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Bull Market
Definition of the Bull Market: A financial market of a group of securities in which prices are rising or are expected to rise.
Bull market characterizes by investors confidence and their expectations for strong financial results from a group of securities. In reality is almost impossible to predict consistency of the market trends because the psychological effects and speculations play a larger role in the market than financial expectations.Term "bull market" is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities.
Dow Jones Industrial Average chart below illustrates the Bull/Bear market trends:
