Glossary
- MACD
A trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA of the MACD, called the "signal line", is then plotted on top of the MACD, functioning as a trigger for buy and sell signals.
- Morning Attack
A large buy or sell early in the trading day of a market in an attempt to affect the price of the security during the day.
- Mutual Fund
A Mutual Fund is a professionally managed investment that pools the capital of thousands of investors to trade in stocks, bonds, options, futures, currencies, or money market securities. Funds have different objectives. They may vary from very aggressive and volatile, to those that only buy blue chip stocks.
Mutual Funds hold a large number of securities and therefore offer investors the opportunity to diversify, as well as the benefits of portfolio management.
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