The bear is going to take a little nap. You better flatten out and/or reverse your positions for a few days. All's well for now, all the fear is on the table, and the market reeeally wants to go up. FOMO!
In 2 months AAPL share price has fallen 24%, Berkshire's A & B shares have fallen only 2%. Buffet owns 5% of AAPL. Apple accounted for a 16.5% stake of Berkshire's total stock investment portfolio at the end of 2017 vs. 5.8% at the end of 2016, as the portfolio surged in value over that period to $170.54 billion.
Hilarious.... hilarious I tell you!!! 40-year veteran of Wall Street with an knack for market timing calls a bottom in stocks The stock market has reached a bottom after a tumultuous 10 weeks that's seen the S&P 500 in and out of correction territory, Raymond James' Jeff Saut says. The U.S. economy is not going to slow as much as expected and earnings will be strong next quarter, he adds. https://www.cnbc.com/2018/12/13/ray...-calls-a-bottom-in-the-wild-stock-market.html
I think Costco will have a strong report tonight, but if they don't or their guidance is weak, watch out below.
%% Calls a bottom??In a bear market that is what happens all the time LOL Most anything is possible; but a FED official [in public said earnings next year slow.....We'll see what the charts prove; NOT a prediction
Warren never mentions his "big hits"....every trade is a winner to him. What a crock ! Never liked the guy. Never liked Bill Gates either.
What is it about Buffet you don't like? Zuckerberg is the guy who ranks bottom on my list of nice guys.