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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: nola622 ✶🐝  😊 😞
Number: of 15068 
Subject: Re: Closed at $475.92, up $7.55 today
Date: 08/30/2024 10:18 PM
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The closing bell panic buying was unusual. Any ideas why?

The broader market did the same thing, especially XLF type financials and insurance companies.


I would assume it has a lot to do with options expiration. That is certainly a big driver for BRK shares since it creates an effective short position in a fairly illiquid stock for a $1 trillion enterprise.


Like I said a while ago - it's y'all and your short calls LOL
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