Technical analysis

In finance, technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which, being an aspect of active management, stands in contradiction to much of modern portfolio theory. The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis which states that stock market prices are essentially unpredictable.

History

The principles of technical analysis are derived from hundreds of years of financial market data. Some aspects of technical analysis began to appear in Joseph de la Vega's accounts of the Dutch markets in the 17th century. In Asia, technical analysis is said to be a method developed by Homma Munehisa during early 18th century which evolved into the use of candlestick techniques, and is today a technical analysis charting tool. In the 1920s and 1930s Richard W. Schabacker published several books which continued the work of Charles Dow and William Peter Hamilton in their books Stock Market Theory and Practice and Technical Market Analysis. In 1948 Robert D. Edwards and John Magee published Technical Analysis of Stock Trends which is widely considered to be one of the seminal works of the discipline. It is exclusively concerned with trend analysis and chart patterns and remains in use to the present. Early technical analysis was almost exclusively the analysis of charts, because the processing power of computers was not available for the modern degree of statistical analysis. Charles Dow reportedly originated a form of point and figure chart analysis.

Box

Box (plural boxes) describes a variety of containers and receptacles for permanent use as storage, or for temporary use, often for transporting contents.

Boxes may be made of durable materials such as wood or metal, or of corrugated fiberboard, paperboard, or other non-durable materials. The size may vary from very small (e.g., a matchbox) to the size of a large appliance. A corrugated box is a very common shipping container. When no specific shape is described, a box of rectangular cross-section with all sides flat may be expected, but a box may have a horizontal cross section that is square, elongated, round or oval; sloped or domed top surfaces, or non-vertical sides.

A decorative or storage box may be opened by raising, pulling, sliding or removing the lid, which may be hinged and/or fastened by a catch, clasp, or lock.

Packaging box

Several types of boxes are used in packaging and storage.

Ship

A ship is a large buoyant watercraft. Ships are generally distinguished from boats based on size, shape and cargo or passenger capacity. Ships are used on lakes, seas,rivers,and oceans for a variety of activities, such as the transport of people or goods, fishing, entertainment, public safety, and warfare. Historically, a "ship" was a sailing vessel with at least three square-rigged masts and a full bowsprit.

In armed conflict and in daily life, ships have become an integral part of modern commercial and military systems. Fishing boats are used by millions of fishermen throughout the world. Military forces operate vessels for naval warfare and to transport and support forces ashore. Commercial vessels, nearly 35,000 in number, carried 7.4 billion tons of cargo in 2007. As of 2011, there are about 104,304 ships with IMO numbers in the world.

Ships were always a key in history's great explorations and scientific and technological development. Navigators such as Zheng He spread such inventions as the compass and gunpowder. Ships have been used for such purposes as colonization and the slave trade, and have served scientific, cultural, and humanitarian needs. After the 16th century, new crops that had come from and to the Americas via the European seafarers significantly contributed to the world population growth.Ship transport has shaped the world's economy into today's energy-intensive pattern.

Financial adviser

A financial adviser (or advisor) is a professional who renders financial services to clients. According to the U.S. Financial Industry Regulatory Authority (FINRA), terms such as financial adviser and financial planner are general terms or job titles used by investment professionals. FINRA describes the main groups of investment professionals who may use the term financial advisor to be: brokers, investment advisers, accountants, lawyers, insurance agents and financial planners.Additionally, it's key for financial advisors to understand how increasingly important investors are to the continued success of their firms.

Role

Financial advisors typically provide clients/customers with financial products and services, depending on the licenses they hold and the training they have had. For example, an insurance agent may be qualified to sell both life insurance and variable annuities. A broker may also be a financial planner. A financial advisor may create financial plans for clients or sell financial products, or a combination of both.

Registered Investment Adviser

A Registered Investment Adviser (RIA) is an investment adviser (IA) registered with the Securities and Exchange Commission or a state's securities agency. The numerous references to RIAs within the Investment Advisers Act of 1940 popularized the term, which is closely associated with the term investment advisor (spelled "investment adviser" in U.S. financial law). An IA is defined by the Securities and Exchange Commission as an individual or a firm that is in the business of giving advice about securities.

Individuals or firms that receive compensation for giving advice on investing in securities such as stocks, bonds, mutual funds, or exchange traded funds are deemed to be investment advisers. It is also common for investment advisers to manage portfolios of securities. RIAs generally are paid in any of the following ways: a percentage of the value of the assets they manage for clients, an hourly fee, fixed fee, a commission on the securities they sell (if the adviser is also a broker-dealer).