Serious question-no hurry... Steve mentioned

    Posted by profmel on 9th of Apr 2021 at 10:48 am

    Serious question-no hurry... Steve mentioned how AAPL,AMZN,GOOGL,FB & MSFT are 21% of SPX/40% of QQQ and are pretty much responsible for this last move up to new highs. My question is: When money flows into the ETFs does that make the ETFs have to go and buy the components in the percentages in respective index? Example: $1 buys QQQ so AAPL gets 10 cents/MSFT gets 10 cents etc My point is when $$$$ flows into QQQ and SPX, is it a self-fulfilling proposition that the FAANGs are going to go up? Thanks!

    ETF

    Posted by steve on 9th of Apr 2021 at 11:04 am

    https://en.wikipedia.org/wiki/Exchange-traded_fund

    Thanks!

    Posted by profmel on 9th of Apr 2021 at 12:28 pm

    Thanks!

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