Volume refers to the number of contracts of a security that are traded at a given time. In the context of technical analysis, trading volume is a significant indicator that is used to measure the strength of an upwards or downwards movement. A market move that is accompanied by heavy volume is considered technically significant. Conversely,
Open Interest (also known as Open Contracts or Open Commitments) refers to the number of active or open contracts for any given security. It applies to the futures and options markets but not to stocks. In the futures market it refers to the total number of contracts long or short in a delivery month or
By Alan Hull, AlanHull.com The science of technical analysis can be daunting for the newcomer. One of the most intimidating areas is the use of logarithmic charts. Adults who weren’t paying attention in their Math’s classes in High School will find the word ‘Logarithm’ in itself to be somewhat intimidating. The easiest way to explain
Firm: Millennium ManagementCity: New York2009 Age: 60 Originating from Brooklyn, Israel “Izzy” Englander graduated from New York University (NYU). He later started out in the MBA program at NYU but left early to trade on the AMEX. He met John Mulheren on the trading floor and the two formed Jamie Securities. Mulheren’s conviction for insider
Inverse (or short) ETFs allow investors to profit from falling prices in the underlying benchmark. Buying an inverse ETF is similar to holding a short position, however a margin account is not required.