SOPA Images/LightRocket via Getty Images With the overall U.S. equity market rising +15% to +20% since October, it is getting harder to find an honest bottoming pattern worthy of purchase for my portfolio. I am afraid a number of stocks that look like they are bottoming, are actually future “underperformers” experiencing some arbitrage buying as the general market zigzags higher (giving us a false impression of 2024’s potential for positive returns). One company that has popped onto my momentum sorts, showing incredibly constructive upside trading pressure, with little price movement as of yet, is Sea Limited (NYSE:SE). This company is…
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