Blooms drop as a result of the Russell big cap move

Partial explanation below:

The "Graduation" Liquidity Shift: When a stock grows aggressively and graduates from a small-cap index to a large-cap or mega-cap index, it can suffer a short-term drop in relative index weight. Even though the company is technically moving "up," it goes from being a massive fish in a small small-cap pond to a tiny fish in a massive large-cap pond, initially reducing its mandatory passive ETF allocation.

The final day of the Russell rebalance—historically the last Friday in June (like the recent June 26, 2026 rebalance)—regularly ranks as one of the highest trading volume days of the year.The Closing Cross Spike: To minimize tracking errors, passive managers flood the market at the exact closing bell. Exchanges like Nasdaq and the NYSE process $150 billion to $200+ billion in trading volume in a matter of minutes.

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u/Uwa7979 — 10 days ago

Volpato links the defence and attack

The press absolutely choked the Socceroos defence and any ability to link up play up into attack.

Volpato has absolutely changed this since he has come on and has the class you just don't see with our other midfielders.

Clearly we are showing more of our cards now with a bit of desperation down 0-2 but its good to know there is another gear.

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u/Uwa7979 — 17 days ago

It sucks to be a millennial in Australia right about now

For reference, this is anyone in their mid 40s to early 30s.

Is anyone in else feeling this way?

Too young to have had enough time to build wealth to take advantage of existing policies.

Too old to be the target market for the new "intergenerational fairness" regime.

Right in time to be on the mortgage and rent hamster wheel

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u/Uwa7979 — 2 months ago