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Not much going on today other than BHP and RIO, CSL and WOW, going ex-dividend and shareholders switching into NAB, ANZ and WBC for the dividends coming up in April/May. Ex-dividend stocks going down, banks going up - notably the CBA, which is already ex-dividend is not part of the party.  Meanwhile bond yields have started trending up again taking the shine off the NASDAQ (down 2.7% against the Dow Jones down 0.4%) and technology stocks compared to the rest of the market. Today we look at the rebalancing trade and explain how the S&P/ASX Equity Indices Committee manages the ASX 200 and other indices with a rebalancing announcement due on March 12th. It tends to put a wave under a stock for a week or three whilst the stocks that drop out of the indices cop the wash.