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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.

A market in which stock prices are rising.

Any business day on which the clearing corporation is open to effect trade clearing and settlement.

Settlement of an option contract not by delivery of the underlying shares, but by a cash payment of the difference between the strike or exercise price and the underlying settlement price.

A form of business organization created under provincial or federal laws that has a legal identity separate from its owners. The shareholders are the corporation’s owners and are liable for the debts of the corporation only up to the amount of their investment. This is known as limited liability.

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

The physical document that shows ownership of a bond, stock or other security.

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.

The trading number of the clearing Participating Organization or Member.

This occurs when an average falls 10% or more off of its high.