Thursday, October 27, 2016

Credit Ratings of A Company

Financial research firms rate the credit of publicly traded companies. Some of the most famous are Standard and Poor's, Moody's, Fitch, and Morningstar.

You can find Standard and Poor's credit ratings of a company using our Standard and Poor's Netvantage database.

Once you're in:

1. Enter the company's name or ticker
2. Choose stock reports over on the right side of the screen
3. scroll down and you'll see their credit rating.

See below:

Wednesday, October 26, 2016

Featured Book: Thinking Fast and Slow

Our copy here.

Should you think fast or slow? Some people say your Zen like first instinct reaction is the correct one. And that's a legitimate point of view.

Some people say no – saying that your first instinct is almost always wrong and you should stop and think carefully.

Thinking Fast and Slow is the title of this book by Daniel Kahnemann. He delights in pointing out how simple tricks like anchoring bias affect people's cognition. The book lists several other cognition failures that produce incorrect short-term judgment. It's worth reading to get an idea of these pitfalls.

Both schools of thought - be Zen, be cautious - probably have merit.

Tuesday, October 18, 2016

Book Review: Reminiscences of A Stock Operator

This may be the best book ever written about trading stocks. Sure, it was written a hundred years or so ago, but the market behaves very similarly today. 

Jesse Livermore made millions in the glory years of early 20th century stock trading. He DID NOT use inside information either - just tape reading (the record of price movement).

Here's some major takeaways from the book:

1. Learn to read a chart (book doesn't discuss chart reading, just advises you to learn it)
2. Learn to trust your instincts, read the chart and ignore hot tips.
3. Learn that the market forms ideas that it is slow to abandon.
4. Learn to trade current events
5. Learn to recognize deceptive tricks (And this book has a lot of classic examples that still get used today!)

Wonderful writing really gives you a sense of early 20th century stock plungers: the bucket shops, the trips to Florida for fishing, catching the train, going broke in Boston and starting over in Cleveland, the crusty characters at the local stock brokerages and more. 

Tuesday, October 11, 2016

New Marketline Video

I made a new video about getting market share, size, and company/brand shares in Marketline.

Thursday, October 6, 2016

Texas Exports

See specifically what Texas exports and to where. You can search by industry and where the products end up.
Exports by metropolitan area.

Also check out our database USA TRADEONLINE (available only in the library unfortunately).

Economic Indicator Links

These sites are where you need to go to find the unemployment rate, consumer price index (CPI), number of housing starts, what people are spending, retail sales, and so on.

Well, you can get deeper. Read the agency name below to get an idea of what to expect there (labor statistics have such data as income, employment, etc...)

Bureau of Economic Analysis
Bureau of Labor Statistics
National Bureau of Economic Research's Economic Indicators (Awesome)
U.S. Census Bureau Economic Indicators (Also Awesome)
Fed Data on Money Flow and Supply 

You can also use our handy database Economagic. But the above links will work just fine for most projects.