Axe

The "axe" in a stock is usually the well-known sell-side or buy-side analyst whose recommendations and/or actions are closely followed by the Street. If the axe suddenly goes negative on a high-multiple, high-growth concept stock, then look out below. Likely tons of sellers of that stock follow the swing of...the axe. Oh, and it's also a body spray. And a thing for cutting (See: Borden, Lizzie).