paceX will not initially have the same relative weighting in the Nasdaq-100 as other mega-cap stocks, primarily due to recent index rule updates targeting low-float companies, alongside standard concentration caps.

Following its blockbuster initial public offering on June 12, 2026, SpaceX (SPCX) is eligible for "Fast Entry" into the Nasdaq-100 as early as July. However, its index weighting will be limited by two key mechanisms:

1. The Low-Float Capping Rule (The Biggest Factor)

In May 2026, Nasdaq updated its methodology to better handle massive companies that go public with a small percentage of publicly tradable shares.

• The Rule:For any company with a free float below 33?%, the index calculates its weight using a "float factor adjustment."

• The Impact on SpaceX:Instead of using its full listed market cap (which sits around $2 trillion), Nasdaq caps the weighting at the lesser of its total market cap or three times its free-floating shares. Because a significant portion of SpaceX remains closely held by Elon Musk and insiders, this rule severely restricts its weight compared to older mega-caps (like Apple or Microsoft) that have near-100% public floats. Its weight will only scale up gradually as more shares enter the public float.

Yes, It can go to the gym and do my workouts for me.

yes, posted good audio on zoom chat box

https://www.youtube.com/watch?v=kJEvuaHyPlQ

https://howmuchtoiletpaper.com/

Echo. The felt top on a pool table should help absorb sound.

James, Are you monitoring the Spy system for a potential trigger while Matt is gone?

The Rules Committee just cleared the bill. Here's what happens next

The Rules Committee just cleared the bill out of committee by a vote of 9-3 and gaveled out at 8:56 a.m.

it's important to note that the committee sets the parameters for debate for the House floor vote, which will happen today.

Here's what to know about that debate:

• It will be closed rule: Nobody can offer amendments on the floor today.
• 1-hour rule debate‎, then 4 hours of general debate.

Democrats on the Rules committee, not surprisingly, argued for open rule on the floor.

Matt,

Maybe this is God's way of telling you that you should have a 4 series.

http://breakpointtrades.com/mechanical/

You mean go to the hospital in your place so you can go to the battery convention?

Not O&G John, but my brother would be interested if you know any women with their own fishing boat----especially if you have pictures of the boat.

Anyone know if the US market is open on Steve's birthday?

INVESTOPEDIA EXPLAINS 'Inside Day'

An inside day is often used to signal indecision because neither the bulls nor the bears are able to send the price beyond the range of the previous day. If an inside day is found at the end of a prolonged downtrend and is located near a level of support, it can be used to signal a bullish shift in trend. Conversely, an inside day found near the end of a prolonged uptrend may suggest that the rally is getting exhausted and is likely to reverse.

high lower than previous high and low higher than previous low. Candle fits "inside" prior day high and low.

Steve,

Thanks for tonight's newsletter. Not sure why it take four days to check out ASU unless it coincides with cheerleader tryouts.

Dvandenbord

Click on link and scroll down to daily pivots. Click on headers--Classic, Woody, etc to get formula for pivot calculations. Also note that different providers show slightly different pivot numbers. This appears to result from providers using different closing quotes.

Pivot definitions

Matt,

Windows 7 and Vista both have speech recognition software. Pretty easy to use. You can click in the message body and just talk. There is a short list of commands in the software called "What can I say".

Might help save your wrist for more important stuff.