turn-of-the-month (tom) effect
- turn-of-the-month (tom) effect
Stock market phenomenon where prices tend to go up because investors receive cash to put into the market.
► “Messrs. Hensel and Ziemba found that the turn-of-the-month period, defined as the last trading day of the month through the first four trading days of the next month, generated an average daily return six times that of the daily average for the rest of the days of the month.” (Wall Street Journal, Nov. 11, 1995, p. B1)
American business jargon.
2014.
Look at other dictionaries:
The Lord of the Rings: The Battle for Middle-earth II — Developer(s) EA Los Angeles Publisher(s) … Wikipedia
The Daily Show — Also known as The Daily Show with Jon Stewart Genre … Wikipedia
The Death of Superman — Cover of Superman vol. 2, 75 (Jan 1993). Art by Dan Jurgens Brett Breeding. Publisher DC Comics … Wikipedia
The Awful Green Things From Outer Space — ( AGTFOS ) is a two player board game developed and illustrated by Tom Wham inspired by the Kinji Fukasaku motion picture, The Green Slime . It originally appeared as an insert in Dragon Magazine #28 (1979), and subsequently as a boxed game… … Wikipedia
The Wizard of Oz (1939 film) — The Wizard of Oz Theatrical release poster Directed by Victor Fleming Uncredited: Norman Taurog Richard Thorpe … Wikipedia
The Amazing Race — sometimes referred to as TAR, is a reality television game show in which teams of two people (with one exception), who have some form of a preexisting personal relationship, race around the world in competition with other teams. Contestants stri … Wikipedia
The Church of Jesus Christ of Latter-day Saints — Classification Latter Day Saint movement Theology Nontrinitarian, Mormonism Governance … Wikipedia
The Goon Show — Infobox Radio Show show name = The Goon Show imagesize = caption = format = Comedy record location = Camden Theatre London creator = Spike Milligan producer = Peter Eton (101) Dennis Main Wilson (38) Pat Dixon (29) Charles Chilton (25) John… … Wikipedia
The Byrds — Not to be confused with The Birds (band). The Byrds … Wikipedia
The Dark Knight (film) — The Dark Knight Theatrical release poster … Wikipedia