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Vera Padisetti Female ID: 71058189
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    $Alphabet-C(GOOG.US)$ $Microsoft(MSFT.US)$
    Some companies buy back shares to raise capital for reinvestment. This is all good and well until the money isn't injected back into the company. In July 2017, the Institute for New Economic Thinking published a paper titled "US Pharma’s Financialized Business Model" on pharmaceutical companies and their share buyback and dividend strategy.
    The study found that share buybacks weren't being used in ways to grow the company, and in many cases, total share buybacks outnumbered funds spent on research and development (R&D). The report stated:
    In the name of 'maximizing shareholder value' (MSV), pharmaceutical companies allocate the profits generated from high drug prices to massive repurchases, or buybacks, of their corporate stock for the sole purpose of giving manipulative boosts to their stock prices. Incentivizing these buybacks is stock-based compensation that rewards senior executives for stock-price 'performance.'
    And, as mentioned above, any boost to share price from the buyback seems to be short-lived. Along with Apple, Exxon Mobil, and IBM have made significant share repurchases. A CNBC article in May 2017 said since the turn of the century, total outstanding shares of Exxon Mobil have fallen 40%, and IBM's has decreased by a whopping 60% from its peak in 1995. The article notes that not only does this fit "financial engineering," but it also affects overall stock indexes that are valued on the weightings in these companies.
    $Applovin(APP.US)$ APP 3 Months Cup with Handle
    Not seeing a whole lot to share today but $APP is one worth sharing.
    3 months cup with handle
    volume pattern looks strong. Would love to see couple of quite days right around the top of of the handle or even one more shake out before the breakout
    Picture
    $Aterian(ATER.US)$ has popped with volume, as the price made a lower high, the OBV made a higher high, suggesting strong buys.
    A bullish divergence on OBV.
    $TechTarget(TTGT.US)$ 7 months cup w/ handle looks perfect
    Up/Down vol 1.97 (strong demand)
    Multiple pocket pivots through out the base
    All resulting in OBV printing 7 new highs before price in that handle
    $Amazon(AMZN.US)$Amazon to 4000 and is forming a bull flag pattern.
    5
    $Futu Holdings Ltd(FUTU.US)$It is estimated that the 93 before the market today and the 93 during the day are sideways. On option day it has never risen sharply. It is the law of harder than steel.
    $BABA-SW(09988.HK)$ I estimate that at the end of the market today, SW stabilized at 148, and BABA in the US stock market will rise significantly in the early morning.
    $TENCENT(00700.HK)$ Can’t help but say it again, Tencent is really giving money, other stocks are hard to say, Tencent buys it at this price, 95% probability will make you money and the income is okay, of course, if you expect to double it, you still can’t buy it. . . .
    $Penske Automotive(PAG.US)$ Long PAG CMP $100.54. Trading above 50 EMA . Uptrend continuation. Broke out from cup and handle pattern. Possible targets $112.35
    $S&P 500 Index(.SPX.US)$ $Hang Seng Index(800000.HK)$ U.S. stocks generally rose yesterday morning, and Hong Kong stocks are looking for an emotional outburst after a long silence on Monday and Tuesday. I said earlier that Monday and Tuesday’s decline was malicious short selling, and it is easy to do, but after this decline, it will be much smoother. But my opinion has not changed. Today is just a trend of stabilization and stabilization. The specifics still depend on tomorrow. Tomorrow is the key.