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🎀Mughal Queen 👑
📊 [Pharaoh’s Market Watch]
Everyone is asking: Why did SanDisk surge nearly 11% again?
Pharaoh’s answer is simple: index inclusion.
Next week, SanDisk is officially set to join the S&P 100, which means passive funds tracking the index need to adjust their holdings ahead of the effective date. In other words, part of this buying is mechanical demand—not necessarily a fresh fundamental revaluation.
Think of it like Pharaoh’s pyramid: the bricks have to be stacked before the deadline. #D
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