A Beginner's Guide to the Stock Market

by Matthew R. Kratter

short them (bet that a stock is going to go down instead of up).

But what the stock market was doing was pricing in an economic recovery, which turned out to be correct.

"fair value"

A stock exchange is a little bit like an eBay for stocks.

The NYSE is best known for its blue chip (high-quality) stocks like Coca-Cola and McDonald's. The Nasdaq is best known for its tech stocks like Netflix and Apple.

“You sell to the bid, and you buy from the ask.”