Legendary 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...
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.
Continuation buy/long.
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
DRC stands for Daily Report Card
To be all transparent I adopted this from smb capital. Credits and Kudos to them.
I used it and did some modifications to suit my purpose. So you can do the same to what I have over here and modify according to your requirements.
The...
Daily chart with ichimoku.
We notice that the LS comes out from the top of the cloud.
Prices rebounded on the cloud.
RSI at 60.34 and MACD above 0.
Make up your mind.
Will Berkshire Hathaway investors panic when Warren Buffet passes away?
Few companies are as closely tied to their leaders as Berkshire is to Warren Buffett and was to Charlie Munger.
Munger's recent passing, who served as Berkshire's vice chairman since 1978, signifies the end of an era for the company. While Munger's role was significant, Buffett's...
Charlie Munger right hand man to investment giant Warren Buffett has passed away on the 28 November 2023, born 1 January 1924. Not only was he an investment wiz he was great at behavioral psychology.
He started his investment career in 1962 working as a real estate attorney which he gave up to pursue investment management along side Otis Booth, he later went on...
The chart posted is that of what and why I wrote The buy and hold crowd will remember this date . it is that of Berkshire Hathaway class B . I saw that in Jan 2022 we made a High as did the QQQ n SPY in which I wrote in detail 12/8/2021 2022 THE YEAR OF 20%PLUS CORRECTION calling for the drop into the 20 10 4 2 year cycle low and that the drop would be...
KEY METRICS
Berkshire Hathaway reported a third-quarter net loss of $12.77 billion.
Apple’s 12% fall over the quarter hurt the company’s $350 billion stock portfolio.
The company's cash hoard rose to a record $157.2 billion, thanks in large part to Treasury holdings.
The company continued to slow the pace of buybacks in the third quarter.
Warren Buffett's...
The chart posted is that of the longer term super cycle wave B that started from super cycle wave 5 from 2009 low has stated that the 2021 dec forecast super cycle 5 th wave blowoff Parallel to 1907 to 1929 peak and that a correction Bear market would decline at a min .382 of the bull market with the likelihood more like a 50 % decline to 55 % Based on...
Berkshire Hathaway B currently has an average brokerage recommendation (ABR) of 1.67, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by three brokerage firms. An ABR of 1.67 approximates between Strong Buy and Buy.
Looking at the earnings estimate revisions for Berkshire Hathaway B,...
The price established itself on a strong demand zone and seems like its going to make some gains up to $543,000 area.
Upon reaching that area the price might break through the supply zone, in which case we can expect a rally to the last high of $566,000.
Or else, the trend will reverse back to its current point.
Bullish divergence on the RSI 4 hour, potential double bottom with easy to strategize stoploss just below the recent lows.
looks like that breakaway gap may never get filled.
Although the last few days have been volatile, the price of Berkshire has now backed the low of the magenta wave (1) and is currently in an uptrend. The same colored wave (2) should reach $360 before a reversal takes place. The 37% probability alternative scenario is for the price to rise further, which would come into play on a break of the resistance at $373.34.
Berkshire Hathaway Inc . (NYSE:BRKa)'s Class B shares (NYSE:BRK.B) continued their upward trend for a third consecutive day on Friday, with a modest gain of 0.37%, closing at $346.34. This comes amidst a broadly positive market, where the S&P 500 Index and Dow Jones Industrial Average advanced to 4,308.50 and 33,407.58 respectively.
BRK.B may come down to the 200-day simple moving average (yellow line) but if we are still in an uptrend then it should bounce from there.
I think market sentiment is overly negative. Expectations for inflation is as high as in Q4 2022 when inflation was very high in the US. If the interest rates, go up further then this will finally harm employment levels and...
Three Black Crows candlestick pattern, and big time bearish divergence on the MACD, this has been a superior run.
I think that a retest of the 200 day SMA is in order here, which is also around the .386 fib.
It could go lower of course, but its really hard to bet against warren, hes just too good.
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