Word: bullishly
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...trading behavior. Since the Dow-Jones average covers only 30 stocks, more can be learned by watching the overall price and volume movements of the more than 1,500 stocks on the New York Stock Exchange. If technical factors in the entire market form a pattern that is more bullish than bearish, the prices of stocks -and the averages-will eventually reflect that sentiment...
...Shorts Must Cover. But what most encouraged analysts was the fact that favorable signs were not isolated but spread across the board. For 15 straight trading sessions, more stocks advanced than declined, thus indicating bullish sentiment. For more than three weeks, stocks that set new highs for the year continued to substantially outnumber stocks that set new lows. Equally encouraging was the fact that the volume of trading expanded when the market advanced, contracted when the market declined. Volume has been healthy, topped 3,000,000 shares on several days...
...outcry at Soho's seamy skin mills, Home Secretary R. A. Butler has proposed a new licensing bill that may put the strippers out of business. Meanwhile, the clubs go on grossing nearly $6,000,000 a year. The bare market has never been so bullish...
...year. Many traders believe that before the market can sustain its advance, more stocks will have to participate in the rise, and new highs will have to outnumber new lows by a bigger margin. If this happens, says Walston & Co.'s Edmund Tabell, "the market could become very bullish"-and the next objective could well be 750 for the industrial average...
...eight weeks it has been on the market, the record has sold 132,000 copies.* Last week Newhart signed for a Midas-clutch of fall TV shows (including four Ed Sullivan appearances), and his nightclub fees have gone from $200 a week to $5,000 and more-a remarkably bullish development for an unknown comic who did his first nightclub act only three months ago and has so far made only one network TV appearance (with Jack Paar...