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.
Archives
Uptick
A stock is said to be on an uptick when the last trade occurred at a higher price than the one before it.
Back-End Load
Sales charge paid when selling a mutual fund (a.k.a. deferred load).
Ticker Tape
Each time a stock is bought and sold, it is displayed on an electronic ticker tape. It is a record of current trading activity on an exchange.
Backtesting
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.
Blue Chips
Large, stabile companies.
Average Daily Volume
Average number of shares traded per day over a specified period.
Board Lot
A standard trading unit as defined in UMIR (Universal Market Integrity Rules). The board lot size of a security on Toronto Stock Exchange or TSX Venture Exchange depends on the trading price of the security, as follows: Trading price per unit is less than $0.10 – board lot size is 1,000 units Trading price per unit is $0.10 to $0.99 – board lot size is 500 units Trading price per unit is $1.00 or more – board lot size is 100 units
Ticket Fee
The administrative fee charged for each trade.
Balance Sheet
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.