Nasdaq always outperform the market if investors believe the risk of economic downturn is significantly less than the return of that investment. On the other hand, Nasdaq would drop the most when economy gets into recession
If we look at the market today, it is all Mag7 leading the charge. The market will continue to go up and down all the time, but the trend is undeniably going up from here at this time.
What we need to watch carefully is the actual economic data in the coming months. If we start to "see" the real weakness (not from someone's dream), that would be the time to dump Nasdaq.
