The now rising bull market trend,
flying in the face of a decidedly bearish Federal Reserve Bank US,+ markedly higher interest rates/ inflation ,
ensures that as many investors/traders, speculators are in the market LONG, looking for higher prices and profits.
It's a decidedly potent combination of big/small money beginning to capitulate to the rising market.
But...keep this in mind if you decide ultimately to cast your lot to the market