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What are ups and downs?

What are ups and downs? Here are some definitions.

Noun
  1. (idiomatic) Periods of positive and negative events, moods, or interactions; highs and lows.
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Examples
The UK hotel market has had its fair share of ups and downs over the years.
There is no obvious reason, no cyclical pattern that can be discerned for these ups and downs.
Yes there will be little bits of ups and downs as corporate America back-pedals on IT budgets.
There were ups and downs of extreme, intense depression, and extreme, intense joy and hope.
Variations in exports are expected to be sufficient in order to cope with the cyclical ups and downs in production.
Productivity growth tends to follow and exaggerate the ups and downs of the business cycle.

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