A theory which says that the market is in an upward trend if one of its averages (industrial or transportation) advances above a previous important high, it is accompanied or followed by a similar advance in the other. The theory also says that when both averages dip below previous important lows, it's regarded as an indicator of a downward trend. Dow created the … [Read more...]
primary and secondary market
There are two ways for investors to get shares from the market . one is through primary market and other is through secondary market .primary market, the money for the securities is received by the issuer of those securities from investors, typically in an initial public offering transaction, whereas in the secondary market, the securities are simply assets held by one investor … [Read more...]