Russell’s annual index reconstitution expected to lead to heavy trading in some stocks
Saturday, May 31st, 2008The whole month of June is kind of a magic month.” Citi Investment Research equity strategist Lori Calvasina wasn’t referring to weddings, graduations or wildflowers blooming. She was talking about the stock trading that will take place in the next few weeks in anticipation of the annual reconstitution of Russell Investment’s indexes.
It may seem like […]
Summer may bring a turning point for stock market
Saturday, May 17th, 2008After nine months of turmoil that started with the collapse of the subprime mortgage market, Wall Street appears to be at a turning point of sorts.The data of the past few weeks have given investors some hope that the worst of the credit crisis has passed, that the economy isn’t losing jobs at a dangerous […]