Word: bulled
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Dates: during 1950-1959
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Wall Street's big bull market was almost that automatic. For weeks it has been moving upward almost as regularly as an escalator. Last week, slowly, steadily, unspectacularly, it kept right on rising. With a gain of 2.17 points for the week. the Dow-Jones industrial average set a new 21-year-record high of 276.37. Moreover, the more stable New York Times and Herald Tribune averages likewise hit new bull-market peaks...
...three years, the charging bull has pranced up more than 110 points (see chart), has put on weight despite such hammer blows as 1948's Berlin blockade, 1949's recession, 1950's outbreak of war. Each time, with nothing more than a momentary stumble, it has roared back louder and lustier than ever...
...Into the Bull's-Eye. How good is the Matador? The Air Force admits that there are bigger & better guided missiles on the drawing boards, huge missiles with longer range and much greater speed. Much more accurate guidance systems are already in the works. But the improved models, says the Air Force, are still years away. At Banana River, enough specimens of the bright red Matador have been hurled into the skies to prove that no jet fighter flying today can catch and destroy it, and that it has enough range to reach any frontline target. The tests have...
Behind the massive, grimy walls of the Toronto Stock Exchange last week, the quotations flashing across an .illuminated screen spelled out record news. The key index of 20 industrial securities jumped to a high of 347.55-well above the peak of 338.62 reached during last winter's bull market and by far the highest reading since the index was established...
Different Animal. Most crystal-gazers have been baffled because they have tried to judge the current market by old rules. 1951's bull market is different from its predecessors, largely because there has been none of the speculative frenzy that usually accompanies bull-market tops. The so-called "little fellows" have jumped into the market all right, but instead of chasing after cheap cats & dogs they have largely bought blue chips and held on to them, ignoring price fluctuations. Those with large stock profits have not sold because, with dividends so high, they can find no better employment...