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Stock trading tracked in periods shorter than one day.

Raw materials, work in process, and finished goods that haven’t been shipped to customers.

A type of underwriting where the investment firm acts as an agent. The firm agrees to use its best efforts to sell the new issue of securities, but does not guarantee the issuing company that the securities to be issued will be sold.

Shares owned by pension funds, mutual funds, banks, etc.

Sales charge paid when selling a mutual fund (a.k.a. deferred load). 

Soft assets such as patents, trademarks, etc. 

Determining the results of using particular screening criteria, as if the screen had been run at some point back in time, and the selected stocks or funds were held for a predetermined time period and then sold. 

A measure of a company’s ability to pay interest on its debts (operating income divided by interest expenses).

A financial statement listing a company’s assets (what it owns) and liabilities (what it owes) as of a specific date, usually the last day of a company’s fiscal quarter. The difference between a company’s assets and liabilities is termed its net worth or shareholder’s equity. 

This occurs when a stock trades sideways in various signature patterns (e.g., cup with handle, saucer base, flat base) while it is under accumulation prior to its next move up. We look for these stocks as they can lead to explosive moves out of the bases.