CMF

A Chaikin Money Flow (or CMF) is a technical analysis indicator that is used to measure the Money Flow Volume over a set time-period.  Money Flow Volume is a metric used to determine the buying/selling pressure on a security for a single defined period.  Any period...

Contango

A situation that arises when speculators are willing to pay a futures price that is greater than the expected price of that commodity at the same future point.  This is also referred to as a “normal market” or a “carrying-cost market.”  The...

Asset

Trading assets are collections of securities intended to be sold for a profit.  They are different from investments and generally held in a separate account than the investment portfolio.  Examples of a trading asset are forex rate contracts, mortgage-backed...

Accumulation Pattern

The accumulation/distribution indicator (or A/D) is a cumulative indicator used to provide insight into how strong a trend is.  It uses volume and price to determine if a stock is under accumulation or distribution.  If the price is rising but the indicator is...

Fiat Currency

A form of money that lacks value in-and-of itself (ie, it is not backed by gold, silver, copper, etc).  In contract to commodity money, the value of fiat money is based on supply and demand as well as the credit of the issuing institution.  The money of the United...