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