Rally

An extended period of rising stock, bond, or related index prices. A rally typically entails significant upward movements that happen quickly or over a short period of time. This type of price movement can happen during either a bull or a bear market, when it is known as either a bull market rally or a bear market rally, respectively. A rally usually comes after a period of consolidation or declining prices. The counterpart is of a rally is a correction or market crash, which is a sharp decline in short-term prices.