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Share buyback activity is the best contrarian indicator out there, says Jeff Macke, peaking at...

Share buyback activity is the best contrarian indicator out there, says Jeff Macke, peaking at market tops and bottoming at lows. Right now? The dollar amount of buybacks isn't particularly high or low.
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Comments (4)
  • Brian Bobbitt
    , contributor
    Comments (1905) | Send Message
     
    Conclusion, markets are goin' up. Suits me fine. Down markets are narrow and hard to pick out profits, up markets are easier. I am sticking in SPY if that helps. Been in it late, but for a month or so now.
    Capt. Brian
    The Lost Navigator
    11 Mar 2013, 09:44 AM Reply Like
  • ktsnole1
    , contributor
    Comment (1) | Send Message
     
    Anything to keep the bull market going........
    11 Mar 2013, 11:46 AM Reply Like
  • Remyngton
    , contributor
    Comments (354) | Send Message
     
    .
    Jeff Macke

     

    http://bit.ly/10DuomD

     

    .
    11 Mar 2013, 12:17 PM Reply Like
  • digipigeon
    , contributor
    Comments (34) | Send Message
     
    Seems to me the guy has paid over and over for that day. For me, it's time to give him a break.
    1 Jul 2013, 06:43 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
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