by Bob Stokes
Updated: November 09, 2017
A group of investors with very deep pockets has been engaging in a long stretch of extraordinary stock buying. Here in November, even more buying has been announced. See a chart and learn what The Elliott Wave Theorist has to say about it.
Get this: The world's largest retailer recently said it plans a $20 billion buyback of its shares!
As EWI has stated many times: The main reason corporations buy back their own shares is because company executives believe that the price will go up.
Now -- in late 2017 -- this bullishness among corporate officers is nothing short of remarkable, given stocks have already been rising for nearly nine years.
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