One of the more profitable free lunches on Wall Street has disappeared.
The “Index Effect” worked like this: When it was announced that a stock would be added to an index, it would rise until the date it was inserted. The opposite would happen when a stock was removed from an index.
But that’s no longer the case, according to recent research...
"easy" - Google News
September 17, 2021 at 07:40PM
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This easy-money-making strategy in the stock market has disappeared - MarketWatch
"easy" - Google News
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