The Nifty 7 or 8 Fall Back and Join the S&P 493

There are two periods that I can think of where the cap weighted index really ran pretty far ahead of the average. That was 2020 during the lockdown pandemic and also in 2000 in the tech bubble. In both cases, the average stock did catch up. The logical conclusion is go by the equal weight S&P, which isn't a bad way to play it.