major turn

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Major Turn

A change in a security's medium or long term prospects. A major turn may occur when a bull market is about to become a bear market or vice versa.

major turn

A significant change in an intermediate- or long-term trend. For example, an analyst may look for a major turn in stock prices following an extended bull market.

References in periodicals archive ?

"While identifying major turns in the economy is always difficult, I am convinced that we saw the beginnings of an improvement in the aluminum industry market condition," Kerr said of Imco's third quarter performance.

Tight squeeze: secondary aluminum smelters struggle with tight scrap supply and higher pricing brought on by foreign competition

Dodjo runs in the Capel Cure Sharp Supreme Novices' Hurdle with the experienced Jacques-Jules Manceau in the saddle, while Carlus Major turns out for the Fulke Walwyn Kim Muir Chase under amateur Philippe Brechet.