...and this chart says it all....its the young holding the markets up...the APT phenomenon is a millenial rushing in phenomenon...question is whether they have the sustaining power and question is how they would react when the market turns for the worse and the stimulus checks runs out.
Follow the money, many would adopt this strategy,...sure it can land you big bucks , just know it is all speculation and holding longer could be at your peril if it is not backed by anything other than irrational exuberance gone ahead of itself.
Follow the money should be accompanied by a rationale basis for the money flow based on business dynamics and sectoral prospects mapped against its valuation (that said, valuation is often cast aside in the short term), groupthink and herd mentality buying trend is not a rationale basis, if it was then Hertz would have been a great buy too, as was ISX and ESK.
