Finally we get all types of stocks in this market such as value stocks, growth stocks and momentum stocks. When different investors try to create demand for different stocks their prices will go up accordingly. It is better to stay with simple business that we know very well as long as we see great value and strong outlook. Future earnings are more important than past earnings. Only future earnings will drive stock prices further.
In short, there should be specific reason to buy and sell stocks. It is time to stay with future winners.