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. 

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.

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.

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.