Subject: Re: OT: NVDA
All told, Friday's rebalance should force $12.7 billion in Apple stock to be sold and $11 billion of Nvidia to be bought. That's close to the dollar amount of Apple shares that trade any given day, and about one-quarter of the dollar amount that Nvidia trades daily.
This suggests that the dollar amount of Nvidia shares trading daily is approximately 4 times the dollar amount of Apple shares trading daily. For 2 companies with approximately the same market cap (at least for the time being), that seems ... odd. Perhaps it reflects the nature of many of Nvidia's "shareholders."