Tesla stock

[reddevil0728]

What does it mean for tesla to be added in S&p in layman's term?

S&P500 index funds would have to buy tesla. hence pushing up demand and thus price?

 

[Kylo_Ren]

S&P500 index funds would have to buy tesla. hence pushing up demand and thus price?

I see. Thank you

 

[goldnut]

ARK just added back more Tesla shares

So they sold at a low and added back when it went up?

 

[moolala]

is it time to finally sell?

im not aware of any more strong catalyst

 

[Nakedtoes]

Congrats to tesla bulls

 

[athletic91]

S&P500 index funds would have to buy tesla. hence pushing up demand and thus price?

Any idea how Soon the index funds must complete their purchase ?

 

[WoShiPro]

Any idea how Soon the index funds must complete their purchase ?

They must complete by 21st dec. Else they will not be able to replicate s&p returns and cause tracking errors.

Index funds will need to buy 100m+ shares and free float will reduce to 600m+

 

[moolala]

Any idea how Soon the index funds must complete their purchase ?

They must complete by 21st dec. Else they will not be able to replicate s&p returns and cause tracking errors.

does it matter to wait?

the market already priced in by yesterday's jump

can't be that it will go up more due to SNP buying?

 

[hatredhollow]

Any idea how Soon the index funds must complete their purchase ?

Tesla added into snp officially on 21 Dec

So everything must complete by then

 

[hatredhollow]

does it matter to wait?

the market already priced in by yesterday's jump

can't be that it will go up more due to SNP buying?

Thats the intial jump and the announcement was in AH

Now all investors getting FOMO
Waiting to buy tesla

The upside is huge just like last time apple buyback their shares

 

[moolala]

Thats the intial jump and the announcement was in AH

Now all investors getting FOMO
Waiting to buy tesla

The upside is huge just like last time apple buyback their shares

hokay put in a sell order at 538$

hope it works up to that ATH

 

[reddevil0728]

So they sold at a low and added back when it went up?

That instance might not make sense, but will you say you can do better than them?

 

[reddevil0728]

is it time to finally sell?

im not aware of any more strong catalyst

Cant predict surprises

 

[reddevil0728]

does it matter to wait?

the market already priced in by yesterday's jump

can't be that it will go up more due to SNP buying?

I don’t think it’s a choice? If not they will be timing the market liao

 

[reddevil0728]

Thats the intial jump and the announcement was in AH

Now all investors getting FOMO
Waiting to buy tesla

The upside is huge just like last time apple buyback their shares

What’s AH?

 

[HMAN]

This morning woke up and found TSLA post trading price range at 462-463 range but last night closure at 40x range.. I thought there were software bugs, this triggered a GTC sell order at $460.

Luckily only selling a few shares, convention of locked in partial profits before keeping for long term.

Hope to see TSLA to head back to $500 range.

Sent from Samsung SM-T830 using GAGT

 

[LetHerGo]

What’s AH?

AH - After Hours
PH - Premarket Hours

 

[Hua_Hui]

investors at the other side of the world waking up to the news, must be damn FOMO now... I wonder how much PH will open at..
another parabolic run?

 

[Lycanboiboi]

Thats the intial jump and the announcement was in AH

Now all investors getting FOMO
Waiting to buy tesla

The upside is huge just like last time apple buyback their shares

The upside based on the inclusion alone is not as huge as you might think. So yeah, the price will go up initially because of S&P500 funds buying in.

But remember on the other hand, other non-S&P500 funds that are heavy on TSLA or already have a decent weightage in it (ARK, QQQ, QCLN VUG, SMT, Baillie Gifford etc.) will need to sell and rebalance. This plus profit taking will drive the price down more than buying IMO.

The net change in price won't be that much when everything settles down. It's good news for TSLA all around, but nothing fundamentally changes and the smart money should already know this.

 

[5408854088]

The billionaire tested positive for Covid-19, his rocket company launched four astronauts into space and on Monday his electric carmaker Tesla Inc. was named for inclusion in the S&P 500.

https://www.theedgesingapore.com/ne...h-us1-bil-more-following-tesla’s-sp-inclusion