Stocks are a stone's throw away from retesting the January 2018 highs.

Why?

Stock buybacks.

That's the assessment from Kevin Kelly, CEO of Benchmark Investments.

He's bullish on the technology sector for the second half of 2018, as Amazon (AMZN) , Alphabet (GOOGL) and Apple (AAPL) are poised to benefit from the holiday shopping season.

 

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