Japan Tankan Survey
By scorpionPublished: November 8, 2009
Japan Tankan Survey is a largely influential Japanese economic confidence survey carried out every quarter of the year to gauge the business confidence or in confidence among different business executives. Read More...
Housing Starts And Building Permits
By scorpionPublished: November 8, 2009
The number of new home constructions and construction permits authorized within a given period is a positive show of economic growth. When the population has very little money at their disposal to spend, it is very unlikely to find people buying homes. Even mortgages become difficult to service. Since most constructions are funded by financial institutions like banks. These institutions have dynamic interest rates charged on loans. The interest rates are largely determined by the economic growths in relation to demand versus supply of the loans. When lending rates come down it clearly, shows that the banks have much cash in their reserves that they are eager to introduce into circulation. Read More...
Business Inventories
By scorpionPublished: November 4, 2009
This is a report that entails a breakdown of all business orders that are lying in the manufacturers’ stores, the traders’ stores and in all retail outlets across the country. There are two version of the report - one for manufacturing sector and the other for non-manufacturing sector. Together, these two reports cover close to 90% of the economy. The report is used to establish the amount of backlog of goods and services that are in the stores of traders with a view to finding just how long the goods may stay before being sold. Read More...
Chicago Purchasing Managers Index (PMI)
By scorpionPublished: November 4, 2009
A Purchasing Managers Index (PMI) is an economic indicator; it is a composite index based on five major indicators including new orders, inventory levels, production, supplier deliveries, and the employment environment. Each indicator has a different weight and the data is adjusted for seasonal factors. Read More...
Fed Beige Book
By scorpionPublished: November 4, 2009
A commonly used name for the Fed report entitled "Summary of Commentary on Current Economic Conditions by Federal Reserve District." It is published just before the Federal Open Market Committee (FOMC) meeting on interest rates and is used to inform the members on changes in the economy since the last meeting. The beige book generally consists of reports from bank and branch directors and interviews with key business contacts. Read More...
Import and Export Prices
By scorpionPublished: November 4, 2009
A price index tracks purchasing power by measuring how the price of goods and services is changing. The export and import price indices are used to show the value and prices of goods and services getting into and out of the U.S. market. The index uses a benchmark approach, similar to the CPI, to measure the change in U.S. dollar prices of goods or services purchased from abroad by U.S. residents as well as the goods and services sold to the foreign market from the U.S. Read More...
Survey of Consumer Sentiment
By scorpionPublished: November 4, 2009
This is a telephone-based survey of consumers across the states to gauge their confidence regarding personal finances, business conditions and their overall purchasing power. Read More...
Factory Orders
By scorpionPublished: October 29, 2009
Factory orders is an indicator that is more like the durable goods orders except for the fact that it includes all orders including the durable and non-durable manufacturing stuff such as apparel and perishable products like foods among other items. Read More...
Personal Income and Spending
By scorpionPublished: October 29, 2009
Personal Income and Spending is a comprehensive monthly summary of personal income and spending, produced by the Bureau of Economic Analysis (BEA). The report collects data about the individuals' income sources and his expenditure. The report also contains data for the widely watched inflation indicator known as the personal consumption expenditures (PCE). Read More...
Retail Sales
By scorpionPublished: October 29, 2009
Retail Sales is the monthly measurement of all goods sold by retailers based on a sampling of different categories of stores across the country. The statistics do not include the sale of services. Read More...
New Home Sales
By scorpionPublished: October 29, 2009
New Home Sales is the monthly report of new single-family home sales. It is produced by the census bureau and contains prices and inventory figures of new homes at the national level. Read More...
Existing Home Sales
By scorpionPublished: October 29, 2009
Existing Home Sales is a report that details the sale of already constructed homes that have been in the market and are simply changing ownerships as people change dwellings either because of preference, having moved to new areas or any other reasons. Read More...
Durable Goods Orders
By scorpionPublished: October 26, 2009
The durable orders release measures the dollar volume of orders, shipments, and unfilled orders of durable goods which are defined as goods whose intended lifespan is three years and over. Orders are considered a leading indicator of high production in the economy since most of them are in the form of machinery and equipment used in the construction or manufacturing and mining industries. The market often moves on the report despite the volatility and large revisions that may make it less accurate. Read More...
Current Account Balance
By scorpionPublished: October 26, 2009
The current account balance is one of the two main metrics of the nature of a country's foreign trade; the other is the net capital out flow. The current account surplus signifies an increase in a country's net foreign assets by the corresponding amount, and a current account deficit indicates the exact opposite. Read More...
CPI - Consumer Price Index
By scorpionPublished: October 26, 2009
The consumer price index is very important despite being a backward-looking indicator; it has a big influence on interest rates, the economy, and stock and bond prices. The CPI is used to make adjustments to cash flow mechanisms such as pensions, Medicare, adjustments to insurance policies among others. Read More...
Central Bank Interest Rates
By scorpionPublished: October 26, 2009
These are the interest rates levied by the government on any moneys borrowed from the Federal Reserve banks. This rates ones set by the Federal Reserve board apply to all other banks as they also have to keep their reserves with the federal bank. It therefore means that they too have to pass the same rates over to their clients in the money supply chain. Read More...
Weekly Jobless Claims
By scorpionPublished: October 26, 2009
This is the average Weekly Initial Claims for Unemployment Insurance, which will include any notice of unemployment filed to request a determination of entitlement to and eligibility for compensation, or to begin subsequent period of eligibility within a benefit year or period as long as the individual remains eligible. Read More...
PPI - Producer Price Index
By scorpionPublished: October 26, 2009
It measures changes in the selling prices producers charge for goods and services that they provide to the consumers, it also traces down how the prices relate to the production costs and processes. Producers tend to pass on higher costs to consumers in the form of higher retail prices; the PPI is valuable as an early indicator of inflation. Read More...
ISM Manufacturing Survey
By scorpionPublished: October 26, 2009
The ISM Survey responses reflect the change in the current month compared to the previous month. For each of the indicators measured, this report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction i.e. higher, better and slower for Supplier Deliveries and the negative economic direction i.e. lower, worse and faster for Supplier Deliveries, and the diffusion index. All the responses are raw unchanged data. Read More...
GDP - Gross Domestic Product
By scorpionPublished: October 26, 2009
GDP is one of the most comprehensive and closely watched economic statistics. This is because several government institutions make key decisions concerning the economy using it. The White House and Congress uses the GDP statistics to prepare the Federal budget, the Federal Reserve formulates monetary policy basing on the same. Wall Street and the business community also depend on the GDP to prepare forecasts of economic performance that provide the basis for production, investment, and employment planning. Read More...
Federal Reserve Money Supply
By scorpionPublished: October 26, 2009
According to the legislation passed in 1978, the Federal Reserve was mandated to set annual targets for money supply growth. At the time, there was a high link between money supply growth and the overall economic growth, as measured by the GDP. However, the relationship declined with the changes in banking accounts as well as the proliferation of financing companies, the Fed however announced that it would no longer set targets for growth of the money supply as a matter of policy upon the expiry of the legislation. Read More...
Employment Situation - Household and Establishment Data
By scorpionPublished: October 26, 2009
The employment situation is the lead monthly indicator of the aggregate economic activity since it combines all the major sectors of the economy. It is very detailed and elaborate and is always conveniently available at the beginning of the month. Many other economic indicators will rely upon the information obtained from this report. It encompasses information about the labor market, the income and production as well as the production rates. Read More...
Employment Cost Index
By scorpionPublished: October 26, 2009
The Employment Cost Index is a measure of labor compensation per hour worked. It includes all wages, salaries, and benefits paid by employers to employees for work done. Wages and salaries are based on the straight-time average hourly earnings, while the benefits include paid leave as well as some employer paid services such as insurance premiums, retirement packages, and contributions to savings schemes among others. The ECP is an important index as it helps in gauging the labor market’s trends. If there is a high work force, the investors may be tempted to decrease their hourly pay since he would have several people competing for the same job. The ECP is released on a quarterly basis. Read More...
Infotainer Jim Cramer
By scorpionPublished: October 20, 2009
Most people recognize Jim Cramer as a highly opinionated infotainer and host of CNBC’s ‘Mad Money’. But Cramer is more than just this. He is also a best-selling author and former successful hedge fund manager. Read More...
Professional Trading Coach Van K. Tharp
By scorpionPublished: October 20, 2009
Psychologist Van K. Tharp is an internationally acclaimed trading coach and author, focusing on helping traders who want to understand the psychology behind position sizing, systems development and general trader psyche. He is the only trader to ever write book that covers positions trading as a risky proposition in detail and he is also the only coach to be featured in Jack Schwager’s ‘Market Wizards: Interviews With Great Traders’. Read More...
Buffet’s Teacher Benjamin Graham
By scorpionPublished: October 20, 2009
Benjamin Graham is considered a legend in the stock trading and investing industry. He was an excellent financial educator, investment manager and author. Even today, thirty-three years after his death, two of Graham’s investment books are still used at the university level in financial investing classes. Read More...
Jesse Livermore, Self-Made Trader
By scorpionPublished: October 20, 2009
There are very few people in the stock trading and investment industry that are able to make money with little to no formal financial education. Jesse Livermore was one of those few. Before his death he had gained and lost millions of dollars, speculating and trading for more than 50 years. He also developed some financial ideas and principles that are still used by investors.
Read More...Trend Following Richard Donchian
By scorpionPublished: October 20, 2009
Richard Donchian is one of the many stock investors and traders that lived through the Great Depression and stock market crash of 1929. Many of his ideas in trading are still viewed as important today and he was the father of the many trend following trading principles still in use today. Read More...
Warren Buffett - The Oracle Of Omaha
By scorpionPublished: October 20, 2009
"Rule No.1 is never lose money. Rule No.2 is never forget rule number one." The simple rule has been Warren Buffett’s mantra ever since he started out in the investment and trading business. As a student of the great Benjamin Graham, Buffett has taken that mantra to a new level. Read More...
The Mentor Alexander Elder
By scorpionPublished: October 20, 2009
Dr Alexander Elder has made his money through a very unique method: he learned how to get inside the head of stock traders. His background as a successful psychiatrist helped him become well known in the stock trading and investing industry, especially since the only stock he ever purchased when he first started out was for KinderCare. Read More...
Quantum Fund’s George Soros
By scorpionPublished: October 20, 2009
Known as ‘the man that broke the Bank of England’ George Soros has been trading and stock investing since 1952. He is recognized as the man that brought the Quantum Fund to life and is considered one of the wealthiest men in the world today. He is very active today in philanthropic endeavors as well as in human rights, education and politics Read More...
Richard Dennis, Prince Of The Pit
By scorpionPublished: October 20, 2009
Richard Dennis, a onetime follower of Richard Donchian’s trend following technique, used to shoot from the hip when it came from buying and trading stocks and commodities. After taking a huge hit during the 1987 stock market crash, he stopped trading. At least, for a few years. Read More...
NYC Mayor Michael Bloomberg
By scorpionPublished: October 20, 2009
If you are not into financial investing then Michael Bloomberg is simply the current mayor of New York City. However, many others will recognize him as the founder of Bloomberg Media and a financial investor who helped others with a simple computer database. Read More...
Some History of Forex Market
By scorpionPublished: October 16, 2009
The historical evolution of foreign exchange markets can be compartmentalized into 3 distinct phases namely the gold exchange period, followed by the Bretton Woods Agreement, to its current setting. The gold exchange standard ruled over international economic system between 1876 and World War I. This was a fairly stable system wherein currencies were supported by the price of gold. Read More...
Philip A. Fisher, Influential Investor
By scorpionPublished: October 16, 2009
Philip A. Fisher is considered today as one of the ‘most influential investors’ in the history of the industry. Many of the investment beliefs that he practiced and shared with the rest of the world are still relevant in today’s trading market and they are studied by investors all over the world. His book ‘Common Stocks and Uncommon Profits’ was the first book of its kind to ever make the New York Times Bestseller list and Fisher was probably the last of his breed to find success after the stock market crash in 1929. Read More...
The Professional’s Professional John Neff
By scorpionPublished: October 16, 2009
John Neff is most well known for his affiliations with National City Bank of Cleveland and Wellington Management Company. Other traders in the industry look at him as the ‘professional’s professional’ because of his knack in taking their money and investing it safely. In today’s unsure trading world, it is easy to see how Neff could be looked upon by his peers in such good light. Read More...
Jim Slater, The Capitalist
By scorpionPublished: October 16, 2009
The name Jim Slater is well known in the United Kingdom and among the industry gurus in the United States. While the average person may not recognize his name right off the bat, they are probably familiar with the price earning to growth earnings ratio, a concept this gentleman from England developed. Slater’s strategies, like Philip A. Fisher’s in the United States, were the first to be popularized among investors in the United Kingdom. Read More...
The Redwood Financialist Kenneth L. Fisher
By scorpionPublished: October 16, 2009
American businessman, founder, CEO and Chairman, Fisher Investments, Kenneth L. Fisher is well known for his investment strategies. He is listed in the ‘Forbes 400’ list of the richest Americans and billionaires, and as the youngest son of Philip A. Fisher, a well-known investor, it’s easy to understand why. He is considered one of the most powerful people of the investment industry and has published a wide variety of works on what he does. Read More...
Peter Lynch The Fidelity Wizard
By scorpionPublished: October 16, 2009
Peter Lynch is the mind behind the well known companies Fidelity Investments Inc and Fidelity Management & Research Company. Both firms are well known across the world and even after his retirement from the investing industry Lynch is making waves with his philanthropic efforts. Lynch believed that ‘Investing without research is like playing stud poker and never looking at the cards.’ Some of his publications have been considered by industry pundits as must reads if investing and trading is a career choice. Read More...
Sir John Templeton - Mutual Fund Maverick
By scorpionPublished: October 16, 2009
One of the few Americans to ever be knighted by Queen Elizabeth II of England, Sir John Templeton is looked upon today as the inventor of mutual funds. He has been called the ‘greatest global stock picker of the century’ by Money Magazine and while he has retired from active trading, he still is very active in other business ventures. Read More...
CAN SLIM’s William O’Neil
By scorpionPublished: October 16, 2009
If you are an investor using the CAN SLIM strategy of investing then you have heard of its investor William O’Neil. In the highly competitive investment industry, O’Neil is one of the younger traders who have come behind great names like Jim Slater and John Neff. He started a business publication ‘Investor’s Business Daily’ and the brokerage William O’Neil+ Co. Inc. Entrepreneur and stockbroker, O’Neil helped change the face of investing. Read More...
T. Rowe Price
By scorpionPublished: October 16, 2009
Known at the ‘father of growth investing’, Thomas Rowe Price was one of the founding fathers of investing and trading as it is known today. He was not afraid of change and as an investor who grew up during the Great Depression, he was not afraid to jump into an investment with both feet. Read More...
Whiz Kid Michael Marcus
By scorpionPublished: October 16, 2009
Michael Marcus is an industry whiz kid who having taken his entire fortune and investing it in commodities turned it from $30,000 to $80 million in less than 20 years. He was mentored by investor Ed Seykota while working as an analyst and has passed on what he learned to others ever since. Read More...
Acorn Fund’s Ralph Wanger
By scorpionPublished: October 16, 2009
There is little known about Ralph Wanger other than the fact that he was one of the most successful investment traders in the United States. Wanger is one of the younger investors to be recognized with the likes of T. Rowe Price and Philip A Fisher, but he was excellent with the investments he made. A very private man, Wanger’s career spoke for itself. Read More...
30% OFF - ProFX v2.0 Special Promotion Sale
By scorpionPublished: September 23, 2009
ProFX version 2.0 is now released featuring the new SMS, email and audio notification of the entry signals. For the next 24 hours, you will receive 30% discount for the purchase of ProFX v2.0.
Read More...Futures and Forex Glossary Dictionary WXYZ
By scorpionPublished: September 23, 2009
Warehouse Receipt
A document guaranteeing the quality and quantity of the underlying asset in a futures contract.
Warrants
The right to buy stock (usually preferred stock) from the issuer.
Weak Dollar
When the U.S. Dollar weakens against a basket of currencies.
Read More...
Futures and Forex Glossary Dictionary V
By scorpionPublished: September 23, 2009
Valuation
Determining the value of a security, commodity or other asset.
Value Date
Same as settlement date. The date at which physical delivery of a forex spot transaction takes place.
Variable Limit
When there are periods of extreme volatility on an exchange this system allows for greater than usual price movements even they are above the daily limits.
Read More...
Futures and Forex Glossary Dictionary U
By scorpionPublished: September 23, 2009
Unconvertible Currency
A currency that is not traded on the forex market but used only for domestic purposes.
Uncovered Option
A short call or put option, where the option is not covered by a purchase or sale of the underlying asset.
Underlying Futures Contract
The futures contract which is specified as the underlying asset that an option gives the holder the right to buy or sell.
Read More...
Futures and Forex Glossary Dictionary T3
By scorpionPublished: September 23, 2009
Transaction
The buying and selling of a currency pair.
Transaction Cost
The cost associated with buying or selling a currency pair.
Transaction Date
The date on which a position is opened or closed.
Read More...
Futures and Forex Glossary Dictionary T2
By scorpionPublished: September 23, 2009
Tier One
The highest possible credit strength rating, give by the Bank of International Settlements.
Time Value
The value that an option has besides intrinsic value. Time value represents the value that an option will have from the possibility of an increase in value of the underlying asset (or decrease in case of a put option). As the option gets closer to expiration date, time value decreases.
Read More...
| « Previous | Next » |
Hi! You're viewing as a guest. To access our special forex trading resources, Sign up today. You'll get unlimited access to our forex currency trading systems, tools, articles, news and more.
