Stock market

From Conservapedia
This is an old revision of this page, as edited by Conservative (Talk | contribs) at 05:28, April 25, 2024. It may differ significantly from current revision.

Jump to: navigation, search
Dow Jones index since 1925, in constant 2009 dollars; it covers 30 industrials on the New York Stock Exchange

A stock market is a list of stocks, or jointly held and publicly traded shares of a corporations.[1] The stocks usually bear some relation to each other: for example, in America, the Dow Jones Industrial Average is a list of longtime successful American companies (despite its name very few of the current companies are actually industrial), whereas the Nasdaq consists mostly of technology-based stocks. Other major cities in industrailized countries have stock exchanges, including "London, Paris, Milan, Hong Kong, Toronto and Tokyo."[2]

Market capitalization is the amount a company is worth in its publicly trade stock, and a ranking of the companies having the highest capitalization is easily accessible.[3] The total market capitalization of all the publicly traded stocks in the United States, including the New York Stock Exchange and NASDAQ, was about $41 trillion as of December 31, 2022. That total stock market value is not much larger than the national debt, which was nearly $32 trillion as of March 10, 2023.[4]

Stocks trade as futures after the markets close, which can be indicative of how they will open the following morning.[5]

Value investing

According to Investopedia: "Value investing is an investment strategy that involves picking stocks that appear to be trading for less than their intrinsic or book value. Value investors actively ferret out stocks they think the stock market is underestimating."[6]

Benajmin Graham was the father of value investing.

Books on stock investing

  • The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books, Big Profits) by John C. Bogle. Wiley; 10th Anniversary, Revised, Updated ed. edition (October 16, 2017)
  • The Intelligent Investor by Benjamin Graham. Generic (January 1, 2022).
  • The Most Important Thing: Uncommon Sense for the Thoughtful Investor by Howard Marks. Columbia Business School Publishing; Illustrated edition (May 1, 2011)
  • How to Make Money in Stocks: A Winning System in Good Times and Bad by William J. O'Neil. McGraw Hill; 4th edition (June 8, 2009)
  • One Up On Wall Street: How To Use What You Already Know To Make Money In The Market by Peter Lynch. ‎Simon & Schuster; 2nd edition (April 3, 2000)
  • Beating the Street by Peter Lynch. Simon & Schuster; Revised edition (May 25, 1994).
  • Lies Your Broker Tells You: What to Watch for and Still Achieve Financial Security by Thomas D. Saler. Walker & Co; First Edition (January 1, 1989)

See also

Wall Street

Analytic services relating to stock investing:

Further reading

References

  1. Harvey, Campbell R. (2011). Stock Market. Financial Glossary. NASDAQ. Retrieved on 30 October 2014.
  2. What Is A Stock Exchange And What Does It Do?. SES (2014). Retrieved on 30 October 2014. “Most of the world’s industrialized nations have one or more stock exchanges. Among the largest are those in London, Paris, Milan, Hong Kong, Toronto and Tokyo.”
  3. https://companiesmarketcap.com/
  4. https://www.usdebtclock.org/
  5. https://www.marketwatch.com/
  6. Value Investing Definition, How It Works, Strategies, Risks