OVERSOLD
- A condition in which the price of an underlying asset has fallen sharply, and to a level below which its true value resides. This condition is usually a result of market overreaction or panic selling.
- A situation in technical analysis where the price of an asset has fallen to such a degree - usually on high volume - that an oscillator has reached a lower bound. This is generally interpreted as a sign that the price of the asset is becoming undervalued and may represent a buying opportunity for investors.
POPULAR TERMS
Atlantic Spread
A trading strategy for option which includes the purchase of both a European option and American option,for the purpose of taking both sides of a p ...
Decision Theory
An interdisciplinary approach to determine how decisions are made given unknown variables and an uncertain decision environment framework. Decision ...
Five Percent Rule
A rule requiring a broker to use fair practices and ethical guidelines when setting the commission rates. The five percent rule stipulates that the ...
Bill Miller
Bill Miller is the chairman and CEO of Legg Mason Capital Management. It is an investment firm with over $60 billion under management. Bill Miller ...
Sales Meeting
Sales Meeting is a gathering or event wherein a product or service is discussed, with its benefits outlined to potential buyers. It can be done thr ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:00 | MI Inflation Gauge | Apr | |
| 03:00 | ANZ Commodity Prices | Apr | |
| 03:30 | ANZ Jobs Advertisements | Apr | |
| 03:45 | Markit Services PMI | Apr | |
| 09:00 | Unemployment Change | Apr | |
| 09:15 | PMI Services | Apr | |
| 09:45 | PMI Services | Apr | |
| 09:45 | PMI Composite | Apr | |
| 09:50 | PMI Services | Apr |
