forex signal system trading: This is Why I’m Not Following Buffett’s Lead

You are receiving this as a part of your subscription to Profit Pregame. To remove your email from this list, unsubscribe here.

How the Tables Have Turned...

Despite hedge fund managers and institutional traders treating the market like their own private poker game for years, the "GameStop rebellion" appears to have pulled back the curtain. Now that everyday folks have flexed this kind of muscle, they're going to keep coordinating and targeting stocks with massive short interest. Trading expert Andrew Keene wants to show you the two things you have to look for to get in before the next short squeeze, as more and more indicators race across his screen. Click here now for all the details.

Thursday, February 18, 2021

Warren Buffett is Buying in the Face of an Uncertain Future

The Oracle of Omaha's latest moves have a lot of investors scratching their heads.

What's happening?

Berkshire Hathaway - home of famed investor Warren Buffet - announced several large changes to its portfolio this week.

Among the moves in the latest quarter are new purchases of Chevron Corporation (CVX), AbbVie Inc (NYSE: ABBV), Bristol-Myers Squibb Company (NYSE: BMY), Merck & Co, Inc (NYSE: MRK), T-Mobile US, Inc (NASDAQ: TMUS)

Buffett also added 146.7 million shares of Verizon Communications Inc (NYSE: VZ) while cutting Berkshires' holdings of Apple Inc. (AAPL) by 6%.

And while a huge investment firm buying and selling stocks is hardly newsworthy, some that have followed the legendary career of Warren Buffett are questioning why he would want to significantly add to his portfolio right now.

Here's why...

Where's the money?

If you're not a longtime Buffett disciple, you may not know about the "Buffett indicator" - which is a measure of how stock valuations stack up against the current GDP. By dividing the Wilshire 5000 Index by the annual U.S. GDP, one can determine if stocks are overvalued or undervalued.

And looking at the current state of this indicator should set off alarm bells. Right now, the Buffett Indicator stands at over 225%, signaling that stocks are highly overvalued.

For some perspective, the indicator hasn't been this high since the Dotcom Bubble of the early 2000s - which saw the Nasdaq drop more than 76% and dragged a number of blue-chip stocks down with it.

It's still unclear why Buffett would be looking to add to his portfolio, seemingly against his own indicator.

While many will be tempted to follow the lead of perhaps the most successful investor in modern history, I would advise caution here.

This is what's giving me pause...

How do I get some?

Whenever Warren Buffet makes a move, people listen.

That's why Chevron Corporation (CVX) and Verizon Communications Inc (NYSE: VZ) and several others that were bought up by Berkshire are up today while the broader stock market is down.

With that said, I would be very careful of buying this strength.

As I told Project 303 subscribers last month, the January Barometer is one of the most historically accurate indicators.

Basically, it says that as January goes, so goes the rest of the year. And with the market moving sharply down at the end of January, combined with the alarming state of the Buffett Indicator, investors should be wary.

Personally, I'm going to be very careful and stick to this one rule...

The Only Indicator You Need to Profit

Look, there's no crystal ball when it comes to Wall Street.

Could we see a big market correction like the Buffett Indicator and the January Barometer seem to be suggesting?

Absolutely.

But we could also see the throng of new traders entering the market continue to drive valuations up.

If you're looking to make money with short-term trading, the only thing you need to concern yourself with is the supply and demand curve. All the indicators and barometers in the world don't mean a thing. If traders are buying, the price will go up.

And my S.C.A.N. system is fine-tuned to help me identify where the most aggressive buying is taking place. And that's exactly where I alert my Project 303 subscribers to strike for the chance to double their money, sometimes in just a matter of days.

Click here to learn how Project 303 can show you some of the best profit opportunities, no matter how volatile the market.

In the Spotlight: Antitrust Scrutiny Turns to Slack

Shares of Slack Technologies (WORK) took a hit yesterday after reports surfaced that the Department of Justice (DOJ) is making inquiries into the proposed acquisition by salesforce.com, inc. (CRM).

Its is still unclear what exactly the Antitrust Division of the DOJ is seeking, but the investigation is putting pressure to sell on Slack shareholders that are awaiting closure of the deal with salesforce.

Demand for digital communications tools remains high, and the pending deal is expected to help salesforce compete with Microsoft Teams for market share. I'll be keeping a sharp eye on this situation and will keep you updated as pertinent details emerge.

Please do not reply to this email. It was sent from an unmonitored mailbox.

You are receiving this e-mail at phanphuongthanh89.822152@blogger.com, as part of your subscription to Profit Pregame. To remove your email from this list: unsubscribe here.

To cancel, or for any other questions or requests, please contact our Customer Service team:
Online
Phone: 888-384-8339 (North America) 443-353-4519 (International)
Mail: Profit Pregame | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201
Fax: 410-622-3050
Our Customer Service team is available Monday ‑ Friday between 9:00 AM and 5:00 PM ET.

© 2021 Money Map Press. All Rights Reserved.
Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice.

We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201.

Website | Privacy Policy | Terms & Conditions

This is Why I’m Not Following Buffett’s Lead – And You Shouldn’t Either

No comments:

Post a Comment