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#nasdaq #nasdaq100 #magnificent7 #financenews #technews
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0:00
do we think about this special
0:01
rebalancing you got to spread it out
0:03
gotta spread it out spread it out I mean
0:05
the fact that like seven stocks
0:07
represent almost 60 leaves not quite of
0:09
an index right not an index the point
0:11
yeah of an index so you know you got to
0:13
spread out the love but it's uh
0:14
emblematic of all these big tech
0:16
companies that are really just
0:17
absolutely crushing it right now from
0:19
the chips to Tesla to you know Amazon so
0:22
I think the hope is is that all of the
0:23
people investing in the NASDAQ uh index
0:25
funds are going to be spread out a
0:27
little more so expect those returns to
0:29
be a little bit lower a little bit lower
0:31
but more Diversified uh we're entering
0:32
earnings season this week diversity is
0:35
our strength as we like to say here
0:36
totally and I think uh the move uh from
0:39
NASDAQ was particularly interesting
0:40
because they rushed this out the door
0:42
ahead of earnings because the the worry
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is is that if any of these big tech
0:46
companies report less than ideal
0:48
earnings and they uh they drop five
0:49
percent the control index will just
0:51
absolutely tank so they kind of from my
0:54
uh my sources they Rush the Precision a
0:56
little bit and uh