a dead cat bounce

dead cat bounce

A sign that something is healthy or recovering, when in fact the thing is already on its way to ruin, collapse, or stagnation. Used particularly in reference to financial issues. (Based on the figurative notion that a dead cat will still bounce after a large fall.) Analysts are warning investors that the sudden spike in the currency's value is a dead-cat bounce, a natural and predictable rally after a heavy sell-off.
See also: bounce, cat, dead

a dead cat bounce

a misleading sign of vitality in something that is really moribund. informal
A dead cat might bounce if it is dropped from a great height: the fact of it bouncing does not reliably indicate that the cat is alive after all. The expression was coined in the late 20th century by Wall Street traders to refer to a situation in which a stock or company on a long-term, irrevocable downward trend suddenly shows a small temporary improvement.
See also: bounce, cat, dead
References in periodicals archive ?
Treasuries cheapened concurrently on the improved risk appetite, but only slightly, not sure whether the rally in stocks was for real, or just a dead cat bounce. Weaker than expected trade price data, little change in EGBs on the day, and ongoing expectations for a Fed rate cut by year-end, helped cap yields.
He said: "This may well be a dead cat bounce, but one imagines given the state they are in the global markets will welcome any respite they can.
"Is this a dead cat bounce? But I think this is part of the process of the market trying to find a bottom, and it not going to be V-shaped recovery," Manibhandu said.
"It's a dead cat bounce, nothing more," Sandeep Singhal, co-head of institutional equities at Emkay Global Financial Services, said in an interview in Mumbai.
This looks more like a dead cat bounce. Once down, never up again.
It is said to be a dead cat bounce, or a technical bounce back that follows a steep fall.
A dead cat bounce is a term used by traders when a spectacular decline in a stock is followed almost immediately by a moderate rise in the share price before the share resumes its downward trend.
Perhaps due to very low expectations, and announced buyback, the stock is experiencing a dead cat bounce." [Reference Link]:[https://twitter.com/GothamResearch/status/1057625091779944449]
This time, as they say in the City, it has the whiff of a dead cat bounce.
Traders expect the market to recover today but reckon it'll only be a dead cat bounce with the market continuing to slide.