Trading Basics
UpTrend
A sequential series of higher highs and higher lows.
Other Trading Basics
ABS
Asset-backed securities.
These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.
Circuit Breaker
When exchanges stop the trading in a security that has fallen significantly.
This is done to stop an uncontrollable panic.
Contango
This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.
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