What does “MM” mean? What actually is a Market Maker?

An image with the words hashtag market maker

What does it mean when someone says MM in online forums? What actually is a market maker? Definition: Market Maker (MM) A market maker or liquidity provider is a company that quotes both a buy and a sell price in a security. They hold inventory and hope to make a profit of the spread or difference between the bid …

Read moreWhat does “MM” mean? What actually is a Market Maker?

What is a “meme stock”?

What differentiates a meme stock from a regular stock? Definition: Meme Stock A stock that has following characteristics is considered a meme stock. Meme stocks are popular among younger adults, trending in online forums, and typically have high volatility. Origin It is uncertain when the term meme stock rose to popularity. However, it coincided with …

Read moreWhat is a “meme stock”?

What is “Karma” on Reddit?

An image of the word hashtag karma

What is karma used for on reddit? Definition: Karma A user’s karma reflects how much a user has contributed to the Reddit community by an approximate indication of the total votes a user has earned on their submissions (“post karma”) and comments (“comment karma”). Some subreddits have karma requirements to post or comment. Origin Karma is …

Read moreWhat is “Karma” on Reddit?

Who is “JPOW”?

An image of the abbreviation jpow

Who is JPOW, what is his money printer and why is it such a popular phrase on Wall Street Bets? Definition: JPOW Jerome Powell, the head chair of the Federal Reserve. Origin The nickname JPOW is a shortened way to say Jerome Powell’s full name. It is popular in online investing forums. As the head …

Read moreWho is “JPOW”?