A short-term moving-average crossover appeared on the S&P 500 index’s chart on Thursday, and as it is followed closely by some on Wall Street it could spark increased share repurchase activity.
And this bullish technical signal comes after the latest data showed short selling had increased during the recent pullback, to reach levels seen a year ago before a long rally was kicked off.
With...
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October 21, 2021 at 10:00PM
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This bullish moving-average crossover could boost stock buyback activity, strategist says - MarketWatch
"activity" - Google News
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