Consistency and stock market are two things that cannot stay together for long. The trends in the stock market keep on changing at regular basis and it is essential for stock traders to be aware of these changing trends. Upon studying these market trends, traders can take further decisions which are helpful not only for the market but for the investors too. Keeping in mind the utter importance of studying financial trends, some terms have been coined to maintain uniformity across the stock market in the entire world.

Generally, the trends of the stock market can alter in two ways – upward or downward. When the industry moves in the upward direction earning more profits and revenue then it is known as bull market. On the contrary, when there is seen a downfall in the industry then it is called bear market. Both these terms form the base for defining trends in the stock market and every professional in the industry should learn to use this jargon on a regular basis.

Apart from bull market and bear market, terms are used for describing the time frame for which a particular trend persisted in the industry. For instance, if the industry experiences profits over a long time period then it is known as secular bull market. The situation of United States Stock Market from 1983 to 2000 is an example of secular bull market only. Just opposite to secular market, economists have defined secondary market trend. In a secondary market, the changes taking place are for a very short frame of time.

In between both these types of trends, lie primary market trend. A change in the market is defined as primary only when it lasts for one year or more. Another feature that differentiates this market trend from others is it results as a combined support from not just a couple of sectors but almost every sector. Depending on the fact whether there is an upward or downward movement, primary market trend is further subdivided into primary bull market and primary bear market.