Glossary

A label given to stock traders who trade erratic and irrationally.

A version of Preferred Stock where the holder loses the rights to any undeclared dividends within the current period.

The plotting of a data set with symmetrical frequency where the resulting pattern is a Bell Curve.

A securities order which is less than the conventional 100 shares.

Symbol for Standard & Poor’s 100 Cash Index.

The highest price that a buyer will pay and the lowest price that a seller will sell, a security.

Developed by Joseph Granville, this is a technical analysis indicator that tracks volume to predict changes in a financial instrument’s price.

The total amount of outstanding contracts (not settled) that are held by traders at the end of each day.

The audible communication between professionals on the trading floor of an exchange for bids and offers on a stock or commodity.

A type of mutual fund with no limit on the amount of shares issued. A trader purchases shares from the fund directly rather other shareholders.