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Largest companies have most influence on index price action.

A securities firm or a registered investment advisor affiliated with a firm. Brokers are the link between investors and the stock market. When acting as a broker for the purchase or sale of listed stock, the investment advisor does not own the securities but acts as an agent for the buyer and seller and charges a commission for these services.

A market in which stock prices are rising.

A false signal which indicates that the price of a stock or index has reversed to an upward trend, but ultimately proves to be false.

Stocks that don’t qualify for NASDAQ listing are traded here or by Pink Sheets. Be careful.

Any day from Monday to Friday, excluding statutory holidays.

A trust that usually generates cash flows from one business or operating company, unlike an investment fund, which generates income from a diversified pool or portfolio. The trust holds debt and equity interests of an operating business. Businesses that exhibit these characteristics may opt for a trust structure over a corporate structure to take advantage of tax efficiency.

Analyst working for mutual fund or other institutional investor. We don’t usually get to see their reports.

If a broker fails to deliver securities sold to another broker on the settlement date, the receiving broker may buy the securities at the current market price of the stock and charge the delivering broker the cost difference of such a purchase.

The ratio of a company’s new orders to shipments in the same period. A book to bill ratio greater than 1.0 indicates sales growth. Ratios less than 1.0 reflect shrinking sales. Used mostly in the semiconductor industry.