Plus Tick

  

Categories: Trading

See: Zero Plus Tick.

A medicine your dog has to take? The name you get when a lazy Ellis Island employee meets Greek immigrant Plustokis Tickeroglou?

Nope. It's the name given to a momentary upward move by a security.

Stock prices bounce around moment to moment. Up a little now, down a little a bit later. These tiny moves can add up to large moves over the course of a day or a week or a year or whatever. But the smallest unit of a security's movement is known as a "tick." In the same way that a stroll is made up of individual steps, a stock market advance or decline is made up of a series of individual ticks.

A plus tick represents a move higher (as opposed to a minus tick, which has the stock edging lower in that moment).

Related or Semi-related Video

Finance: What is Ticker Tape?2 Views

00:00

Finance allah shmoop what is ticker tape It's this tick

00:09

tick tick you know without the explosion at the end

00:12

Okay wavy line time travel dissolve thing Go ahead Back

00:16

to nineteen twenty seven Stock information like stock prices used

00:21

to be passed along via telegraph machine This thing little

00:25

magnets were engaged electronically and the stock prices were printed

00:28

on thin paper tape known as ticker tape Yes clever

00:33

name However typically only the last numbers would be printed

00:36

Like if you had ibm training in one hundred seventy

00:39

three dollars Four cents All you would see is that

00:41

three Fifty for there on the end Well why would

00:43

this happen Well because under this technology the ink and

00:47

paper cost off fortune and because there was so much

00:50

information to convey well had they spelled out the entire

00:53

name of the company rather than the ticker symbol alone

00:56

And yes that's how the symbols all came to be

00:59

While then that printing would have taken forever just to

01:02

send over say an hour's worth of trades And by

01:05

the time the prince got done while the trades would

01:07

be irrelevant So recycling with all this take laying around

01:10

was kind of a thing back then As well And

01:13

old ticker tape was used for two things Parades and

01:17

well for leper con toilet paper But we don't talk

01:20

much about that anyway but more for parade People used

01:23

to throw the stuff out of building windows As you

01:25

know floats in astronauts and presidents went by Well by

01:28

the nineteen sixties the traditional ticker tape parade was no

01:32

longer needed There were better and faster ways Teo you

01:35

know throw paper and to transmit stock price info Well

01:38

today everything's done electronically Thank you The internet No more

01:41

dead trees Thank you very much So ticker tape refers

01:44

to the stream of stock prices and information that come

01:48

through a usually on a mobile device or screen of

01:51

some sort today Anyway that's progress worthy of a parade

Up Next

Finance: What Does "Buy Minus" Mean?
3 Views

What does “Buy Minus” mean? Buy minus orders are used when investors think a stock will drop in price for a short period of time and plan to pr...

Find other enlightening terms in Shmoop Finance Genius Bar(f)