$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)QQQ gapped higher and broke to new highs last week. Even with negative headlines over the weekend, the overall trend stayed surprisingly resilient, and the index continued to absorb bad news.
I kept adding to my QQQ position through my regular DCA. Higher rates seem to be favoring the mega-cap M7 names again, while hardware stocks have started losing relative strength.
As long as leadership remains with the strongest cash-generating companies, I’m comfortable staying patient and accumulating the index instead of chasing weaker sectors.
@Captain's Treasure
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