1.Cash On Sidelines at Record Levels.
1.$Trillion Dollars in Stock Buybacks…Record.
Buybacks certainly helped in the afternoon – With today’s buyback announcements, value announced so far this year now above $1 trillion, highest yearly figure ever … even backing out Apple’s $100 billion announcement this year, 2018 is still the highest on record
From Dave Lutz at Jones Trading.
BUYBACK ETF PKW Trailed S&P All Year.
1.November Sector Performance.
From Dave Lutz at Jones.