After a long bull market, the valuations of tech firms are stretched.1

1.	After a long bull market, the valuations of tech firms are stretched.1). A market in which share prices are rising or are expected to rise.2). A market in which share prices are falling or are expected to fall.3). A market in which share prices are unpredictable.4). Economic problem facing a country.
Answer» The phrase “BULL market” means a situation on the stock market when people are BUYING a lot of SHARES because they EXPECT that the shares will increase in value. Thus, option 1 is the CORRECT answer.

After a long bull market, the valuations of tech firms are stretched.1). A market in which share prices are rising or are expected to rise.2). A market in which share prices are falling or are expected to fall.3). A market in which share prices are unpredictable.4). Economic problem facing a country.

Answer»

The phrase “BULL market” means a situation on the stock market when people are BUYING a lot of SHARES because they EXPECT that the shares will increase in value.

Thus, option 1 is the CORRECT answer.

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