Chartered bank is bank that has the only financial role – accepting and guarding monetary deposits as well as lend money out to individuals and organizations. These banks’ types can vary from country to country.

 

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Stop hunting is a process of driving the market to the point where a lot of traders are forced to set stop-loss orders. This usually leads to high volatility and creates environment for traders who seek it.

 

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Jekyll and Hyde is a reference to a popular book used to describe a stock market with ‘split personalities’ where Jekyll is a good market with predictable moves and Hyde is a bad market with a lot of volatility, twists and turns. Due to the human factor in the markets Jekyll and Hyde can occur quite often.

 

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Barometer is an index which is used to measure trends and overall mood in the market. S&P 500 and Dow Jones Industrial Average are both barometers of the stock market and are both implemented as barometers that measure the performance of American economy as a whole.

 

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