market top

(redirected from Top of the Market)

Market top

(1) The point in time at which a security's price begins to trend downwards after trending upwards. (2) The price level at which a security's price begins to trend downwards after trending upwards.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Market Top

The highest price for a security or index over a given period of time. For example, if Stock A has been on a bullish trend for a long time and later begins to decline, the market top is the highest price during its bull market. See also: Fulcrum point, Market bottom.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

market top

The high point of stock prices measured by one or more of the stock averages or indexes. Compare market bottom.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The prize package includes round-trip airfare for two, courtesy of the SDTA; a three-night stay at The US Grant, a Luxury Collection Hotel; dinner for two at the Top of the Market, with views of San Diego Bay; two tickets to Sea World; and a Harbor Tour for two on Homblower Cruises & Events.
It is one of the "big four" supermarkets - the others being Asda, Sainsbury's and Morrisons - faced with the threat posed by Waitrose at the top of the market and discount stores Aldi and Lidl at the other.
ASHFORD CASTLE bk d February 11, Blackstone Gene- Droopys Laramie Trainer: Fraser Black For a third week on the trot the Red Mills Unraced provides the ammunition for this slot and in Ashford Castle we have the dog who was the ante-post favourite now back at the top of the market. It must be two months ago since Paschal Taggart stated that Ashford Castle could be the best of the quartet of dogs owned by the Diamonds Are Forever Syndicate.
How about a 1,753-square-foot Siesta Towers corner penthouse with Gulf views in all directions, purchased at the top of the market in 2006 for $1,741,000, listed at press time for $875,000?
Taylor Wimpey also confirmed pre-tax losses of pounds 1.97bn for 2008 following huge write-downs on its landbank and goodwill on the 2007 merger which created the firm at the top of the market.
Around 18 per cent of homeowners who are planning to move said they were thinking of going into rented accommodation in the hope that they would be able to sell their home near the top of the market and buy another one once prices have fallen, according to change of address website
They are the naysayers who sold without buying within the last two years at what they thought was the top of the market. They remain hostage, by their own false conviction, in a rental apartment that is too small and too expensive.
Rather than this huge growth at the top of the market, which was driven by state enterprises buying vehicles, now it's moving to individuals buying cars.
As to the reason for the declines, a number of traders say that there has been some speculative trading, with some companies selling at the top of the market.
"Subscribers are like other investors, the newest ones you get are the people who wait till the top of the market when they see everyone they know is in ...
Last year it was only $1.9 billion, so we're well off the top of the market."
Market capitalization and book value correlations continue to diverge, he noted, with technology companies with lower book values shooting to the top of the market cap rankings.