What Is a Diamond Top Formation?

A diamond top formation is a technical analysis chart pattern that is created when the price of an asset forms two peaks at approximately the same level, with the second peak being slightly lower than the first. This pattern is considered to be a bearish reversal signal, as it indicates that the asset’s price is … Read more

Just Compensation Definition.

The Fifth Amendment to the United States Constitution states that “private property [shall not] be taken for public use, without just compensation.” This portion of the Constitution is known as the Takings Clause. The Takings Clause requires the government to compensate an owner of real property if the government seizes the property or if the … Read more

Whole-Life Cost.

Whole-life cost is the total cost of ownership of an asset over its entire lifetime. This includes the initial purchase price, as well as the costs of operating and maintaining the asset. It also takes into account the costs of disposing of the asset at the end of its useful life. Whole-life cost analysis is … Read more

Market Maven Definition.

A market maven is an individual with an extensive knowledge of a particular market who is consulted by others for their expertise. Market mavens are often trendsetters and opinion leaders within their communities. They are respected for their insights and are often looked to for guidance on making decisions within the market. Market mavens play … Read more