Word: bullishness
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Bullish as were the half-year earnings of most steel companies, they were not bullish enough to account for last week's spectacular rise in steel shares on the New York Stock Exchange where no less than 14 steel issues broke into new high ground. One was U. S. Steel preferred which soared to 100¾, to sink only three-fourths of a point after earnings were announced. Reason was the counter-seasonal boom in steel. While everyone supposed that, as usual, steel operations would wilt in July, late July production turned out to be nearly a record...
...were cold to his argument that Depression is the time to expand. But Ben Smith often invests in companies because he likes their personnel, and he liked Garfield Weston. At some indeterminate date, for an unrevealed price, Ben Smith bought a block of Weston stock. Last week he was bullish enough on biscuits to do something he has rarely done: accept an executive position. He became Weston Ltd.'s board chairman...
...always bearish is hooey. Every time President Hoover and Dr. Julius Klein said things were going to get better in 1930, the profane, pale-eyed Irishman unloaded his stocks. ("Sell 'em," said he. "They're not worth anything.") The commodity in which Ben Smith is always bullish is gold. Only U. S. director of Mclntyre Porcupine gold mines, he has a large stake in Alaska Juneau, carries a miniature gold brick in his vest pocket. Ben Smith has other loves, including shellac, white pepper and New York Ship-building Co. Last week Wall Street was not surprised...
...with him. His stock slipped drearily some 11 points. At the same time the utility average registered a new all-time low, some points below the old bear market barrier. Some day, when the utility stocks have passed into nobler and purer hands, we may again become bullish on them, but just now the best thing to do is to sit tight...
...conscious of a feeling of disappointment as the market failed to put on a notable performance after reaching the expected 100 level. For a week now there has been increased volume with only a fractional gain. Not a healthy condition from a bullish standpoint. We would suggest that the substantial profits which have accrued in the past three weeks be accepted and a strategic retreat be made to the sidelines, awaiting a chance to fill the market basket again nearer the 95 level...