What Is a Wirehouse?

A wirehouse is a large investment bank that offers a full range of financial services to its clients, including investment banking, asset management, and research. Wirehouses are typically the largest and most well-known firms in the financial services industry. The term “wirehouse” is derived from the fact that these firms were historically the only firms … Read more

What Is a Low Volume Pullback?

A low volume pullback is a type of price movement that typically occurs after a sharp rally or decline. It is characterized by a sharp move in price followed by a period of consolidation with relatively low volume. Low volume pullbacks typically occur when investors are undecided about the direction of the market and are … Read more