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Nevertheless, Australia's resource giants "will still be maintaining long term bullish forecasts and they'll be investing based on those forecasts," given that demand for commodities will rise over the long-term from China and India, Rocks said.
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The question they are wrestling with is that there are very short-term bullish pressures on prices, but longer-term question marks".
"A short-term bullish market allows executives to reap large rewards, stemming from equity grants that number in the hundreds of thousands and sometimes millions of units per grant.
It also allows top executives to reap the pay benefits associated with a short-term bullish stock market, which may have nothing to do with their company's specific business or operations, pay experts contend.
After investors' bearish reaction last week to a moderate slowdown in economic growth in July, it is time to make again the unabashed long-term bullish case for China.
The rail play reinforces this long-term bullish construct.
I wouldn't say I am short-term bullish on prices.
Net premium paid to establish the long-term bullish stance amounts to $3.20 per contract.
The activity in this sentiment indicator confirms a short-term bullish environment for traders.
Given sentiment and technical factors, a short-term bullish outlook continues to be prudent.
One options strategist initiated a medium-term bullish stance on the stock ahead of earnings.
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