Stock Trading Pit

Miss this week's return of the Stock Trading Pit Show?

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We’re kicking off 2021 with a NEW season of the Stock Trading Pit Show! We have first time guest Etienne Botes, creator of the Vortex Indicator, on for a 2 part special. along with a full recap of the Broad Markets and a bunch of chart requests from Twitter!

This Weeks Segments:
-Vortex Indicator Overview
-Broad Market Recap
-Managing Risk
-Weekend Chart Requests

After a turbulent 12 months that saw Tesla’s share price soar by more than 700 percent, the world’s most valuable car maker was added to the S&P 500 index on Monday. Tesla was by far the largest addition ever to the S&P 500, causing a trading avalanche in the run-up to its entry. In one day, more than 220 million Tesla shares changed hands as index funds tracking the S&P 500 built up their positions in the stock. As the following chart shows, Tesla joined the market cap weighted index as an instant heavyweight. Its current market cap of $682 billion places the company among the top 10 companies included in the S&P 500. With the first five spots all taken by major tech companies, Tesla currently slots in behind Facebook in sixth position.
Source: Statista