Yields are going down again so we are back to business as usual this week, disinflation. But could this bond move be a head fake? I think this gap up from Berkshire is insanely bullish. Accumulation seems smart here given this little selloff. Pyramiding in is my plan. We need to see if we will get a tech rally as I am wondering if folks will pile more into those...
I do not trade BRK.B. However, I would like to see how this plays out to these levels I set. I am ultimately looking for the bears to enter the market in order to drive price down to that huge continuation zone ($167-$185). If that does take place then I would utilize that area as a take profit. I would readjust IF price action heads further up so I would look...
Attention has been on $BRKB after they gapped down 1.5% and continued to a low of -4.5%. After finding support on a monthly level @ $209, we decided to grab a small yet powerful position in weekly calls... ~ The stock currently sitsat $213 which almost looks like a 50% retracement from todays move. Heavy weekly support @ $208-$209. Watching the orange trend...
BAC : Bank Of America , Too big to fail .
The idea is to go long as per major bullish trend.
Stock is trading in an ascending channel. We can potentially see Berkshire hitting the 200 range soon but before that, there is a small resistance it must overcome at $187.
Berkshire Hathaway has long been a leader for the S&P, but it currently looks like the conglomerate is heading into a rough period of time. The Daily 200 SMA in pink has rolled over bearish, and the key Weekly support level for the past 2-3 years has been breached to the downside. Being one of the top 10 holdings in the S&P index, if this downtrend continues...
💰 LET'S GET INTO SOME BERKSHIRE HATHAWAY ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - Daily Chart - Red Engulfing Candle - 3/3 EMA DOTS Red It looks to me that berkshire will continue down to test the upward channel support. Look for all indicators to shift on support...
Not that I would buy the airlines here, but this looks like the best sell of the bunch. There are no technical indicators that are bullish, and its got plenty of drop space.
Looks like its trying to find support at the bottom of the trend. If it holds, should be a good place for a long.
It might be an opportunity to buy
Hey traders, here is another great opportunity to purchase a great company with record high cash balances. Current cash balance = $125 Billion USD For more than a year, markets were perplexed by the abnormal cash balance of Berkshire Hathaway Inc. NYSE:BRK.A NYSE:BRK.B and whether Buffett would ever get a chance to complete a large acquisition with that...
At over 19x forward earnings it would appear BRK.b stock isn't exactly cheap right now. In fact, a fair valuation model (DCF) suggests it could be valued at this price by year end 2020 based on long term earnings growth estimates of 7%. Looking at earnings estimates for 2019 gives projections for 10.40 EPS. A long term average market multiple of 17x suggests ...
$KR is a stock to own now that the Oracle of Omaha has gone long. The stock has underperformed and is down 2.52% over the past year. For investors looking for defensive positions, we think $KR is one of the best spots to park some money for the long haul. $KR also sports a 2.27% dividend yield and trades at just 12x this year's earnings. The Kroger Co. operates...
Use the low of 20; use the high of 55.9; project out from there and these critical levels present themselves acknowledge the strength of these gann levels manage your own risk gl hf xoxo snoop
Seasonal defensive BRK.B has bounced off the 200MA. It fell last week (w/e May 10) despite beating on earnings. There were no guidance issues, but it was caught up in the trade war sell-off, despite being a defensive little affected by this, and by being overbought. I suggest entry at 208 ($1 below market). We are relying on the rising channel (note the very...