Word: bullishly
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...keeping with Colonel Ayres' optimism, the stockmarket last week stirred out of its doldrums and staged a strong, though brief, rally. Other indices, like public spending shown by weekly bank debits, were less cheery. On the other hand, building-most bullish factor in the industrial equation-continued onward & upward. F. W. Dodge Corp. announced that November building contracts awarded in the familiar "37 States east of the Rockies" were up 52% over November 1937, bringing the eleven-month total to $2,807,489,000, highest since...
This decree, coordinating and bringing up to date ordinances dating in Austria back to 1897, in Germany back to 1868, did not make bullish reading for German investors. They remember how in 1914 much German smart money took its prof its and got out of the market just before the War. Nazi newsorgans attributed last week's break to: 1) turning of securities into cash by German firms desirous of raising further working capital amid the Rearmament scramble; 2) forced sales by Jews squeezed in Vienna and elsewhere in Germany by fresh "Aryanization" measures, one of which excludes Jewish...
...avis, bird, and specere, to see. In ancient Rome the appearance and behavior of birds-whether they were eagles, vultures, owls, crows, or ravens, which direction they flew, how they ate grains of corn-determined whether public assemblies should be held, whether armies should attack, whether merchants should be bullish or bearish...
...decided that business men's "confidential" news letters were too gloomy, began experimenting with a letter of his own "openly and avowedly a resume of only the favorable features in the outlook for trade, industry and finance." Result was Hostetler's Good News Letter. With a suddenly bullish stockmarket. Good News had plenty of good news for this week...
...this was enormously significant-if the rail averages confirmed the industrials by breaking through their previous high of 23.5, it meant a decisive change of trend. Two days later, rails, highballing after industrials, went to 24.9. To Robert Rhea, leading exponent of the Dew Theory, this was "more bullish than anything seen in the averages for more than two years." But Robert Rhea warned that though this meant that the secondary trend (wave) had changed from bear to bull, there was still no proof that the primary trend (tide) had done the same...