Historical Briefing: Stocks, Finance and Money

The World Bank claims that some two billion of the world's citizens live on $1 per day or less! That fact absolutely shocked me. With this statistic in mind it becomes important to focus on all of the things that have served as money over the history of civilization. Aztecs used Cocoa beans, Norwegians used Butter and dried cod, many Indian tribes used animal skins and some of the early colonists used grains. It's worth thinking about this the next time you pick up your paycheck. The word "salary" is derived from the word SALT, which is what was the key currency of the North Africans for hundreds of years. SALT was a key commodity substance used for preserving food.

A butter and dried cod banking system? Reconciling your monthly bank statement must have been very messy!

I'll take bear markets for $100 please Alec!

Anybody want to guess how we came to describe and define a BEAR market? Well, there is a debate on this one as most people feel that when a Bear makes a killing its claws move from up to down. However, bear markets are bone-chilling experiences. Markets always fall much faster than they rise! Anyway, the word "arctic" is derived from "arktos" which just so happens to be the Greek word for "BEAR!" And that is how it is believed that the word BEAR came to describe a declining market. Brrrrrrrrrrr..

Now you know!

Ok, why the heck do they call it Wall Street anyway?

It was the Dutch you see. They had just moved to Manhattan and had nowhere to build a dyke, so instead they built a wall. This was in 1653, and it wasn't meant to keep water out, but was made to keep out the British and Indians. Easy enough for the Dutch, just a 12 foot high wood stockade that ran from river to river.

Then in 1685 they laid out Wall Street along the line of the stockade.

Now you know.

These days the average volume on the New York Stock Exchange is several hundred million shares. We have even seen numerous days when the volume exceeded over one billion shares. To give you an idea of how far we have come, the last date on record when the New York Stock Exchange traded less than one million shares was October 10, 1953. The very first day that the BIG BOARD traded over one million shares was December 15, 1886. On Black Tuesday, the BIG CRASH on 10/29/29 the market established Record volume of 16 million shares!

Now you know.

Gosh! One Billion Shares a day....that's a lot of dried cod!

Dowjonesfully,
Harald Anderson
http://www.eOptionsTrader.com.

Harald Anderson is the founder and Chief Analyst of eOptionsTrader.com a leading online resource of Options Trading Information. He writes regularly for financial publications on Risk Management and Trading Strategies. His goal in life is to become the kind of person that his dog already thinks he is. http://www.eOptionsTrader.com.

In The News:


Investor's Business Daily

Why Mutual Fund Managers Are Betting On Tech, 'Quality' Stocks
Investor's Business Daily
The end-of-summer blahs and elevated geopolitical uncertainty took their toll on the stock market and stock mutual funds in August, which notched their first loss of the year. XAutoplay: On | OffAfter having fallen nearly 2% around mid-August, the ...


Investor's Business Daily

Hodges Mutual Fund Aims For Elite Status With Bets On Leading Stocks Like Emergent BioSolutions
Investor's Business Daily
Hodges Small Intrinsic Value Fund (HDSVX) is off to a good start, thanks to its three-heads-are-better-than-one management style and an appetite for leading stocks such Emergent BioSolutions (EBS), Consolidated Tomoka (CTO), Westwood Holdings (WHG) ...
Emergent Biosolutions, Inc. - EBS - Stock Price Today - ZacksZacks Investment Research
Havey Adam - SEC.govSEC.gov
EBS | Stocks Latest Headlines for Emergent Biosolutions - BarchartBarchart

all 51 news articles »

CNBC

Fund managers really love the big-name tech stocks, but hate the rest of the sector apparently
CNBC
The researchers looked at nearly 7,000 equity strategies from investors like mutual funds and pension funds. The five most heavily weighted stocks were Alphabet, Apple, Amazon, Facebook and Microsoft. No surprises there. But the average weight of tech ...


Yahoo Finance

4 Top Mutual Funds to Buy for a 401 (k) Plan
Yahoo Finance
Fidelity Balanced FBALX, with a Zacks Mutual Fund Rank #1, seeks income and capital growth consistent with reasonable risk. FBALX invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt ...


3 Top-Ranked JP Morgan Mutual Funds to Add to Your Portfolio
Zacks.com
It has a legacy of investment management since 1865. Also, JPMorgan is the eighth-largest mutual fund firm in the U.S. and prides itself as the nation's leader in equity fund flows. JPMorgan offers managed accounts and retirement products. The company ...

and more »

3 Strong Buy USAA Mutual Funds to Boost Gains
Zacks.com
USAA Investment Management Company allocates its assets across a wide range of mutual fund categories including both equity and fixed-income funds. The company seeks to follow military values — Service, Loyalty, Honesty and Integrity — to offer ...

and more »

Investor's Business Daily

Texas Mutual Fund Managers Explain Hurricane Harvey's Impact On Texas Stocks
Investor's Business Daily
XAutoplay: On | OffEric Marshall and Derek Maupin, lead manager and a co-manager respectively of Texas-based Hodges Small Intrinsic Value Fund (HDSVX), talk about that impact on several Texas-based stocks they hold in IBD's upcoming monthly mutual ...

and more »

Investorplace.com

5 Tech Mutual Funds to Buy on Apple Inc.'s (AAPL) New iPhone Launch
Investorplace.com
On the 10th anniversary of iPhone, tech behemoth Apple Inc. (NASDAQ:AAPL) launched three new varieties of its iconic iPhone — iPhone 8, 8 Plus and the high-end iPhone X. Although shares of Apple stock declined following the launch of the new iPhone, ...

and more »

Investorplace.com

7 Stocks to Buy That Will Beat the Pros
Investorplace.com
At the height of the last bull market circa 2007, 65% of Americans were invested in the stock market, whether through individual stocks, mutual funds, ETFs, and 401ks and IRA's. Everyone, it seemed, had stocks to buy. 7 Stocks to Buy That Will Beat the ...


Business Insider

Wall Street is divided over the future of banks
Business Insider
Large-cap mutual fund portfolios carry a 141-basis-point overweight position in financial stocks, relative to their benchmark, making it the group's second-most bullish bet, according to data compiled by Goldman Sachs. At the same time, hedge funds ...

and more »
Google News

One Way Street

Ever turn down a street, get half way and suddenly... Read More

Hedge Fund Advertising

Have you seen all those big full page ads for... Read More

How To Be A Winner

Everyone who invests in the stock market wants to be... Read More

The Stock Market - How Just One Question Will Tell You All You Need To Know About Your Stock Broker

Last time we looked at the real performance of the... Read More

More Window Dressing

Two weeks ago I wrote about what the Securities and... Read More

Nest Eggs and Omelets

Do you have a nest egg? You know, a place... Read More

Analyst Reports

When you become interested in a stock or mutual fund... Read More

Adding Funds

Someday you may want to retire and continue to live... Read More

Trading Tips No 6: The High Cost of Low Cost Stock Market Information

It has been said that low cost or even free... Read More

Are You A Stockaholic?

Today's society gives special recognition to alcoholics, sexaholics, binge-aholics, shopaholics,... Read More

Two for the Money

Look back over the years and try to remember how... Read More

Wall Street Paradigm

In 1960 an engineer working for a watch company in... Read More

Dispelling Illusions of the Stock Market

How can you dispel an illusion unless you look directly... Read More

Selling

The stock market has been going up for more than... Read More

A Funny Thing Happened on the Way to the Stock Market

On the 40 year journey through the turmoil of a... Read More

Understanding a Stocks PEG Ratio

A PEG ratio cannot be used alone but is a... Read More

Hedge Funds

You read and hear a lot about hedge funds. Unfortunately,... Read More

No Load Mutual Funds: Boost Your Portfolios Returns

Investors who exclusively use broadly diversified, no load mutual funds... Read More

Staying Sane While Wall Street Crashes

Everybody is riding the Wall Street Roller coaster. Even if... Read More

The 10 Commandments

Wall Street has been preaching for years and years to... Read More

The Stock Market Doesnt Care if You are a Beginner?. Get Prepared to Succeed at Trading

Stock trading remains a very competitive field and the stock... Read More

9 Deadly Trading Mistakes!

The following are a list of nine things you want... Read More

A Common Misconception about Stock Prices

I cringe every time I hear a novice investor tell... Read More

High Price/Earnings Ratios and the Stock Market: a Personal Odyssey

After some forty years of banking and investments, I retired... Read More

What Our Investment Advisor Wont Say Off The Bat

Most advisors will tell you they can beat the market.... Read More