Interest Rates And The Stock Market

by Giorgos E. Siligardos As of this writing (March 17, 2008), the status of interest rates sends some important messages to the stock market investors. This article aims at reading and decoding these messages. DEBT SECURITIES AND THE STOCK MARKET In his book, “Intermarket Technical Analysis” (see [2]), John Murphy stresses the positive relation between …

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How to Interpret the Data in Stock Tables

The stock tables in major newspapers such as the Wall Street Journal or online finance portals such as Yahoo Finance contain a wealth of information for the astute stock market investor. The following is an explanation of the various columns in a stock table that describe a particular company: 52 Week High: The highest price …

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Beta

Beta is value that reflects the amount of risk of a single or combined group of securities measured against the market as a whole. A beta value of 1 suggest that the security or portfolio will move in line with the overall market. A beta of less than 1 suggets that the security will be …

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Buttonwood Agreement

In 1790, the nation’s first Secretary of the Treasury, Alexander Hamilton, issued $80 million in bonds to pay for the Revolutionary War. On May 17, 1792 a group of twenty-four merchants and brokers gathered under a buttonwood tree at 68 Wall Street in lower Manhattan, New York City, and agreed to trade the securities. The …

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