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To: Tell It Right

When is a NASDAQ ever not described as the tech-heavy NASDAQ? I have never heard and practically never read the acronym NASDAQ without the words tech-heavy in front of it. You would think that by this time after decades of repetition that everyone would know that the NASDAQ is tech heavy. It is no longer necessary to say tech heavy.


10 posted on 04/26/2022 8:31:59 AM PDT by webheart (I thought I was helping by getting vaccinated but they say I didn’t help at all. )
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To: webheart
True that. And let's be honest, the DJIA and S&P 500 are also tech heavy. As tech heavy as the NASDAQ? Of course not. But too tech heavy IMHO to reflect the broader American market.

Of course, the S&P 500 is meant to just be the largest 500 companies anyway, regardless of sector. But the managers of the DJIA ought not to have a large portion of their 30 companies be tech.

11 posted on 04/26/2022 8:35:08 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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