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Free TheoNight Report - for Monday, July 10, 2023 by Brandon Chapman - Nasdaq Unch'd as Special Rebalance Forces Monsters of Tech Lower
Everyone knows that there is an outsized impact from the likes of Apple Inc (Nasdaq: AAPL), Microsoft Corp (Nasdaq: MSFT), and others. This short list of 7 companies carries about a 55% weighting on the Nasdaq 100 Index. Well, no more. The special rebalance is scheduled for July 24, 2023. Let's visit the impact of the rebalance today's unusual option activity trades (AAPL, MSFT, NVDA, SBUX, CDE, LYFT).
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Recent Media Appearances by TheoTrade
Jeff Bierman talks Zombie Apocalypse Market with Yahoo Finance Live
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Black Swan Event Imminent - Jeff Bierman Tells MarketWatch
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"You are a Genius!" - Jeff Bierman Talks Seinfeld Market with Yahoo Finance Live
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U.S. News & World Report - Don Kaufman discusses $JNJ Inflation Protection
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Volatility Is an Options Trader's Best Friend, Don Kaufman Says in Investor's Business Daily
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