Worst Wall Street Clichés

Discussion in 'Trading' started by schizo, Jun 2, 2010.

  1. NoDoji

    NoDoji

    "neutral", "market perform", and "sector perform" are the code words for "sell"

    From the looks of X action yesterday, being moved from "conviction buy" to "buy" is also a code word for "sell".
     
    #101     Jun 5, 2010
  2. schizo

    schizo

    #102     Jun 5, 2010
  3. Market perform is a stock within +/- 10% of the future, or some other percentage depending on which firm made the call. Sector perform is within 10% of the benchmark's sector. Market outperform is exceeding the market by 10+%. Market underperform and the stock is predicted to underperform by 10% to the market. Strong buy is an absolute price call beating the market by at least 10% over 6-18 month periods.

    Generally these are all relative to benchmarks, but it depends on the analyst and who they're with.
     
    #103     Jun 5, 2010
  4. Gcapman

    Gcapman

    Wall Street is the biggest cliche
     
    #104     Jun 5, 2010