primary market trend
An extended period within a market cycle in which prices continue to make higher highs (bull market) or lower lows (bear market) before peaking out and reversing and establishing a trend in the opposite direction. A primary trend can last up to two years and consists of a Series of secondary market trends. Compare to secular market. See Cyclical Market; Market Cycle.
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secondary market trend
secular market
cyclical market
market trend
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physical price
rate of inflation
company auditor
American Association pf Individual Investors (AAII)
Institute of Chartered Accountants in Ireland