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Introduction
The NASDAQ 100 is going to be doing a rebalancing because they feel they are getting overweight on some of the heaviest market cap stocks. If you look at the top seven stocks here in the NASdaq top 100, you can see that six of them are in the red around one to two percent. And then if we scroll down pretty much everything else in the green. Tesla probably underperforming today alongside some of those heavy market cap companies.