The encouraging thing about the stock market, is the growing breadth of this market.
Not only Mega Tech and Growth stocks are doing ok, but also cheap and smaller companies started outperforming.
Look at the chart of S&P500 vs. RSP (Equal Weighted S&P500 Index)
RSP is +5.5% last 30D vs. S&P500 is up “only” 3.1%
Not too bad!