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.
Mike Swanson is the editor of WallStreetWindow.com. For more about this website hit the about us page in the top navbar. To get on our free stock trading update list scroll on down and put your email into the subscribe box.
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