Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 6.95% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $9.35 would be incurred if the stock dropped below the $155.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Berkshire is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Berkshire is bullish.
The RSI indicator is at 75.34 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Berkshire
10 Warren Buffett Quotes From His 2017 Letter to Shareholders
Sun, 18 Jun 2017 12:02:00 +0000
Here are 10 of the best investing lessons the Oracle of Omaha shared in his annual letter.
Is a $2.7 Million Lunch With Warren Buffett a Bargain?
Fri, 16 Jun 2017 18:44:40 +0000
It all depends on the math you use, according to a Deutsche Bank report.
3 Stocks for Warren Buffett Fans
Fri, 16 Jun 2017 13:21:00 +0000
Why Buffett likes Costco, Kraft Heinz, and Phillips 66 — and you should, too.
Berkshire Hathaway Inc. (BRK.B) Stock Is Still a Treasured Buy
Thu, 15 Jun 2017 15:09:29 +0000
From struggling local textile company to world-renowned outperforming investment vehicle, Berkshire Hathaway Inc. (NYSE:BRK.B) has come a long way, growing earnings at an astonishing rate all the while. Many investors still see risk with Warren Buffett now 86 years old and and Charlie Munger 93. Just as with Apple Inc. (NASDAQ:AAPL), there is undoubtedly key man risk.
Buffett's Deputies Weschler and Combs See Mostly Gains in First Half
Wed, 14 Jun 2017 22:50:36 +0000
Most stocks up, though some trail S&P 500
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