From here,
we expect bullish momentum to power $ ZU substantially higher in the near to intermediate - term:
We expect bullish momentum to carry gold ETFs substantially higher, both in the short term and intermediate - term, but we plan to sell DGP into strength before the first correction occurs, then look to re-enter after it forms a bull flag or a base of price consolidation.
Not exact matches
Sell - side analysts have grown increasingly
bullish on Apple AAPL, +0.18 % as
momentum surrounding Apple Watch builds and the company sells more iPhone 6 Plus models than
expected.
Considering that US stocks have been in a 5 - year bull market, it would be unreasonable to
expect such
bullish momentum to change overnight.
Indeed we propose a simple model of the price dynamics in which the return growth depends on three components: a) a
momentum component, naturally justified in terms of agents» belief that
expected returns are higher in
bullish markets than in bearish ones; b) a fundamental component proportional to the log earnings over price ratio at time zero.