This week we asked the Invstr Community if they think that the stock market may have bottomed recently!
25% of the Invstr Community thinks that the market has bottomed and there’s nothing but room for growth in the foreseeable future. Is it a good time to buy the dip?
44% of the Invstr Community doesn’t think that the market has bottomed, and it still has more room to fall. These investors feel that the market isn’t necessarily crashing, however, it is very fragile and weak.
24% of the Invstr Community are not sure if the market has bottomed or not. Some of the uncertainty comes from figuring out how central banks are going to combat inflation and that’s left many people unsure of how fast rates will go up.
7% of the Invstr Community has no clue of what the term ‘market bottom’ means. Well, Invstrs, here’s a mini lesson! A market bottom is the lowest price that a financial security can reach in a particular time frame. This timeframe can be a year, month, a week or a day!
The Invstr Team 🙂