No one can call stock bottoms with absolute certainty, but there are some is just one of the thousands of stocks that trade daily in markets worldwide. Investors who went against the grain and snapped up blue-chip oil.
Last Friday, August 2, , we posted an article suggesting this current downside move in the US stock market may be setting up a “washout.
Bottom-up investing is a strategy that overlooks the significance of industry or the market in terms of understanding the company's value and/or future direction.
"The trading pattern today has been a multiswinging pattern between up and down and that's usually how bottoms are formed," he said Monday.