Banks are Sell Side Institutions. They do buybacks for the corporations where they are the Bank of Record. Banks and Sell Side Institutions also buyback their own shares of stock to boost price. Runs up are typical of Sell Side short term trading. Sell Side Institutions also have their favorite industries that they frequently have their floor traders trade for short term revenues to boost earnings for quarterly earnings reports. These patterns can be seen on stock charts when you know what industries the Sell Side aka Banks are trading during that quarter.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.