In 2020, the Nasdaq regularly traded similar, if not greater, volumes than the NYSE. In the past, that might have been a sign of excess speculation, as the Nasdaq was and still is the home to many startups and speculative issues. At one point in the past, it was referred to as the “Wild West of investing.”
That is no longer the case. With the largest, and arguably some of the most important, companies trading there, analysis of the Nasdaq is vitally important to overall investment success. And volume comparisons may not be so meaningful, anymore.
As of August 2020, there are four stocks in the U.S. market with capitalizations above $1 trillion:
All four trade on the Nasdaq.
Just for comparison, the largest non-Nasdaq stock in the Dow Jones Industrial Average is Johnson & Johnson (JNJ), with a market cap of $402 billion.
But even that is not as big as Facebook (FB), which at $721 billion and also trades on the Nasdaq.
So, it's about time everyone really pays attention to what is going on there.
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