The equal weighted move masks heavy dispersion underneath. Curious how much of this run is RKLB and ASTS pulling the average versus broad participation across the basket. Index returns rarely tell the whole story when constituents trade on very different theses.
Equal weighted basket masks heavy dispersion. Pure plays versus defense primes with space exposure have very different cash flows and contract visibility. The aggregate looks parabolic, but composition matters more than the trend here.
The equal weighted move masks heavy dispersion underneath. Curious how much of this run is RKLB and ASTS pulling the average versus broad participation across the basket. Index returns rarely tell the whole story when constituents trade on very different theses.
Equal weighted basket masks heavy dispersion. Pure plays versus defense primes with space exposure have very different cash flows and contract visibility. The aggregate looks parabolic, but composition matters more than the trend here.
Uranus moving into gemini was key with the space sector. We've got a few years of changes in technology, communication, transportation on the way!