PAIRS: Short IYT versus Long BRK.B - nearly 20% spreadBerkshire Hathaway BRK.B has been lagging the Transports (IYT) lately and it looks poised to catch up or the Transports look ready to "catch down" to BRK.B The spread is roughly 20% in performance over the past 8 and 4 months and presents a low risk way to capture returns without market-specific risk. BRK.B 126.68 -0.50 = BUY IYT 146.78 -0.15 = Sell Short Risk 4% = Goal for return 10% in 2-3 weeks Tim 11:10AM EST 6/19/2014 Thursday by timwestPublished 228
Warren Buffet Head And Shoulders: An Ugly Signal For The Oracle Berkshire Hathaway Inc. $BRK.B, Warren Buffet's company has an ugly head and shoulder pattern forming on the daily chart. Considering this company owns a little of everything, it is a very ominous sign for the global economy. Head and shoulder patterns are bearish patterns, predicting steep drops. The key break down level on Berkshire Hathaway is $111.00. If it takes out that level to the downside, $102.00 would be the next stop. Please note the chart below. Chart with H&S pattern here: www.inthemoneystocks.com Gareth Soloway Chief Market Strategist www.InTheMoneyStocks.comShortby InTheMoney_StocksPublished 0
$STUDYIf $XLF breaks down BRK will lead the pack - potential for 16% drawdownby MaxxPaymePublished 331
Time for a test... lets hope it is positive... Accumulation up... check... MoMo up... check... major trend line test... check... For the past year every time it has hit this line it bounces... will we get confirmation today? If so I am adding to my position... Concerns around EMA lower than usual on tests... and Stoch looks negative... by StocktickerPublished 0
Berkshire Hath Iron CondorBet -> Stock price remains beetween 120 & 105 for 34 trading days . (46 calendar days) BTO 4 125 AUG Calls STO 4 120 AUG Calls STO 4 105 AUG Puts BTO 4 100 AUG Puts Upper Stop @ 119.40 ( .5% below short call) Downward Stop @ 105.52 ( .5% above short put) * for educational purposes only by OptimusTraderPublished 441