$102,400.00
500.00 (+0.49%)
Berkshire Hathaway, Inc. (BRK-A)
CAPS Rating:
A holding company owning subsidiaries engaged in a number of diverse business activities, including property and casualty insurance and reinsurance, utilities and energy, finance, manufacturing, retailing and services.
RSS Headlines
Fool UK
Recs
I agree with Doug Kass here
After a two-month period of improving breadth and an advance that approached 38%, it appears that the upward momentum of the market is finally being tested. Typically, overbought markets are corrected in brief order, and four to five weeks seems to be the historical precedent.
This may still be the case, but I am beginning to view the possibility of a sideways correction, in which market sectors "recycle" within the context of only a modest move lower in the market indices.
That being the case I am betting 'gasp' the Bear will run 8-10 days and/or we see a 2 weeks sideways trend and/or lower possibly to the 50 Day MACD line and/or close or just below 900
We will be Bullish by July 4
Mark my words
Your post has nothing to do with why Berkshire Hathaway would underperform the S&P, the ostensible point of a red thumb.