We are not close to a bottom. You could say that we are getting closer to the bottom everyday, but nobody knows what the bottom will be.
Look at apple which is the most held stock in the world and it’s been going down almost every day. My friends have been asking me for months is it time to buy apple and I tell them wait a week and it will be cheaper, then wait another week and it will be cheaper.
I ignore these bear market rallies. You have to think about the broken system/government we have and we need changes before the market will change for the better. Passing of the omnibus bill last week will not help the stock market.
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