Accumulative Swing Index - ASI
As soon as everyone arrives at the party, the husbands put their car keys in one fish bowl, and the wives put their car keys in another––oh, wait. That's a different swing index.
An accumulative swing index is actually a long term trend index, used by chartists and math-loving traders, which assesses the bias of a given stock and its trading pattern. Myriad complex elements get analyzed, with a focus on the open, closed, high, and low prices as they've traded throughout a given day, mapped to other days, mapped to periods of the year, mapped to the performance relative to the overall stock and usually options markets. Blood-sniffing traders are hunting for trend line breakouts that would give them a signal that the moon has, in fact, aligned with Aquarius, and Jupiter is hugging Mars with its gravity...so then of course it must be time to short GOOG.
Right? Isn't that how chartists work? Maybe we should ask the fish bowl.
Related or Semi-related Video
Finance: What is Perpetuity?44 Views
finance a la shmoop. what is a perpetuity? forever. that's what you should think
when you hear the word perpetuity. well a perpetuity is a cousin to an annuity.
in an annuity you invest a given amount of money and then you get a portion of [100 dollar bill]
that dough paid out to you over a set number of years, or in the vein of a life
insurance policy it gets paid out until you are you know doing backstroke Six
Feet Under. and annuity sunsets well basically when you. do but a perpetuity [skeleton in the ground]
outlives you. it pays forever even when you're dead. so why would anyone want one
of these things? well they work for university scholarship endowments. you
know like think about a great Italian literature philanthropist named well
let's say Bella pepperoni. no offense to our Italian shmoopers out there. she made [woman wears name tag]
her fortune analyzing the works of Dante and Machiavelli and wants to endow a
scholarship for other PhDs in Italian Lit forever. well she'd put in say a
million bucks and it might get invested in half and bonds half in stocks with
yield and the throw from that million bucks might be something like a four or
five percent a year or forty or fifty grand and that would be more than enough [equations on screen]
to cover the basics for a PhD in Italian lit well more or less forever as
dividends get raised in stocks bro and all that stuff. the million bucks just
remains invested 50/50 stocks and bonds and the world continues to spin so yeah
even when she's no longer around to enjoy the fruits of her labor as well [headstone shown]
that fruit doesn't spoil develop mold and start to smell bad even if we can't
say the same for her. sorry. just keeping it real. [woman's picture next to casket.]
that's perpetuity. goes forever. perpetual.
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