Investing

Should I invest in the stock market?

Markets

Primary Market

“new cars”

Secondary Market:

“used cars”… consists of the first, second, third, and fourth markets

First Market

trading of exchange listed securities on the floor of the stock exchange
  • New York (NYSE)

http://www.nyse.com/
  • American (AMEX)

http://www.amex.com/
  • Chicago (CHX)

http://www.chx.com/
  • NYSE Arca (Pacific)

http://www.archipelago.com/
  • Philadelphia (PHLX)

http://www.phlx.com/
  • Boston (BSE)

http://www.bostonstock.com/
  • National (Cincinnati) (NSX)

http://www.nsx.com/
  • Chicago Board Options Exchange

http://www.cboe.com/

Second Market

trading of securities which are not listed on an exchange, Over-The-Counter (OTC)
  • NASDAQ
    • National Market System (NMS or NNM)
    • Capital Market (small cap)

http://www.nasdaq.com/

http://www.nasd.com/

 
  • Over-The-Counter Bulletin Board

http://www.otcbb.com/

http://www.otcqx.com/

http://www.pinksheets.com/

Third Market

trading of exchange listed securities through OTC market makers

 

http://www.alphatrade.com/E_Gate/tails/java/classes/resources/level2/marketMakerIDs/m.html

Fourth Market

trading of securities directly between institutions, without a broker

 

 

bought by Reuters in 1989 (“Institutional Network”)

bought by Instinet and together called INET

bought by NASDAQ in 2005

bought by NYSE in 2005

Indexes

AMEX List of Indexes

here

Claymore/BNY BRIC/Sabrient/Zacks

http://www.claymore.com/ETF/Public/etf/ETFHome.aspx?ID=97c6dbf6-228e-4105-bc67-96f4e0cdf227

Cohen & Steers

http://www.cohenandsteers.com/

Dow Jones Indexes

http://www.djindexes.com/mdsidx/
  • Factiva

http://www.factiva.com/
  • Wilshire Associates

http://www.wilshire.com/

Deutsche Bank CROCI US+

http://www.amex.com/?href=/othProd/prodInf/OpPiIndMain.jsp?Product_Symbol=CROCI

http://www.ftportfolios.com/common/etf/productinfo/FDV/fdvprospectus.pdf

FTSE Group

http://www.ftse.com/

Fortune

http://money.cnn.com/magazines/fortune/

Greenwich-VAN hedge fund indices

http://www.vanhedge.com/

Index construction

http://www.ishares.com/library/index_construction.jhtml

Lehman Brothers

  • LehmanLive

http://www.lehman.com/fi/indices/global.htm

here

Morgan Stanley Capital International

http://www.mscibarra.com/products/indices/equity/definitions.jsp#WORLD
  • Barra

http://www.mscibarra.com/products/indices/licd/

NASDAQ Indexes

http://www.nasdaq.com/services/indexes/ViewIndexes/Nasdaq_100.aspx?symbol=IXNDX

Nuveen

http://www.nuveen.com/etf/resources/muni_index.aspx

Russell

http://www.russell.com/indexes/about/index_definitions.asp

Ryan Labs

http://www.ryanlabs.com/Products/Government.shtml

Standard & Poor’s

http://www.standardandpoors.com/

Record Highs and Lows

http://online.wsj.com/mdc/public/page/2_3047-indices_alltime.html?mod=topnav_2_3024

Stocks and Mutual Funds

Comprehensive Sites

Barron’s Online

http://www.barrons.com/

Bloomberg

http://www.bloomberg.com/

CBS MarketWatch

http://cbs.marketwatch.com/

Morningstar

http://www.morningstar.com/

MSN Money

http://moneycentral.msn.com/home.asp

Quicken

http://www.quicken.com/

Reuters

http://www.investor.reuters.com/

SmartMoney

http://www.smartmoney.com/

Yahoo Finance

http://finance.yahoo.com/

Wall Street Journal Online

http://wsj.com/

Hedge Funds

http://www.thehfa.org/Membersites.cfm

Charting and Analysis

BigCharts

http://www.bigcharts.com/

Dorsey Wright & Associates

http://www.dorseywright.com/

Financial Engines

https://www.financialengines.com/FeContent?act=presswelcome

Incredible Charts Pro

http://www.incrediblecharts.com/

MarketScreen

http://www.marketscreen.com/

NASD Mutual Fund Expense Analyzer

http://apps.nasd.com/investor_Information/ea/nasd/mfetf.aspx

Prophet.net

http://www.prophet.net/

StockCharts

http://stockcharts.com/charts/performance/

Stockworm

http://www.stockworm.com/

ValuEngine

http://www.valuengine.com/ (newsletter)

ValuePro

http://www.valuepro.com/

Wall Street Analyzer

http://www.lathuy.com/

Clubs and Forums

Mad Money Sounds

http://www.cnbc.com/id/18724672/site/14081545/

Marketocracy (Manage your Mutual Fund)

http://www.marketocracy.com/

Value Investors Club (value investor forum)

http://www.valueinvestorsclub.com/value2/index2.asp

Estimates and Recommendations

EarningsWhispers

http://www.earningswhispers.com/

WhisperNumber

http://www.whispernumber.com/

Zacks

http://www.zacks.com/

Fundalarm (when to sell a fund)

http://www.fundalarm.com/

Dividend Re-Investment Plans

http://www.dripinvestor.com/index.asp

Low-cost services:

 
  • BuyAndHold

http://www.buyandhold.com/
  • FOLIOfn

http://www.foliofn.com/
  • MyStockFund

http://www.mystockfund.com/
  • ShareBuilder

http://www.sharebuilder.com/

Funds

Closed-End Fund Association

http://www.cefa.com/

Investment Company Institute

http://ici.org/

Lipper

http://www.lipperweb.com/

Mutual Fund Store

http://www.mutualfundstore.com/

IPOs

123Jump IPO Center

http://www.123jump.com/ipo

EDGAR Online IPO

http://www.edgar-online.com/

Hoover’s Online IPO Central

http://www.hoovers.com/global/ipoc/

IPO Home

http://www.ipohome.com/

IPO Monitor

http://www.ipomonitor.com/

Yahoo IPOs

http://biz.yahoo.com/ipo/

Preferred Stocks

Preferred Stock Guide

http://www.preferredstockguide.com/

QuantumOnline

http://www.quantumonline.com/

Stock Market Simulation

Inspectd (guess if up or down)

http://www.inspectd.com/

Monte Carlo Simulation:

  • FinPortfolio
  • Sam Savage

 

http://www.finportfolio.com/

http://www.drsamsavage.com/

Stock Market Simulation

http://www.nationalsms.com/na_index2.php

UpDown

http://www.updown.com/

eToro (Forex Practice Trading)

http://www.etoro.com/forex-trading/

Webcasts

BestCalls.com

http://www.bestcalls.com/

Business Week Podcasts

http://www.businessweek.com/search/podcasting.htm

Business Week Video

http://www.businessweek.com/mediacenter/video/direct.html

Earnings.com

http://earnings.com/highlight.asp?client=cb

Fidelity Podcasts

here

Investor Calendar

http://www.quantumonline.com/

Pro MoneyTalk

http://www.promoneytalk.com/

Vcall

http://www.vcall.com/

WSJ Podcasts

http://online.wsj.com/public/page/8_0018.html?mod=8_0018

Exchange-Traded Funds

Comprehensive Sites

AAII Guide to ETFs