Consumer Products Shopping Spree Inspired By Russell Rebalance Written By: David Neubert 2008-06-27 16:10:44 Photo: Alexsandro Alves, Creative Commons, Flickr
The market was selling off today, which hit consumer stocks. Added to that was the fact that the Russell Index Rebalancing that occurred today tends to push down the stocks of companies that have been engaging in buybacks.
So what's a greedy trader to do? Since, I don't like shopping in stores, I went shopping in the market.
Here's what I bought:
