The theory that holds that stock prices tend to move in the same direction as the length of hemlines on women’s dresses. In this sense, rising (shortening) hemlines indicates a bullish market, whilst dropping (lengthening) hemlines suggest a bearish market. Generally, the hemline theory is often used as in indicator of economic condition, particularly in the United States. This assumed finding was presented by analyst/ economist George Taylor in 1926.
February 21, 2023
