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Choppy Market

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Choppy Market
A stock market condition whereby prices swing up and down considerably but with no resulting overall price movement in either direction.

Notes:
The term is derived from the phrase choppy seas, where a boat will move a lot but not over any large distance as waves prevent it from moving any meaningful distance. The DJIA, for example, may start a six-month period at 10,500 and over the six months move all over the 10,000 to 11,000 range but end the period at around 10,500.
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So for now, continue to expect a very choppy market, which tends to overreact to every small change in weather.
Rain, rain come again another day by Utterback, Bob / Farm Journal
If a company publicly announces its intention to raise capital, such as issuing new bonds or stock, that can depress the stock's price, especially in the current, choppy market.
Big PIPE. (Wall Street West) by Cole, Benjamin Mark / Los Angeles Business Journal
If you do so, you'll be able to find a safe harbor during a choppy market or, better yet, prime stocks that aren't overvalued.
The 1999 B.E. GUIDE TO INVESTING by Dingle, Derek T. / Black Enterprise
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