What on Earth is Happening to Berkshire Hathaway?BRK.A is down 99.7% today from about $622,000 per share to $185. Most likely a glitch, but the stock has been halted and will be interesting to figure out why this happened.
BRK/B trade ideas
BRK.B "always bearish" Based on a bull baer power indicator of "push/pull" type; after I edited the dimensions of the indicator for volume instead of moving average I found BRK.B new to always be Bearish. Unlike BRK.B NEW, the BTC indicator had bearishness many years ago and since is Bullish. Too bad I can't overlay to different charts to show each individual indicator representing each in the same image; if only. It appears people are always trying to defeat Berkshire Hathaway with volume. Unless the edits I made to the indicator represent nothing. Sometimes a nothing indicator an imagined concept reveals as much information as if it was real.
(BRK.B) berkshire hathaway_newThe orange line is a same price % scale of BTC overlayed on top of BRK.B. The long term success of BRK.B is harder done than said. The volatility of Bitcoin is hellish compared to so many years of BRK.B succeeding including stock splits to keep the price down. If marginal shares were available to all people where a person could invest any amount of money they wished into the stock market perhaps more people would have become interested in stock trading before cryptocurrency succeeded. Cryptocurrency affords anyone to invest for any amount of money on any trade of cryptocurrency regardless of the price per share cost, unlike stock market. I know that marginal shares became a thing on Robinhood a couple years back. I am unaware of the progressive push by Robinhood and how their work influences other stock trading companies to improve their business model to appeal to a younger audience. Ironically, there is no way to put "BRK.B" into a tag. There is an understatement of percentage earned here as seen on the BRK.B chart because it doesn't account for all the stock splits over the years. One would have to create a modified chart to have a way to compare stocks that split versus cryptocurrency that does not, kind of like the, 'adjust for inflation' thing people always say and do.
(New Trade) BRK.B(11 May 2024)
Opened a new position into BRK.B as a Trend Continuation trade
Entry: $411.35
Initial S/L: $ 395.66
Counter has appeared to have completed Micro Wave 4 as a Zig Zag correction from its Micro Wave 3 High at $430.
Look to ride the trend back up to its Micro Wave 3 as the initial target.
What Did Buffett Say at the Shareholders' Meeting?What Did Buffett Say at the Shareholders' Meeting?
Warren Buffett, aged 93, held his first Berkshire Hathaway shareholders' meeting this weekend without Charlie Munger, his longtime partner at Berkshire Hathaway, who passed away at the age of 99.
Following the meeting, it was revealed that Berkshire Hathaway's cash reserves are at record levels and continuing to grow, reflecting the challenge of finding stocks for the value investing strategy that has defined billionaire Warren Buffett's success.
Cash, cash equivalents, and short-term Treasury bills for Buffett's group totaled $189 billion at the end of March, up 13% from the end of 2023. "It is fair to assume that by the end of this quarter they will probably be around $200 billion," Buffett said.
According to the legendary investor:
Berkshire sold about 13% of its Apple shares;
reduced its stake in Chevron by approximately 2%;
Coca-Cola and American Express are "wonderful companies";
the Indian stock market may present "untapped opportunities";
"We only pick those areas that we like."
Technical analysis of Berkshire Hathaway stock B (BRK.B) shows that:
the price is forming an ascending channel (shown in blue);
after forming a historical high (A), the price showed a sharp decline – a bearish sign;
attempts to surpass this high were unsuccessful, with peak B ending at a lower level – confirming supply-side activity at price levels around $420 per share of BRK.B;
bulls have the opportunity to bounce off the channel's median line to demonstrate their determination – aided by psychological support around $400 per share.
However, with each candle on the price chart of BRK.B, a descending channel (shown in red) becomes clearer – indicating a correction within the current upward trend and suggesting potential price decline of BRK.B towards the channel's lower boundary.
According to TipRanks, the average price target for BRK.B is $443 over the next 12 months.
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We expect price to push upwards near $449We expect price to push upwards near $449.
But first we might see some retracement towards the green support line and worst case scenario further retracement could reach as near the low level of $321. But from there we expect a major bounce to the upside target of $449
Betting against Buffett is a bad idea.
Berkshire Hathaway's Q1 Operating Earnings Jumped 39% Berkshire Hathaway's ( LSE:BRK ) Q1 operating earnings rose 39% to $11.22 billion, driven by robust insurance and investment income. The Omaha-based company reported a 39% increase from $8.065 billion in the year-ago quarter. At the end of the quarter, approximately 75% of the aggregate fair value was concentrated in five companies.
In Q1 net earnings, investment losses totaled approximately $9.7 billion, while gains amounted to around $23.4 billion in the same period of 2023. These gains and losses were primarily due to changes in unrealized gains in equity security investments. After-tax realized gains from investment sales were $11.2 billion in the quarter under review, compared with $1.7 billion in the year-ago period.
Net earnings attributable to Berkshire ( LSE:BRK ) shareholders decreased to $12.702 billion from $35.504 billion a year ago. Insurance underwriting generated earnings of $2.59 billion versus $911 million year over year. Earnings from insurance-investment income totaled $2.598 billion compared to $1.969 billion in the year-ago period.
Berkshire Hathaway ( LSE:BRK ) Energy Company generated first-quarter earnings of $717 million, higher than $416 million a year ago. Other controlled businesses earnings in the first quarter totaled $3.088 billion, higher than the $3.065 billion in the first quarter of 2023.
Warren Buffett, known as the "Oracle of Omaha," has a real-time net worth of $131.7 billion. BRK/B shares closed higher by 0.07% to $400.87 on Friday, with shares up by 0.26% after hours.
$BRK looking for a healthy correction?Price got heavily rejected twice at around 422 mark, with lower highs and lower lows being printed on the weekly chart. On a higher timeframe, the price has bounced again from an upper resistance. Not any meaningful bearish divergences aside a soft triple bearish divergence on the monthly chart.
In the scenario of a pullback, price could bounce from the 370 mark, where several important support levels are present: fibonacci level 0.618 of the pullback, trendline support, EMA 20 in monthly, volume/demand zone and previous resistance mark 360, which needs to be tested.
Current price: 408
Target price: 370
Long BRKHello everybody
I think BRK.B is long in long time . It is your responsibility to check and tade with yourself This analysis has an educational aspect .
Dont go into details and short timeframe
Trade with your little money and Invest with your big money
Good Luck
(BRK.A) - Technical Analysis ReportBerkshire Hathaway Inc. (BRK.A) displays a potential retracement in its upward trajectory as evidenced by the latest candlestick pattern on the daily chart. The stock closed at $616,630.01, marking a -1.64% move from the previous session. This shift could indicate a cooling phase following the recent bullish sentiment, as sellers start to take profits at current levels.
Volume Analysis:
The volume presents a dichotomy from the norm, having remained somewhat consistent, which does not fully corroborate the price dip observed. The On-Balance Volume (OBV) shows a slight downward tick yet maintains a relatively high level, suggesting that while some selling pressure is present, it has not overwhelmed the buyers' persistence.
Technical Indicators:
Moving Averages:
Ichimoku Cloud: The price resides above the Ichimoku cloud, which generally suggests a bullish trend. However, the latest price action towards the lower boundary of the cloud may hint at a weakening of the bullish momentum.
Oscillators:
Relative Strength Index (RSI): At 46.81, the RSI is currently neutral, reflecting a balance between buying and selling forces. It has retreated from the overbought territory, indicating a normalization of buying pressure.
Stochastic Oscillator: The %K line has crossed below the %D line, signaling potential short-term downside momentum and possibly forewarning of a trend reversal.
Moving Average Convergence Divergence (MACD): The MACD line remains above the signal line, but the histogram shows diminishing bullish momentum as the bars shorten. This could indicate a slowing of the upward trend or a pullback.
Support and Resistance Levels:
Fibonacci Levels: The stock is hovering above the 38.2% retracement level. A break below this could see the price target the 50% retracement level as the next support.
Psychological Levels: Maintaining support above the $600k level is crucial for maintaining bullish sentiment. A decisive drop below this could lead to a shift in market psychology and invite increased selling pressure.
Speculative Price Targets:
Looking ahead, the key resistance to watch is the recent high near the $650k level. A bullish resurgence could target this level, while a break could lead to speculative targets at $660k, adhering to the historical resistance zones. On the flip side, if the bears take control, we may see BRK.A retreat towards $590k, aligning with the Fibonacci retracement levels and previous areas of consolidation.
Conclusion:
Berkshire Hathaway Inc. currently exhibits a confluence of signals that warrant a cautious approach. While the overarching trend remains bullish above the Ichimoku cloud, the latest indicators suggest a potential consolidation or pullback could be on the horizon. Investors and traders should monitor the aforementioned levels and indicators closely, adjusting their positions accordingly. Price action near key Fibonacci levels and the Ichimoku Cloud’s lower boundary will be critical in determining the near-term trajectory of BRK.A.
Analyzing Berkshire Hathaway A (BRK.A) Stock: Insights & OutlookBerkshire Hathaway ( LSE:BRK ) has long been a staple in investors' portfolios seeking stability and growth. However, recent performance metrics and analyst projections have sparked discussions among market participants. As LSE:BRK prepares to unveil its earnings report, investors are scrutinizing key indicators to gauge the company's trajectory and potential.
Earnings Expectations:
The upcoming earnings release for Berkshire Hathaway is generating significant anticipation within the investment community. Analysts predict an EPS of $3.41, reflecting a slight decline compared to the previous year. Despite this modest setback, the company's quarterly revenue estimate stands at $81.03 billion, underscoring its robust operational scale.
Analyst Insights and Estimate Revisions:
Analyst sentiment towards LSE:BRK is crucial in shaping investor perceptions and market dynamics. Recent adjustments to analyst estimates highlight the fluid nature of short-term business patterns. Positive estimate revisions are often interpreted as favorable indicators for the company's outlook, signaling potential upside in the stock's performance.
Valuation Metrics:
Assessing BRK.B's current valuation metrics reveals insights into its market positioning. With a Forward P/E ratio of 22.07, the company commands a premium compared to industry peers. Similarly, its PEG ratio of 3.15 suggests a premium relative to projected earnings growth, underscoring investor confidence in Berkshire Hathaway's long-term prospects.
Technical Outlook
The stock's price momentum, trading near its 52-week high and above its 200-day moving average, signals positive sentiment among investors and potential for further upside.
Potential Continuation in Berkshire HathawayBerkshire Hathaway broke out to new highs in January. Now after a pullback, it may be continuing higher.
Consider the price zone around $400 on today’s daily chart. It has a potential double significance. First, it represents a 50 percent retracement of the move between January 23 and the high of February 26. Second, it’s near a high on February 13 that was retested as support on March 5. (See the white arrows.) Holding that area may confirm the financial conglomerate’s uptrend.
Next, BRK.B has remained above its 21-day exponential moving average. That could also reflect a bullish trend.
Third, stochastics have rebounded from an oversold condition.
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berkshire - brk - long ideaDear traders,
Id like to share this idea in order to take long positions.
It is consolidating right now,lets take opportunities along corrections, it can still consolidating till the previous yearly maximun level.
best,
Rail/Transportation Stocks: Macro Fib SchematicsThe biggest rail companies in the world. union Pacific, Berkshire Hathaway, CSX Corp, Northfolk Southern, Canadian Railway Co... GATX is a logistical distributor of railcars, trucks, ect...
FedEx and UPS are postal companies which transport many things.
These Schematics are an eye full but with a careful eye, it is easy to see the patterns of support and resistance. This is a 2 Month chart but they still work with the schematics because all timeframes work in tandem.
Some examples of stock movement include Berkshire Hathaway blasting off from an important Fibonacci Level (RED). Also, there are rejections on GATX and supports on UPS. Canadian Railway is heading into resistance. ECT ECT ECT...
Was it Charlie the whole time or does Warren just give up...Was it Charlie the whole time or does Warren just give up...
Berkshire Hathaway, Inc. engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through following segments: GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, McLane Company, Manufacturing, and Service and Retailing. The GEICO segment is involved in underwriting private passenger automobile insurance mainly by direct response methods. The Berkshire Hathaway Reinsurance Group segment consists of underwriting excess-of-loss and quota-share and facultative reinsurance worldwide. The Berkshire Hathaway Primary Group segment consists of underwriting multiple lines of property and casualty insurance policies for primarily commercial accounts. The BNSF segment operates railroad systems in North America. The Berkshire Hathaway Energy segment deals with regulated electric and gas utilities, including power generation and distribution activities, and real estate brokerage activities. The McLane Company segment offers wholesale distribution of groceries and non-food items. The Manufacturing segment includes industrial and end-user products, building products, and apparel. The Service and Retailing segment provides fractional aircraft ownership programs, aviation pilot training, electronic components distribution, and various retailing businesses, including automobile dealerships, and trailer and furniture leasing. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.
Warren Buffet’s Berkshire Records Annual Profit SoarBerkshire Hathaway ($NYSE: LSE:BRK ), the conglomerate led by legendary investor Warren Buffett, has once again demonstrated its financial prowess with a second consecutive year of record annual profit. The company's stellar performance, fueled by gains from investments in common stock and robust insurance operations, underscores its resilience amidst market volatility. However, amidst the positive financial results, Buffett's cautious outlook on buying opportunities and the revelation of Berkshire's foray into crypto-related stocks add layers of intrigue to the narrative.
Record Profit and Financial Highlights:
Berkshire Hathaway ( LSE:BRK ) reported an impressive net profit of $96.2 billion for the entirety of 2023, surpassing its previous record set in 2021. The company's operating profit for the fourth quarter surged by 28% to $8.48 billion, driven by gains across various investment portfolios and increased revenue from insurance operations. Berkshire's resilience in the face of market downturns, such as the crash in 2022, underscores its ability to navigate turbulent economic landscapes.
Buffett's Cautionary Tone and Limited Buying Opportunities:
Despite Berkshire's stellar financial performance, Warren Buffett remains cautious about the firm's future buying prospects. With Berkshire's massive size and a scarcity of significant acquisition opportunities, Buffett suggests that the conglomerate may only marginally outperform typical American corporations. Buffett's remarks shed light on the challenges of deploying capital efficiently in a market characterized by limited investment options, reflecting his prudent approach to capital allocation.
Surprise Crypto Investments Contradict Buffett's Stance:
In a surprising turn of events, Berkshire Hathaway's ( LSE:BRK ) disclosed investments in crypto-related stocks stand in stark contrast to Warren Buffett's well-known skepticism towards cryptocurrencies. The revelation that Berkshire increased its investment in Nubank, a leading Latin American digital bank offering crypto trading services, highlights the conglomerate's recognition of the disruptive potential of digital banking and cryptocurrencies. This strategic move underscores Berkshire's forward-looking vision and its willingness to adapt to evolving market dynamics.
Conclusion:
Berkshire Hathaway's ( LSE:BRK ) record profit, coupled with Warren Buffett's cautious tone and unexpected foray into crypto-related stocks, paints a multifaceted picture of the conglomerate's evolving strategy. While the company continues to deliver impressive financial results, Buffett's prudent approach to capital allocation reflects a commitment to long-term sustainability and value creation. As Berkshire navigates the complexities of the modern financial landscape, investors are poised to monitor its strategic moves with keen interest, recognizing the convergence of tradition and innovation within one of the world's most renowned investment vehicles.
Berkshire Hathaway Inc Long Continues with Volume
Title:
Berkshire Hathaway Inc Long Continues with Volume
Analysis:
Hello Traders,
Berkshire Hathaway Inc continues its upward trajectory with impressive volume, signaling a continuation of the long trend.
NYSE:BRK.A
Volume and Momentum Analysis:
Volume trends are robust, reflecting increasing market activity and confidence in Berkshire Hathaway Inc 's price movement. This surge in volume aligns well with the ongoing upward momentum, reinforcing the likelihood of the uptrend persisting.
Technical Analysis:
The price action consistently favors upward movement, indicating a strong bullish trend. With the support of robust volume, Berkshire Hathaway Inc appears poised for further gains.
Conclusion:
With volumes indicating strong support for the ongoing uptrend, traders may consider riding the momentum in Berkshire Hathaway Inc . However, it's essential to remain vigilant and adapt to any changes in market dynamics.
Don't Forget to Engage:
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you find this idea compelling! Feel free to share your insights and charts in the comments section below to enrich the discussion and help the idea reach a wider audience. Your engagement is invaluable!
Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions.
Happy trading!
Berkshire Hathaway - BreakoutHello Traders, welcome to today's analysis of Berkshire Hathaway.
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Explanation of my video analysis:
In 2013 Berkshire stock broke above a key resistance area which was acting as resistance for multple years. This breakout was followed by a +300% pump towards the upside. Last month Berkshire stock then also broke out of a long term triangle formation. If we get a retest back to the previous resistance mentioned in the analysis, I will be looking for long-continuation setups.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
🔝 Berkshire Hathaway. Grandpa Warren Breaks The TopLegendary investor Warren Buffett was on a trip to Tokyo, the capital of Japan, ten months earlier in mid-April 2023, and the titans of the country's giant energy and commodity conglomerates were there to make their presentations.
As usual, over glasses of Coca-Cola NYSE:KO - one of Buffett's most famous investments, they walked into Warren Buffett's suite at the luxury Four Seasons hotel and individually told the 92-year-old American investor the same thing: Japanese trading houses are cheap and should accelerate their move beyond commodities.
The support of the Oracle of Omaha is an important vote of confidence in the big five Japanese trading houses - Mitsubishi Corporations TSE:8058 , Mitsui TSE:8031 , Sumitomo TSE:8053 , Itochu TSE:8001 and Marubeni TSE:8002 .
It's also a broad endorsement of Japan, that is considered to have outlived its heyday 30-35 years ago, as well as considered less relevant than Asian counterparts such as China and India.
But there's one big question: Is Buffett betting on phasing out fossil fuels, the trading house products themselves, or a combination of the two? Or something else, like impact of the weak yen!?
Buffett's Berkshire Hathaway NYSE:BRK.B reported in August 2020 that it had acquired about 5% of the shares of five trading houses, that sent their stocks up and raised their total investment value above $6 billion. When the Covid-19 pandemic dampened demand for goods, it pushed down the value of company stocks, four of which traded below book value.
“They were selling, I thought, at a ridiculous price,” - 3 years later Buffett said to CNBC, in March 2023.
Three years after the Covid-19 pandemic (that is now hardly remembered) Warren Buffett's bets on Japan have nearly tripled to over $17 billion.
But even this Growth does not stop Buffett. Staying in Tokyo last spring, Buffett confirmed intentions to buy more shares, and participate in more big deals.
In addition, Berkshire recently unveiled plans to issue its own yen-denominated bonds, which can help hedge against the depreciation of the yen against the US dollar as well as depreciation of Japanese stocks in dollar terms.
In nowadays Japan Stock Index TSE:TOPIX ended 2023 on a positive note, adding more than 25 percent at the end of the year, that is, the maximum growth over the last 10 calendar years.
Early in 2024 TSE:TOPIX continues its growth path, as technology companies stocks are rallying.
In 2024 TSE:TOPIX hit the 2,500 yen mark - point that not been seen for more than 30 years - since the first half of 1990, while another one Japan stock index Nikkei225 INDEX:NKY hit its 36'000 Milestone - the level that was not seen also since early 1990s.
The main technical graph says Berkshire Hathaway Class B NYSE:BRK.B stocks are on the runway to break its key resistance - 6-month and all time highs, to further upside price action delver.
Buffett is just one step away from skyrocketing to the Moon 🚀Warren Buffett's Berkshire Hathaway just snapped up more Occidental Petroleum shares, pushing the legendary investor's stake in the oil company to just over 25%.
Buffett's conglomerate purchased another 2.1 million shares of Occidental in the past week when the stock traded at $57.89, an amount worth $123 million in total, according to a recent Securities and Exchange Commission filing.
Berkshire now owns 224 million shares of the oil producer worth $13 billion. That represents just over quarter of Occidental's entire value, with a total market cap of $52.56 billion.
Buffett has been vocal about his bullishness on Occidental Petroleum, snapping up big chunks of the stock over the past year as oil and natural gas prices skyrocketed in the aftermath of Russia - Ukraine tensions.
And though Buffett has said he has no interest in taking over Occidental, Berkshire gained approval from regulators to potentially own up to 50% of the company last August.
Energy prices, meanwhile, have eased from their highs last summer, but analysts have said prices are in for another surge later in the year, especially if China's economic reopening leads to a big upswing in oil demand.
Moreover El Niño is here. Commodity prices could swing in turmoil.
BRK.BBerkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.
Continuation buy/long.
