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 $$$$ flows into QQQ and SPX, is it a
self-fulfilling proposition that the FAANGs are going to go up?
Thanks!
Serious question-no hurry... Steve mentioned
Posted by profmel on 9th of Apr 2021 at 10:48 am
Serious question-no hurry... Steve mentioned how AAPL,AMZN,GOOGL,FB & MSFT are 21% of SPX/40% of QQQ and are pretty much responsible for this last move up to new highs. My question is: When money flows into the ETFs does that make the ETFs have to go and buy the components in the percentages in respective index? Example: $1 buys QQQ so AAPL gets 10 cents/MSFT gets 10 cents etc My point is when $$$$ 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!