SPCX — Nasdaq-100 Buying Is Over. The Real Trade Starts at $150.The forced buying already happened. SpaceX joined the Nasdaq-100 today, and JPMorgan estimated roughly $4.3B of passive inflows tied to the inclusion. Most traders think that means the move is done. I think it means the noise is done.
Context: SPCX IPO’d at $135, spiked to an all-time high of $225.
Long
