Alphabet Inc (GOOG)

[DiscoverGold]

Alphabet (GOOGL):
By: Carl Swenlin | March 1, 2024

Alphabet (GOOGL): GOOGL has run into resistance at the 2021 top, and has formed a long-term double top. The rising trend line from the 2022 low is still intact, but there is a PMO negative divergence. If that trend breaks, so will its magnificence.

Prognosis: Not good at this point. Magnificence is endangered.



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Apple (AAPL) and Google (GOOGL) Flashing "Pure Weakness"
By: Erin Swenlin | March 1, 2024

We've begun talking more about the Price Momentum Oscillator (PMO) as it relates to finding "pure strength" and "pure weakness". What it all comes down to is the zero line and the PMO's behavior above or below.

We review the Magnificent 7 charts frequently and we noticed that both Apple (AAPL) and Google (GOOGL) are displaying "pure weakness," as far as the PMO is concerned. Pure weakness is defined by the PMO moving lower or moving sideways below the zero line. The distance the PMO is away from the zero line determines the veracity of the condition.

We can see with AAPL, there was a period of "pure strength" back in November. The PMO had moved above the signal line and was rising strongly. When it topped and began to fall above the zero line, it was a sign of diminishing strength. Pure weakness set in when the PMO dropped beneath the zero line, and it is currently in effect. Had we followed the signal, it would've saved quite a bit of downside.

The rest of the chart looks pretty terrible, as well with a negative RSI and Stochastics below 20. Additionally, relative strength is failing across the board.



We see a similar setup on GOOGL, but this time the signal is arriving NOW as the PMO dropped beneath the zero line. While this doesn't mean a precipitous decline is ahead, it does tell us to tighten up stops, at the very least.

There are signs that there might be further decline ahead for GOOGL. The RSI is negative, and Stochastics are below 20. Additionally, relative strength is failing across the board.



Conclusion: The PMO can be used to determine the strength or weakness in a particular move based on its location and direction around the zero line. Based on the PMO, both Apple and Google are displaying pure weakness.

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[djmk2]

Pershing Square Capital Management hedge fund recommends GOOGL/GOOG as top AI pick going forward. Do not trade this stock , buy it and keep it. It is dirt cheap compared to the other stocks in the Magnificent 7.

[djmk2]

What are Motley Fool's 5 Top AI stocks you can buy right now?
The Motley Fool has positions in and recommends in this order: Alphabet, Amazon, Meta Platforms, Nvidia, and The Trade Desk.
The MF also lists Tesla, but I am not fond of the TSLA and EV market hype. There was a reason Musk off loaded billions of dollars in TSLA stock. The more people buy EVs the lower the price of gas will be.

[djmk2]

Warren Buffett does not usually pick tech stocks, but Google really fits his basic investing criteria being the best value stock of the Magnificent Seven. Additionally , Google may be be the most lucrative AI beneficiary as Bill Ackman believes for his hedge fund as well as his personal portfolio.
Currently Google appears to be in its final shake out as a result of the juvenile antics in the news yesterday by good old Musk.
Buy the dip TODAY !

[djmk2]

Not Nvidia Or Meta: Hedge Fund Titan Bill Ackman Sees Lucrative Opportunity In This 'Magnificent 7' Stock
4:14 am ET February 27, 2024 (Benzinga) Print
Bill Ackman, the founder of Pershing Square Capital Management, has expressed his confidence in Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), the parent company of Google, as a lucrative investment opportunity.

What Happened: Ackman, in a recent conversation with computer scientist and tech YouTuber Lex Fridman last week, shared his positive outlook on Alphabet. When asked about his analysis of the tech giant, Ackman highlighted the company’s strong position in the market, particularly in the field of AI.

"So it's a business we've admired as a firm for, whatever, 15 years, but rarely got to a price that we felt we could own it," he said, adding, "Because again, the expectations were so high and price really matters."

See Also: Bill Ackman Says OpenAI’s Governance Leaves ‘Something To Be Desired,’ Echoing Elon Musk’s Doubts On Non-Profit To For-Profit Transition

[djmk2]

Hedge Fund manager Bill Ackman's best AI pick is not NVDA. His best AI pick is GOOGL/GOOG . It is a bargain compared to all other AI stocks.
Ackman has a net worth of over $4 billion . His portfolio has Alphabet as his largest holding comprising over 20% of his portfolio. GOOGL is his favorite of any of the Magnificent Seven stocks.as well as his top AI benefactor.
The current glitch in their graphics processing will be remedied asap just as other missteps have all been corrected in the past. This is not Google's first rodeo. Elon Musk should know this, but it is just another way for him to get the stock at a lower price.
.

[djmk2]

I did like wise.

[djmk2]

I expect a significant bounce upward in the final 60-30 minutes of the market for GOOGL/GOOG today. RSI is like a compressed spring right now. The stock is currently very oversold following its last earnings release THAT WAS AN ALL TIME RECORD.

[djmk2]

The RSI numbers look very oversold due to the temporary glitch in Gemini's AI system. I nearly doubled my position today. This is a temporary problem not a disaster.
Any thoughts here?

[djmk2]

Does anyone know whose chip Alphabet is using that has this temporary glitch that requires correction?

[kugel]

Hi team just bought a few shares go,

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$GOOG continues to look top heavy post earnings report
By: TrendSpider | February 23, 2024

• $GOOG continues to look top heavy post earnings report.



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$GOOGL - Update. Striving to hold the Top-Lane..
By: Sahara | February 22, 2024

• $GOOGL - Update.

Striving to hold the Top-Lane..



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[Harbor6460]

The W in the chart is forming. Nvda just put out good results. We hit 155 watch out above

[djmk2]

GOOGL has been into AI for 25 years and MRVL has been making AI chips for AI since year 2000. Both companies have a lot of experience and knowledge to compete with NVDA.

[DiscoverGold]

Cathie Wood & Ark Invest's Sells 12,146 Shares of Alphabet Inc. (GOOG)
By: Ark Invest Daily | February 15, 2024

• Cathie Wood and Ark Invest's trade activity from today 2/15.



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[Harbor6460]

This thing is gonna explode with Gemini revenues in 6-9 months and election cycle

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This $GOOG trader SOLD $2.6 Million of puts to open
By: Cheddar Flow | February 9, 2024

• This $GOOG trader SOLD $2.6M of puts to open

You can tell it was to open because the amount of contracts sold was higher than the existing OI

This trader is looking to collect premium on these contracts and a lot of it too (Bullish for GOOG)



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$GOOGL Had a very unusual amount of call LEAPS today
By: Cheddar Flow | February 6, 2024

• $GOOGL Had a very unusual amount of call LEAPS today

These prints have high premium and some are very far OTM like the 260c's

They were also opening orders, due to Vol > OI



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Cathie Wood & Ark Invest's Sells 15,455 Shares of Alphabet Inc. (GOOG)
By: Ark Invest Daily | February 5, 2024

• Cathie Wood and Ark Invest's trade activity from today 2/5.



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[DiscoverGold]

Based on Relative Strength, Alphabet (GOOGL) Is An Unloved Stock
By: Tom Bowley | February 4, 2024

Nearly two weeks ago, I was discussing in our FREE EB Digest newsletter why I felt Alphabet (GOOGL) was poised for a decline after earnings. It was continuing to push higher, which, on the surface, was a fairly bullish signal. However, if you looked at how strong internet stocks ($DJUSNS) were performing as a whole, then it became rather obvious that the big Wall Street firms weren't overly impressed with GOOGL as it head towards its quarterly earnings release. Check out the bottom two panels - the first showing GOOGL:$DJUSNS relative strength and then the second showing the relative strength of Meta Platforms (META) vs. the internet group (META:$DJUSNS):



In our January 26th EB Digest newsletter article, I featured the above trading range (139-144) as a possible landing area for GOOGL after earnings. Heading into its earnings, GOOGL was overbought and was a SIGNIFICANT relative under performer. It's pretty obvious to me that META was leading the internet group, while GOOGL was the beneficiary of being in a strong group. GOOGL's recent weakness did, however, send the stock down into that 139-144 trading range and GOOGL is now testing a longer-term uptrend line. While I'd expect a price bounce from here, it's really relative strength that I'll be watching.

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[Harbor6460]

Funds are Loading. Those numbers were Great. And next Q is the full AI revenue start. The games will end soon enough

[JJ8]

Even though this is the second day in Downtrend for the Dailies, the Weekly still in Uptrend at this time. We shall know more in few trading sessions which tendency will prevail. GLTA

[JJ8]

Google share price High Pole Warning today 31-Jan-2024.

GOOGL is correcting within a longer-term bullish trend. Although its MACD is presently below the signal line, shares remain above an upwards sloping 200-day moving average. Momentum for GOOGL is strongly bearish. The 14-period Slow Stochastic Oscillator is falling, as investors sell shares and drive the price lower. Today's volume is on track to be heavier than usual, with 56,758,200 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers. As of 3:36 PM ET Wednesday, 01/31/2024

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$GOOG Bears Hitting The Tape This Morning
By: Cheddar Flow | January 31, 2024

• $GOOG Bears Hitting The Tape This Morning

Most of the prints are longer-dated and call sells though, which increases the chances that they are closing positions after earnings.



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Alphabet (GOOGL) Stock Dips After Ad Revenue Falls Short
By: Schaeffer's Investment Research | January 31, 2024

• Alphabet beat earnings and revenue expectations

• Options traders were quick to respond

Shares of Alphabet Inc (NASDAQ:GOOGL) are pulling back sharply after the Big Tech powerhouse and Google parent's fourth-quarter earnings report. Though the company turned in better-than-expected earnings and revenue, its advertising revenue disappointed Wall Street. Plus, Alphabet and Microsoft's (MSFT) artificial intelligence (AI) cost projections are weighing on tech today.

Falling further from its Jan. 29 all-time high of $153.51, GOOGL was last seen down 5.7% at $142.82. The stock seems to be getting a little support from a familiar floor at the $152 level. Still, today's drop puts a significant dip in a once healthy year-to-date gain, with the shares now up just 1.5% in 2024.

Options traders have been quick to the trigger. So far, 115,000 calls and 73,000 puts have crossed the tape, or five times the average intraday volume. The weekly 2/2 147-strike call is leading the pack, followed by the 140-strike put from the same series, with positions being bought to open at both.

Short-term options traders are likely cheering the dip, as they've been more put-biased than usual of late. This is per GOOGL's Schaeffer's put/call open interest ratio of 1.11, which stands in the 99th percentile of annual readings.

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Alphabet $GOOGL Just Reported Earnings
By: Evan | January 30, 2024

• GOOGLE $GOOGL JUST REPORTED EARNINGS

EPS of $1.64 beating expectations of $1.60
Revenue Ex-TAC of $72.3 beating expectations of $70.1B
Total Revenue of $86.3 beating expectations of $85.3B

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[eastunder]

GOOG, GOOGL report after the bell

Alphabet Inc. (NASDAQ: GOOG, GOOGL) will hold its quarterly conference call to discuss fourth quarter 2023 financial results on Tuesday, January 30, at 1:30pm Pacific Time (4:30pm Eastern Time).

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High Premium $GOOG & $NVDA Call Buys/Put Sells Hitting the Tape. These are aggressive and are being bought to open (Bullish)
By: Cheddar Flow | January 24, 2024

• High Premium $GOOG & $NVDA Call Buys/Put Sells Hitting the Tape

These are aggressive and are being bought to open (Bullish)



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[DiscoverGold]

Alphabet (GOOGL) Layoffs Good for Investors
By: 24/7 Wall St. | January 23, 2024

One thing that helped mega tech company stocks recover from a dip over a year ago was layoffs. Some companies, including Meta Platforms Inc. (NASDAQ: META), cut well over 10,000 jobs. Alphabet Inc. (NASDAQ: GOOGL) did the same in more than one wave. With Wall Street’s concern about the high cost of some of its divisions, Alphabet has cut again.

Alphabet’s X Lab was created to identify and exploit technologies that had not been on the parent company’s radar. When it was formed almost 14 years ago, Google founders Larry Page and Sergey Brin said they founded X Lab to consider “far-out, sci-fi sounding technologies that could one day make the world a radically better place.” It looked at several hundred projects. Few, if any, matured into significant business opportunities.

Alphabet will go outside its walls to fund any projects X worked on that have promise. According to The Information, “X is looking to spin out more projects as independent companies after spinning a cybersecurity related project last year, an Alphabet spokesperson said.” Alphabet did not say how many people it let go, but it means more focus on the public corporation’s core businesses, both at Google and YouTube.

Investors had grown tired of expensive experiments across the big tech landscape. They did not like the multibillion-dollar investment Mark Zuckerberg’s Meta made in the Metaverse. They did not like Amazon’s aggressive move into consumer electronics. Alphabet also had pet projects like the Pixel smartphone. Why would Alphabet management believe it could compete with market leaders Samsung and Apple? (Apple could buy these 25 huge companies right now with cash.)

In the past year, Alphabet’s stock has gone from less than $100 per share to $147. One way to keep up that momentum is to show that management wants to stick to what it knows best. That is, and always has been, digital advertising, no matter what else the company has tried.

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[Monksdream]

GOOG new 52 week high

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Since IPO, $GOOGL has had it's highest win rate in the month of January: 75% win rate and average return of +1.95%
By: TrendSpider | January 20, 2024

• Since IPO, $GOOGL has had it's highest win rate in the month of January:

75% win rate and average return of +1.95%



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Alphabet $GOOGL broke the downtrend and ran to a new 52W high
By: Options Mike | January 15, 2024

• $GOOGL broke the downtrend and ran to a new 52W high.

Big tech stil strong, see if the 8D holds or play a range break.



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[eastunder]

The low was 138.90

[JJ8]

GOOGL
ALPHABET INC. CLASS A
Filled
Buy 10 Limit $140.00 Day
$139.98 9:42 AM 01/17/2024

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Google releases AI multisearch feature in US
By: Investing | January 17, 2024

(Reuters) - Google (NASDAQ:GOOGL) on Wednesday rolled out an AI-powered feature in the United States that will allow users to search with an image and text simultaneously using their mobile phones.

Users of smartphones such as Pixel 8, Pixel 8 Pro and the new Samsung Galaxy S24 series would be able to use multisearch with gestures without switching apps from Jan. 31, the Alphabet-owned company said at the Samsung Electronics (KS:005930) Unpacked event.

Mountain View, California-based Google makes most of its revenue from the online search market. It has been competing with Microsoft (NASDAQ:MSFT) for the past year over generative artificial intelligence (AI).

The company said the multisearch feature can be used with its lens camera icon in the Google app for Android & iOS.

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[Harbor6460]

Ha. Days range 140.51. Lol.

[JJ8]

Day Order to Buy Shares at 140 filled. GLTA

[DiscoverGold]

Alphabet competitive, if not a leader in the development of genAI - Argus
By: Investing | January 12, 2024

The Alphabet (NASDAQ:GOOGL) price target was raised to $170 from $153 by Argus on Friday, with analysts maintaining a Buy rating on the stock.

Analysts see Alphabet as one of the tech industry's leaders, along with Facebook, Apple, Amazon, and Microsoft.

"These companies have come to dominate new developments in mobile, public cloud, and big data analytics, as well as emerging areas such as artificial intelligence, virtual/augmented reality, and even quantum computing," wrote the analysts.

Analysts also noted that the tech giant announced the release of Gemini, a new advanced AI model that the company touts as more powerful than the currently most advanced AI models.

While Alphabet has often been criticized as a Johnny-one-note for its dependence on digital advertising, the rapid growth of Google Cloud has begun to diversify the company's revenue," added the analysts. "Alphabet remains at a minimum competitive if not a leader in the development of generative AI, perhaps the new computing paradigm."

"We remain positive on Alphabet's underlying businesses and believe that GOOGL shares are attractively valued."

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[DiscoverGold]

The customer wins here, and Google's move adds some pressure to Amazon and Microsoft to drop switching fees
By: Markets & Mayhem | January 11, 2024

The cloud wars are kicking off into their next phase ⛈️

The customer wins here, and Google's move adds some pressure to Amazon and Microsoft to drop switching fees pic.twitter.com/mMJnR1DFMl

— Markets & Mayhem (@Mayhem4Markets) January 11, 2024

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[Harbor6460]

The market dumped to let the Big Boys in at 121.00. Lets go

[Monksdream]

GOOG new 52 week high

[eastunder]

I disagree. He's not a pos. It's an RSU (or in Googles case they call them GSU's which is kinda cute ;), it vested, and it's part of a Rule 10b5-1 trading plan.

https://www.seedsafefinancial.com/google-rsus/

A filing always explains it.

So - Good for him!

https://www.sec.gov/Archives/edgar/data/1534753/000120919124000683/xslF345X05/doc4.xml

Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.67 to $139.66, inclusive. The Reporting Person undertakes to provide to any security holder of Alphabet Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (3) to this Form 4.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.67 to $140.66, inclusive.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.68 to $141.67, inclusive.
4. Class C GSUs entitle the Reporting Person to receive one share of Alphabet Inc. Class C capital stock for each share underlying the GSU as GSU vests. 1/12th of the GSU vested on March 25, 2023 and an additional 1/12th of the GSU will vest quarterly thereafter until the GSUs are fully vested, subject to continuing employment on the applicable vesting dates.
Remarks:
Transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on August 31, 2023.

[Harbor6460]

That pos

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Google $GOOGL CEO Sundar Pichai just filed for his sale of 22.5K shares of $GOOG stock worth $3.2 Million (Pre Tax)
By: Evan | January 4, 2024

• Google $GOOGL CEO Sundar Pichai just filed for his sale of 22.5K shares of $GOOG stock worth $3.2 Million (Pre Tax)

Pichai still holds Millions of shares of Google stock currently worth almost half a Billion dollars



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Big Tech Stock to Target This Month
By: Schaeffer's Investment Research | January 3, 2024

• GOOGL is a safe bet to make in January

• Plus, 24 other stocks that are worth considering to start 2024

Even as the tech-heavy Nasdaq tumbles amid slightly higher interest rates, investors should consider adding Dow component Alphabet Inc (NASDAQ:GOOGL) to their portfolio to kick off the new year.

Digging deeper, seasonality suggests shares of the 'Magnificent Seven' member could jump this month, per data from Schaeffer's Senior Quantitative Analyst Rocky White. Shares of Google's parent company stand near the top of White's list of the best performing stocks on the S&P 500 stocks in January, going back 10 years. In fact, the security saw positive monthly returns during this time period seven out of ten times, boasting an 3.9% pop on average.



Just after the morning bell, GOOGL is down 0.9% to trade at $137.09, though it remains within a chip shot of its late-December, roughly 20-month highs above the $142 level. Plus, the shares are just off a more than 53% annual gain.

For those looking to place their bets on the blue-chip tech giant, options are affordable at the moment. This is per Alphabet stock's Schaeffer's Volatility Index (SVI) of 22% that ranks in the 8th annual percentile, which suggests options traders are pricing in lower-than-usual volatility expectations.

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[DiscoverGold]

Alphabet $GOOGL - Broke out above the October high in December. The next target is the all time high at 151.55 and I expect it to reach the target by its next earnings date on February 1st. A good earnings report will likely lead to a new ATH.
By: CyclesFan | January 1, 2024

• $GOOGL - Broke out above the October high in December. The next target is the all time high at 151.55 and I expect it to reach the target by its next earnings date on February 1st. A good earnings report will likely lead to a new ATH.



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[DiscoverGold]

Alphabet $GOOGL January happens to be one of the best performing months for Google since going public in 2004. 74% win rate and average return of +1.80%
By: TrendSpider | January 1, 2024

• January happens to be one of the best performing months for Google since going public in 2004. $GOOGL

74% win rate and average return of +1.80%



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[Harbor6460]

Company bought 60 billion in shares this year. This is gonna explode in 2 years