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Berkshire Hathaway is a holding company with subsidiaries in a diverse range of industries, including insurance, railroads, utilities, energy, finance, manufacturing, and retailing. Its major subsidiaries include GEICO, Burlington Northern Santa Fe, Precision Castparts, and McLane Company. As of December 31, 2024, Berkshire also had about $283 billion of equity investments, including significant stakes in Apple Inc., Bank of America, Coca-Cola, American Express, and Chevron.

After the much-higher close on Monday, the S&P 500 (SPX) was higher by 4.6% in seven days and between 1.1% and 2.1% on three of those days. The index has broken its steep downtrend off the February 19 high and has retraced a bit more than 38.2% of the decline. On Monday, the index closed right at a piece of chart resistance that begins at 5,773 (the intraday low on January 13). There is a major cluster of resistance for the SPX between 5,750 and 5,825. It includes the slightly rising 200-day average and the declining 21-day exponential, both of which have been recaptured; a 38% and 50% retracement of the decline; and the closing and intraday breakdown levels from January 12 and 13. Above that, the falling 21-week exponential moving average (EMA) is at 5,854 and a 61.8% retracement as well as the declining 50-day average are up near 5,900. Preliminary volume was light on the SPY (SPDR S&P 500 ETF Trust) and the QQQ, so Monday was not one of the accumulation days we need. The SPX is close to a five-day/13-day EMA bullish crossover, which would reverse the bearish cross on February 21 when the index was still over 6,000. The QQQ is also close to getting a five-day/13-day EMA bull cross. So while more is needed, the market is off to a good recovery start.

ARCH CAPITAL GROUP LTD has an Investment Rating of HOLD; a target price of $99.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

ARCH CAPITAL GROUP LTD has an Investment Rating of HOLD; a target price of $98.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.