crab market
English
editEtymology
editFrom the movement of a crab, which appears to move sideways and seems to be going neither forward (a bull market, in this metaphor) or backward (a bear market).
Noun
editcrab market (plural crab markets)
- (finance) A market trend where a stock keeps fluctuating around the same price over a longer period of time, neither entering a bull market nor a bear market
- Coordinate terms: bear market, bull market
- 1989, Joseph L. Shaefer, Bringing Home the Gold, Dow Jones-Irwin, →ISBN, page 161:
- Writing covered options is a technique to use when we're not in a bull market or a bear market, but a crab market. (I call any market that moves sideways for any length of time a crab market. This is not simply because crabs move sideways, but because people, deprived of their daily dose of market action, tend to get pretty crabby during these periods.)
- Used other than figuratively or idiomatically: see crab, market.
- 2016, Sharda Padghane, Shivaji Chavan, Dilip Dudhmal, “Fresh water crab Barytelphusa cunicularis as a food commodity: Weekly crab market study of Nanded city, Maharashtra, India”, in International Journal of Fisheries and Aquatic Studies[4], volume 4, number 4, →ISSN, page 17:
- Through the current study of weekly crab markets, monsoon season was observed to be the most productive season in terms of number of crabs brought for sale by the crab sellers from the nearby area.