BROWSE

Back Up The Truck

What is 'Back Up The Truck'

Slang that refers to the purchase of a large position in a stock or other financial asset by an investor or trader. Typically, when someone is willing to back up the truck on a financial asset, this implies that they're extremely bullish on that asset's performance.

Explaining 'Back Up The Truck'

For example, if an analyst recommends that it is time to start backing up the truck on XYZ stock, this means that he or she is extremely confident and upbeat about how well XYZ stock will be doing in the foreseeable future.


Further Reading


The evangelical financial ethic: Doubled forms and the search for God in the economic world
anthrosource.onlinelibrary.wiley.com [PDF]
… ences—was correct, he looked past the contemporary data and reached back to data … a breakdown of institutions and of assumptions that govern the normal application of economics … not extended, redemption demands are forestalled, trading partners don't pick up the phone …

Long distance truck drivers and the structural context of health: a culture-centered investigation of Indian truckers' health narrativesLong distance truck drivers and the structural context of health: a culture-centered investigation of Indian truckers' health narratives
www.tandfonline.com [PDF]
… ences—was correct, he looked past the contemporary data and reached back to data … a breakdown of institutions and of assumptions that govern the normal application of economics … not extended, redemption demands are forestalled, trading partners don't pick up the phone …

Small modular reactors: A comprehensive overview of their economics and strategic aspectsSmall modular reactors: A comprehensive overview of their economics and strategic aspects
www.sciencedirect.com [PDF]
… ences—was correct, he looked past the contemporary data and reached back to data … a breakdown of institutions and of assumptions that govern the normal application of economics … not extended, redemption demands are forestalled, trading partners don't pick up the phone …

Economic impact of truck–machine interference in forest biomass recovery operations on steep terrainEconomic impact of truck–machine interference in forest biomass recovery operations on steep terrain
meridian.allenpress.com [PDF]
… ences—was correct, he looked past the contemporary data and reached back to data … a breakdown of institutions and of assumptions that govern the normal application of economics … not extended, redemption demands are forestalled, trading partners don't pick up the phone …

From Kerala to Dubai and back again: construction migrants and the global economic crisisFrom Kerala to Dubai and back again: construction migrants and the global economic crisis
www.sciencedirect.com [PDF]
… ences—was correct, he looked past the contemporary data and reached back to data … a breakdown of institutions and of assumptions that govern the normal application of economics … not extended, redemption demands are forestalled, trading partners don't pick up the phone …



Q&A About Back Up The Truck


Who typically backs up the truck?

Traders and investors.

When is backing up the truck appropriate?

When you are extremely bullish on an asset's performance.

What does the term "back up the truck" mean?

To purchase a large position in an asset.

What does backing up the truck imply about your outlook for an asset's future performance?

It implies that you are extremely confident and upbeat about how well XYZ stock will be doing in the foreseeable future.

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