The Stock Market
John Wiley & Sons, Sep 7, 1998 - Business & Economics - 568 pages
A CLASSIC REVISITED--AND JUST IN TIME
The most popular and respected guide to every facet of the stock market has now been thoroughly updated to reflect the dramatic shifts that have taken place over the past several years. This Wall Street classic continues to provide the most current and comprehensive coverage of the market's participants, principles, and practices.
In easy-to-follow, straightforward terms, The Stock Market, 7th Edition shows you how the market works. Beginning with the basics, it takes you from the market's history and products to its basic structure and operation, to the actual techniques used by shareholders and traders. Based on the authors' more than 70 years' combined experience in the field of finance, it shows you how to buy stocks, transact a buy order, and master the often tricky techniques of money management, pyramiding, options, and much more. Every topic is examined from both a broad top-down perspective and with step-by-step guidance.
Packed with clear definitions, cutting-edge strategies, and helpful examples, this new edition provides in-depth information on topics that have changed how stocks perform, as well as how they should be handled. In addition to the globalization of the securities business, regulatory changes, program trading, and advances in online services, you'll find details on key developments in several important areas, including the derivatives market, index fund investing, and technical and fundamental analysis.
Covering everything from municipal securities and maintenance calls to serial bonds and NASDAQ, this exhaustive reference is invaluable for understanding stock market fundamentals. Now more than ever, it is the one guide every market participant-whether individual investor, broker, or financial advisor-should own.
Praise for previous editions of The Stock Market
"This is a terrific primer on the industry. The authors have created an easy-to-understand and thorough update of this investment classic."
"The classic every investor who has ever read a book grew up on . . . for both the beginner and the experienced professional alike, this [new] edition is a marvelous reference tool. A must for every investment library."
Securities Markets and Securities Owners
U S Government and Municipal Securities
Reading the Financial Page
PART TWO WORK OF THE STOCK EXCHANGE
Its Function and History
Organization and Membership
Listed Slocks and Bonds Tickers and Quotations of the New York Stock Exchange
Securities Delivery Transfer and Clearing
PART FOUR REGULATIONS
Manipulation in the Old Market
Regulation SelfRegulation and Compliance
PART FIVE INVESTING PRACTICES AND SPECIAL INSTRUMENTS
Stock Price Averages and Indexes
Investing and Trading in Common Stocks
The Nasdaq Stock Market and the National Association of Securities Dealers
The American Stock Exchange and Other U S Stock Exchanges
Foreign Stock Markets
PART THREE WORK OF THE SECURITIES HOUSES
The Customer and the Broker