“When a smart man has the same recommendation as the common man, one of them still ends up losing” -Me
Exhibit A…
Exhibit B
Apple remained Berkshire’s largest stock position at the end of the second quarter, worth $84.2 billion, down from $174.3 billion at the end of 2023. Buffett started selling Apple in the fourth quarter of last year, but the selling has accelerated in 2024.
Paid Episode 16 min
Free Episode 9 min
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Here is their FAQ video. I plan to have Mark as a podcast guest soon.
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FAQ Video
Save this spreadsheet or memorize it
Summary of the day
GM Lays off 1000 white collar jobs. half in US. What do they do now? go to Ford? Tesla?
Low Volume melt up continues
Yen green. USD red
Breadth
760 new highs
88 new lows
Nasdaq New Highs/Lows 107 Highs vs 23 Lows
75% advancing 22% declining
34% below 50 day ma
34% below the 200 day ma
Strong
Weak
What to watch
Jackson Hole Friday 10am Jerome Powell speech
Watch mag 7
Watch yields
Credit card delinquency rate (1991-Present)
Whether you subscribe for free or paid, you will gain value and ability over time to see stock market price movement in a way Wall St does not want you to see.
At the very least, improve your own education so you can grade your financial advisors homework and performance!
