crashing up
n.— «This week’s jump in stock prices could be a “last gasp” of a four-month rally. “Old-timers used to have a term for a day like this,” he said. “They called it ’crashing up.’” Part of the recent rally was caused by companies buying up their own shares.…A stock buyback pushes up stock prices and increases earnings per share, since there are fewer shares on the market. Over the past 18 months, stock buybacks have taken at least 8 percent of outstanding shares off the market.» —“Stocks surge despite rush of bad news” by Dean Calbreath Union-Tribune (San Diego, California) July 14, 2007. (source: Double-Tongued Dictionary)
Further reading
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