Just announced yesterday and effective prior to market open on Monday, December 19, 2022.
IN: CSGP RIVN WBD GFS BKR FANG
CoStar Group, Inc. (Nasdaq: CSGP), Rivian Automotive, Inc. (Nasdaq: RIVN), Warner Bros. Discovery, Inc. (Nasdaq: WBD), GlobalFoundries Inc. (Nasdaq: GFS), Baker Hughes Company (Nasdaq: BKR), and Diamondback Energy, Inc. (Nasdaq: FANG).
OUT: VRSN SWKS SPLK BIDU MTCH DOCU NTES
VeriSign, Inc. (Nasdaq: VRSN), Skyworks Solutions, Inc. (Nasdaq: SWKS), Splunk Inc. (SPLK), Baidu, Inc. (Nasdaq: BIDU), Match Group, Inc. (Nasdaq: MTCH), DocuSign, Inc. (Nasdaq: DOCU), and NetEase, Inc. (Nasdaq: NTES).
IN: CSGP RIVN WBD GFS BKR FANG
CoStar Group, Inc. (Nasdaq: CSGP), Rivian Automotive, Inc. (Nasdaq: RIVN), Warner Bros. Discovery, Inc. (Nasdaq: WBD), GlobalFoundries Inc. (Nasdaq: GFS), Baker Hughes Company (Nasdaq: BKR), and Diamondback Energy, Inc. (Nasdaq: FANG).
OUT: VRSN SWKS SPLK BIDU MTCH DOCU NTES
VeriSign, Inc. (Nasdaq: VRSN), Skyworks Solutions, Inc. (Nasdaq: SWKS), Splunk Inc. (SPLK), Baidu, Inc. (Nasdaq: BIDU), Match Group, Inc. (Nasdaq: MTCH), DocuSign, Inc. (Nasdaq: DOCU), and NetEase, Inc. (Nasdaq: NTES).
Rename
Indices in essence are trading systems. What I want to know is what the person in charge was thinking when they looked at RIVN and said, "that one is the best choice I've got for the Nasdaq 100".
I say it looks like a "Cup and Handle" or a prayer, mostly the latter. 73% down since inception 🤷♂️
I say it looks like a "Cup and Handle" or a prayer, mostly the latter. 73% down since inception 🤷♂️
It’s not a Cup with Handle, it’s another classic pattern, the Waterfall with Stream.
Here's a list of the symbols for 2022-12-19:
AAPL ABNB ADBE ADI ADP ADSK AEP ALGN AMAT AMD AMGN AMZN ANSS ASML ATVI AVGO AZN BIIB BKNG BKR CDNS CEG CHTR CMCSA COST CPRT CSCO CSGP CRWD CTAS CTSH CSX DDOG DLTR DXCM EA EBAY ENPH EXC FANG FAST FISV FTNT HON GFS GILD GOOGL IDXX ILMN INTC INTU ISRG JD KDP KHC KLAC LCID LULU LRCX MAR MCHP MDLZ MELI META MNST MRNA MRVL MSFT MU NFLX NVDA NXPI ODFL ORLY PANW PAYX PCAR PDD PEP PYPL QCOM REGN RIVN ROST SBUX SGEN SIRI SNPS TEAM TMUS TSLA TXN VRSK VRTX WBA WBD WDAY XEL ZM ZS
AAPL ABNB ADBE ADI ADP ADSK AEP ALGN AMAT AMD AMGN AMZN ANSS ASML ATVI AVGO AZN BIIB BKNG BKR CDNS CEG CHTR CMCSA COST CPRT CSCO CSGP CRWD CTAS CTSH CSX DDOG DLTR DXCM EA EBAY ENPH EXC FANG FAST FISV FTNT HON GFS GILD GOOGL IDXX ILMN INTC INTU ISRG JD KDP KHC KLAC LCID LULU LRCX MAR MCHP MDLZ MELI META MNST MRNA MRVL MSFT MU NFLX NVDA NXPI ODFL ORLY PANW PAYX PCAR PDD PEP PYPL QCOM REGN RIVN ROST SBUX SGEN SIRI SNPS TEAM TMUS TSLA TXN VRSK VRTX WBA WBD WDAY XEL ZM ZS
RIVN at $17.63. You gotta wonder who's the genius at Nasdaq that picked that one. 🤔
Elon Musk says RIVN and LCID are on the road to bankruptcy unless something drastic changes. He goes on to explain that new car companies don't have a chance to survive unless you're able to charge a premium for your new cars (like Tesla)... because all (most?) established car companies only make money selling parts!
Elon Musk says RIVN and LCID are on the road to bankruptcy unless something drastic changes. He goes on to explain that new car companies don't have a chance to survive unless you're able to charge a premium for your new cars (like Tesla)... because all (most?) established car companies only make money selling parts!
RIVN $16-and-change per share now. That's something like a 40% drop in about 1 month since it was added to the Nasdaq 100 and about 85% down from its November 2021 IPO. Who got paid to put this junk in the Nasdaq 100 to try to save it? Should be a crime.
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