All of Trump's tax cut is going down the stock buyback shit hole.
Wall Street has used many gimmicks to keep the casino artificially levitated, for the sole purposes of dumping junk onto the unsuspecting sheeple. In doing so, they have created a false sense of liquidity...
If that's what you want to call it:
Blue arrows point to Fridays. The last down Friday is circled (February 2nd). Lower pane shows down volume ratio:
"The Trump tax cuts aren’t going into new investment — in fact, remarkably, investment has fallen in January in the US — but into share buybacks that reward shareholders and goose the share price to the advantage of company executives via their remuneration packages."
"But what no one seems to have expected...just how massive the rise in share buybacks actually is...2018 will see — by far — the highest level of share buybacks in US corporate history, smashing the previous record of 2007 and topping $840 billion"
This is record buybacks. Can't you tell?