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Google (Alphabet)

We're Going Long GOOG For A BargainAlphabet's (GOOG) stock has been trending upward for quite awhile, and we've been keeping a close eye on it.  We've raised our risk level on most of the massively expensive tech stocks due to our views on the overinflated prices from the "Trump Trade" since the election.  Already, our speculation of the market correction seems to be in-effect dependent on the next few days' price action with the S&P 500 ETF (SPY). But in the meantime, we think the short term outlook for Google is bullish, and this evinced itself when it continued its uptrend with the break of the last up-fractal at $836.26 on Friday, March 9th.  Although the option liquidity is not our most favorite spread width, we saw a recent catalyst occur as well with the introduction of Gmail money which will likely crush the likes of Venmo and potentially Paypal.  Not to mention, Alphabet's subsidiary Waymo filed suit against Uber for stealing trade secrets through one of Uber's recently acquired autonomous car companies "Otto".  After reading the details of what the suit entails, it revolves around a former Google employee stealing designs of proprietary LIDAR technology and using it for his autonomous truck startup (which Uber acquired). The lawsuit will likely be a hefty sum, and due to the somewhat "smoking gun" Alphabet has from email traffic showing the design in question, the odds favor Alphabet in winning the proprietary suit down the road. From a fundamental standpoint, the Google news about the Gmail money concept will likely drive upward sentiment to execute a further uptrend following strategy. So how are we getting this at a discount? Here's the trade: Buy 3x Puts; 7 Apr 17 Exp; $845 Strike  $10.04 Sell 6x Puts; 7 Apr 17; $850 Strike          $12.37 Buy 3x Puts; 7 Apr 17; $852.50 Strike   $13.85 Max Risk: $495.00 Max Sweet-Spot Reward: ~$855.00 Max Reward Passed $852.50 Strike: $255.00 Our trailing stop will follow our middle moving average currently at $825.14 and moving upward.
NASDAQ:GOOGLong
by EdgeAnalytics
Why The Market Is Due to Crash in 2017 or 2018Those who do not learn from history are bound to repeat it.  To us, 2017 is starting to look more and more like 1999-2001, with some B.S. from 2007 sprinkled in.  Our evidence to support the argument is pretty substantial, but the only weakness lies in how long the music can continue to play. We don’t like to make predictions of stocks or market direction in-general, but when something smells like a turd, it’s usually a turd. Our first point: Margin debt amounts are higher than they’ve ever been in history.  Okay, so what’s the trigger?  A short term consolidation.  As in musical chairs, those buying into the market while it’s running are going to come out on the plus side, and man has it run since December.  But what happens when news such as the potential for hiccups in conservative policy cause a halt to the speculative run that’s happened while Trump has been in office?  The music stops. As a retail investor and trader, I can account personally for this, as margin is needed for your average investor who makes <$100,000 per year to buy into index funds like SPY when they’re over $200 per share. Even more so, who wouldn’t want to leverage themselves to buy into a higher risk equity or stock that has been in a >40% run, since December? The stock market is a rich man’s/woman’s game, and margin leverage is needed in order for traders to attempt to even make a dent in their account growth.  When investment banks, commercials, news, or whatever are pitching “growth” securities, some of which trade at a price multiples times their revenue (ahem, Amazon (AMZN)), then the frenzy continues with financing until the music eventually stops. Then the proverbial #$#@ hits the fan. Those who have bought on margin wind up closing their positions out of fear of losing more than they can afford, or worse, they wake up only to receive the margin call, not including their interest payments on the short term loan.   Once that 2-3 day market consolidation happens, the market will likely tank back to where it was at least in December, if not further over the course of about a month due to fear. Our second point: household debt has increased substantially, specifically with student loans and auto loans since 2007 and 2008 according to the Fed.  Since the irresponsible banking sector’s sub-prime mortgage issuance up until the 2007 crisis, regulations forced the banks to seek other forms of interest revenue. Enter student loans and car loans.  There’s a reason why car loan terms have increased from 4 years to almost 7 or 8 years since the mid-2000s.  It’s easy money, and it’s tempting for the unassuming car buyer to want their monthly payment to be lower, not knowing they end up underwater at the end of the loan (not to mention the car likely being in terrible condition by the end of the 7 years).  Not only are the banks responsible for this “free money” but also the auto companies themselves by allowing their lending arms to generate interest payments to their receivables as a hedge against lower sales figures. As for student loans, it’s all in the numbers. The new President’s plan is a cap at 12.5% (an increase in 2.5%) of the borrower’s income, with debt forgiveness in 15 years with full payments.  An average student loan is ~$10,000/year (in state) and ~$23,000/year (out of state). That’s $40,000 at a bare minimum at the end of the student’s enrollment.  The average salary coming straight out of undergraduate programs is $50,000 a year, capped at $70,000-$80,000 for most jobs if the individual doesn’t have a Masters. Read the rest of this article on our site from our Tradingview homepage.
AMEX:SPYShort
by EdgeAnalytics
1
Google - Sell this Bat pattern?Hey guys, google or Alphabet is gonna report their earnings next week. With the S&P at a critical resistance, and a bearish bat(blue) on the daily chart of google, I expect a less than stellar earnings report from them. If you decide to go short, do it before Jan 25th around current market price with your stop loss around 825. Hopefully, a bad earnings report can kick start a correction for google back to 680 where Harmonic traders can go long on a bat pattern. I do not try to predict news, I only trade based on Harmonic patterns and vanilla support and resistance. If the earnings report comes out fantastic, price will breakout to the upside and this pattern will fail and hit your stop loss. I will then continue to buy upon any retracement to this resistance turn support zone at 815.
NASDAQ:GOOGShort
by TerryHarmonicTrading
3
WHY BUY TWITTER???TWTR , a big name in social media. But who wants to buy Twitter and why? Well what ever the reason is I am not buying it as it doesn't make sense to me how a general everyday service product should have such high valuation? I would but TWTR if it's under $10. Actually let me take it back. My valuation is around $1-$3 at best. Because Twitter didn't add value other then just like news media but more like in a personal level. But it didn't change significantly either. Also think it has more opportunities to work in collaboration with GOOGLE GOOG rather just buying out or selling out the whole industry. It can work out in conjunction to Google Hangout out. But better future of TWTR is with FB. It would be a great tool if FaceBook can buy it as FB already has so many user which functions almost like twitter. You should also see CRM SALESFORCE too, as a short candidate. I will publish a chart on Google too soon. Ok guys, other then random thoughts let you know that when it reaches the upper read resistance line around $30-$28 or below, then it will be a good are to go short again with TWTR I hope when I am going to twit this post, Twitter is not going to take it off from my post :)
NYSE:TWTRShort
by sum1
Who wants to sell Salesforce???CRM Salesforce is gone. Even though it is trying to buy Twitter but don't think it will be successful as Goggle and other hungry birds are out there. Even if CRM buys twitter still there stock are sale because it's a falling knife. And if there is a bounce that means more to upload with short side. There are 2 green support lines from 2009. One has around $60 as a temporary support but think it may well go down to $30 zone which is a second green support line. But if it breaks that line then it may go well below under $5 if CRM cant fix revenue streams and profits.
NYSE:CRMShort
by sum1