Small-Caps Ripping' For Russell Rebalance
Traders Magazine, May 2001
Positioning ahead of the annual Russell rebalancing has now begun in earnest.
Hedge funds, brokers and active managers have pounced on those names that will enter or exit the Russell 2000 and 1000 indices on June 29th. Much of the trading is focused on small-caps that have grown large enough to enter the Russell 2000. "There's no question those stocks are really ripping right now," said Steve Kreichman, a trader on Salomon Smith Barney's portfolio trading desk.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.