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1. Plan the trade, and trade the plan. 2. If you fail to plan, you plan to fail. 3. When in doubt, get out. 4. Don't trade on hope. 5. It was always the sitting that made me the most money (Jesse Livermore) 6. If it ain't going up, it's going down. 7. Conversely, if it ain't going down, it's...

No. Like I said, I'm not a trend follower, but I think it means If you're following an uptrend, the current bar has to break below the prior TWO bars before getting out of your position.

Check out the weekly on the SPY. Broke a weekly low for the first time this year, as you said. I'm more of a scalper not a trend trader, but I've heard trend traders say follow the trend until you see a 3-bar break. So far, no 3-bar break.

Do I believe whom?

https://www.levernews.com/in-chicago-mayoral-race-plutocrats-spend-big-against-new-taxes/

https://www.indonewyork.com/business/media-report-are-ubs-and-credit-suisse-advising-on-a-possible-takeover-h77576.html

Good catch, I didn't see that. Still interesting. I was alerted to this link by a Google Alert that I have set up.

https://www.spiceworks.com/finance/accounting/articles/financial-transaction-tax-gains-in-america-and-europe-despite-obstacles/ A number of interesting tidbits there.

https://www.snopes.com/fact-check/food-processing-plant/

Who thinks Disney will "sue and win?" https://www.newsweek.com/desantis-set-lose-disney-lawsuit-former-trump-attorney-says-1700225

Ahh, that is the question for investors! Haha. Since BRKA is valued at $750B and their stock holdings are $300B and their cash is I think $150B, that pretty much means that investors are valuing BRKA's private companies (those companies that don't trade publicly) at around $300B...

I think newwurldmn kind of nailed it here. Railroads and housing sales are doing really well, and BRK owns the largest ones in the field. Car dealerships too. Also on the list (at the link) is other real estate companies, electric companies (electricity prices are skyrocketing), other oil...

I'll post the link here again to BRK's list of privately owned companies: https://en.m.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway#Operating_subsidiaries

I'm starting to understand now. BRK is worth $750B, which includes class A+B shares. His Apple stock, which they say is half of his stock portfolio, is worth $150B. So his entire stock portfolio is $300B. He also has $125B in cash. So stocks and cash combined is $425B. So the company is...

BRKA market cap from google:

You are right, Google is showing BRKA market cap as $750B. But I don't understand that. If you google how many shares exist of BRKA, it says 620,000 shares. Multiply that times today's closing price of $514,000, and you get $320B, not $750B. I'm lost, lol. How is google getting a market...

Not sure why you are saying Berkshire doesn't own publicly traded companies like AAPL. If you google "how much apple does berkshire own," you will see that Berkshire does indeed own publicly traded AAPL shares, and they are currently valued at $157 billion.

Well yeah, but that's "last quarter", and AAPL and BRKA and others all did very well last quarter, in line with your post. But what about THIS quarter?

Yes, but why are they rallying 15% in the last quarter? That is the question of this thread.

From the link above, it shows this (below): Which means this: BRKA is worth $300 billion, and $250 billion is accounted for in these four stocks: KO is up 3% this quarter, BAC is down 3% this quarter, and AXP is up 10% this quarter. And of course AAPL is down 10% this quarter (50% of his...