Term used to describe a trading opportunity that is very likely to produce gains.  Beware of people who use this term; as they are only giving advice and would never be stupid enough to make the trade themself.  Afterall, there is no such thing as easy money.

Use in a sentence: “Dude, shorting the 10Y?  That’s easy money right there.”

Also see: sure thing, can’t go wrong

Easy money of the day: E-Trade (ETFC) got slammed with a friendly government reminder/urging that they need to raise capital quickly - which will be dilutive if it is even possible.  The fact that their TARP application has been held up for 6 months means that the government is either (a) evaluating whether E-Trade can go bust without major repercussions for the financial system; or (b) finding a suitor.  While (a) is more likely what the government is up to, I think there is a real possibility of (b).  CarryTrade is an ETFC user (having tried other online brokers) and is a big fan of their technology and website features.  So down 33% one day, could mean “easy money” the next.

BIG disclaimer: The fact that CarryTrade is Series 7 certified means nothing.  This is just a huge hunch.