Nasdaq-100 changes the calculation scheme: be careful!

Nasdaq-100 changes the calculation scheme: be careful!The Nasdaq-100 Index will undergo a special rebalancing of its components to reduce the dominance of the top seven stocks. The goal is to make strong companies more loyal to the overall dynamics.We remind you that the components of the index are the 100 largest companies by capitalization listed on the NASDAQ exchange. Companies in the financial sector are not included in the calculation, so the Nasdaq-100 can be used to analyze companies in the industrial and high-tech sectors.Now the shares of market giants  Microsoft, Apple, Microsoft, Apple, Nvidia, Tesla, Google Alphabet, Meta u Amazon  account for almost 55% of the share in the index calculation, so the other components have little effect on the overall dynamics. That is, where the big fish swims, the Nasdaq-100 is moving there, and this is unprofitable for analysts.A special rebalancing of the Nasdaq-100 will take place before the market opens on Monday, July 24 to remove the excessive concentration of large companies in the index. An official statement on this topic should appear tomorrow, July 14th.The composition of the components and the calculation method is preserved  shares are not removed or added. Only equity participation will change, so that the seven companies with the largest market capitalization occupy no more than 38.5% of the index calculation.The rebalancing will also help shift the distribution of equity within ETFs and other mutual funds such as Invesco QQQ Trust (NASDAQ: QQQ), which tracks the index. This can lead to a one-time profit or loss on open positions.However, the global consequences of such manipulations with the Nasdaq-100 are very modest  major players prefer to evaluate the market by the dynamics of the S&P 500. But the downward trend in the influence of market whales on analytical tools may continue.Let's see what happens.Profits to yall!#ForexChief #Nasdaq #stocks #Market #forexnews #blockchain #worldnews #nasdaq