This has gotta be government and institutional money trying to force this higher. I don't know a single good trader buying into this stuff at these valuations into this environment.
24H | Chip and Crypto Stocks Rally as US Announces Ceasefire Extension With Iran
Bargains? The SPX dropped twice the length from here during the tariff low selloff. Unless you think this is half as bad as the tariff situation this isn't the dip you want to buy. That is, unless you are playing a shorter term bounce.
This Oil Surge Won't Last. The Stock Market's Bargains Won't Either