10 NEVER HEARD FINANCE BUZZWORDS
1.Cockroach theory : The theory that when a company reports bad news to the public, there's usually a lot more bad news behind the scenes that may come out later. It can also refer to industry-wide suspicions — if one subprime lender is going bankrupt (like New Century Financial was in 2007), other subprime lenders might have similar problems behind the scenes. 2.Dead cat bounce: A small rally after a sharp decline on Wall Street. It could refer to a stock with a plummeting share price or a market trend. An old investment saying goes: "Even a dead cat will bounce if it is dropped from high enough." 3.Jennifer Lopez: An informal term that describes what happens when a security reaches a low, then gradually starts to go up again. On a graph, it looks like a curve at the bottom, which is why investors named it after the admirably round-bottomed singer. 4.Puke point: Puking, in this case, is slang for selling an asset as the value is plumme...