Nvidia Mania.
RECORD distance from 36 month moving average unwinding.
Peak FOMO most likely behind us.
Lots will get trapped.#nvidia #nvda #capitalrotation pic.twitter.com/6InMkiQ97i
— Patrick Karim (@badcharts1) November 2, 2024
Who want's to address the elephant in the room?
Forecast added. pic.twitter.com/pXhe3FMeAi
— The Great Martis (@great_martis) November 2, 2024
Speculators boost bullish bets on the U.S. Dollar to $17.8 billion, the largest long position in almost 4 months 🚨 pic.twitter.com/X4thAA6BIv
— Barchart (@Barchart) November 2, 2024
The more the Fed commits to cuts, the worse it is for bonds.
— Bob Elliott (@BobEUnlimited) November 2, 2024
Extremely concerning chart.
The magma pushing through vents and fissures approaching the surface. pic.twitter.com/lbkIQFWKgd
— The Great Martis (@great_martis) November 2, 2024
Gee, wonder why Buffett is stacking cash like never before? Ask Moynihan. And get your money out of $BAC. https://t.co/H6U1bcOlqt
— Porter Stansberry (@porterstansb) November 2, 2024
The fair value of Berkshire Hathaway's stake in Apple was ~$70B as of the end of Q3 24:
—Q2 24: $84B
—Q3 23: $157B$BRK.B $BRK.A $BRK $AAPL pic.twitter.com/ErdeiTB4CD— The Transcript (@TheTranscript_) November 2, 2024
The similarities to 2008 keep piling up!#SPX #SP500 $SPY #ES_F 📉 🥶https://t.co/1btmi2MwRK pic.twitter.com/e8E1yTwpMs
— Invariant Perspective (@InvariantPersp1) November 2, 2024
Warren Buffett’s Berkshire Hathaway Sells Apple Stock, Boosts Cash Pile to Record
Warren Buffett’s Berkshire Hathaway reported its profit declined in the third quarter while its cash pile ballooned to a record of more than $320 billion.
Berkshire trimmed its stakes in both Apple and Bank of America, bringing its total proceeds from stock sales this year to about $133 billion.
Berkshire paused stock buybacks last quarter as its share price surged to a record high.
https://www.investopedia.com/warren-buffett-berkshire-hathaway-apple-stock-cash-pile-q3-2024-8738738