In the financial jargon, the word “bull” stands for “upward” or “positive”. This is due to the fact that when a bull attacks, it lowers its head and then suddenly raises it trying to hit and lift the opponent with its horns. From this similitude with uptrends in financial markets, traders use to say that a growing and positive market is “bullish”.
The most famous bull in the financial world is the Wall Street Bull, even if other stock exchanges have placed bulls sculpture, as in the Bombay Stock Exchange. Frankfurt Stock Exchange, instead, doesn’t just host the statue of a raging bull that watches over the current market trend: in the german exchange, in fact, both a bull and a bear are present as they gaze at each other, unmovable as it is in the nature of statues to be so, but concretely true and present in every moment, in every market.
In conclusion, a positive and growing market is called a bull market.
Did you know that...
- «The cow is a mammal with large curved horns and long tail. When it is more than 4 years, the cow is called "bull", if it is castrated is called "ox”.»
- «The Wall Street bull is definitely the most famous bull of the world, but only few know that the Bombay Stock Exchange has a splendid bull very similar to the Wall Street one. And the Frankfurt Stock Exchange, in addition to the bull, also has a bronze bear ...»
- «It's not the same to talk of bulls as to be in the bullring». (Spanish proverb)
- «As soon as my bull came out i went up to it, and at the third pass heard the howl of the multitude rising to their feet. What had i done? all at once i forgot the public, the other bullfighters, myself, and even the bull; I began to fight as I had so often by myself at night in thr corrals and pastures... They say that my passes with the cape and my work with the muleta that afternoon were a revelation of the art of bullfighting. I don't know. I simply fought without a thought outside my own faith in what i was doing. With the last bull I succeeded for the first time in my life in delivering myself body and soult to the pure joy if fighting». (Juan Belmonte)