According to The Kobeissi Letter, the Nasdaq 100 has decreased by 15% since Jamie Dimon sold $234 million worth of JP Morgan stock and Warren Buffett reported a record cash balance of $334 billion. These strategic moves by prominent financial figures suggest a cautious stance in the current market environment. Traders should monitor any potential buying activity from Buffett and Dimon as an indicator of market sentiment.

According to The Kobeissi Letter, the Nasdaq 100 has declined by 15% since Jamie Dimon sold $234M of JP Morgan stock and Warren Buffett reported a record $334B cash balance. These actions suggest strategic positioning by key financial insiders, indicating caution and potential market opportunities for traders.

According to The Kobeissi Letter, Berkshire Hathaway reported a record cash balance and no stock repurchases in Q4 2024, marking the second consecutive quarter without buybacks. In Q3, Berkshire stated that buybacks will resume when Warren Buffett believes the repurchase price is below intrinsic value.

According to The Kobeissi Letter, Berkshire Hathaway has maintained a record cash balance and did not repurchase any stock in Q4 2024. This marks the second consecutive quarter without buybacks. In Q3, the company indicated that buybacks would resume when Warren Buffett believes the repurchase price is below intrinsic value, suggesting strategic timing for investors considering entry points.