Why I am All IN on the Berkshire Hathaway Trade
With legendary Warren Buffett stepping down, investors are despondent, reflected in BRK B’s flat performance over the last two weeks despite the overall market’s sharp 12% rise. THIS IS ABOUT TO CHANGE. I rely on proprietary technical indicators, but the most reliable is RSI relative strength divergence,which I explain in my book, The Investment Survival Guide, and on my blog, insomniachedge.com/blog. I bought Berkshire yesterday for both the hedge fund I manage and my personal account. Last night, I discovered it flashed a bullish RSI divergence signal—by far the most important and reliable chart pattern. Pro tip: Comparing Berkshire’s recent … Read more