NASDAQ Composite Index

The NASDAQ Composite Index measures all the negotiated stocks in the NASDAQ (National Association of Securities Dealers Automated Quotations) System. The NASDAQ Index is more volatile than the DJIA and the S&P 500 Index because the companies being negotiated in the OTC market are less and more speculating than larger companies that are negotiated in the NYSE. In this way an increase in the NASDAQ Composite Index can be interpreted as the enthusiasm investors have for minor stocks.

Major US Stock Market Indexes

The American Stock Exchange Index (AMEX) considers the values and includes every stock listed in the index..

The Wilshire 500 Index is the broadest one and includes every single company listed in the NYSE and AMEX as well as the majority of stocks negotiated in the OTC market.

The Value Line Composite Index differs from other indexes since it uses geometric average methods to calculate the markets value, and takes 1700 listed stocks in the NYSE, AMEX, and OTC.

The Russell 3000 Index is a broad market index, and offers access to 98% of the US market investors. !,000 stocks that stand out in the Russell 3000 Index make up the Russell 1000 Index and the remaining 2000 stocks from the Russell 3000 make up the Russell 2000 Index ( a performance measure of low capitalization stocks.)

The EAFE Index is a reference to foreign stocks and mutual funds. The EAFE is the Morgan Stanley Capital International Europe, Australasia, Far East Index which includes a list of 1,026 stocks coming from 20 countries.