I think there’s a definite market shift going on. A couple of points. First, tech started outperforming from the April bottom…
The market has definitely started to embrace beta over safety…
And growth looks like it could be taking a lead from value although the trend isn’t clear…
Finally, it also seems that large cap has started to turn vs small caps, although its still very early to call this a trend – so early that the chart isn’t worth showing.