Is a stock market bottom near? Don’t count on it Before I begin this article, do note the major disclaimer that I have got no magical crystal ball in front of me to accurately predict the direction of the market. This is just my personal opinion, supported by “cherry-picking” some market data, so do take it with a pinch of salt. The market seems to be in “deep fear” territory, with the S&P 500 plunging by close to 4% on Monday, and the tech-heavy Nasdaq by almost 5%. The mantra now seems to be “sell first, think later”, as we witnessed stocks from all sectors being indiscriminately sold off. The narratively this week is “all-eyes” on what the Fed’s action might. Following a higher-than-expected set of inflation numbers last Friday which set the “market roiling”, the Fed might now be forced to raise interest rates by 75 basis points (bp),...