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 6.04% return on risk over the next 25 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 $0.57 would be kept by the premium seller. The risk of $9.43 would be incurred if the stock dropped below the $105.00 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 62.01 level which suggests that the stock is neither overbought nor oversold at this time.
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Tue, 22 Oct 2013 19:26:04 GMT
Buffett says Gates won't reclaim Microsoft CEO job
Tue, 22 Oct 2013 19:26:04 GMT
AP – Billionaire Warren Buffett said Tuesday there's no chance his friend Bill Gates will return to lead Microsoft Corp. as CEO because he's enjoying leading the world's biggest foundation too much. During …
W.R. Berkley: Beating Berkshire In Book Value Growth For Over A Decade
Tue, 22 Oct 2013 18:46:17 GMT
Seeking Alpha – We all know the multiple sayings that exist which revolve around some variation of “nothing good in life being free,” and for the most part, they're true. But as Warren Buffett has pointed out, …
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