What To Expect When You Are Expecting Tesla To Join The S&P 500

By this point, anyone reading this piece should be well aware that Tesla (TSLA) will be joining the S&P 500 Index (SPX) effective December 21st. In practical terms, that means that index funds will need to own the stock as of the close of this Friday, December 18th. Ever since S&P/Dow Jones Indices announced this unprecedentedly large index addition on November 16th, I have discussed the topic both in this space and in various media outlets. In one case, I described it as “peeling the onion” because this one index addition could have a wide range of repercussions. I will attempt to outline some of them below.

1 2 3
View single page >> |

Disclosure: FUTURES TRADING

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.