This bear market appears to have reached bottom
The bear market looks to have reached bottom. Accomplishing the “buy low” objective successfully means not attempting to “buy lowest.”There is a special reason to act in the coming week. And there is one more indicator of a market bottom: High correlation among stock movements. Since then, that has jumped to 61%.”“Across-the-board” selling means wholesale dumping to remove stock market exposure. The driving force might not be panic, but it certainly is stock market pessimism.