BNFN 3303 - Topic 3 (Activity # 10)

In an efficient Market, stock prices are:

• Over-priced

• Underpriced

• Fairly priced

The term "beating the market" means:

• Outperform the market

• Underperform the market

• Consistently outperform the market

In a _______ efficient market, publicly available information is of no use in beating the market.

• semistrong-form

• strong-from

• Weak-form

if a market is strong-form efficient, then it is also _______.

• Weak-form efficient

• Semistrong efficent

• Both

With a/an__________, the price partially adjusts to the new information. So, days elapse before the price completely reflects new information.

• Efficient market reaction

• delayed reaction

• overaction and correction

A CEO who spills some inside information to a friend who does not work for the company is considered_______

• A tipper

• A tippee

• An insider trader

_________ are sudden, generally lasting less than a week.

• Crashes

• Bubbles

• Trends

A rising market is called _______

When the market, for limited periods of time, depart from its primary direction. This is called _____

A ____________occurs when a stock (or the market) closes below a support level above a resistance level.