{"id":186458,"date":"2023-03-09T15:45:27","date_gmt":"2023-03-09T20:45:27","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=186458"},"modified":"2024-01-24T12:14:18","modified_gmt":"2024-01-24T17:14:18","slug":"chart-advisor-buffetts-berkshire-buys-more-oxy","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/","title":{"rendered":"Chart Advisor: Buffett&#8217;s Berkshire Buys More OXY"},"content":{"rendered":"\n<p><strong><a href=\"https:\/\/www.investopedia.com\/contributors\/54841\/?utm_source=chart-advisor&amp;utm_campaign=fwd_chartadvisor&amp;utm_term=27774019&amp;utm_medium=email\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>By&nbsp;<\/strong><\/a><strong><a href=\"https:\/\/www.investopedia.com\/contributors\/54841\/?utm_source=chart-advisor&amp;utm_campaign=fwd_chartadvisor&amp;utm_term=27774019&amp;utm_medium=email\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>J.C. Parets<\/strong><\/a>&nbsp;&amp;&nbsp;<a href=\"https:\/\/get.allstarcharts.com\/?utm_source=chart-advisor&amp;utm_campaign=fwd_chartadvisor&amp;utm_term=27774019&amp;utm_medium=email\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>All Star Charts<\/strong><\/a><\/strong><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-wednesday-8th-march-2023\">Wednesday, 8th March, 2023<\/h2>\n\n\n\n<p><strong>1\/ Buffett&#8217;s Berkshire Buys More OXY<\/strong><\/p>\n\n\n\n<p><strong>2\/ Tech Shows Leadership<\/strong><\/p>\n\n\n\n<p><strong>3\/ The Short End Rips Higher<\/strong><\/p>\n\n\n\n<p><strong>4\/ Monitoring CAD Weakness<\/strong><\/p>\n\n\n\n<p><em>Investopedia is partnering with All Star Charts on this newsletter, which both sells its research to investors, and may trade or hold positions in securities mentioned herein. The contents of this newsletter are for informational and educational purposes only, however, and do not constitute investing advice.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-1-buffett-buys-more-oxy\">1\/ <strong>Buffett Buys More OXY<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/www.investopedia.com\/articles\/financial-theory\/08\/buffetts-road-to-riches.asp?hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">Warren Buffett<\/a>&#8216;s<a href=\"https:\/\/www.investopedia.com\/articles\/financial-theory\/08\/buffetts-road-to-riches.asp\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a>&nbsp;Berkshire Hathaway is making headlines again, putting a floor in Occidental Petroleum&#8217;s (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=OXY&amp;hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">OXY<\/a>) stock price at the exact level we\u2019ve seen Berkshire step in many times before.<\/p>\n\n\n\n<p>Below is a daily chart of OXY showing when and where Berkshire Hathaway has increased its holdings of the energy company. It reported its initial position in a&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/f\/form4.asp?hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">Form 4<\/a>&nbsp;statement in early March of last year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/1-7-1100x546.png\" alt=\"\" class=\"wp-image-186459 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/546;\" \/><figcaption class=\"wp-element-caption\"><strong>Source: All Star Charts, with data provided by Optuma<\/strong><\/figcaption><\/figure>\n\n\n\n<p>Fast forward to today, and Berkshire has built a massive interest of roughly 284 million shares, which includes 84 million shares from&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/w\/warrant.asp?hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">warrants<\/a>. This is equivalent to a 30% ownership stake, making Berkshire by far the largest shareholder in the company.<\/p>\n\n\n\n<p>In its first Form 4 filing since September, Berkshire just reported an additional 5.8 million shares of OXY at an average price of $61.10 per share. The transactions were spread out over the last three trading days.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2-tech-shows-leadership\">2\/ <strong>Tech Shows Leadership<\/strong><\/h2>\n\n\n\n<p>The technology sector (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=XLK&amp;hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">XLK<\/a>) has been among the best-performing sectors on a year-to-date basis.<\/p>\n\n\n\n<p>When we evaluate the relative trend, tech refused to complete a massive topping formation versus the S&amp;P 500 (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=SPY&amp;hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">SPY<\/a>) when it bounced off the lower bounds of this multi-year&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/t\/tradingrange.asp?hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">trading range<\/a>&nbsp;in January. Just two months later, it&#8217;s making new highs:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/2-7-1100x546.png\" alt=\"\" class=\"wp-image-186460 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/546;\" \/><figcaption class=\"wp-element-caption\"><strong>Source: All Star Charts, with data provided by Optuma<\/strong><\/figcaption><\/figure>\n\n\n\n<p>Fueled&nbsp;by the rally earlier this year, tech stocks have reached their highest level in almost six months relative to the broader market. Despite the recent&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/c\/correction.asp?hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">correction<\/a>&nbsp;in the stock market, tech stocks continue to show relative strength, falling less than the S&amp;P 500.<\/p>\n\n\n\n<p>We&#8217;re watching to see if the XLK\/SPY ratio can reclaim its August highs. If it does, XLK could continue to outperform the broad market over longer timeframes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-3-the-short-end-rips-higher\">3\/ <strong>The Short End Rips Higher<\/strong><\/h2>\n\n\n\n<p>The rising interest rate environment remains intact both in the U.S. and abroad. The short end of the&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/y\/yieldcurve.asp?hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">yield curve<\/a>&nbsp;has had the most upward momentum.<\/p>\n\n\n\n<p>The one-, two-, and three-year Treasury yields are printing fresh multi-year highs, hitting their highest levels since the summer of 2007.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/3-9-1100x569.png\" alt=\"\" class=\"wp-image-186461 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/569;\" \/><figcaption class=\"wp-element-caption\"><strong>Source: All Star Charts, with data provided by Koyfin<\/strong><\/figcaption><\/figure>\n\n\n\n<p>With the short end of the yield curve breaking to new highs together with European sovereign benchmark rates, it could only be a matter of time until longer-duration yields in the U.S. follow.<\/p>\n\n\n\n<p>Under this scenario, the 10-year Treasury yield could rise to 4.50%, with the 30-year yield not far behind.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-4-monitoring-cad-weakness\">4\/ <strong>Monitoring CAD Weakness<\/strong><\/h2>\n\n\n\n<p>The U.S. dollar surged yesterday as global currencies slid to fresh lows. But one chart in particular has our attention: the&nbsp;<a href=\"https:\/\/www.investopedia.com\/terms\/forex\/c\/cad-canadian-dollar.asp?hid=aa5e4598e1d4db2992003957762d3fdd7abefec8&amp;did=8523135-20230308&amp;utm_campaign=chart-advisor_newsletter&amp;utm_source=investopedia&amp;utm_medium=email&amp;utm_content=030823\" target=\"_blank\" rel=\"noreferrer noopener\">Canadian dollar (CAD)<\/a>.<\/p>\n\n\n\n<p>CAD dropped more than 1% as it heads back toward its 2022 lows:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/4-7-1100x561.png\" alt=\"\" class=\"wp-image-186462 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/561;\" \/><figcaption class=\"wp-element-caption\"><strong>Source: All Star Charts, with data provided by Optuma<\/strong><\/figcaption><\/figure>\n\n\n\n<p>The decline in the commodity-centric Canadian dollar could have implications for crude oil prices, as &#8220;black gold&#8221; is one of Canada\u2019s main exports.<\/p>\n\n\n\n<p>A weaker Canadian dollar could foreshadow selling pressure for crude oil.<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally posted 8th March, 2023<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Warren Buffett&#8217;s\u00a0Berkshire Hathaway is making headlines again, putting a floor in Occidental Petroleum&#8217;s (OXY) stock price at the exact level we\u2019ve seen Berkshire step in many times before.<\/p>\n","protected":false},"author":186,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,14,5,15,16,17,18,6,8,9,22,23,26,3],"tags":[456,3797,262,1302],"contributors-categories":[13686],"class_list":{"0":"post-186458","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-commodities","7":"category-etfs","8":"category-europe-middle-east-africa","9":"category-fixed-income","10":"category-forex","11":"category-futures","12":"category-macro","13":"category-north-america","14":"category-region","15":"category-securities","16":"category-stocks","17":"category-technical-analysis","18":"category-text-articles","19":"category-traders-insight","20":"tag-cad","21":"tag-oxy","22":"tag-spy","23":"tag-xlk","24":"contributors-categories-investopedia"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chart Advisor: Buffett&#8217;s Berkshire Buys More OXY<\/title>\n<meta name=\"description\" content=\"Warren Buffett&#039;s\u00a0Berkshire Hathaway is making headlines again, putting a floor in Occidental Petroleum&#039;s (OXY) stock price at the exact level we\u2019ve...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/186458\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chart Advisor: Buffett&#039;s Berkshire Buys More OXY | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Warren Buffett&#039;s\u00a0Berkshire Hathaway is making headlines again, putting a floor in Occidental Petroleum&#039;s (OXY) stock price at the exact level we\u2019ve seen Berkshire step in many times before.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-09T20:45:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-24T17:14:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/1-7-1100x546.png\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Contributor Author\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"headline\": \"Chart Advisor: Buffett&#8217;s Berkshire Buys More OXY\",\n\t            \"datePublished\": \"2023-03-09T20:45:27+00:00\",\n\t            \"dateModified\": \"2024-01-24T17:14:18+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/\"\n\t            },\n\t            \"wordCount\": 593,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/03\\\/1-7-1100x546.png\",\n\t            \"keywords\": [\n\t                \"cad\",\n\t                \"OXY\",\n\t                \"SPY\",\n\t                \"XLK\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Commodities\",\n\t                \"ETFs\",\n\t                \"Europe, the Middle East and Africa\",\n\t                \"Fixed Income\",\n\t                \"Forex\",\n\t                \"Futures\",\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Technical Analysis\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/\",\n\t            \"name\": \"Chart Advisor: Buffett's Berkshire Buys More OXY | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/03\\\/1-7-1100x546.png\",\n\t            \"datePublished\": \"2023-03-09T20:45:27+00:00\",\n\t            \"dateModified\": \"2024-01-24T17:14:18+00:00\",\n\t            \"description\": \"Warren Buffett's\u00a0Berkshire Hathaway is making headlines again, putting a floor in Occidental Petroleum's (OXY) stock price at the exact level we\u2019ve seen Berkshire step in many times before.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/chart-advisor-buffetts-berkshire-buys-more-oxy\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/03\\\/1-7-1100x546.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.ibkrcampusdev.wpengine.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/03\\\/1-7-1100x546.png\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t            \"name\": \"Contributor Author\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Chart Advisor: Buffett&#8217;s Berkshire Buys More OXY","description":"Warren Buffett's\u00a0Berkshire Hathaway is making headlines again, putting a floor in Occidental Petroleum's (OXY) stock price at the exact level we\u2019ve...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/186458\/","og_locale":"en_US","og_type":"article","og_title":"Chart Advisor: Buffett's Berkshire Buys More OXY | IBKR Campus US","og_description":"Warren Buffett's\u00a0Berkshire Hathaway is making headlines again, putting a floor in Occidental Petroleum's (OXY) stock price at the exact level we\u2019ve seen Berkshire step in many times before.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/","og_site_name":"IBKR Campus US","article_published_time":"2023-03-09T20:45:27+00:00","article_modified_time":"2024-01-24T17:14:18+00:00","og_image":[{"url":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/1-7-1100x546.png","type":"","width":"","height":""}],"author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"Chart Advisor: Buffett&#8217;s Berkshire Buys More OXY","datePublished":"2023-03-09T20:45:27+00:00","dateModified":"2024-01-24T17:14:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/"},"wordCount":593,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/1-7-1100x546.png","keywords":["cad","OXY","SPY","XLK"],"articleSection":["Commodities","ETFs","Europe, the Middle East and Africa","Fixed Income","Forex","Futures","Macro","North America","Region","Securities","Stocks","Technical Analysis","Text Articles","Traders' Insight"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/","name":"Chart Advisor: Buffett's Berkshire Buys More OXY | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/1-7-1100x546.png","datePublished":"2023-03-09T20:45:27+00:00","dateModified":"2024-01-24T17:14:18+00:00","description":"Warren Buffett's\u00a0Berkshire Hathaway is making headlines again, putting a floor in Occidental Petroleum's (OXY) stock price at the exact level we\u2019ve seen Berkshire step in many times before.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/chart-advisor-buffetts-berkshire-buys-more-oxy\/#primaryimage","url":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/1-7-1100x546.png","contentUrl":"https:\/\/www.ibkrcampusdev.wpengine.com\/campus\/wp-content\/uploads\/sites\/2\/2023\/03\/1-7-1100x546.png"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/186458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=186458"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/186458\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=186458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=186458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=186458"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=186458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}