bear tack

bear tack
(BAYR tak)
A downward movement in the value of a stock, sector, or the market as a whole; a general sentiment that assumes a stock, sector, or the market will go down over the short or medium term.
Example Citation:
Technology, media and telecoms companies were back on the bear tack today after a profit warning from BATM Advanced Communications and another heavy fall for the hi-tech Nasdaq market in the US.
— Michael Clark, "Nasdaq's dive gives the TMTs new grief," The Evening Standard, December 7, 2000
Earliest Citation:
The market may not be going into a bear tack, but it is in a value-for-money phase.
— Hamish McRae, "Financial Notebook," The Guardian, June 26, 1985
As often happens with stock-related terms, this phrase kept getting older the more I researched it. I eventually traced it back to 1985, which makes it much older than the usual Word Spy fare, but what the heck, it's summer.
Related Words: Category:

New words. 2013.

Look at other dictionaries:

  • Bear Tack — A fall in the price of a stock, sector, or market, or investor sentiment that assumes a fall will happen soon. A bear tack is usually used to describe bearish movement in the short to medium term. In sailing, a tack is a maneuver in which a boat… …   Investment dictionary

  • bear jam — (BAYR jam) n. A traffic jam in a park caused by motorists stopping to watch one or more bears. Example Citation: Roadside bears that prompt cars to stop, causing traffic jams, have become the park s biggest bear problem, according to park… …   New words

  • tack — Synonyms and related words: MO, aberrancy, aberration, about ship, affix, algorithm, alter, alteration, ameliorate, annex, append, approach, articulate, attach, attack, azimuth, back and fill, back band, backstrap, baste, batten, batten down, be… …   Moby Thesaurus

  • tack — I (New American Roget s College Thesaurus) n. thumbtack, carpet tack, etc.; nail; change of course, yaw, veer; route, course, path; food, fare. v. change course or direction; yaw; zigzag; baste. See connection, direction, deviation. II (Roget s… …   English dictionary for students

  • bear off — Synonyms and related words: about ship, angle, angle off, avert, back and fill, bear away, bear to starboard, beat, beat about, bend, bias, box off, branch off, break, bring about, bring round, cant, cant round, cast, cast about, change course,… …   Moby Thesaurus

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  • Stock Market and Investing — angel investor bear tack black swan Bull Market Babies capitulation bottom carve out casino culture …   New words

  • fallen angel — n. A company whose once sky high stock price has come down to earth. Example Citation: My wife knows me as a perfidious stock picker. Over the years my technique has been to buy a fallen angel at 4, then ride it to 2, panic and bail. Rich… …   New words

  • falling knife — n. A stock whose price is currently undergoing a steep or long standing decline. Example Citation: Let s look at Oak Brook based McDonald s Corp. (MCD). The stock closed Friday at $ 33.38 a share, up $ 1.38 on the week, but far off its 52 week… …   New words