QQQE to close the gap with QQQ
QQQE (equal-weighted) looks like its relative strength versus QQQ (market-cap weighted) is about to turn around. There is close to a 5% gap between QQQ and QQQE.
I believe that gap closes and then QQQE begins to outperform. The big names have seen their day in the sun, it's time for the rest of the tech stocks to shine.
This also gives equal weight to the small-cap stocks that tend to perform very well in periods of high economic growth.
I believe that gap closes and then QQQE begins to outperform. The big names have seen their day in the sun, it's time for the rest of the tech stocks to shine.
This also gives equal weight to the small-cap stocks that tend to perform very well in periods of high economic growth.
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