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OPEC

Hello class, today we will be discussing the Organization of Petroleum Exporting Countries, also known as OPEC. Let's start with the term "Opening Print". This refers to the first price at which a stock is traded for the day, as indicated on the ticker. OPEC is a group of countries that control a significant portion of the world's oil supply. Now, let's dive deeper into the financial implications of OPEC's actions.

Congestion Area or Pattern

In finance, a stagnant market refers to a period of time in which there is little to no movement in stock prices. This can often be frustrating for investors, as it may seem ...

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Stair-stepping

Market activity can be identified by a pattern of a trend, followed by periods of sideways movement, and then another trend, followed again by sideways movement. This is kno...

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Detrend

When it comes to analyzing financial data, it is important to remove the overall trend or pattern over time. This process is known as detrending and involves adjusting the d...

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Bias

When we talk about estimators in finance, we are referring to a statistical tool used to estimate a population parameter. But how accurate are these estimators? That's where...

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