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Some of these names held by the ETF have gotten so cheap its hard not to want to own them.
This is what makes bearish markets or choppy markets so difficult.
The market will start to sort out the 'good' stocks that have been unfairly punished from the 'bad' stocks that don't deserve better valuations.
Tesla paved the way for a pure-play EV maker such as Lucid to be anointed with a massive valuation by optimistic investors.