Here's Why Carvana Gets the S&P 500 Nod Tomorrow (and Other Info for the Quarterly Index Rebalance)
Our favorite time of the quarter! The S&P’s rebalance of the S&P Large Cap 500, Mid Cap 400, and Small Cap 600 indices. These announcements drive enormous fund flows into and out of a large number of individual equities as various ETFs are forced to buy and sell securities to match index constituents.
This post outlines why we think Carvana gets the nod, a longer list of candidates for each of the indices, and timing for the announcement.
Why Carvana Gets the Nod for the S&P 500
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