Caution Ahead with Nasdaq 100 Index Rebalance (Dip vs Hold)
$Apple (AAPL.US)$ $Microsoft (MSFT.US)$ … Apple Support Levels at 163.50 & Microsoft Support Levels at 281.60 when Dip Occurs. A Great Opportunity to Buy at these Levels.
Nasdaq has conducted a special rebalance only twice before -- in December 1998 and May 2011. Nasdaq's rules state that if all stocks with a weighting of more than 4.5% in the index exceed 48%, then Nasdaq rebalances the indicator. Under Nasdaq rules, the rebalancing process sets the aggregate weight of stocks with a weighting of 4.5% or more at 40%.
The special rebalance will be based on index and stock prices as of July 3. Details will be announced on July 14, and will go effective on July 24.
The special rebalance will be based on index and stock prices as of July 3. Details will be announced on July 14, and will go effective on July 24.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment