Non-Net Order

A special-term order when there is a clear understanding between the buying and selling parties that they will settle the trade directly with each other.

Normalized Earnings

Profits a company can be expected to achieve taking out cyclical effects and unusual events such as one-time write-offs caused by late product releases, customer bankruptcies and the like. 

Momentum Analysis

Usually involves looking for stocks in a strong uptrend (high relative strength), strong earnings growth, and increasing earnings forecasts. In today’s market, may include relative strength only.

Momentum Stocks

Companies currently in favor by investors (price/sales greater than 10, price/earnings greater than 35 or so).

Money Market

Part of the capital market established to buy and sell short-term financial obligations. These include federal government treasury bills, short-term Government of Canada bonds, commercial paper, bankers’ acceptances and guaranteed investment certificates. Longer-term securities are also traded in the money market when their term shortens to three years.