'Investors will go to other indices' after the S&P 500's Tesla snub, market analyst says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

With the S&P 500 choosing to exclude Tesla from its components, two ETF analysts gauge the move's impact on the world of index funds and beyond.

Andrew McOrmond, a managing director at WallachBeth Capital, said the S&P's move may deter investors.But that doesn't mean the S&P's more "hybrid" approach to a rules-based structure — having some rules, but without automatic inclusion or exclusion — has to change, he said.

"To have a little bit of human intervention, ... does that mean that slows them down? Does that mean that people say they're not up to the times?" McOrmond said. "I've seen a lot of rules-based-only investment strategies not do too well in this kind of environment, so, to take a pause and say, 'We're going to look at this and just think it over,' it doesn't mean that Tesla's never going to make it.

McOrmond's best guess as to why Tesla may not have been included this time around was the stock's volatility. The stock suffered its"Let's look at a different stock, just for an example. Let's say

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Easy mehn!!

No one will. Too much money and gains tied up.

Retail speculators moving to other indices. Yeah they are really important for a bubble.

They won’t.

This is funny because I just put some extra money in because they rejected an obviously over inflated stock driven company.

ARKK and QQQ FTW!

Sure.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Lucid Air will battle with Tesla Model S, Porsche Taycan for customers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Im not paying to read a fucking article. Its 2020 make your money through advertising like the rest of us. Odds of Tesla not beating those numbers by q2 2021?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »