RICHARD J.TEWELES – THE STOCK MARKET

Just in time, a classic revival.

The guide to the stock market has been updated to reflect the dramatic changes that have taken place over the past several years. The most current and comprehensive coverage of the market is provided by this Wall Street classic.

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. The authors have more than 70 years of experience in the field of finance, and they show you how to buy stocks, transact a buy order, and master the often tricky techniques of money management, pyramiding, options, and much more. The topics are examined from both a broad top-down perspective and step-by-step guidance.

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 will find details on key developments in several important areas, including the derivatives market, index fund investing, and technical and fundamental analysis.

This reference covers everything from municipal securities to maintenance calls to serial bonds. It is the only guide that every market participant should own.

Averages. The bonds are called Bearer Bonds. Breakpoints. Common stock is spread by bull and bear. There are covered options. There are derivatives. The dollar is averaging. There is excess equity. The securities are exempt. The prices are flash. Hedging is something that can happen. There are municipal securities. The New York Stock Exchange. There is a price-earnings ratio. Puts and calls can be made. There are reverse splits. Rolling over. There are stock splits. Transfer agents. There are zero coupon bonds.

Praise for previous editions of The Stock Market.

This is a great 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 is a marvelous reference tool. It’s a must for every investment library.