In the world of indicator purgatory, where investors load up their screens with dozens of different indicators that end up making so much noise that no real signals are given, one simple gauge can be followed for an accurate assessment of the stock market. That indicator is found in buying and selling activity from professionals, but not just any professional this time.
Warren Buffett, responsible for Berkshire Hathaway Inc. (NYSE: BRK.B)'s holdings, has decided to continue on his course to focus on the value stocks (there are few of them) found in today’s market. These are harder to find because the S&P 500 now trades near its all-time high, leaving discounts in the dust, but that’s what makes following Buffett’s activities so powerful.
