Not even half of the people out of stock market back in 2008/2009 have not yet returned. And money flowing from emerging markets to US they finally seeing recovery is getting strong. Where would they put all those money? They are just pulling the market to make a better entry point. And weather to blame too. But yes, any bad news will be a catalyst for the bears. I think this would be just short lived though as the same group will pump it up soon.

By the way do you guys listen to npr's marketplace. They are the only or rare unbiased one. The stock tanked immediately day after they said laws of physics (something that goes up should come down) will soon appy to stock market. Long ago some prof said US in no ways can avoid rise in inflation that is shifting from China to US. With federal pumping, strong earnings for several quarters, min wage rising etc, its turn for market to shift towards inflation.
How you guys suggest holding stocks to benefit from inflation rising. My simple mind says high inflation will result higher earnings and rise in stocks as it devaluates the money. But if it goes much higher beyond out of control, things would crash again. You guys must have some better thoughts on this.

One thing, in coming years if there will be so much concern about US inflation among international community, then crypto currencies will have another big chances at least in the market.