When you understand how to read the New York Stock Exchange reports, you will be able to follow the progress of your investments on a daily basis. If you are like most investors, you do not need to follow more than a few items contained in the reports. A recap of your various investments and how they performed, and the overall stock market numbers for the day, usually is the information to look for when you read the New York Stock Exchange reports.
- There are many websites online where you can read the New York Stock Exchange reports. Once you have chosen a site, you will generally see an overview of the daily performance of several different major indexes. You can then drill deeper into the website to find out how your portfolio of stocks or mutual funds performed for the day.
- You may want to find a website that allows you to create an online portfolio. This makes it more convenient to see how your investments are doing when you check the New York Stock Exchange reports. Most websites will show you the amount you have gained or lost for the day, both percentage-wise and in dollars.
- If you are heavily invested in stocks, pay attention to how the overall index is doing. For example, if you own several technology stocks, find the appropriate index and check how it performed compared to your stocks. If you own several stocks that are not faring as well as the overall index, you may want to consider selling some of them and diversifying your portfolio into other stocks that are listed in the New York Stock Exchange reports.
- Another thing to look for when you check the New York Stock Exchange reports is any news about the stocks you own. Most websites have a link under the description of the stock, which you can click to see the entire news article. This is helpful when you are trying to decide whether to buy a new stock or sell one you already own.