Sorry, Warren (errr Greg)
Following a large run in the shares and this weekend’s announcements, I have initiated a short in Berkshire ($BRK.B) this morning on the gap higher.
More during the week.
Positions: Short BRK.B (VS).
Cloudflare’s Huge Endorsement: 8 Key Items Shaping the Stock Market Friday
The July Jobs Report, Homebuilder M&A, semi-cap lead times, and other headlines are moving stocks this morning.
Chart of the Day: Berkshire Cash
With a record $397 billion of cash, Berkshire Hathaway ($BRK.A) ($BRK.B) can buy all but 26 of the constituent members of the S&P 500:
Position: None
Mag 7 Down $2.3T!; The SpaceX IPO Order Mystery; Semis Spring Back
Let’s check how far the Magnificent 7 market cap fell in June, a strange Korean broker drama, and Warren Buffett’s caution on Gates Foundation.
A Market Verging on the Absurd
As an Iran deal has landed (for real this time?) and SpaceX has taken off to a wild valuation, here’s my take on the market now.
AI Rotation Props Up Indices But the Underlying Action Is Concerning
I’m upping the defense as I don’t like what I see.
Iran Walks? U.S. Manufacturing Up; Meet the $3.5 Trillion IPO Club!
Let’s check latest in Iran talks as deal appears to stall; manufacturing’s apparent comeback, and sort through the mega IPOs.
Nvidia Comes Out Swinging: 8 Key Items Shaping the Stock Market Monday
Talks drag on, May Manufacturing PMI data, more memory chip pain, and other headlines are moving stocks this morning.
New Price Target for Micron After Monster 600% Run
How much higher will Micron shares fly? Let’s go to the charts.