Trade Tracker: Amy Raskin buys more Berkshire

Market Overview - Major stock indices showed strong performance in Q3, with the S&P 500 up 7%, NASDAQ up 10.5%, Dow up 4.5%, and Russell 2000 up 11% [2] - The rally is expected to continue, but not necessarily at the same pace as seen in Q3 [2] Stock Performance - Notable stock performances include Goldman Sachs up 70% and JP Morgan up 50% over the last 52 weeks [5] - A significant portion of the portfolio has stocks that are up over 20% year to date, indicating a broad market rally [4] Investment Strategies - Morgan Stanley's Katie Huberty suggests focusing on quality assets due to high valuations in the market [1] - UBS has identified high-conviction stocks such as Amazon and Disney, indicating a search for opportunities outside of the largest tech companies [7] Company Insights - Disney's stock has shown consolidation after a strong start to the year, with future performance dependent on earnings and streaming growth [8][9] - Berkshire Hathaway is viewed as a strong investment due to its cash reserves and management team, providing a safety net in case of economic slowdown [6][5] Fintech Sector - Wealthfront is preparing for an IPO, but faces challenges due to increased competition in the robo-advisory space [16][18] - The fintech market is currently more favorable for companies like Robinhood and SoFi, but the long-term investment potential of Wealthfront remains uncertain [20][21]