Difference between revisions of "Price"

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The price of [[securities]] referred to by the media are usually their  closing price, or last trading price when the market's regular session ended. But investors and traders are generally more interested in the opening price, which often varies from closing due to [[electronic trading]],<ref>{{cite web|url=http://www.sec.gov/answers/closepr.htm|name=Closing Price|org=SEC|date=August 15, 2008}}</ref> as a better predictor of short-term price movement.
The price of [[securities]] referred to by the media are usually their  closing price, or last trading price when the market's regular session ended. But investors and traders are generally more interested in the opening price, which often varies from closing due to [[electronic trading]],<ref>{{cite web|url=http://www.sec.gov/answers/closepr.htm|name=Closing Price|org=SEC|date=August 15, 2008}}</ref> as a better predictor of short-term price movement.


== First watch ==
== First watch ==
 
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Since the advent of global, 24-hour [[capital markets]], closing price has become less reliable as a benchmark for a security's trading demand whereas opening price incorporates all after-hours market sentiments.<ref>{{cite web|url=http://www.investopedia.com/terms/o/openingprice.asp|name=Opening Price|org=Investopedia - Forbes Digital|date=August 15, 2008}}</ref> All intraday market movements and securities' closing prices are benchmarked against the opening price. The power of opening prices as an analytical short-term trading tool has even been dubbed the "Opening Price Principle", also the title of a popular trading book on the subject.<ref>{{cite web|url=http://www.amazon.com/gp/product/product-description/0934380708/ref=dp_proddesc_0?ie=UTF8&n=283155&s=books|name=Opening Price Principle: Best Kept Secret on Wall Street|org=Amazon.com|date=August 15, 2008}}</ref>       
Since the advent of global, 24-hour [[capital markets]], closing price has become less reliable as a benchmark for a security's trading demand whereas opening price incorporates all after-hours market sentiments.<ref>{{cite web|url=http://www.investopedia.com/terms/o/openingprice.asp|name=Opening Price|org=Investopedia - Forbes Digital|date=August 15, 2008}}</ref> All intraday market movements and securities' closing prices are benchmarked against the opening price. The power of opening prices as an analytical short-term trading tool has even been dubbed the "Opening Price Principle", also the title of a popular trading book on the subject.<ref>{{cite web|url=http://www.amazon.com/gp/product/product-description/0934380708/ref=dp_proddesc_0?ie=UTF8&n=283155&s=books|name=Opening Price Principle: Best Kept Secret on Wall Street|org=Amazon.com|date=August 15, 2008}}</ref>       



Revision as of 02:46, 31 January 2019

float

The price of securities referred to by the media are usually their closing price, or last trading price when the market's regular session ended. But investors and traders are generally more interested in the opening price, which often varies from closing due to electronic trading,[1] as a better predictor of short-term price movement.

First watch[edit]

float

Since the advent of global, 24-hour capital markets, closing price has become less reliable as a benchmark for a security's trading demand whereas opening price incorporates all after-hours market sentiments.[2] All intraday market movements and securities' closing prices are benchmarked against the opening price. The power of opening prices as an analytical short-term trading tool has even been dubbed the "Opening Price Principle", also the title of a popular trading book on the subject.[3]

References[edit]