The reasons for chasing Trump are as follows:
1. Trump himself hosted a dinner for Trump holders, and his recent loose and conciliatory attitude towards the market is beneficial.
2. Trump has a large number of unlocks in May and June, and the Trump team will use these events to push the market up and sell.
3. There is a large amount of short liquidity above Trump, and many retail investors are still continuing to short.
4. The market currently lacks narrative, and the Trump narrative may attract a lot of retail attention.
