Bullish/Bearish
In investing, financial markets are commonly believed to have market trends that can be classified as primary trends, secondary trends (short-term), and secular trends (long-term). This belief is generally consistent with the practice of technical analysis and broadly inconsistent with the standard academic view of financial markets, the efficient market hypothesis.
That market prices do move in trends is one of the major assumptions of technical analysis, and the description of market trends is common to Wall Street.
Market trends are described as periods when bulls (buyers) consistently outnumber bears (sellers), or vice versa. The terms “bull market” and “bear market” describe the trend and sentiment driving it, but can also refer to specific securities and sectors (”bullish on Yahoo”, “bullish on technology stocks,” or “bearish on titanium”, etc.).
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