SpaceX IPO large tech trade

Investor summaryBearish

Author plans a bearish trade on QQQ, expecting large tech stocks to be sold off to make room for SpaceX.

Bear points

Expected sell-off in QQQ's large tech stocks to rebalance the ETF for SpaceX's inclusion.

Post body

I am thinking about constructing a trade to profit from the reweighting of large tech included in the QQQ.

There is going to be a sell-off so that SpaceX will have room in the ETF.

Share your thoughts.

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