Start of Christmas holidays on stock exchanges, company news and geopolitics
Stock market news
• Semiconductors, healthcare, as well as GOOG, META and TSLA, pulled the stock market higher yesterday. Value stocks and small caps were under mild pressure. Investor interest is becoming more concentrated.
• Many have already gone on long Christmas holidays and activity has begun to die down.
• Today trading will be short, and tomorrow is a day off.
• Warren Buffett's Berkshire Hathaway sits on $325 billion in cash, or 30% of its total assets under management.That's Buffett's largest cash position in 35 years."We have a model that suggests that by 2050, Bitcoin will...