Lost in the shuffle, surprisingly in the glaring weakness in the major insurers. The sector ETF daily chart, first below, is weakening again away from the summer highs. If you look at a weekly chart you will also note an ongoing negative RSI divergence since May.
Also, PRU is down more than 3% today.
In addition, as proud as I am to be a long-term Berkshire Hathaway investor (and as bullish as I was on it in 2010), the stock continues to weaken short-term and remains vulnerable to deeper correction.
Hat Tips: @walkslow4 @666743x
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