|Day Low/High||281.57 / 283.25|
|52 Wk Low/High||197.81 / 295.08|
A wall of liquidity seems to absorb every dip. But there are also enough reasons to be ever vigilant.
Plus, China's central bank plans to cut its Reserve Ratio Requirement and Wells Fargo looks to exit a business line.
Berkshire Hathaway shares have been on a tear recently, but I'm going to argue they are overpriced.
I'm more focused on the production, manufacture and transport of materials raw, finished and refined than ever before.
"Just one more thing." - Lt. Columbo Berkshire Hathaway just released its 13-F. The major changes: * Added AON * Sold Synchrony and Suncor * Eliminated most of the balance of its Wells Fargo . Continuing a course of more selling than buying ...
Here's a followup from my May 2020 stock picks and how they played out during the pandemic year.
There's going to be an unsettling period of transition at some point for Berkshire, and at that time the stock will act like it.
One of the important takeaways from this past weekend's Berkshire Hathaway Annual Meeting was that Buffett would seemingly like to add a large Canadian railroad to his portfolio, in order to complement his ownership of Burlington Northern Santa Fe, ...
Warren Buffett and Charlie Munger are dismissive of the Robinhood types, but they shouldn't be.
I am going to tell you that there is no possible way that higher taxes are helpful from the market's perspective.
Plus, Federal Reserve Vice Chairman Richard Clarida talks about inflation, though his description doesn't sound "transitory."
The Fed has probably refined what message that it wants to put forth and has sent the minions out to speak its current version of "truth".
Here's how to play UNP as oil rises to around $65 a barrel.
The most important thing if you are a GameStopper is that you have to ponder how Unity is worth $29 billion and Activision is worth $79 billion.
* And a few more observations about speculative activity, "talking heads" and celebrity (investors) * Another new (speculative investing) paradigm? Hardly * As night follows day, the current speculative phase will end, and with it, countless traders...
Upon hearing of Buffett's latest moves, I pulled up the charts. What I found was a little surprising.
* Verizon and Chevron purchased, banks and gold sold * None of these portfolio moves surprised me - but some might surprise the markets Warren Buffett pulled down his cash position a bit and got more busy in the latest reporting period. Notably: ...
"Just one more thing." -- Lt. Columbo Berkshire Hathaway has accumulated nearly 150 million shares of Verizon according to this afternoon's 13F filing. The shares are trading +$1.60/share or about +3% in the after hours. More tomorrow.
Plus, we wait with great interest to learn what Berkshire Hathaway's holdings were as of the end of 2020.
Plus, a preview of the coming Consumer Electronics Show and quick news hits on Micron and Boeing.
The entire financial media may have swung and missed on Monday, but our old nemesis, those keyword reading algorithms that determine price? They spun the marketplace like a top.
I am talking about themes that can stand the test not of today, or tomorrow, but for all of 2021 and beyond.
It's a stock that underperformed the last two years but would likely excel in a year of renewed growth in economic activity.
With a ton of cash on hand, Warren Buffett missed some solid opportunities earlier this year.
Funds that track the index will be forced to reallocate capital invested elsewhere to buy Tesla, and that won't be easy.
The hope is that there are a couple of big winners that will more than offset the losers.