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Understanding the composition of the NASDAQ 100 is equally important. The index is market-cap weighted, which means that the companies with the highest market capitalization (the total value of their outstanding shares) have a more significant impact on the index's movement. This means that a large price change in a company like Apple will have a more significant effect on the index than a similar price change in a smaller company. So, keep an eye on the big players – they drive the narrative!
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