Cover image for The stock market
The stock market
Teweles, Richard Jack, 1924-
Seventh edition.
Publication Information:
New York : Wiley, [1998]

Physical Description:
viii, 568 pages : illustrations ; 24 cm
Subject Term:
Added Author:
Electronic Access:
Table of contents
Format :


Call Number
Material Type
Home Location
Item Holds
HG4551 .T48 1998 Adult Non-Fiction Non-Fiction Area
HG4551 .T48 1998 Adult Non-Fiction Central Closed Stacks

On Order




The most popular and respected guide to every facet of the stock market has now been thoroughly updated to reflect the dramatic shifts that have taken place over the past several years. This Wall Street classic continues to provide the most current and comprehensive coverage of the market's participants, principles, and practices.

In easy-to-follow, straightforward terms, 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. Based on the authors' more than 70 years' combined experience in the field of finance, it shows you how to buy stocks, transact a buy order, and master the often tricky techniques of money management, pyramiding, options, and much more. Every topic is examined from both a broad top-down perspective and with step-by-step guidance.

Packed with clear definitions, cutting-edge strategies, and helpful examples, 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'll find details on key developments in several important areas, including the derivatives market, index fund investing, and technical and fundamental analysis.

Covering everything from municipal securities and maintenance calls to serial bonds and NASDAQ, this exhaustive reference is invaluable for understanding stock market fundamentals. Now more than ever, it is the one guide every market participant-whether individual investor, broker, or financial advisor-should own.

* Averages
* Bearer Bonds
* Breakpoints
* Bull and Bear Spreads Common Stock
* Covered Options
* Derivatives
* Dollar Averaging
* Excess Equity
* Exempt Securities
* Flash Prices
* Hedging
* Municipal Securities
* New York Stock Exchange
* Price-Earnings Ratio
* Puts and Calls
* Reverse Splits
* Rolling Over
* Stock Splits Straddles
* Transfer Agents
* Zero Coupon Bonds.

Praise for previous editions of The Stock Market

"This is a terrific primer on the industry. The authors have created an easy-to-understand and thorough update of this investment classic."
-- Michael Holland , Vice Chairman, Oppenheimer & Co., Inc.

"The classic every investor who has ever read a book grew up on . . . for both the beginner and the experienced professional alike, this [new] edition is a marvelous reference tool. A must for every investment library."
-- Stock Market Magazine

Author Notes

RICHARD J. TEWELES, PhD, has more than 40 years of experience as aninvestment broker and consultant. A Professor Emeritus of Finance,Real Estate, and Law at California State University, Long Beach, hehas been an allied member of the New York Stock Exchange and theAmerican Stock Exchange, and has held memberships on the ChicagoBoard of Trade, the Chicago Mercantile Exchange, and the New YorkMercantile Exchange. Dr. Teweles is the author of The Futures Game:Who Wins? Who Loses? Why?

EDWARD S. BRADLEY is a former vice president of Salomon Brothers. Afaculty member at the New York Institute of Finance, he is involvedin the creation and review of questions for the current RegisteredRepresentative Stock Broker Exam.Thoroughly revised and expanded toreflect the enormous changes in the stock market over the pastseveral years, the 7th Edition of this Wall Street classic is anessential resource for anyone involved in the world of finance.From the globalization of the securities business to trading on theInternet to new regulatory changes and how they'll affect you, noother single work brings this much practical information into suchsharp focus. Here's where you'll find the essentials of everyaspect of today's markets.

Table of Contents

Fundamental Information
Securities Markets and Securities Owners
Corporate Securities
U.S. Government and Municipal Securities
Reading the Financial Page
Work of The Stock Exchange
The New York Stock Exchange: Its Function and History
The New York Stock Exchange: Organization and Membership
Listed Stock and Bond, Tickers, and Quotations of the New York Stock Exchange
Trading Procedures
The NASDAQ Stock Market and the National Association of Securities Dealers
The American Stock Exchange and Other U.S. Stock Exchanges
Foreign Markets
Work of The Securities Houses
The Customer and the Broker
Margin Trading
Investment Banking
Securities Delivery, Transfer, and Clearing
Manipulation in the Old Market
Regulation, Self-Regulation, and Compliance
Investing Practices and Special Instruments
Stock Price Averages and Indexes
Investing and Trading in Common Stocks
Investment Companies
Fundamentals of Stock Prices
Technical Analysis of Stock Prices
Options, Futures, and Other Derivatives
Convertible Securities, Warrants, and Rights
Sources of Information and Security Rating