When I was a kid, my neighbor listened to AM Radio all the time out of his garage. He was a WWII veteran and lived to make things and was always fine tuning his landscaping at his house.
Fast forward to 2009, and AM radio is still here but there are signs of decline. The best example of this is that I have seen many examples of FM radios in MP3 players but no AM radios. I guess I am showing my age in wanting an AM radio for my iPod, there are probably lots of kids who do not know what AM radio is, much less listen to it.
I use AM radio as part of my daily schedule to track the financial markets. I am not a financial professional or trader but I like to keep tabs on the markets. This is my typical daily ritual:
- Get early indications for the futures markets for the Dow, S&P500 and Nasdaq at Yahoo Finance Market Overview.
- If there are large market dislocations, I will also keep tabs on the overseas market averages also at home page of Yahoo! Finance (see the market summary tab).
- Read latest news for the financial markets at Yahoo and Google Finance.
- Listen to Bloomberg radio on am AM radio. This is also available as an online stream, but I currently still use the radio. It makes a good background news stream while I am getting ready for the day.
On the way to work
When I am travelling to work on the train and light rail, I switch to the Blackberry. I also use the links above but I add the real time quotes for stocks that I follow. both Yahoo! and Google Finance not only provide realtime quotes on their websites during the day, but they also provide pre-market realtime quotes. Overall, I find Google Finance better oriented to the Blackberry.