|Day Low/High||268,000.00 / 274,450.00|
|52 Wk Low/High||239,440.00 / 347,400.00|
For investors willing to take a higher level of relative risk, the potential rewards could be significant here.
Profit from 'the changing of the guard' by seeing where things are going, not where they are right now.
Let's step back and look at this market that has abandoned all sorts of safety and went all in on the stocks of companies based on the Fed's words and a promising Moderna study.
Speaking of narratives... the day started with the view that Berkshire's sale of Goldman Sachs was a negative for the shares (something that I tried to refute in my first post of the morning at 7:45 am). GS is trading +$10/share today!
The not unexpected Berkshire - Goldman Sachs news occurred Friday nite so I will reposte my interpretation of Warren's move: May 15, 2020 ' 06:20 PM EDT DOUG KASS Buffett and Bank Stocks Wells Fargo (WFC) investors will likely be relieved (on Monday...
Wells Fargo investors will likely be relieved (on Monday) that Berkshire Hathaway sold none of its shares according to its just reported 13-F. (There were vague rumors that Buffett was selling). Berkshire liquidated most of its Goldman Sachs positio...
Buffett and many other people missed getting in when things were at panic-selling levels, but that doesn't mean there are no bargains left.
I want to stress how much I like this trade idea.
Maybe what Warren Buffett has not said is more important than what he has said.
Don't just follow the herd, time your exits and entrances well -- even if it is a big player like Warren Buffett that is leading the charge.
Stocks are not moving in highly correlated action, which favors stock-pickers and technical buyers.
This contraction has been dramatic and unpredictable -- and best outcomes cannot be driven solely through economic creativity.
So far, earnings season has not been the obstacle that many have feared.
Kroger could produce strong earnings as it stands by its guidance, but uncertainty lingers, so here's how I'd play the name.
Markets look like they will see a substantial rebound today, at least in the early going. S&P 500 futures are up some 5% just before the market opens. Gilead Sciences just reported encouraging results around its experimental antiviral Remdesivir in...
* From my perch, this is both a good time to build longer term positions and to trade * A market roller coaster and widespread fear is your friend if you are a longer term investor because it serves up bargain purchases - it also provides some oppor...
So what do you do if you own these stocks?
Would love to know if Warren Buffett is adding here, or keeping his powder dry. Would simply love to know.
I am adding another surprise to my 15 Surprises for 2020: * Surprise #16: As Mike Bloomberg has declared that he may sell Bloomberg LP if he becomes president, my new Surprise is that Warren Buffett (a supporter of many Democrats) initiates discussi...
With the market extended, Apple (short) is my 'Trade of the Week'. Here is some of my rationale for possible short term weakness: * Apple's appreciation over the last year has been primarily a valuation reset as operating profits have made little pr...
Consider that The Oracle is currently 89 years old - and that he made his single best portfolio investment in over a half century at 87 years old!
* It is also probably the greatest investment ever made of a publicly-listed company in history - in either profits in absolute dollar terms or whether based on a time-weighted percentage return * Berkshire Hathaway has made about $43 billion on its...
* In 2019 equities rose far faster and interest rates fell sharper than the consensus expected * 2020 could be a year of out-of-the-VIX thinking and mean reversion in valuations/stock prices as profits, politics, geopolitical events and other uncert...
Remember a Berkshire acquisition of FedEx is one of my 15 Surprises for 2020. Yesterday Boeing, today FedEx takeover rumor. Buffett must be busy — zerohedge (@zerohedge) January 8, 2020
Yesterday I took a speculative investment in FedEx based on the possibility that Berkshire Hathaway may take a "liking" to this depressed transportation name that has been beaten up by a combination of poor execution and a competitive move that was ...
The hyperbolic financial media got ecstatic that Berkshire Hathaway revealed it owned 1.2 million shares of RH last week. Memo to the media: The investment totals under $300 million. Given that diminutive size it is likely a portfolio position th...
There are a lot of investors who like to follow and invest like the Oracle of Omaha.
Most importantly, at least to me as an investor, is tangible book value.