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Tip of the Day Save Enough

Save Enough - When your children are young is the time to start planning for your children's college and/or universities costs and plan to save one-third to one-half of the...

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Specialist

Definition: A person on a trading floor who is responsible for managing the inventory of certain stocks.

TeenAnalyst Advice: If you went to the NYSE and saw all of the action going on, you could point out the specialist pretty easily.  The specialist is located near "booths" where specific stocks are traded.  He or she matches to buyers and sellers together to complete trades.

Each specialist manages about 2-3 different stocks.

 

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Definition of the Day Average Down

Average Down - The average down means that the stockholder who is buying additional shares in stock that is already in his/her portfolio, has dropped in price since the he/she purchased of the earlier stock. These stocks are generally owned, a long position, or owed, a short position, by an...

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