Bulls and Bears – oh my!
January 14, 2021 by admin
Filed under Featured, Forex Tips
Anyone who has flicked through the financial channels on their cable TV box without really stopping to listen to what is being said will probably be occasionally confused by references to “bulls” and “bears”. These terms are common parlance in trading situations, and can be heard or read in any market analysis if you stay tuned long enough. They are not references to sports teams, nor to a traveling zoo visiting a trading floor, but rather to styles of market.
A “bull” market is, in short, a market on the rise. It is characterised by a great deal of investor confidence, which can carry on for an indefinite period of time. When a currency breaks its resistance level, it is expected to continue rising, to move with a singularity of purpose. This is much like the way a bull is characterised. Additionally, it triggers herd behavior, as more and more investors will join in and invest more. The term “bull market” is therefore a good definition of a market behaving confidently.
“Bear” markets, on the other hand, are the exact opposite of bulls. Where prices fall and the investor mood is negative, the support level may be broken and the price will continue to fall. The most common explanation for the terminology here is that when a bear attacks its prey, it tends to do so by striking downwards. For a true bear market to be declared, a majority of currencies need to fall, however a single currency can be described as behaving “bearishly”.
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Pope Leo XIV celebrated the first Christmas since his election by denouncing the suffering of people of Gaza – taking shelter in tents from the “rain, wind and cold” – and by calling for the guns to fall silent in Ukraine.
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On Christmas Day, the first US-born pope, offered the traditional “Urbi et Orbi” blessing (“To the City and to the World”) from the balcony of St Peter’s, surveying a world speckled with conflicts from Yemen to Myanmar, and calling for compassion towards those who have fled their homelands to seek a future in Europe and America.
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Leo, who was elected on May 8, said Thursday that Jesus Christ is “our peace” because he “shows us the way to overcome conflicts, whether interpersonal or international. With his grace, we can and must each day our part to reject hatred, violence and opposition, and to practice dialogue, peace and reconciliation.”
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The pontiff began by asking for “justice, peace and stability” for Lebanon, the Palestinian territories, Israel and Syria. Later, he said that, by becoming man, “Jesus took upon himself our fragility,” allowing him to identify “with those who have nothing left and have lost everything, like the inhabitants of Gaza.”
Leo celebrates Christmas Holy Mass at the Vatican.
Leo celebrates Christmas Holy Mass at the Vatican. Yara Nardi/Reuters
Leo holds an incent burner at St Peter’s Basilica.
Leo holds an incent burner at St Peter’s Basilica. Tiziana Fabi/AFP/Getty Images
The pope’s first Christmas since his election took place in wet and cold conditions, but that failed to deter large crowds from coming out to hear his message.
Earlier during Mass, he asked how, at Christmas, “can we not think of the tents in Gaza, exposed for weeks to rain, wind and cold.” With more than 400,000 homes destroyed during Israel’s war against Hamas, Gazans are being forced to choose this winter between living in tents exposed to the elements or living inside buildings that could collapse any minute.
“Fragile is the flesh of defenseless populations, tried by so many wars, ongoing or concluded, leaving behind rubble and open wounds,” Leo said. He quoted an Israeli poet, Yehuda Amichai, who called for peace to blossom “like wildflowers.”
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The acting Latin Patriarch of Jerusalem Pierbattista Pizzaballa attends a morning Mass at Saint Catherine’s Church, in the Church of the Nativity, in Bethlehem, in the Israeli-occupied West Bank December 25, 2025. REUTERS/Mussa Qawasma
Christmas celebrated once again in Bethlehem but West Bank suffering persists
Later during his Christmas message, he called for compassion towards those “who are fleeing their homeland to seek a future elsewhere, like the many refugees and migrants who cross the Mediterranean or traverse the American continent.” He offered Christmas greetings in different languages including Italian, English, Arabic, Chinese, Polish.
Since his election, Leo has highlighted the plight of those suffering of those in Gaza, and has been outspoken by calling for the better treatment of migrants. In his first major interview in September, the American pope voiced concern over “some things” happening in the country of his birth, highlighting the significance of a letter his predecessor, Pope Francis, had sent to US bishops earlier this year, rebuking the administration’s deportation plans.
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