crashing up n.— «This week’s jump in stock prices could be a “last gasp” of a four-month rally. “Old-timers used to have a term for a day like this,” he said. “They called it ’crashing up.’” Part of the recent rally was caused by...
get one’s bait back v. phr.— «You have reason to hang in there, unless you can find another winner. (Auntie Spender says, if you are nervous in the market, just sell enough stock to get your bait back.)» —“Investor Features...
wash sale n.— «To tackle the problem, the European market set up a system that allowed market participants to simultaneously liquidate a Eurodollar position on the CME and rebuild the same one on Euronext.liffe. However, a CME rule...
circuit breaker n. a rule or law that puts protective measures in place once a certain level of financial activity has been reached; (specifically) a law that provides tax refunds once a maximum of property taxes have been paid; a rule that shuts...