Stock Market

American Stock Exchange

The American Stock Exchange (AMEX) is the third largest stock exchange in the United States and handles approximately 10% of all domestic securities trading. Located in New York, the exchange traces its origins to when brokers began meeting on the curb outside the

American Depository Receipt

Securities issued by a U.S. bank that represent shares of a foreign company and are traded on a U.S. exchange. ADRs trade like normal stocks and are listed on either the NYSE, AMEX or Nasdaq. They normally trade in line with the stock of the parent company on its

Alphabet Stock

Categories of a corporation’s common stock associated with a subsidiary company as a result of acquisitions and restructuring.

Dow Jones Utilities Average

The Dow Jones Utilities Average (DJUA) is a price-weighted average of 15 of the largest utility stocks traded in the United States. Started in 1929, it is also the third oldest of the Dow Jones Averages. The DJUA is often a leading indicator of broad market trends since it

Jasdaq

Jasdaq stands for Japanese Association of Securities Dealers Automated Quotation System. It is the Japanese equivalent of the US Nasdaq Exchange. Website: www.jasdaq.co.jp

Dow Jones Transportation Average (DJTA)

The Dow Jones Transportation Average (DJTA) was the first stock index developed by Charles Dow in 1884. It is the oldest index used today, older than the Dow Jones Industrials (DJIA). The index is the most widely recognized gauge of the transportation sector and consists of 20 stoc

January Barometer

The January Barometer states that when the S&P 500 is higher for January, it will close the year higher than it opened. This rule has a 92.5 accuracy rate since 1950. Yale University and Jeffrey Hirsch test the correlation of stock index prices with the time of year in the annual Stock Traders A

Dow Jones Industrial Average (DJIA)

The Dow Jones Industrial Average is an index of 30 “blue chip” stocks of U.S. “industrial” companies. The Index includes substantial industrial companies with a history of successful growth and wide investor interest. The Index includes a w

Alpha Coefficient

Alpha Coefficient measures of the ability of an asset to generate returns for a portfolio, independent of the portfolio or market conditions.

iShares

iShares is the brand of ETF’s issued by Barclays. iShares funds, the world’s largest family of Exchange Traded Funds accounts for approximately half the capital invested in ETF’s.