Todd Burch
14-Year Member
Remember, the BIIIIG TSLA buying ain't done.
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Re-read the S&P announcement. The addition date WILL be Mon, Dec 21, 2020 no wiggle room at all.i didn’t read the WSJ article in depth but even if they break the buying into tranches, that was already implied in the original s&p announcement. so today we should not be surprised to see more than just a one time event to complete the ‘addition’ to s&p, no?
It was more they reported that some fund managers had suggested it.WSJ opined that the second tranche should be next quarter.
You'd be worse at workSo much red! I stayed home for this?!?
"Before we can repent, we have to sin."Climbing right back up now.
Re-read the S&P announcement. The addition date WILL be Mon, Dec 21, 2020 no wiggle room at all.
The only issue is the committee asking for advice from the investment community as to whether it will be done in 2 tranches (Dec 14+21) or a single tranche on Dec 21. There was also a question as to whether those who preferred 2 tranches wanted 1/3rd + 2/3rds, 50:50, or 2/3rds + 1/3rd.
No, the WSJ fantanzing about 2021 Q1 is just that: FUD designed to shake the chairs out from under the weak longs, would-be front-runners, and 'mo-mo' traders. And the MMs+hedgies are workin' it hard this a.m.
I'll sell in Aug 2027 (for Million$).
Cheers!
Everyone.According to the DJ news wire, Nikola is canceling the Badger and the stock is off 24%
Who could have predicted that!
Is there a room to tweak the weightage by Dec-21, for example, “we will in 2 tranches add 0.5% (0.25+0.25) weightage by Dec-21“.
When S&P says they will add by a date, are they bound to 100% normal weightage by that date?
~$220 swing (in old-money)...
I meant if there’s room for S&P to come to a decision to add by Dec-21 in two tranches, but totaling only to part of the normal weightage. They didn’t mention weightage so far, so they have room with that?My understanding is they have to be specific in the weighting amount for each date. The goal of these ETFs are to mirror the S&P500 EXACTLY. The goal is to eliminate risk, not make money (i.e. exceed S&P 500). Therefore, if they didn't specify a certain percentage of weighting, and left it up to the individual managers, there would be massive deviations from the S&P 500. Think if an ETF manager bought all of the shares for the full weighting on the first date, then the stock tanked. The S&P 500 would be much higher than that index fund. Obviously vice-versa applies as well. If you want a manager to actively manage, you don't pick an index tracking ETF.