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 ?

Again, major turns almost always occur when indicators diverge from price.

Swiss Franc Technicals and Fundamentals Forecast Declines

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

Honorable mention: Morgan's Grove, Mount Baldy (precipitous ridge run, windblown, seldom skied); Quicksilver, Bear Mountain (double fall line - hill slopes to right, run tacks to left); East Slide, Snow Valley (small bumps hold edges on steep ice); Rattlesnake, Snowcrest at Kratka Ridge (four major turns create a fall-line free-for-all; don't get bitten).