“In the short term the market is a voting machine. In the long term it is a weighing machine” - Buffett. Fundamentals matter over long periods, but in short t

“In the short term the market is a voting machine. In the long term it is a weighing machine” - Buffett. Fundamentals matter over long periods, but in short time spans it is, as you say, about demand for the stock which can have nothing to do with fundamentals.