About this episode
(7/24/23) The NASDAQ today will reduce the weightings of its top ten stocks, and rebalance the rest of the index with those new weightings in place. Could this cause a decline in the markets? Index funds today also have to rebalance at the same time, which, theoretically, would induce a lot of selling at the top. We expected the event to be a "nothingburger," because the weighting removed from the top ten stocks will be added to the bottom 90 stocks as well. Also, markets are extremely deviated, which cannot last for long, resulting in some type of market correction within the next month or so. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=mBSwcE8Iwhw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #NASDAQ #Rebalance #MarketCorrection #MarketVolatility #Money #Investing