Corie Gartley patterns are a type of harmonic pattern, which is a specific price structure that is identified using Fibonacci numbers. The Gartley pattern is one of the most commonly used harmonic patterns, and it is used to predict potential reversals in the market. The Gartley pattern is created by drawing two trend lines that connect … Read more
A hedge fund manager is an individual who makes investment decisions for a hedge fund. Hedge funds are private, unregulated investment vehicles that are only available to wealthy investors. Hedge fund managers must be able to identify and exploit opportunities in the financial markets in order to generate high returns for their investors. The term … Read more
The Annual Equivalent Rate (AER) is the rate that shows what the interest rate would be if interest were paid and compounded once each year. This is a standard way of showing the interest rate so that you can compare products easily. The AER is always lower than the interest rate. What effective rate is … Read more
How to Create Pro Forma Financial Statements What are the basic benefits and purposes for a company to develop pro forma statements and a cash budget what key factors go into developing these statements? A pro forma statement is a financial statement that shows the expected future financial performance of a company. A cash budget … Read more
A put is a type of option where the holder has the right, but not the obligation, to sell a security at a specified price within a specified time period. The holder of a put will profit if the price of the underlying security falls below the strike price before the expiration date. The writer … Read more
