COVER ON A BOUNCE
Investing technique in which it covers a short position after it has touched and bounced off a level of support. The strategy holds the sale of an asset until it hits the support level. Once the security bounces, the security will have difficulty moving down further. Hence, the trade covers the short position.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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“How does inflation affect my investments?”
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