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whisper number

whisper number  n.— «Rumor-mongering, of course, has long been the stock in trade of some on Wall Street. Billions of dollars a day are bet on “whisper numbers” and overheard lunchtime chatter. Information is the coin of the realm. Some of...

secular

secular  adj.— «In Wall Street parlance, a very long period of falling or, at best, sideways-moving stock prices is termed a “secular” bear market. And there have been some doozies in relatively recent U.S. history...

audio puppeteering

audio puppeteering  n.— «To that end Mr. Stanton enlisted the man who created the grammar of the “Star Wars” robot R2D2, the veteran sound designer Ben Burtt. Mr. Stanton wrote a conventional script—“Hi, I’m Wall-E”—and Mr. Burtt...

sideways market

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...

money good

money good  adj.— «Although many of the assets and issuers backing these securities are solid, or “money good” in Wall Street parlance, the mechanics of the auction-rate securities market as well as the continuing credit squeeze give...

hair

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...