July 21, 2013
Tesla (TSLA), an American automobile manufacturer, will join the NASDAQ 100 Index (QQQ). It will replace Oracle (ORCL), which is moving to the NYSE. Becoming part of an index is a relatively normal happening for an up and coming company, but for ETF investors, it puts market cap weighting back in focus. Market cap weighting […]
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July 14, 2013
The Winklevoss twins of Facebook fame intend to launch a new ETF to track the price of Bitcoins, an online cryptocurrency that enjoyed a meteoric rise during bank crises in Europe. Bitcoin is an anonymous, peer-to-peer currency that is used for everything from purchasing electronics to money laundering and drug purchases. One of the biggest […]
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