SentimentEdge report

Jason Goepfert

11-18-2020 at 9:25 am

What happens when S&P tries to swallow a whale

When Standard & Poor's feels the pressure to add an ultra-large stock to the index, it has typically come after a rally, and forward returns were below average. For the large stocks themselves, once they were actually added to the index, they had a tendency to see lower prices over the next few months.

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