How about we call it "the elation before the storm" ?
Fundamentals matter. The underlying financial statements of companies stock should matter especially as a value for buying or selling... Unfortunately, not too many willa ctually read and decipher those financial reports because either they are too lazy or they do not know how to..
Yes. Frenzied buying and ramping up a market that has not underlieing reason to be ramped up is a cause of concern, right before a HUGE correction...