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thinkingonlygreen

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thinkingonlygreen

Re: None

Friday, 06/07/2019 8:11:29 PM

Friday, June 07, 2019 8:11:29 PM

Post# of 43784
Posted on Market watch

"ANNANDALE, Va. (MarketWatch) -- So much money is invested in index mutual funds that adding or deleting a stock from a widely followed index has a huge impact on its price.

A stock that is added to an index, for example, will automatically be purchased by all funds benchmarked to that index, propelling its stock higher. Conversely, a stock that is deleted will automatically be sold, forcing its price downward."

Let's hope we see some good results soon from this.
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