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 ?
No danger; we may make any noise we please, and it will only add to the effect.
The cellar-door flew open with a booming sound, and then he heard the noise much louder, on the floors below; then coming up the stairs; then coming straight towards his door.
This he agreed to, but put on her this iron belt and chain, the other end of which he fastened round his own waist, and the great noises that were heard when the King cut the chain must have been caused by the Giant's falling down the underground passage when the chain gave way so suddenly.
They both heard a curious roly-poly noise under the attic floor.
I was greatly refreshed by this, and emboldened by the fact that no enquiring tentacle followed the noise of my pumping.
He was transfixed by this terrific medley of all noises.
The noise of the trumpets excited him -- the popular acclamations deafened him: for a moment he allowed his reason to be absorbed in this flood of lights, tumult and brilliant images.
The same phenomenon is said to occur occasionally in the adjacent province of Guayra, where stones of the bigness of a man's hand are exploded, with a loud noise, from the bosom of the earth, and scatter about glittering and beautiful fragments that look like precious gems, but are of no value.
Everybody has their taste in noises as well as in other matters; and sounds are quite innoxious, or most distressing, by their sort rather than their quantity.
It was not like anything else that he could think of; the three things nearest to it seemed to be the noise made by siphons of soda-water, one of the many noises made by an animal, and the noise made by a person attempting to conceal laughter.
Then there had been no thoughts of terror, though the jungle noises were new to her, and the roar of a lion had seemed the most awe-inspiring sound upon the great earth.
He knew their many noises that were as grunts and slubbers.