I know a lot of people are following it here, pretty wild it is
the most oversold it has ever been.
I don't think I have any exposure even through an index fund
anymore as it was kicked out of the SPX a bit back I believe. It
could still be in the total stock market index. That is the beauty
of indexing, the market works all this stuff out, I don't need to
be concerned with any of it or following news.
Less is more, focus on buying and selling a good risk/reward.
All the best
Thanks Steve, the SPX ESG index, I'm seeing that now. This is
what I mean about news, the headline grabs attention that it got
kicked out of the SPX, then looking closer it is the ESG.
Interesting details. Doesn't change anything for me or my strategy
with indexes. A big yawn with all this stuff:
What's the difference between S&P 500 and S&P 500
ESG?
The major differences between the two indexes were
the S&P 500 ESG index was skewed towards firms with
higher environmental, social, and governance (ESG) scores and had a
higher concentration of technology securities than the S&P 500
index.
Well I learned something this morning, never even heard of the
ESG index before today. I can see why Elon is upset about being
removed from it, look at the definition. He definitely doesn't make
the "social" grade, though I thought the environmental part is what
the company was all about? What a waste of "energy" digging into
all this. Confirms for me again why I don't bother.
Cathie Wood Loads Up $2.7M
Posted by fundamentalvalues on 28th of Dec 2022 at 08:28 am
Cathie Wood Loads Up $2.7M In Tesla On Day Shares Crash 11.4% — Also Adds This Bitcoin Related Stock
https://markets.businessinsider.com/news/etf/cathie-wood-loads-up-2-7m-in-tesla-on-day-shares-crash-11-4-%E2%80%94-also-adds-this-bitcoin-related-stock-1031991636
I know a lot of people are following it here, pretty wild it is the most oversold it has ever been.
I don't think I have any exposure even through an index fund anymore as it was kicked out of the SPX a bit back I believe. It could still be in the total stock market index. That is the beauty of indexing, the market works all this stuff out, I don't need to be concerned with any of it or following news.
Less is more, focus on buying and selling a good risk/reward. All the best
markets.businessinsider.com
Cathie Wood Loads Up $2.7M In Tesla On Day Shares Crash 11.4% â Also Adds This Bitcoin Related Stock | Markets Insider
On a day Tesla Inc (NASDAQ:TSLA) stock dropped to over two-year lows, Cathie Wood’s ARK Investment Management took the opportunity to l...
She should just change her
Posted by fredsaid on 28th of Dec 2022 at 08:44 am
She should just change her name to Cathie Woodshed ... then her an Bankman-Fried would be in sync.
TSLA is very much a
Posted by steve on 28th of Dec 2022 at 08:33 am
TSLA is very much a part of the SPX - just to clarify.
SPX Weighting
It was prior kicked out,
Posted by fundamentalvalues on 28th of Dec 2022 at 08:38 am
It was prior kicked out, did they add it back in?
https://www.barrons.com/articles/tesla-s-p-500-esg-index-51652886703
barrons.com
Tesla Got Kicked Out of the S&P 500 ESG Index. Elon Musk Sounds Upset. | Barron's
S&P Dow Jones Indices said the company, which has helped push the car industry toward electric vehicles, doesn't have a comprehensive low-carbon strategy.
That's the ESG index -
Posted by steve on 28th of Dec 2022 at 08:39 am
That's the ESG index - NOT THE SPX
Thanks Steve, the SPX ESG
Posted by fundamentalvalues on 28th of Dec 2022 at 08:43 am
Thanks Steve, the SPX ESG index, I'm seeing that now. This is what I mean about news, the headline grabs attention that it got kicked out of the SPX, then looking closer it is the ESG. Interesting details. Doesn't change anything for me or my strategy with indexes. A big yawn with all this stuff:
https://www.cnbc.com/2022/05/18/why-tesla-was-kicked-out-of-the-sp-500s-esg-index.html
cnbc.com
Why Tesla was kicked out of the S&P 500's ESG index
The S&P said that Tesla's "lack of a low-carbon strategy,"Â and "codes of business conduct"Â affected the company's score.
What's the difference between S&P
Posted by fundamentalvalues on 28th of Dec 2022 at 08:51 am
What's the difference between S&P 500 and S&P 500 ESG?
The major differences between the two indexes were the S&P 500 ESG index was skewed towards firms with higher environmental, social, and governance (ESG) scores and had a higher concentration of technology securities than the S&P 500 index.
Well I learned something this morning, never even heard of the ESG index before today. I can see why Elon is upset about being removed from it, look at the definition. He definitely doesn't make the "social" grade, though I thought the environmental part is what the company was all about? What a waste of "energy" digging into all this. Confirms for me again why I don't bother.
lol
Posted by fredsaid on 28th of Dec 2022 at 08:55 am
lol