US Tax Cuts Boost Buybacks, But Quiet Periods Create Air Pocket – Mike Swanson (06/28/2018)

We have seen record stock buybacks last quarter to help boost stock market prices and help the market hold on critical technical support levels after it peaked in January.  But what people don’t know is that buybacks aren’t allowed to occur in the four weeks going into an earnings season.  We are now in such a time so there is an air pocket inside the stock market right now.

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