Steven3906
voted
Shares of Tesla will join the S&P 500 on Dec. 21, the biggest-ever single-stock addition to the index, and that is when funds indexed to the S&P essentially start buying. That makes this week a big deal for the stock—for two reasons.
For starters, this is the final week traders have to position themselves ahead of index buying. That might drive higher-than-average volatility.
Second, Friday’s closing price will set the weighting of $Tesla (TSLA.US)$
For starters, this is the final week traders have to position themselves ahead of index buying. That might drive higher-than-average volatility.
Second, Friday’s closing price will set the weighting of $Tesla (TSLA.US)$
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Steven3906
commented on
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Steven3906
voted
The stock market has been ride on rollar-coaster this week. As the impact by election faded, new development can be seen in many differnt sectors. Hope you are on the right side of the track.
EV market remains strong, with $NIO Inc (NIO.US)$, $XPeng (XPEV.US)$ and $Li Auto (LI.US)$ all showing postive trend. They dipped earlier this week, but turned green after the release of latest earnings report.
Marijuana stocks experienced a special week as well. ...
EV market remains strong, with $NIO Inc (NIO.US)$, $XPeng (XPEV.US)$ and $Li Auto (LI.US)$ all showing postive trend. They dipped earlier this week, but turned green after the release of latest earnings report.
Marijuana stocks experienced a special week as well. ...
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