To update an interesting dynamic we have been looking at on the daily video market recaps, today Berkshire Hathaway is down more than twice as much as the XLF, ETF for the financial sector. Although the large banks get most of the attention, Berkshire is actually the largest component of that ETF. If you are looking for a spread to exploit, this would be an example. It is always dangerous to assume in an established uptrend that a bearish divergence will resolve lower, though sooner or later examples like this one finally do begin to matter again.
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Thanks Chess. I’ve been stalking BRKB to re-enter. 115.5 ish or wait ?
I am waiting
Thanks. I know you have long term holding, will you add more ?
i’ll keep you updated
Appreciate !
Thanks for sharing your observation. XLF winners and losers related to move in rates .
..also, we’re operating under an /es H+S – 60min chart
good point, thanks purdy!