13 Apr 2015

Buyback-induced breakouts — signal or noise?

by | posted in: Economy, Equities, Technicals | 0

GE stages massive breakout Friday on back of massive buyback announcement S&P 500 companies splurged $565 billion on share repurchases in 2014 As/when buybacks dry up, support zones become more vulnerable Before last week, GE shares had been on a … Continued

10 Mar 2015

Dow induction alone does not ensure peak in share price

by | posted in: Equities | 0

AAPL set to join Dow brings out ‘this is top’ talk Historically, tough to argue Dow inclusion ensures top If AAPL peaks, it will be for other business-related reasons AAPL (127.14) is slated to replace T in the Dow Jones … Continued