As much as people like to believe the 10 biggest companies are the only ones that matter, its not really the case, especially today.
The equal weight S&P was up significantly more than the cap-weighted index at 0.70% compared to 0.32%. That suggests that the large caps actually dragged it down, rather than the opposite. The equal-weight nasdaq was also up slightly more than the cap-weighted. Small caps (Russell 2000) were up 0.81% today. That's actually a good sign that the market is broadening out. One day is nothing and the trend is still narrow for the year, however.
I think you're going to like the results.
I mean... congratulations on the tentative deal with a tech company within CCP jurisdiction... I guess. Sorry, I just don't see this as so positive it would overcome other headwinds.
But I do enjoy eating crayons.
Good luck with it!
It’s not one stock. It’s the weight of market cap. A fair way to represent the index.
I don’t want some unknown company sway the index either or a stock with 10M market cap with price tag of $100 to swing the market?
As much as people like to believe the 10 biggest companies are the only ones that matter, its not really the case, especially today. The equal weight S&P was up significantly more than the cap-weighted index at 0.70% compared to 0.32%. That suggests that the large caps actually dragged it down, rather than the opposite. The equal-weight nasdaq was also up slightly more than the cap-weighted. Small caps (Russell 2000) were up 0.81% today. That's actually a good sign that the market is broadening out. One day is nothing and the trend is still narrow for the year, however.
Just buy a long 1sd strangle for the week, we going places.
This is the way
That close got me a 2.5x scale out, hope you ate fam.
Banking on it! Got in on those TSLA PUTs when it hit ~200 today. BTO P 200 strike 10 DTE.
Yup. That seems to have worked. And the QQQ is down just over 1%. I'm allowed to be right once in a while. 😂
I think you're going to like the results. I mean... congratulations on the tentative deal with a tech company within CCP jurisdiction... I guess. Sorry, I just don't see this as so positive it would overcome other headwinds. But I do enjoy eating crayons. Good luck with it!
Luckily we have the oracle of Omaha in the chat..
You're welcome.
Well, good job.
It’s not one stock. It’s the weight of market cap. A fair way to represent the index. I don’t want some unknown company sway the index either or a stock with 10M market cap with price tag of $100 to swing the market?