This week’s big narrative is the NASDAQ Rebalancing that is scheduled to happen on July 24.
We need to start looking at the seven magnificent companies. Stocks like Apple, Microsoft, Amazon, and Tesla. Stocks like these make up 55% of the NASDAQ, and that is the purpose of the rebalancing. No new stocks will be added or taken away, but the percentages could change.
Once we see any sort of restructuring, we need to look at these stocks from a different angle.
Watch today’s conversation so I can show you where I am looking this week and what your angle should be to set yourself up for a productive trading week. Let’s get to it…
