Berkshire - another run up and then sideways
Looking at the two year chart, BRKB looks like it's going to make another run up and then trade sideways for quite some time. Nice break on the trend line after a five month sideways (somewhat downward) movement.
I am curious how much it runs up. I feel like Berkshire has gotten no credit lately, especially for their stock portfolio. I understand you pay for a premium for Berkshire but two of their biggest holdings, Apple and Bank of America, have had nice runs lately and Berkshire has not moved.
Buying calls with this momentum. Will sell calls if/when this sideway run starts. Hopefully not anytime soon :)
I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained in this post is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
I am curious how much it runs up. I feel like Berkshire has gotten no credit lately, especially for their stock portfolio. I understand you pay for a premium for Berkshire but two of their biggest holdings, Apple and Bank of America, have had nice runs lately and Berkshire has not moved.
Buying calls with this momentum. Will sell calls if/when this sideway run starts. Hopefully not anytime soon :)
I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained in this post is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
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