Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 3.73% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $9.64 would be incurred if the stock dropped below the $105.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Berkshire is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Berkshire is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Berkshire
Insider Trading: Berkshire Hathaway Makes Another Major Purchase of DaVita HealthCare Partners
Mon, 11 Nov 2013 15:26:00 GMT
Minyanville – Plus, purchases at Horsehead Holdings, Barracuda Networks, and Freeport-McMoRan Copper & Gold.
Reflecting On Buffett's Earnings Report
Sun, 10 Nov 2013 19:14:39 GMT
Seeking Alpha – Berkshire Hathaway ( BRK.B ), perhaps best known for its charismatic chairman and chief executive, Billionaire Warren Buffett, is a Fortune 500 company. According to their recent third quarter report, …
Bull vs. Bear: Berkshire Hathaway
Sun, 10 Nov 2013 18:02:01 GMT
Motley Fool – A look at both sides of the Berkshire Hathaway investment story
Why Don't These Winning Stocks Pay Dividends?
Sun, 10 Nov 2013 16:34:07 GMT
Motley Fool – Google, Berkshire Hathaway, Amazon.com, and Gilead Sciences are all big enough to pay dividends. Should they?
The Warren Buffett You Never Knew Existed
Sun, 10 Nov 2013 13:06:14 GMT
Motley Fool – Buffett went so far to borrow a neighbor's car to save gas money. See more off-the-wall ways this frugal billionaire slashed his spending.
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