In laymen's terms can someone explain what pork bellies are on the stock market?

Answer 1

Pork bellies are nothing more than the meat from the underside of a pig. They are actually a commodity, which is a product rather than a service. They are traded in the commodities markets like the Chicago Mercantile Exchange, although some stock prices are affected by the price of pork bellies.

Answer 2

The Dow Jones is an index, which just means that it's a group of industrial companies (COMPANIES THAT MAKE STUFF) and the number is how much their stock prices add up to. Standard & Poor's have an index of 500 companies called the S&P 500 that's a pretty good benchmark for how the market is doing also. NASDAQ is a trading center for mostly technology & service companies based in Chicago, as opposed to the New York Stock Exchange (NYSE) which is on Wall Street in New York City.What stock is might be a better question. It's a share, or a percentage of the total value of a company. The rise or fall of the stock price is a change in the perceived cash value of that corporation.

Answer 3

It means that the market is at it's bottom.
It is actually derived from Chicago livestock Market history when once the price of Porkbellies tumbled so severely for some reason. You can check the internet for the whole story. From then on if something happens like anything comes tumblind down especially in stock markets then it is called as Porkbelleing.

Answer 4

A pork belly, simply put, is a side of fresh pork. But in a financial context, pork bellies, like lumber and oranges, are considered commodities

Answer 5

You hedging against the future similar to the stock market buying today for a profit tomorrow.

Answer 6

Bacon

Answer 7

Bacon.