Optimistic Bears

    Q9. Analyze Optimism during the month of July as markets were get turbulent, showing whatever metrics you care to unearth.

    What Is a Bear Market?

    A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.

    Bear markets are often associated with declines in an overall market or index like the S&P 500, but individual securities or commodities can also be considered to be in a bear market if they experience a decline of 20% or more over a sustained period of time—typically two months or more. Bear markets also may accompany general economic downturns such as a recession. Bear markets may be contrasted with upward-trending bull markets.

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    Optimism Price

    This chart shows the total daily Optimism price.

    According to the chart:

    • The trend of Optimism price was constant till July 7th
    • First there was a growth on July 18th.
    • There was significant growth om July 28th and after that the trend of Optimism price was upward.
    • The highest price was 1.75 on July 30th.
    • The lowest price was 0.45 on July 13th.

    **Source: