major turn

(redirected from Major Turns)

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.
"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.
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.