Buffett
BRK.B Defensive after earningsSeasonal 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 precise channel touches) to avoid a repeat of Feb-Mar price action, hence the tight stop of 203, just below last week’s low. Targeting 224, the previous ATH gives a 3.2:1 trade.
$BRK.B $BRK.A long term entry at 199.99BRK.B - Berkshire Hathaway aka Baby Berk
I've been a long time fan of Warren Buffett's strategies and mentalities. While this is not a dividend play, the entry under 200.00 is very comfortable for the long term. I picked up my shares at 199.99 (under 200, I wasn't kidding :laughing:)
Long KMI - excellent trendFew days ago KMI moved out of consolidation zone on higher volume. Weak structure above and price discovery mode almost guarantee (I don't usually say that :) ) growth up to $24 and higher ($32).
Today KMI will have earnings announcement after market close, so I am going to use possible wide price swings to buy some shares.
This is one of the Buffett' companies anyway (with average price of $23,65), so I prefer to have it in the long-term portfolio.
(Buffett portfolio)