Bull market

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«Bull markets are born on pessimism,
grown on skepticism, mature on optimism,
and die on euphoria.»

(Michael B. Steele)

The term “bull market” refers to a positive, growing market. In the trading jargon, the adjective “bullish” indicates that market is in uptrend. There’s a common say which states that: “the bull defeated the bear" to indicate that the market is showing a well defined and strong tendency to go up.

Bull market nasdaq.jpg
Explosive upward movement of the Nasdaq Index from 1991 to March 2000 on a daily chart.

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