Big Picture: Bias is Bullish, Market In Upward Channel From October 2023 Low, $VIX Below 20 (complacency)
Today´s Pivot is 6071
Every Monday, I share a chart related to trading and the stock market to provide educational insights. Today’s chart highlights an intriguing trend—Berkshire Hathaway’s cash and equivalents have surged to a record high. Could Warren Buffett be preparing for something big? However, if you take a closer look, history suggests that Berkshire’s cash position hasn’t been a precise market timing indicator. While it may reflect a cautious outlook or a lack of compelling investment opportunities, it does not necessarily signal an imminent market downturn.
Market Analysis
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