Stock Market Bull Bear Fight Sculpture (2024)

FAQs

What does the bull sculpture represent? ›

The bull in finance represents optimism and growth. The statute on Wall Street represents the same ideas; those of financial growth and prosperity associated with America, Wall Street, and New York City.

The terms "bear" (for down markets) and "bull" (for up markets) are thought by some to derive from the way in which each animal attacks its opponents. That is, a bull will thrust its horns up into the air, while a bear will swipe down. These actions were then related metaphorically to the movement of a market.

Key Takeaways

A bull market is when stock prices are on the rise and economically sound, while a bear market is when prices are in decline. The origin of these expressions is unclear, but one reason could be that bulls attack by bringing their horns upward, while bears attack by swiping their paws downward.

Long ago, goods and services were exchanged for other goods and services. Investors who sold bear skins they did not yet own were called bears because they expected a price decline. Bull traders were considered the opposite of bears. They bought assets with the expectation that prices would rise.

The Bull and the Bear, respectively, are long-standing symbols of optimism and pessimism about the outlook for the stock market.

In Egypt, the bull was a symbol of the fertility god Apis. In Mesopotamia the storm god Ishkur/Adad is called “bull of heaven” and “grand bull.” In mythological texts from the ancient city of Ugarit, the bull is associated with the high god El, symbolizing both strength and fertility.

A bull market refers to major upswing in the markets, while a bear market is a pronounced market downturn. Bull markets often correspond to periods of economic and job growth; bear markets are often tied to periods of economic decline and a shrinking economy.

“This new bull market can last for another seven to nine years, as AI is expected to drive significant productivity gains for companies across the board, which will strengthen corporate earnings.”

The current bull market started in October 2022, when the S&P 500 reached its most recent low. Since then, the index has swelled about 35 percent.

Bulls are generally powered by economic strength, whereas bear markets often occur in periods of economic slowdown and higher unemployment. Instead of wanting to buy into the market, investors want to sell, often fleeing for the safety of cash or fixed-income securities. The result is a seller's market.

How do you tell if a stock is bullish or bearish? ›

A bullish pennant is a pattern that indicates an upward trending price—the flagpole is on the left of the pennant. A bearish pennant is a pattern that indicates a downward trend in prices. In a bearish pattern, volume is falling, and a flagpole forms on the right side of the pennant.

During a bullish market, when the MACD line crosses above the signal line, it is a bullish signal, indicating that the uptrend is gaining momentum. This can be an entry point for long positions. On the other hand, when the MACD line crosses below the signal line, it is a bearish signal.

If a stock falls to or close to zero, it means that the company is effectively bankrupt and has no value to shareholders. “A company typically goes to zero when it becomes bankrupt or is technically insolvent, such as Silicon Valley Bank,” says Darren Sissons, partner and portfolio manager at Campbell, Lee & Ross.

Fittingly, the word bull is sometimes also used for a particularly bulky, muscular man. Another informal and slightly obscene meaning is "ridiculous," or "not true," as when you tell a lie and your brother rudely replies, "Bull!" This slang meaning has its roots in the Old French bole, "deception or trick."

“Sometimes the bull came off victorious, and at other times the bear, the result depending somewhat on the ages of the beasts.”

It is quite evident that many paintings represent feelings that man has towards his environment rather than towards the animal itself. A natural depiction of the bull would express strength, fierceness, fearlessness, and virility, or possibly some variation of these characteristics.

At 11 feet tall and 16 feet long, the aggressive bull is an unmistakable tribute to power and prosperity. Over the years, it has been accepted as an iconic New York City monument and an international symbol of Wall Street.

Minoan art, including cups and rhyta, often featured activities like bull hunting and bull jumping, as the Minoans thought the bull to be a symbol of both strength and man's triumph over nature.

The bull is Luke, because he starts talking of the sacrifice of Zachariah to God and the bull is the symbol of sacrifice, the desire for a spiritual life, which allows man to triumph beyond animal passions and to obtain peace.