Term | Definition |
|---|
| 15 Most Active | Charts shows 15 most active stocks on the NYSE; daily plurality, cumulative... |
| A-D Line | Also known as the advance-decline line. The cumulative differential betwee... |
| At-the-money | An option whose strike price is nearest the current price of the underlying... |
| Big 10 | Advance decline line of the biggest 10 cap S&P industrials... |
| Big Money Breadth Index | An advance-decline line made up of the ten largest cap stocks in the S&P. ... |
| Bollinger Bands | Bollinger Bands are an indicator that allows users to compare volatility an... |
| Call Option | A contract that gives the buyer of the option the right but not the obligat... |
| Candlestick Charts | A charting method, originally from Japan, in which the high and low are plo... |
| Closed-End Fund | A fund which sells just as though it was a stock. The closed-end fund holds... |
| Deflation | A reduction in the volume of available money or credit resulting in a decli... |
| Diamonds | A proxy for the Dow Industrial Average... |
| Disinflation | A period when the inflation rate is positive but declining over time.... |
| Distribution | Moving out items to weaker hands.... |
| ETF | Exchange traded funds. It trades like a stock, but it's a sector. ... |
| Exponential Moving Average | A moving average which is front-weighted. It also requires that you maintai... |
| Head-and-shoulders | A distribution pattern identified by a rally, a second rally to a higher le... |
| Histogram | Visibly measures the distance between the MACD and a 9-day exponential movi... |
| HUI | An index of all unhedged gold shares... |
| In-the-money | A call option whose strike price is lower than the stock or future's price,... |
| Inflation | An increase in the volume of money and credit resulting in a continuing ris... |
| Initial Public Offering (IPO) | When a stock is officially available for the public to buy.... |
| M1 | Currency in circulation plus all kinds of checking accounts, whether they p... |
| M2 | Consists of M1 plus savings deposits under $100,000, certain overnight bank... |
| M3 | Broadest gauge of the money supply: consists of M2 plus large negotiable c... |
| MACD | Moving Average Convergence Divergence: juxtaposition of two exponential mo... |
| McClellan Oscillator | A breadth-based indicator. The Oscillator is derived from the daily advanc... |
| McClellan Summation Index | An indicator which is built on a daily addition of the McClellan Oscillator... |
| Open-End Fund | A fund in where the buyer's purchase money goes directly into the fund. Whe... |
| Out-of-the-money | A call option whose exercise (strike) price is above the current market pri... |
| Primary Trend Index (PTI) | The Primary Trend Index (PTI) is an index invented by Richard Russell in 19... |