Cody Willard
Cody Willard
Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company.
He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."
Willard is also a professor at Seton Hall University where he teaches a class called "Revolutionomics," focused on technology and business.
He is the author of the RevolutioNewsletter a subscription newsletter at RevolutioNewsletter.com, as well as CodyWillard.com, a blog focusing on various topics from music to Wall Street. He is also the founder of RevolutioNetwork.com, the non-partisan social network of the New American Revolution.
He began his career at Oppenheimer & Co. in 1996 and was Chief Analyst at Visual Radio, a technology venture capital fund, and VP of wholesale operations at Broadview Networks, a telecommunications company.
A native of Ruidoso, New Mexico, Willard earned a bachelor's degree in economics at the University of New Mexico. Willard is also a musician and songwriter with the "Museum of the Horse" rock band.
Survive this economic revolution at http://RevolutioNewsletter.com
Read Cody's blog at http://codywillard.com
Facebook Cody at http://www.facebook.com/profile.php?id=763890180
MySpace Cody at http://www.myspace.com/codyonfox
FOX Translator
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SYMBOL
A specialist is a member of a stock exchange who works as an auctioneer for a specific stock and/or stocks. It can be an individual, partnership, corporation or group of firms.
The specialist works to maintain a "fair and orderly market" for respective stocks, matching up buyers and sellers by displaying the best "bid" and "ask" prices at its trading post. If buys are not equal to sells, the specialist evens the scale by buying or selling shares, accordingly. However, they cannot make their own transactions until all investor orders have been placed.
Gauging supply and demand, the specialist sets an opening price for the stocks in its domain. If a price has not been set by the time the market opens, the specialist can delay that particular stock's opening.
Specialists make money off the "spread," which is the difference between bid and ask prices on orders.
