This means when the TIU pattern appears, the stock prices will be likely to be transferred from downtrend into uptrend or the stock market would be changed from bearish market
to bullish market, and the stock prices would rise gradually.
"A retest of Brent crude's 2015 low around $45 per barrel looks inevitable given current ample market supply and intensifying bearish market
sentiment towards prices," the firm said in a note to clients.
Analyzing subperiods, the correlation is still negative and takes a higher value (-0.1578) during the bearish market
, but turns positive (0.0268) during the bullish market.
sentiment in the wake of mid-year speculation that the Federal Reserve might begin to taper its bond buying program may have dampened issuance somewhat.
It said that the CPPI method maximizes exposure to equities in a bullish market to benefit from the gain, while in a bearish market
it allocates a larger portion of the funds in money market instruments thus protecting the principal investment.
A "more anaemic economic outlook" also kept prices in a narrow trading range last month as a bearish market
sentiment prevailed, and Brent last trading at USD 102.15 per barrel and WTI changing hands at USD 94.50 per barrel.
Still bearish market
continues to prevail over the "bullish" sentiment, the matter which is a very important detail, namely the negative closure of most sites in the foreign markets.
Conspiracy theorists, meanwhile, are preparing a case against a well-known American investment bank for triggering off gold's tumble by forecasting a bearish market
for gold in 2013.
Given the bearish market
leading the decrease of investor appetite for new and secondary deals, ECM business activity slowed down, while placement and underwriting fee income reduced to HK$4.4 million (2011: 5.0 million).
We will intervene whenever required." Sinha also said the bearish market
condition and the slowdown have dampened investors' interests.
In an extreme case of a shock triggered by a major euro zone crisis, bearish market
sentiment would almost certainly at least temporarily bring prices down to a new, much lower range.
Coincidentally, Hon Hai Group has also been plagued by significant business downturn of its affiliate, Foxconn Technology Co., Ltd., which posted combined revenue of only NT$20.964 billion in the first quarter of this year, sharply down 53% from a quarter earlier or 42% from a year ago, due mainly to a bearish market
for TV game consoles.