Sushi Roll

  

Categories: Charts

No, this one doesn't have anything to do with raw fish. Or even rice, or food, or Japan, or Asia. It has to do with technical analysis.

The term applies to a certain pattern that occurs in technical analysis. It involves 10 candlebars (charts representing distinct periods of time...usually a trading session). The first five have a narrow range: highs and lows pretty close together. The next five have a wider range (higher highs and lower lows) than the first group.

Taken as a whole, the pattern suggests some change is coming. Like when animals start acting funny before an earthquake, or how waves get bigger before a storm rolls in.

The "sushi roll" name comes from the fact that the first group of candlesticks (known as the inside bars) get wrapped up by the second set (known as the outside bars). So the inside is wrapped up in the outside...like the fish in a tuna roll.

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Finance: What is a Bought Deal?0 Views

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Finance allah shmoop What is a bought deal Yeah that's

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ah when you pay the blackjack guy under the table

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and make sure you're dealt an ace and a face

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card right Alright And no we don't recommend you try

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that they've got cameras everywhere A bought deal happens when

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in underwriter guarantees the purchase of securities directly from the

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issuing company like they use their investment banks own capital

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or at least commit to using it if they have

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to Such that the placement of those in eleven million

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shares and or that billion dollars of debt will in

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fact happen even if the bank is the sole and

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only lonely investor the deal is bought and paid for

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contractually by the bank ahead of time But wait isn't

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the job of an investment bank to essentially market accompanies

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securities to quote wall street unquote like the mutual funds

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and hedge funds and wealthy family offices Isn't that Job

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1 in taking a company public for the bank Well

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yes but sometimes in hot deals where everyone wants to

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be the big famous fat deal runner banks will bid

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on all kinds of contractual terms and setting up transaction

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as a bought deal in advance of the actual offering

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changes the dynamics dramatically The biggest change is certainty That

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is the company is certain that vella at least have

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the cash no matter what pretty much And they can

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go on in aggressively do business However they had planned

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without having lots of contingency plans in place just in

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case for whatever reason they're offering fails in practice all

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deals air kind of sort of bought deals in that

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those offered shares itself for about five minutes after which

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they turn around and then resell them at a price

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mark up to the hundreds or thousands of buyers out

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there in the marketplace Who then we'll trade those shares

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back and forth among themselves as they try to find

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a job Us the right price for that security to

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be trading it So that's a bought deal definitely less

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