Ah, the morning star. Like its namesake planet Venus, which glows oh so bright in the early-morning eastern sky, the term means that dawn is about to break, the tide is about to turn in our favor, and everything that was dumb is about to be...awesome.
In the financial world, the term “morning star” means something similar. It refers to a security’s downward trend that appears to be ending.
It’s actually a candlestick formation made up of three candles: the first one is tall, the middle one is short with long tails, and the third one is tall and white (or green, depending on whether we’re looking at a black-and-white or color chart). The formation says to us that the market is feeling bullish about this certain security, at least in terms of the last three trading sessions.
Do morning stars mean that the security is most definitely something we should buy right away? Maybe, maybe not. All they really tell us is that there looks to be an upward trend reversal in the security’s price. Morning stars always follow a downward trend, but that doesn’t mean they can’t precede another one.
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Finance: What are the Differences in S&P...27 Views
finance a la shmoop what are the differences in S&P's, and Moody's
ratings? capital letters. really that's about it the assessment of the rating
itself is about the same. the people work at both companies all came from about [grinning men walk in front of a school]
the same schools the same semi diversified backgrounds and well they
all eat the same white bread. note the nomenclature differences here though.
Moody's does in fact look kind of moody with a big fat capital letter in the
beginning followed by small letters and slightly different notations. the S&P is
all in caps all shouting all the time. the metrics behind say a quote highly [chart shown]
speculative bond unquote down here are about the same for both companies but
the slight differences are worth noting so that when you see a rating well you
know just by the way in which it's written who wrote it.
now as for actually understanding bond ratings well that's a different story. to [document shown]
most people they might as well be hieroglyphics. [confused woman reads paper]
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