Noise

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Noise

Price and volume fluctuations that can confuse interpretation of market direction. Used in the context of general equities. Stock market activity caused by program trades, dividend rolls, and other phenomena not reflective of general sentiment. Antithesis of real.

Noise

A slight uptick or downtick in a security's or market's price and/or volume representing little or no actual change in its fundamentals. Noise occurs in the short-term; if noise continues in a certain direction, it becomes a trend, and, therefore, an indication of the general direction of the security or market. Noise, on the other hand, means little or nothing.

noise

Random market fluctuations that make it difficult to forecast the market's direction.
References in classic literature ?
If she read that the heroine of the novel was nursing a sick man, she longed to move with noiseless steps about the room of a sick man; if she read of a member of Parliament making a speech, she longed to be delivering the speech; if she read of how Lady Mary had ridden after the hounds, and had provoked her sister-in-law, and had surprised everyone by her boldness, she too wished to be doing the same.
And ever the road seemed to rise under the noses of the snorting mares, filling the air with noiseless flight, drifting down the breeze in clouds of brown and yellow soft-flaked as snow, and piling in mounds against the fences, ever driven to float helplessly on the irrigation ditches along the roadside.
It was done in a moment, in a noiseless, supple, cat-like way, which a little startled me, I own.
There are faces too--faces dark, truculent, and smiling; the frank audacious faces of men barefooted, well armed and noiseless.
God only knows where his noiseless feet took him to that night, here and there, and back again without pause or rest.
Each man departed with the noiseless and quick step peculiar to the race, until all had assumed their allotted stations, with the exception of two chosen warriors, who remained nigh the person of their leader.
But the advance of the wily snake itself is not more certain or noiseless than was his approach.
Still the motion with which Mahtoree again raised himself to his knees was so noiseless and guarded, that even a vigilant observer might have hesitated to believe he stirred.
But his factory is a secret place, his work is noiseless, and his Hands are mutes.
Belated wanderers upon the mountains spoke of gangs of armed men, masked, stealthy, and noiseless, who flitted by them in the darkness.
Yes, she had drawn up the blind to admit the light when it should be dawn, and there, between the foot of the bed and the dark casement, it crouched and slunk along, groping its way with noiseless hands, and stealing round the bed.
The steps creaked beneath its noiseless tread, and it was gone.