Louis Navellier reviews the recent M&A and stock buyback activity and what’s fueling this uptick. "The S&P 500 rose for its seventh consecutive week, but by only 0.1%. The Dow came within 1% of its all-time high, and the S&P 500 traded within 3% of its all-time high, but each day’s closing in the S&P was remarkably flat - in a narrow range from 1517 on Monday to 1521 on Thursday. Maybe traders are trying to dope out the market’s long-term direction before mounting an assault on new highs."
