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.
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.
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.
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.
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.