Bloom speculation for this Friday: S&P500

Disclaimer: Not financial advice. Do your own research.

My speculation: S&P500 should announce index inclusions + removals (rebalance) this Friday (although possible they do 2nd Friday of the month). If BE is in there, very good for the stock. If BE not in there, I think stock goes down because there’s likely hedge fund positioning currently based on potential inclusion.

Actual rebalance happens 2 weeks after announcement usually.