The Buffett's Holdings selection refers to the latest holdings released by Berkshire Hathaway. Warren Buffett's portfolio of holdings is closely watched by many investors and analysts due to its long history of above average market performance under Buffett's leadership. Warren Buffett is known as one of the most successful investors of all time and has built up a reputation for making savvy investment decisions that have earned him and Berkshire Hathaway, a substantial following among investors. When Buffett buys or sells a stock, it can move the market and signal to other investors of value in a particular company or industry.
On Wednesday, November 27, 2024, U.S. stocks closed lower across the board. The major indices performed as follows:
• Dow Jones Industrial Average fell by 138.25 points, or 0.31%, closing at 44,722.06 points.
• S&P 500 Index dropped 22.89 points, or 0.38%, closing at 5,998.74 points.
• Nasdaq Composite Index decreased by 115.10 points, or 0.60%, closing at 19,060.48 points.
Market Analysis:
1. Weak Economic Data and Inflation C...
$Apple (AAPL.US)$ break over 235.7, 240c Dec 20--to target: $237
$Costco (COST.US)$ Break over 975, 1000c Dec 6--to target: $980
$Upstart (UPST.US)$ break over 80.77, 85c Dec 20--to target: $83
$DraftKings (DKNG.US)$ break over 43.48, 45c Dec 20--to target: $44.5
Downside:
$NVIDIA (NVDA.US)$ Break under 135.5, 132p Dec 6--to target: $134
My guess would be we start seeing money rotate from chips into FAANG. This will lead
$AAPL 1/17/25 250c can work - stop loss daily close under $233
Furthermore, a massive 52% of stock repurchases were conducted by the index's top 20 firms.
This compares to a long-term average of 48% and pre-pandemic average of 45%.
Apple, $Apple (AAPL.US)$ , Alphabet, $Alphabet-A (GOOGL.US)$ , Meta, $Meta Platforms (META.US)$ , and Nvidia, $NVIDIA (NVDA.US)$ ALONE back $63 billion of stock.
The Information Technology sector saw $68 billion of repurchases while...
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