Wave

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Wave

A short-term movement that goes against the general trend. For example, if the DJIA rallies on a given trading day but overall is in the midst of a prolonged bear market, the rally is called a wave against the bearish tide.
References in periodicals archive ?
Birkin notes a "recklessness which became more pronounced as Billow rose, during the 1880s and 1890s, to veritable guru status on the German musical scene" (p.
Worst of all, he fell into the grip of Freud's satanic and cocaine-headed colleague Wilhelm Fliess, who proved as incapable of curing Billow as of giving lasting help to any of his other wretched victims.
Plumes of smoke billowed from the roof of McDonald's restaurant, on Foregate Street, and could be seen across the city.
BLAZE: Thick black smoke billows across St John's Road, near Lipton Close, in Bootle Pictures: ANDREW TEEBAY
Meanwhile, smoke billowed from the roof of the former Hotel Calfornia building for several hours, and was visible for several miles around.
HUGE plumes of black smoke billowed across North Wales from an island in the River Dee after a fire broke out in a cave.
SMOKE billowed out of a Rhyl takeaway after a cooker caught fire.
Black smoke billows from the Lookers site in Thornaby, right
Pictures taken at the scene show fire crews tackling the blaze as clouds of smoke billowed into the sky.
Black smoke from the explosions could be seen for miles around as it billowed into the sky after the smash in Bologna, Italy.
The singer, 44, said: "I went on the balcony and there were billows and billows of smoke.