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S&P Dow Jones officially announced that $Tesla(TSLA.US$ will be added to the S&P 500 stock index on December 21 of this year. After that, Tesla stock has jumped nearly 40% since the announcement bringing its year-to-date gain to nearly 580%.
Why this news brings $Tesla(TSLA.US$ huge effect?
Before answering this question, let's see how S&P 500 counts and the reason why it's influential that a stock is included in the S&P500.
What is S&P 500?
The S&P 50...
Why this news brings $Tesla(TSLA.US$ huge effect?
Before answering this question, let's see how S&P 500 counts and the reason why it's influential that a stock is included in the S&P500.
What is S&P 500?
The S&P 50...
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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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$Tesla(TSLA.US$ TESLA is far more than just an Electric Vehicle maker and even if it was EVs are becoming more affordable and far more economical to own and drive and that alone makes a strong case for the rodeo clowns to make way for the Bulls... Let's not forget that TESLA is a tech company and is at the forefront of developing advances that we will soon wonder how we lived without... So keep shorting if you want to and say it's a $78/share company... Only way it's going down is with overall market sentiment (i.e. it's S&P debut) only to rise like a SPACEX rocket to new heights!!! ...
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$Tesla(TSLA.US$ US stocks continue to set new highs. $Tesla (TSLA.US)$ is committed to accelerating the global shift to sustainable energy through electric vehicles, solar products, and integrated sustainable energy solutions for homes and businesses. Tesla is the world's earliest producer of self-driving cars. Tesla has become the world's best-selling rechargeable car company. In October 2021, it will become the sixth giant company with a market value of over US$1 trillion.
I have mentioned it many times, but I don’t have strong hold. I regret that my previous historical height was US$1,243 and continue to move towards historical highs. Many investors think that the stock price may reach 1,500 to 2,000 or even 3,000 US dollars. I have to wait for the opportunity to buy again. I feel that the stock price It will only become more and more expensive. I hope that I can buy it back around 1,000. The stocks that this story teaches should not be sold. I want to store them slowly. I hope that there will be a higher price in the future.
I have mentioned it many times, but I don’t have strong hold. I regret that my previous historical height was US$1,243 and continue to move towards historical highs. Many investors think that the stock price may reach 1,500 to 2,000 or even 3,000 US dollars. I have to wait for the opportunity to buy again. I feel that the stock price It will only become more and more expensive. I hope that I can buy it back around 1,000. The stocks that this story teaches should not be sold. I want to store them slowly. I hope that there will be a higher price in the future.
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$Tesla(TSLA.US$ $NIO Inc.(NIO.US$ Weaving Tesla into the S&P 500 means shifting weightings of many other stocks to include the electric-vehicle maker，I believe its an opportunity to buy in other Ev market stocks.
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$Tesla(TSLA.US$ TSLA moves in a strong uptrend and most probably would renew highs soon, inclusion with S&P 500 is another chance to hit new high.
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70198508 : Thanks for the great info!
Meta MooOP 70198508:
Leon D Searles Jr 70198508: were did you get this info your. digital easy to trace.
Leon D Searles Jr : false info dekcah. it's only a matter of time Nave. yours is running out
Theinvestor : At that point money management funds must bye in.