What was bottoms trade?

Answer 1

In finance, a "bottoms trade" refers to an investment strategy that aims to capitalize on a market's lowest point, or "bottom," before it begins to rise. Traders typically look for signs that a stock or asset has reached its lowest price, often using technical analysis, market sentiment, or economic indicators to make their decision. Successfully executing a bottoms trade can yield significant profits, but it also carries substantial risk, as accurately timing the market is notoriously difficult.