A market bias in which the majority of investors perceive the broader market to be in an uptrend. This represents the overall dominating opinion of the majority of the market participants that the market is taking an upward trajectory. It explains the current bullish actions of the market, as well as its future bullish course of action. If the majority of investors wants to buy a given stock(s), the market bias is viewed to be bullish.
February 18, 2024