Stock prices are a function of supply and demand, although other influences, such as earnings and the economy, might affect the desirability of owning or selling a particular stock.
After all, the stock market has rallied for eight years, notching record high after record high. The S&P 500 has almost quadrupled from the low during the financial crisis. For the weeks, we have been looking for the market to provide us with some pullback but it continues to push up. Investing during bull markets can be easy money using buy and holding strategy. It would have been “easy” to make large profits by simply being long.