Woody

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Woody

Slang to describe a market moving strongly upward, as in, "This market has a woody."
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Woody

Informal; describing a sudden, large uptick in market prices. This may refer to a single security, but usually refers to a stock market at large. For example, one may say, "The market has a woody," to describe this situation.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved