Question 1

How do technicians and professionals try to defend the importance of technical analysis?

Accepted Answer

Technical measures help to assess popula

Question 2

Since 1967,the stock market has typically _________ during the remainder of a year in years when an AFC (which is not an original NFL team)wins the Superbowl.

Accepted Answer

A)  been highly volatile 
B)  gone down 
C)  gone up 
D)  remained unchanged 
A)  been highly volatile 
B)  gone down 
C)  gone up 
D)  remained unchanged

Question 3

A high amount of short interest is considered as a _____________.

Accepted Answer

A)  bearish signal 
B)  bullish signal 
C)  bearish signal by some technical analysts and as a bullish signal by other technical analysts 
D)  none of these 
A)  bearish signal 
B)  bullish signal 
C)  bearish signal by some technical analysts and as a bullish signal by other technical analysts 
D)  none of these

Question 4

____________ is a measure of the extent to which a movement in the market index is reflected in the price movements of all stocks in the market.

Accepted Answer

A)  Put-call ratio 
B)  Trin ratio 
C)  Breadth 
D)  Confidence index 
E)  All of these are correct. 
A)  Put-call ratio 
B)  Trin ratio 
C)  Breadth 
D)  Confidence index 
E)  All of these are correct.

Question 5

_________ above which it is difficult for the market to rise.

Accepted Answer

A)  book value is a value 
B)  resistance level is a value 
C)  support level is a value 
D)  a and b 
E)  a and c 
A)  book value is a value 
B)  resistance level is a value 
C)  support level is a value 
D)  a and b 
E)  a and c

Question 6

Which of the following phenomena followed by technical analysts is most consistent with the efficient markets hypothesis?

Accepted Answer

A)  Elliot waves 
B)  resistance levels 
C)  support levels 
D)  self-destructing patterns 
A)  Elliot waves 
B)  resistance levels 
C)  support levels 
D)  self-destructing patterns

Question 7

__________ is considered the grandfather of technical analysis.

Accepted Answer

A)  Fischer Black 
B)  John Bratton 
C)  Charles Dow 
D)  Stanley Shapiro 
A)  Fischer Black 
B)  John Bratton 
C)  Charles Dow 
D)  Stanley Shapiro

Question 8

Which of the following is considered a flow of funds indicator?

Accepted Answer

A)  mutual fund cash position 
B)  short interest 
C)  odd-lot trading 
D)  put-call ratio 
A)  mutual fund cash position 
B)  short interest 
C)  odd-lot trading 
D)  put-call ratio

Question 9

A trin ratio of less than 1.0 is considered as a _________.

Accepted Answer

A)  bearish signal 
B)  bullish signal 
C)  bearish signal by some technical analysts and a bullish signal by other technical analysts 
D)  bullish signal by some fundamentalists 
E)  c and d 
A)  bearish signal 
B)  bullish signal 
C)  bearish signal by some technical analysts and a bullish signal by other technical analysts 
D)  bullish signal by some fundamentalists 
E)  c and d

Question 10

A daily fluctuation of little importance is called __________.

Accepted Answer

A)  a minor trend 
B)  an intermediate trend 
C)  a primary trend 
D)  none of these 
A)  a minor trend 
B)  an intermediate trend 
C)  a primary trend 
D)  none of these

Question 11

If mutual fund portfolios are heavy in cash,technical traders interpret this as a __________ signal.

Accepted Answer

A)  buy 
B)  sell 
C)  hold 
D)  none of these 
A)  buy 
B)  sell 
C)  hold 
D)  none of these

Question 12

Behavioral finance argues that ____________.

Accepted Answer

A)  even if security prices are wrong it may be difficult to exploit them 
B)  the failure to uncover successful trading rules or traders cannot be taken as proof of market efficiency 
C)  investors are rational 
D)  even if security prices are wrong it may be difficult to exploit them,and the failure to uncover successful trading rules or traders cannot be taken as proof of market efficiency 
E)  All of these are correct. 
A)  even if security prices are wrong it may be difficult to exploit them 
B)  the failure to uncover successful trading rules or traders cannot be taken as proof of market efficiency 
C)  investors are rational 
D)  even if security prices are wrong it may be difficult to exploit them,and the failure to uncover successful trading rules or traders cannot be taken as proof of market efficiency 
E)  All of these are correct.

Question 13

Which of the following does not represent an important class of technical indicators?

Accepted Answer

A)  productivity indicators 
B)  sentiment indicators 
C)  flow of funds indicators 
D)  market structure indicators 
A)  productivity indicators 
B)  sentiment indicators 
C)  flow of funds indicators 
D)  market structure indicators

Question 14

_____________ focus more on past price movements of a firm's stock than on the underlying determinants of its future profitability.

Accepted Answer

A)  credit analysts 
B)  fundamental analysts 
C)  systems analysts 
D)  technical analysts 
A)  credit analysts 
B)  fundamental analysts 
C)  systems analysts 
D)  technical analysts

Question 15

On October 29,2009 there were 1,031 stocks that advanced on the NYSE and 610 that declined.The volume in advancing issues was 112,866,000 and the volume in declining issues was 58,188,000.The trin ratio for that day was ________ and technical analysts were likely to be ________.

Accepted Answer

A)  0.87,bullish 
B)  0.87,bearish 
C)  1.15,bullish 
D)  1.15,bearish 
E)  None of these is correct. 
A)  0.87,bullish 
B)  0.87,bearish 
C)  1.15,bullish 
D)  1.15,bearish 
E)  None of these is correct.

Question 16

If prices are correct __________ and if prices are not correct __________.

Accepted Answer

A)  there are no easy profit opportunities;there are no easy profit opportunities 
B)  there are no easy profit opportunities;there are easy profit opportunities 
C)  there are easy profit opportunities;there are easy profit opportunities 
D)  there are easy profit opportunities;there are no easy profit opportunities 
E)  None of these is correct. 
A)  there are no easy profit opportunities;there are no easy profit opportunities 
B)  there are no easy profit opportunities;there are easy profit opportunities 
C)  there are easy profit opportunities;there are easy profit opportunities 
D)  there are easy profit opportunities;there are no easy profit opportunities 
E)  None of these is correct.

Question 17

Psychologists have found that people who make decisions that turn out badly blame themselves more when that decision was unconventional.The name for this phenomenon is

Accepted Answer

A)  regret avoidance 
B)  framing 
C)  mental accounting 
D)  overconfidence 
E)  obnoxicity 
A)  regret avoidance 
B)  framing 
C)  mental accounting 
D)  overconfidence 
E)  obnoxicity

Question 18

On day 1,the stock price of Kinross was $83 and the golds sub-index was 324.On day 2,the stock price of Kinross was $85 and the golds sub-index was 335.Consider the ratio of Kinross to the golds sub-index at day 1 and day 2.Kinross is __________ the gold sector and technical analysts who follow relative strength would advise __________ the stock.

Accepted Answer

A)  outperforming,buying 
B)  outperforming,selling 
C)  underperforming,buying 
D)  underperforming,selling 
A)  outperforming,buying 
B)  outperforming,selling 
C)  underperforming,buying 
D)  underperforming,selling

Question 19

Which of the following is not a type of chart used by technical analysts?

Accepted Answer

A)  point and figure chart 
B)  candlestick chart 
C)  box chart 
D)  all of these are types of charts used by technical analysts 
A)  point and figure chart 
B)  candlestick chart 
C)  box chart 
D)  all of these are types of charts used by technical analysts

Question 20

After taking a position based on an identified trend,technical traders generally ____________________.

Accepted Answer

A)  continue with it until a reversal of the trend is indicated 
B)  continue with it until price stabilizes. 
C)  continue until trading volume begins to decline 
D)  none of these 
A)  continue with it until a reversal of the trend is indicated 
B)  continue with it until price stabilizes. 
C)  continue until trading volume begins to decline 
D)  none of these

Exam 10: Bond Prices and Yield

How do technicians and professionals try to defend the importance of technical analysis?

Since 1967,the stock market has typically _________ during the remainder of a year in years when an AFC (which is not an original NFL team)wins the Superbowl.

A high amount of short interest is considered as a _____________.

____________ is a measure of the extent to which a movement in the market index is reflected in the price movements of all stocks in the market.

_________ above which it is difficult for the market to rise.

Which of the following phenomena followed by technical analysts is most consistent with the efficient markets hypothesis?

__________ is considered the grandfather of technical analysis.

Which of the following is considered a flow of funds indicator?

A trin ratio of less than 1.0 is considered as a _________.

A daily fluctuation of little importance is called __________.

If mutual fund portfolios are heavy in cash,technical traders interpret this as a __________ signal.

Behavioral finance argues that ____________.

Which of the following does not represent an important class of technical indicators?

_____________ focus more on past price movements of a firm's stock than on the underlying determinants of its future profitability.

On October 29,2009 there were 1,031 stocks that advanced on the NYSE and 610 that declined.The volume in advancing issues was 112,866,000 and the volume in declining issues was 58,188,000.The trin ratio for that day was ________ and technical analysts were likely to be ________.

If prices are correct __________ and if prices are not correct __________.

Psychologists have found that people who make decisions that turn out badly blame themselves more when that decision was unconventional.The name for this phenomenon is

Which of the following is not a type of chart used by technical analysts?

After taking a position based on an identified trend,technical traders generally ____________________.

Investments: Background and Issues

Asset Classes and Financial Instruments

Securities Markets

Mutual Funds and Other Investment Companies

Risk and Return: Past and Prologue

Efficient Diversification

Capital Asset Pricing and Arbitrage Pricing Theory

The Efficient Market Hypothesis

Behavioral Finance and Technical Analysis

Managing Bond Portfolios

Macroeconomic and Industry Analysis

Equity Valuation

Financial Statement Analysis

Options Markets

Option Valuation

Futures Markets and Risk Management

Performance Evaluation and Active Portfolio Management

Globalization and International Investing

Taxes, Inflation, and Investment Strategy

Investors and the Investment Process

Mutual Fund: Objectives, Types, NAV, Turnover Ratio, and More

International Finance and Investments: Understanding Foreign Markets and Risks

Filters

On October 29,2009 there were 1,031 stocks that advanced on the NYSE and 610 that declined.The volume in advancing issues was 112,866,000 and the volume in declining issues was 58,188,000.The trin ratio for that day was and technical analysts were likely to be .

If prices are correct and if prices are not correct .