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Playing Markets

Retracement

A minor pullback or change in the direction of a stock, index, or other financial instrument.  Retracements differ from reversals in the sense that...

Residual Income

Income that one continues to receive post-completion of income-producing work.  This is found in royalties, rental or real estate income, and...

Rent Seeking

An economic concept that occurs from an entity seeking to gain added wealth without contributing productivity.  The term "rent" is based on the...

Passive Investing

Also called a "buy-and-hold" strategy, passive investing involves buying a security to hold it long-term.  Passive investing refers to a portfolio...

Passive Income

Earnings from a rental property, limited partnership, or other business venture in which a person is not actively involved.  As is the case with...

Opportunity Cost

A major concept in economics, opportunity cost represents the potential benefits a business or investor misses out on by choosing one alternative...

New York Stock Exchange

Based in New York City, the NYSE is the largest stock exchange in the world (based on total market capitalization of listed securities).  Also known...

Money Market Account

A type of account offered by banks and credit unions that generally pay higher interest rates than regular savings accounts.  They also typically...

Fiduciary

A person or organization legally bound to act in the best interest of their clients (and put those interests ahead of their own).  Within finance,...

Dead Cat Bounce

An example of a sucker's rally, a Dead Cat Bounce is a temporary and short-lived uptrend within a prolonged decline/bear market that is followed by...

Covariance

A statistic that measures the relationship between the movement of two asset prices.  If two stocks are rising and falling together, they are said...

Correlation

A statistic that measures how much two securities move in relation to each other.  It may also be used to measure the movement of a stock in...