller, detailing types, quantities, and agreed prices for products or services.

Bill

A statement of money owed for goods sold or services provided, typically specifying the total amount due and payment terms.

Inventory Transactions

Operations or activities involving the purchase, sale, or management of stock and merchandise in a business.

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