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.
Archives
Bid
The highest price a buyer is willing to pay for a stock. When combined with the ask price information, it forms the basis of a stock quote.
American Depositary Receipt (ADR)
A certificate trading on a U.S. stock exchange that represents shares of a foreign corporation.
All or None
This is an instruction you can give your broker when placing a buy or a sell order. This instruction ensures that your order will be filled in its entirety or not at all. This prevents having a partial execution of your trade.
Trading Halt
A trading halt is imposed by the exchange, usually due to the dissemination of news that might impact a stock’s price.
Box Spread
Option arbitrage in which a profitable position is established with no risk. One spread is established with call options. The other spread is established using put options.
Bid Size
The aggregate size in board lots of the most recent bid to buy a particular security.
American-Style Options
Options that can be exercised any time during their lifetime. These are also known as open options.
Basing
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.
Trading Issue
The status of a listed security of an issuer whose trading privileges are active on the Exchange.