table-pounding buy n.— «Like Mr. Fosback, the firm’s analysts found that the stock market typically hit bottom six months after a recession began, and that at such times the stock market was a “table-pounding buy.”» —“An Alarm Is Blaring: Time to...
sideways market n.— «The stock market has been sending a series of mixed signals recently—a few days of strong gains followed by a few days of discouraging declines. This is what Wall Street refers to as a “sideways market”—and it’s exactly what...
bear raid n.— «It’s no coincidence that since then the size and severity of market declines is unprecedented. It was a hedge fund traders dream come true. When a group of hedge funds gang up and sell billions in what is called a “bear raid,” they...
hair n.— «On the surface, Exxon Mobil’s…most recent record quarter may seem like a thing of beauty. But Cramer dug deep into the earnings to find what Wall Street refers to as “hair”—one-time items that make a quarter look better than it actually...
black swan event n.— «On Black Monday, October 19, 1987, the Dow Jones index, for reasons still being debated, fell 508 points, almost a quarter of its total. (The current equivalent, for comparison’s sake, would be a 3,200-point loss on one day.)...
Gripple n.—Gloss: a Wall Street term for Google, Research in Motion, and Apple together. «Gripple is Wall Street argot for Google, Research in Motion and Apple. The concept is they are really one stock, interchangeable as to valuation and market...