A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006. Now a Popeyes fast food restaurant on Google Maps.

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Entry from May 11, 2010
Permabull (Perma-bull)

A “permabull” (or “perma-bull” or “perma bull") is a person who believe that the stock market will go up—a “bull market” optimist or “permanent bull.” The term “permabull” has been cited in print since at least 1994.

The opposite of a “permabull” is called a “permabear.”

Urban Dictionary
A permabull is a financial pundit who is always bullish on the market.
Lawrence Kudlow is such a permabull. He never changes his stance on the market or economy.
by RajP Oct 19, 2005

DaveManuel.com - Investor Dictionary
Definition of Permabear
There are two parts to this word that will help to let you know its meaning:

“perma” - permanent
“bear” - someone who believes in a falling stock market, or “bear” market

The opposite of a “permabear” is a “permabull”. This is someone who has a rosy and optimistic view of the markets, no matter what transpires.

(Oxford English Dictionary)
bull, n.
Stock-Exchange [see BEAR n.1 8]. One who endeavours by speculative purchases, or otherwise, to raise the price of stocks. Bulls and Bears, the two different classes of speculators. Bull was originally a speculative purchase for a rise.
1714 C. JOHNSON Country Lasses I. i, You deal in Bears and Bulls.
1721 CIBBER Refusal I, And all this out of Change-Alley? Every Shilling, Sir; all out of Stocks, Tuts, Bulls, Rams, Bears, and Bubbles.
1761 Brit. Mag. II. 278 The cow turned into ‘Change-alley, which frighted not a little not only all the bulls, but the bears too.
1818 SCOTT Rob Roy iv, The hum and bustle which his approach was wont to produce among the bulls, bears, and brokers of Stock-alley.
1880 F. HALL in 19th Cent. Sept. 437 note, Can Mr. Bryant really have supposed financial bulls and bears to be peculiar to Wall-street, New York?

27 October 1994, St. Petersburg (FL) Times, “Prominent analyst loses Lehman job,” pg. 1E:
Garzarelli, 43, has been both celebrated and reviled as a “permabull” in the difficult 1994 market environment, in which even professional traders have had ...

Portfolio strategy: Bullish for ‘99
Kenneth L. Fisher, 12.28.98, 12:00 AM ET
HERE I GO AGAIN, still optimistic. I expect a strong 20% gain for the S&P 500 in 1999.

No, this bull market won’t live forever. I’m no “permabull,” as one of my e-mailing critics labeled me. Scan my 15 years of FORBES columns and you will find two extended periods of bearish calls. I’m very proud of them. But I don’t think I’ll need to make another one until 2001. I’m predicting two more good years.

You Know You are a Permabull When…….
You know you are a Permabull when……

. each time the market declines you declare it a “healthy pullback”
. sideways moves are actually just the market “taking a breather” or a “pause”
. missing earnings estimates is ok as long as management confirms next quarter’s guidance
posted by Mike on 02.23.06 @ 2:02 pm

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Tuesday, May 11, 2010 • Permalink