NEW YORK (TheStreet) -- Markets have been digesting some better-than-expected news lately, which has propelled prices near yearly highs.U.S. nonfarm payrolls outperformed expectations; with earnings season starting up, fundamentals could be the new catalyst higher. The first chart is of Guggenheim S&P 500 Equal Weight ( RSP) over SPDR S&P 500 Price ( SPY). As markets have rebounded since the Federal Reserve hinted at winding down easing earlier this year, market breadth has similarly rebounded. AA) announced after markets closed on Monday it projects stronger growth for the remainder of 2013. This bodes well for materials stocks as well as cyclical sectors tied to economic growth. As the markets return to fundamental drivers as opposed to artificial central bank injections, look for stronger earnings and economic data to push markets to new highs.