DJIA is a 30-stock market index created by Charles Dow in 1896. Index is price-weighted, unlike S&P 500 which uses market capitalization. Current divisor is 0.163 as of November 2024
Daily compound interest calculates interest on principal and previously accrued interest. More frequent compounding leads to higher interest earnings. Continuous compounding yields highest interest, followed by daily, monthly, quarterly, semiannually, and annually
Tool compares two ETFs across various metrics including performance and cost. Performance data shows annualized total returns for periods longer than one year. Users can input specific ETFs for comparison
Webull leads with no options contract fees and free fractional shares. Charles Schwab offers commission-free options trades but charges $0.65 per contract. Public provides rebates for options trades and offers $10,000 portfolio transfer bonus. Interactive Brokers IBKR Lite and SoFi Active Investing also offer commission-free options
GDR is a negotiable bank certificate representing foreign company shares. Shares remain on deposit with depositary bank in international country. Typically trades on multiple global stock exchanges. Nearly always denominated in U.S. dollars
RSI measures security's price changes and detects overbought/oversold conditions. Developed by J. Welles Wilder Jr. in 1978. Displays on 0-100 scale as oscillator