Giles Coghlan LLB, Lth, MA
Financial Source
Berkshire Hathaway’s seasonal patterns reflect the Wall Street ‘Sell in May’ saying.
Berkshire Hathaway is led by veteran investor Warren Buffett. It is interesting noticing the seasonal performance of Berkshire Hathaway that August and November are its strongest months and May its weakest month.
This reflects the Wall Street saying about buying stocks at Halloween and selling them in May. We can also see that the best day for Berkshire Hathaway stocks to perform is on a Tuesday.
Major Trade Risks: The main risk to the seasonal pattern is that just because they occurred one year does not guarantee they will occur each and every year. Even the strongest seasonal patterns have years when they do not apply.
Our products and commentary provides general advice that do not take into account your personal objectives, financial situation or needs. The content of this website must not be construed as personal advice.
Recommended content
Editors’ Picks
EUR/USD comes under pressure near 1.0630
Further gains in the Greenback encourage sellers to maintain their control over the risk complex, forcing EUR/USD to retreat further and revisit the 1.0630 region as the US session draws to a close.
GBP/USD stays firm amid BoE, Fed commentary and US data
GBP/USD edges lower in the second half of the day and trades at around 1.2450. Better-than-expected Jobless Claims and Philadelphia Fed Manufacturing Index data from the US provides a support to the USD and forces the pair to stay on the back foot.
Gold is closely monitoring geopolitics
Gold trades in positive territory above $2,380 on Thursday. Although the benchmark 10-year US Treasury bond yield holds steady following upbeat US data, XAU/USD continues to stretch higher on growing fears over a deepening conflict in the Middle East.
Ripple faces significant correction as former SEC litigator says lawsuit could make it to Supreme Court
Ripple (XRP) price hovers below the key $0.50 level on Thursday after failing at another attempt to break and close above the resistance for the fourth day in a row.
Have we seen the extent of the Fed rate repricing?
Markets have been mostly consolidating recent moves into Thursday. We’ve seen some profit taking on Dollar longs and renewed demand for US equities into the dip. Whether or not this holds up is a completely different story.