CUP AND HANDLE
Pattern on a chart resembling a teacup with a handle. The cup’s shape is similar to a "U" shape while the handle drifts slightly downward. The right-hand side of the pattern has low trading volume, trading between seven weeks and 65 weeks. As the stock tests the old highs, individuals who acquired it at or close to the old high put selling pressure on the stock. The pressure then makes the stock trade sideward heading to a downtrend, normally for four days to four weeks, then it will take off.
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Lobby
Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their fa ...
Douglas Amendment
Amendment to the Bank Holding Act of 1956, preventing banks from acquiring banks throughout various states. But a bank can seek exception to the ru ...
Lilly Ledbetter Fair Pay Act
A law signed by the US Congress, which restored worker protections against pay discrimination. Signed under the Obama administration on January 29, ...
Generation-Skipping Trust
Legally binding trust agreement passing the contributed assets to the grantor’s grandchildren, not his children, upon the grantor’s dea ...
Net Change
Net change is the difference between the closing price of a security on one trading day and the closing price of the previous day. It may either be ...
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| Time | Country | Indices | Period |
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| 02:30 | PMI Manufacturing | Dec | |
| 10:00 | KOF Economic Barometer | Dec | |
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| 16:45 | Chicago Purchasing Managers Index | Dec | |
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| 16:00 | House Price Index | Oct | |
| 03:45 | Markit Final Manufacturing PMI | Dec |
