The measurement of how much an underlying security fluctuates over a period of time.
Archives
Upside Breakout
This occurs when a stock has consolidated, formed a base, or has been in a trading range, and then breaks above that level, surpassing resistance at the top of the range or base. Breakouts are suspect if they do not occur on high volume (compared to average daily volume). When playing a stock to buy on the upside breakout, we like to use a “buy stop” which calls for purchase when a stock rises above a certain price.
Uptick
A stock is said to be on an uptick when the last trade occurred at a higher price than the one before it.
Uptrend
Stock price is trending higher.
Value Investor
One who looks for out of favor (value priced) stocks.
Triple Witching
the third Friday of March, June, September and December is the day when index futures, index future options, and certain stock options all expire. Triple Witching Fridays are know for high volatility.
Underlying Interest
The specific security, commodity, index or financial instrument that an option or futures contract is traded.
Undervalued
A stock trading below its fair value.
Unlisted
A security not listed on a stock exchange, but traded on the over-the-counter market.
Transfer Agent
A trust company appointed by a listed company to keep a record of the names, addresses and number of shares held by its shareholders. Frequently, the transfer agent also distributes dividend cheques to the company’s shareholders.