I'm trying to understand the stock
market terminology, and I've come across the abbreviation 'SS'. I'm not sure what it stands for or its significance in the context of trading and investing. Can someone explain what 'SS' means in the stock market?
5 answers
Ilaria
Fri Nov 22 2024
"SSS" is short for short sell, a strategy where investors sell borrowed securities in anticipation of a price decline. They then repurchase the securities to return them to the lender, pocketing the difference as profit.
Giulia
Fri Nov 22 2024
"L2" refers to level 2 stock quotes, which provide a more detailed view of market activity than standard stock quotes. Level 2 quotes include information on individual buy and sell orders, prices, and sizes, offering insights into market sentiment and potential price movements.
CryptoMagician
Fri Nov 22 2024
Here are some additional acronyms and terms you may encounter in financial markets.
CryptoTitaness
Fri Nov 22 2024
"Sup" is an abbreviation for support, a technical analysis term used to describe a price level where a stock or cryptocurrency has found demand, resulting in a temporary halt in its decline.
CherryBlossomDancing
Fri Nov 22 2024
"A/N" stands for afternoon, which is a common reference in stock market trading to indicate the latter part of the trading day.