May 13, 2013 | Stock Market Basics, The Basics
Most stocks are traded on an exchange, which effectively functions as a market where buyers and sellers can meet to exchange the fractional ownership that stocks represent. Just like any marketplace in real life, the stock exchanges have opening and closing hours...
May 13, 2013 | Stock Market Basics, The Basics
“Everyone is entitled to his own opinion, but not to his own facts.” — Daniel Patrick Moynihan The price range for any trading instrument during any single session is defined simply between its low and high price. “Today’s high for XYZ was $123.45, and today’s...
Nov 28, 2012 | Stock Market Basics, The Basics
LEVEL: BEGINNER The investment world is an interesting place; while it’s popular in some circles to bash on Wall Street and stockholders for having too much political and economic power, the fact is that there is a pretty rigid hierarchy in the financial world...
Nov 8, 2012 | Stock Market Basics
LEVEL: BEGINNER Recessions and Economic Slowdowns The economy goes in cycles of boom and bust. While some economic theorists suggest that the pattern is more or less regular, just about no one agrees on how long those cycles actually are. But most do agree that...