Hey, Ross here:
The price action indicates the broader markets could be on the verge of breaking out of the consolidation period they’ve been stuck in since the middle of May.
We’ll need to see a few more solid green days – and maybe a successful retest of previous resistance – for it to stick.
In the meantime, let’s look at a chart that shows how corporate America is remaining surprisingly healthy among all the tariff flip-flopping.
Chart of the Day
This chart shows the billions in stock buybacks announced by the S&P 500 companies every week.
The level of share buybacks can tell us a couple things.
At the individual company level, it tells us whether company management believes their stock is undervalued.
At the aggregate level – which is what we’re looking at here – it reveals how confident corporate America is in the market as a whole.
When buybacks surge across the board, it means the people closest to the numbers believe their capital is better spent on stocks than sitting in cash.
Right now, that confidence is surging.
They’re betting that prices are still attractive – that the runway ahead is longer than what most investors realize.
Remember, when it comes to their own stock, these companies aren’t traders.
They’re not looking for a quick flip. They’re betting on the long haul.
And that means this spike in buybacks reflects real long-term confidence from the biggest companies on the market.
That’s a healthy sign.
Insight of the Day
While companies don’t look to “flip” their own stock – the individual insiders certainly do.
When it comes to share buybacks – buying company stock with company money – the companies aren’t looking for a quick flip.
But when it comes to the individual insiders – the high-level execs legally allowed to trade their own stock…
I find that the opposite tends to be the case.
When they use their personal money to trade their own company stock…
They’re more often than not in it for a relatively quick gain.
And they don’t hesitate to use their privileged access to inside information to get it.
If a company has announced a major share buyback…
Don’t be surprised if you find individual insiders loading up before the announcement.
Yeah, it’s unfair…
But it’s also not going to change.
So you might as well capitalize on it.
Later this afternoon at 3 p.m. Eastern…
I’m going LIVE to show you my tested method for positioning yourself alongside the best of these insiders…
So you can use their access to insider information to your advantage.
This method has pinpointed trades that could have led to a 1,868% gain – that’s how powerful following the insiders is.
And with the buybacks spiking, now is the time to equip yourself with this strategy.
So click here to guarantee your seat for my livestream later today if you haven’t already…
And get ready to learn the full ins-and-outs of my insider method.
See you at 3 p.m. ET later this afternoon.
Customer Story of the Day
“Traders Agency is awesome.
I have motored through multiple online high-brow investment people with their proprietary methods and none match the insight, supportive instruction and explanations of the vagaries of stock trading as I find with Ross Givens.”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
