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A stock or group of stocks that is the first to move in a market upsurge or downturn.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


The stocks with the highest trading volume over a given period of time. Leadership may give an indication of future market movements. That is, a large amount of interest in certain stocks may mean that the market will continue to be interested in them. Leadership may be either good or bad for the market. For example, poor leadership may result from too much speculation, while solid leadership comes from sustainable investing practices. It is also called market leadership.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


An active stock that tends to lead the general market in price movements. For example, strength and activity may have made a stock a leader in a recent upward market movement.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in classic literature ?
Again Mowgli dived, and again a dhole went under, and rose dead, and again the clamour broke out at the rear of the pack; some howling that it was best to go ashore, others calling on their leader to lead them back to the Dekkan, and others bidding Mowgli show himself and he killed.
I have filled these dogs' mouths with dirt; I have tricked them in the broad daylight, and their leader lacks his tail, but here be some few for thee still.
It seemed as though Won-tolla were fawning on them to come ashore; and "Turn and take hold!" said the leader of the dholes.
"By the Bull that bought me," said Mowgli, with a bitter laugh, "it is the tailless one!" And indeed it was the big bay- coloured leader.
A dhole leaped to his leader's aid; but before his teeth had found Won-tolla's flank, Mowgli's knife was in his throat, and Gray Brother took what was left.
Very carefully and gently Mowgli lifted the bodies aside, and raised Akela to his feet, both arms round him, and the Lone Wolf drew a long breath, and began the Death Song that a leader of the Pack should sing when he dies.
And they toasted him in nut brown ale, and hailed him as their leader, by the name of Robin Hood.
The round-bellied leader still leered at her and fluttered one hand, though two big policemen were just bending to extricate him.
The leader was speaking at the Dravida Munnetra Kazhagam (DMK) led All-Party Demonstration to demand the release of leaders detained in Jammu & Kashmir at Jantar Mantar here.
The problem comes when leaders believe themselves so special that ordinary rules no longer apply.
'While great leaders may be as rare as great runners, great actors, or great painters, everyone has leadership potential, just as everyone has some ability at running, acting, and painting.' Warren Bennis and Burt Nanus
Addressing over 1,000 international student leaders at a symposium here, he resembled a teacher guiding students one step at a time through a course.