An income annuity is an annuity contract that is designed to start paying income as soon as the policy is initiated. Once funded, an income annuity is annuitized immediately, although the underlying income units may be in either fixed or variable investments. As such, income payments may fluctuate over time.
Conceptualized and named by Warren Buffett, an economic moat is a distinct advantage a company has over its competitors which allows it to protect its market share and profitability. It is often an advantage that is difficult to mimic or duplicate (brand identity, patents) and thus creates an effective barrier against competition from other firms.
Coinbase, the first licensed U.S. bitcoin exchange and one of the most popular, was founded in 2012 and has helped to bring digital currencies to investors both in the U.S. and abroad. Faced with massive growth in its user base and trading volume in 2015, Coinbase decided to expand its bitcoin offerings to include other digital currencies like ethereum. The company set up separate exchanges catered to individual or casual investors and highly active traders. The latter of these was eventually rebranded as GDAX, standing for Global Digital Asset Exchange.
Underconsumption is the purchase of goods and services at levels that fall below the available supply.
Outside days are days where a security’s price is more volatile than the previous day as evidenced by a higher high and a lower low. This makes it a two-day price pattern. The difference between the open and close on the second day is larger than the first day, where the open and close of the second day are outside the range of the first day. The term is commonly used among market technicians and swing traders who look at short-term price patterns which play out over several days or weeks.
A handle is the whole number part of a price quote, that is, the portion of the quote to the left of the decimal point. For example, if the price quote for the stock is $56.25, the handle is $56, eliminating the value of cents in the quote. Handles are often used in futures and equities markets, where they are also known as the big figure, or big fig.
Underconsumption is the purchase of goods and services at levels that fall below the available supply.
Outside days are days where a security’s price is more volatile than the previous day as evidenced by a higher high and a lower low. This makes it a two-day price pattern. The difference between the open and close on the second day is larger than the first day, where the open and close of the second day are outside the range of the first day. The term is commonly used among market technicians and swing traders who look at short-term price patterns which play out over several days or weeks.
A handle is the whole number part of a price quote, that is, the portion of the quote to the left of the decimal point. For example, if the price quote for the stock is $56.25, the handle is $56, eliminating the value of cents in the quote. Handles are often used in futures and equities markets, where they are also known as the big figure, or big fig.
The basic materials sector is a category of stocks for companies involved in the discovery, development, and processing of raw materials. The sector includes companies engaged in mining and metal refining, chemical products, and forestry products.