Pivoting From New High

The S&P 500 made a new all time high last week on positive vaccine news from Pfizer. The S&P 500 and the market immediately made an abrupt pivot away from the 'stand at home' stocks to 'back to work' stocks. From this pivot, the S&P 500 continues to push higher and closed with a new closing high to end the week. Will the S&P 500 continues to move higher as the large cap tech stocks pull back from their lofty valuation?