Financial Glossary

An investment strategy that involves moving money from one industry sector to another in an attempt to beat the market based on economic cycle positioning.

An investment strategy where an investor borrows shares and sells them, hoping to buy them back at a lower price. Profit comes from the price difference minus borrowing costs.

An order placed with a broker to sell a security when it reaches a certain price, designed to limit an investor's loss on a position.

A price level at which buying interest is historically strong enough to prevent the price from declining further. The opposite of resistance.