Word: bullish
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Wall Street was just as bullish. The stock market usually declines around income-tax time as investors sell securities to pay their taxes. But last week the market rose every day. The Dow-Jones industrial average hit 425-25, up 7.25 points for the week and 5.77 points above the previous bull-market high in March...
...boom, and warned: "One need not be a pessimist to see a decline ahead in automobile and steel output." At current production rates, said National City, automakers are turning out cars at a yearly rate of 9,000,000 units, almost 2,500,000 more than the most bullish estimate of 1955's production. As for steel, the bank noted that 26.9% of the industry's output is being taken by automakers, and cautioned: "Any setback in auto production will . . . cut considerably into steel output." It cannot go on without a letup, said the bank. "At some point...
Soby himself is bullish, with reservations : "Certainly some of the famous artists of the past 75 years may one day slide abruptly down the banister of the staircase their market has ascended by stages; some will make the climb again; others will slump forever at the bottom of the flight. It seems to me, however, that the big figures in 20th-century art will hold their lofty place or go still higher...
...Would you care for my autograph?' She fixed a frozen eye on me, then raised the book so as to obscure me. I have often wondered about her behavior." Dame Edith chimed in coolly: "I have often mused that the lady suspected you, Osbert, of having nefarious motives." Bullish Tenor Mario Lanza, who recently played a real-life role (on the Chrysler Corp.-sponsored Shower of Stars, CBS-TV) as a singer so weakened by dieting that his recorded voice had to be dubbed in for his own (TIME, Oct. 11), landed a rather controversial movie role...
Bulls & Bears. No one in Wall Street last week thought that the stock market had become a one-way street. But for the moment, at least, the bulls were roaring. One bullish factor, paradoxically, was supplied by the bears. It was the near record short-interest figure of 3,100,000 shares (the number of shares sold short in anticipation of a market dip). Though much of this represented investors protecting long-term gains, any decline was bound to be cushioned by the shorts buying to cover their sales...