Math
$NVDA weight in $QQQ 5.575%up +29% AH
0.0575 - 0.29 = +1.67%
The Nasdaq should be up +1.67% only on Nvidia.
0.0575 - 0.29 = +1.67%
The Nasdaq should be up +1.67% only on Nvidia.
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bwjx : still got Msft and other AI stocks rallying with it
MarketMatt ChannelOP bwjx: Sure you didn’t even mention some of the other stocks that are more spec plays that are squeezing a little
71419295 : Hi, I saw your math on the Market today. Is that really how it works?
i short the sheriff : QQQ is market cap weighted index, nvda spikes, but not all stocks. to calculate the qqq, we have to calculate all the 100 stock altogether
MarketMatt ChannelOP i short the sheriff: And yes but I’m not putting in that work lol