Used in the context of general equities. Stock that will fight the grain/trend of the market as whole, such as a commodities-related stock or one in an industry out of favor with investors in a bull market.
CONTRAMARKET STOCK
Meaning of CONTRAMARKET STOCK in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012