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Before the advent of the Internet, the only other way to get stock quotes besides calling your broker was the daily newspaper. Most investor success comes from understanding stock market terminology and in knowing how to interpret symbols and acronyms as they relate to the stock market.
Newspapers such as the Wall Street Journal rely on quotes commonly used to indicate changes in the market. Quotes universally known include YTD% CHNG (stock price percentage change for the calendar year, 52 week HI & LO (the highest and lowest price for stock for the last 52 weeks), DIV (dividend), PE (price to earnings) and CLOSE (the last price at which the stock market traded). Remember that not all newspapers use the same stock market quotes. Most of the basic quotes stay the same, however, and you can always use the Internet as a resource to research the quotes you don't understand. Footnotes that are shown on the bottom of newspaper listing indicate any extenuating circumstances.
The Wall Street Journal (WSJ) is one of the two most widely read financial newspapers boasting of a circulation of 2.1 million copies worldwide. The WSJ is known for covering both U.S. and international business, financial news and the issues that bear on the stock market. Having passed it's Centennial, being founded in 1889, it's garnered 33 Pulitzer Prices including articles that report on backdated stock options and the illegal practice of insider trading. It's also notable for it's economic arguments of exchange rate regimes, supporting fixed exchange rates while continuing to advocate for free market in other aspects.
The second most widely read stock market newspaper is The Financial Times,(FT) Britain's international business newspaper. It's known as a morning daily paper that reports primarily on business and financial news. Being the only paper in the UK to provide full daily reports on the London Stock Exchange as well as other leading world markets, it's only competition is the WSJ.
The FT has about 500 reporters that cover business, features and financial product listings.
By allowing ample time to research, study and question the different aspects of the stock market, you will realize a more substantial return as you will be able to make more educated decisions and trades. |