Woody

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DEFINITION

Slang to describe when the market has a strong and quick upward movement.

INVESTOPEDIA EXPLAINS

For example, you'll hear "the market has a woody," when the market is performing well... seriously, we don't make this stuff up.


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Hot Definitions
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    The difference in price from the midpoint of a trough to the midpoint of a peak of a security. Amplitude is positive when calculating a bullish retracement (when calculating from trough to peak) and negative when calculating a bearish retracement (when calculating from peak to trough).
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