$27B of forced buying sounds huge, but it’s spread across all QQQ/NDX trackers, not one ticker. With SpaceX’s float tiny and private, the actual tradable supply gets squeezed, then gapped up and dumped. I’m skipping the pop and waiting 2-3 days for longs to take profits.

LongPort - Captain's Watch
Captain's Watch

☕️ [Task Coins Giveaway] Daily Market Talk — SpaceX Storms the Nasdaq-100

Back from the long weekend into a stacked chip week. SpaceX joins the Nasdaq-100 tomorrow, triggering an estimated $27B of forced passive buying into a stock with barely 3-5% float. SK Hynix caps Frid...

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