QQQE outperforming QQQ
$Direxion NASDAQ 100 Equal Weighted Index Shares(QQQE)$ outperforming $Invesco QQQ(QQQ)$
I strongly prefer a market where the equal weight index outperforms its cap weighted counterpart. stopped out on $First Trust Dow Jones Internet Index Fund(FDN)$ via $Daily Dow Jones Internet Bull 3X Shares(WEBL)$ but further traction gained in $iShares Russell Mid-Cap Growth ETF(IWP)$ and tried $Global X Robotics & Artificial Intelligence Thematic ETF(BOTZ)$ $Schwab U.S. Large-Cap Value ETF(SCHV)$ at etf level.
Sectors gain more traction and tend to sustain their run longer when EW index outperforms CW index. pullbacks are also more resilient imho but you need to get comfortable with trading names outside of popular mega cap growth $Vanguard Mega Cap Growth ETF(MGK)$ .
Commodities eg. precious metal $SPDR Gold Shares(GLD)$ $iShares Silver Trust(SLV)$ and natural gas $United States Natural Gas Fund LP(UNG)$ still remains the strongest without disruption in my portfolio and they would easily make your year if you have a bird eye view on all major tradable asset class in the market.
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