A bull market is a financial market of a group of securities in which prices are rising or are expected to rise. It means the economy is growing. The term “bull market” is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities.

A bear market is a period of several months or years during which securities prices consistently fall. A bear market is the opposite to a bull. The term bull market is most often used in reference to the stock market, but it can also describe specific sectors such as real estate, bond or foreign exchange.

A Pig Market is a high risk big score position. Pigs refers to the investors those who are impatient, greedy and emotional towards their investments and only think of themselves.

Chickens have no specific plan and are driven by fear of losing their money. Fear overrides common sense and any plan is quickly changed if a loss occurs. They withdraw their money from the market immediately as the Market starts declining.

A group of investors may employ “wolf hunting” tactics to drive a company’s stock into the ground by selling the stock short.

In this category of market participants are not interested in a bull or bear run. They buy the shares of a company’s initial public offering, or IPO, and sell them as soon as the stock is listed and trading commences.

It refers to a temporary upswing of the market in the midst of a bear run or it could refer to select stocks.

George Freud Loewenstein is an American educator and economist.He is a leader in the fields of behavioral economics which he is also credited with co-founding and Neuroeconomics.

Adam Smith was a Scottish social philosopher and political economist. He wrote “The Wealth of Nations” which was considered as the first book written on economics. The book was also considered as “Bible of Capitalism”.

When the Ostrich senses danger it buries its head in the sand. Similarly, investors who exhibit ostrich-like behaviour ignore negative news in the hope that their portfolio is not severely hit.