Nasdaq looks particularly strong compared to the Dow. It may be because the new virus strain is expected to slow down the re-opening of the economy, while tech continues to benefit from the low rates
The market will probably continue to rise until the rate increase is more or less certain. Watch US inflation as a forward indicator of when a rate rise will happen.
software business can scale cheaply but may also face more competition. Key is to devise a strategy to monopolize the market for one' s software products
Are Software Stocks In A Bubble Or A New Paradigm?