so why would some pay more than they did 3 months ago? it's a short squeeze. there has to be reason why price just keeps rising. why should the price go up? usually from inflation of the dollar is worthless so price goes up. dividend is measly 2% not much better than bonds. these stocks are companies must have huge future growth to justify paying more for it. then again fundatments don't matter in these situations of short covering or speculative bubbles like tesla stocks. which more hype of 'possible' future growth and future profits etc.
I left trading many times in the 13 years. now I have a win rate of 100% edit and in scalping which is what I do that is almost an impossible achievement something I had dreamt of and worked very hard and passionately for years. the passion is important. that is what keeps you going after all the 100s of disappointments. where success seems to be in your hand but it tragically turns out to be only a mirage
the only selling is shorting there is no delivery based selling check the delivery figures if your exchange releases them. what it means that the institutions are not selling. and the shorters are getting trapped because there is no follow up selling. whoever is driving market down is not getting others to join in. maybe it is that simple
the S&P has to take off from here...….that is critical for the bull to continue. if it consolidates in a range it make the market 'heavy' and the market will take a dive. in the latter case target may 3165
%% Plenty of reasons; most of those in SPY are run better than TSLA. LOL Plenty of other reason$ why SPY goes up; UPRO................................................................................................................ I have to invest /trade every month or every quarter , or so. It does NOT have to be SPY ; more than a SPY buy , bought UPRO.,