The overall market thus far has been propped up by just 5 stocks
1) Apple 2) Nvidia 3) Microsoft 4) Meta 5) Tesla
It is no secret the market breadth is not that great.
However, IF (IFFFFFFFFF), this is a healthy uptrend that is supported by the economy, we should see the rally becoming broader. I.E. Funds should flow into mid-caps and small-caps. There should be a reallocation of funds from overbought big caps to the broader market.
Russell 2000 is a good start and should be monitored closely for such actions. We may see a rally to 200 or even beyond.