The Big Picture » Expiry, Rebalancing, Summer Friday

Expiry, Rebalancing, Summer Friday

Posted By Barry Ritholtz On June 18, 2010 @ 6:39 am In Markets | Comments Disabled

We have lots of things going on in the market today — do not be surprised to see some odd trading:

• Its the end of the quarter, so we have Quadruple Expiration: Options, Futures, Indices, etc.

• Russell 2000 rebalancing ^[1] will be impacting lots of the smaller names

• FIFA World Cup ^[2] today features the US vs Slovenia at 10am; Pebble Beach ^[3] the rest of the day (PGA video ^[4])

• Summer Friday — rookies manning the terminals!

Looks to be a squelchy day — watch for the volume fade, especially after lunch . . .

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2010/06/expiry-rebalancing-summer-friday/

URLs in this post:

[1] rebalancing: http://www.russell.com/indexes/membership/reconstitution/default.asp

[2] FIFA World Cup: http://www.fifa.com/worldcup/matches/index.html

[3] Pebble Beach: http://sports.espn.go.com/golf/leaderboard

[4] PGA video: http://www.pgatour.com/livegolf/

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