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Stock Market Basics

Learn the fundamentals of how the stock market works.

10 lessons · about 45 minutes

  1. What is a stock?What owning a share means and why stock prices move.
  2. How the stock market worksExchanges, buyers and sellers, and how a trade happens.
  3. Share price vs. company sizeWhy a $50 stock can be a bigger company than a $500 stock.
  4. Indexes and ETFsThe S&P 500, Nasdaq, Dow, and the funds that track them.
  5. Sectors and diversificationWhy spreading picks across different businesses matters.
  6. Market hours and pricesThe trading day, previous close, and extended hours.
  7. Risk and volatilityWhy some stocks swing more, and what that means for a contest.
  8. How Closing Bell Picks contests workBudgets, picks, whole shares, swaps, and scoring.
  9. How scoring worksTotal return, the prices used, ties, and what happens to dividends and splits.
  10. Contest settings: swaps, sector slots, and head startsThe rules a commissioner can set, and how each one changes the game.