noun, plural wood⋅ies, adjective, wood⋅i⋅er, wood⋅i⋅est. Chiefly Scot.| widdy 1 . |
woody
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Woody
Slang to describe when the market has a strong and quick upward movement.
Investopedia Commentary
For example, you'll hear "the market has a woody," when the market is performing well... seriously, we don't make this stuff up.
See also: Bull Market
wood (w d) Pronunciation Key
The thick xylem of trees and shrubs, resulting from secondary growth by the vascular cambium, which produces new layers of living xylem. The accumulated living xylem is the sapwood. The older, dead xylem in the interior of the tree forms the heartwood. Often each cycle of growth of new wood is evident as a growth ring. The main components of wood are cellulose and lignin. woody adjective |