"hemline theory" meaning in English

{
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      "expansion": "hemline theory (uncountable)",
      "name": "en-noun"
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
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          "name": "English entries with incorrect language header",
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      "examples": [
        {
          "ref": "1986 February 3, John Gantz, “Stock Market Is Easy if You Choose the Right Omen”, in InfoWorld, InfoWorld Media Group, Inc., page 19",
          "text": "I also like the hemline theory better than the freight-car-loading theory, on the grounds of aesthetics. The former theory, you will recall, relates stock booms to periods in which hemlines are higher.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "The informal theory that stock market prices move in the same direction as the hemline of women's skirts, short skirts being considered bullish and long skirts bearish."
      ],
      "id": "en-hemline_theory-en-noun-8Kqwny0p",
      "links": [
        [
          "informal",
          "informal"
        ],
        [
          "stock market",
          "stock market"
        ],
        [
          "price",
          "price"
        ],
        [
          "bullish",
          "bullish"
        ],
        [
          "bearish",
          "bearish"
        ]
      ],
      "tags": [
        "uncountable"
      ],
      "translations": [
        {
          "code": "fi",
          "lang": "Finnish",
          "sense": "theory",
          "word": "helmalinjateoria"
        }
      ]
    }
  ],
  "word": "hemline theory"
}

{
  "head_templates": [
    {
      "args": {
        "1": "-"
      },
      "expansion": "hemline theory (uncountable)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
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      "examples": [
        {
          "ref": "1986 February 3, John Gantz, “Stock Market Is Easy if You Choose the Right Omen”, in InfoWorld, InfoWorld Media Group, Inc., page 19",
          "text": "I also like the hemline theory better than the freight-car-loading theory, on the grounds of aesthetics. The former theory, you will recall, relates stock booms to periods in which hemlines are higher.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "The informal theory that stock market prices move in the same direction as the hemline of women's skirts, short skirts being considered bullish and long skirts bearish."
      ],
      "links": [
        [
          "informal",
          "informal"
        ],
        [
          "stock market",
          "stock market"
        ],
        [
          "price",
          "price"
        ],
        [
          "bullish",
          "bullish"
        ],
        [
          "bearish",
          "bearish"
        ]
      ],
      "tags": [
        "uncountable"
      ]
    }
  ],
  "translations": [
    {
      "code": "fi",
      "lang": "Finnish",
      "sense": "theory",
      "word": "helmalinjateoria"
    }
  ],
  "word": "hemline theory"
}