BUFFETT HOLDING RECORD CASH AND SELLS APPLE, HERE IS HOW MUCH CASH YOU SHOULD HOLD
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Holding Cash
Please click here for a chart of Berkshire Hathaway stock (BRK.B).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of BRK.B stock is being used to illustrate the point.
- The chart shows Warren Buffett’s company BRK.B broke out at the beginning of the year with the rest of the market.
- The chart shows that BRK.B has been consolidating in the resistance zone
- Buffett has made two important disclosures.
- Buffett is now holding a record amount of cash, $189B.
May 6, 2024