Get started

GOOGL

****spy is at a very critical level make it or break it week ***Looking at the weekly chart on the spy it appears that it is a make it or break it week…notice how the candles on the weekly r very identical to the last rally, if spy can’t break out this week then this will be a double top pattern and the drop would be severe (lower lows), alternatively if the spy holds and breaks out to upside then the rally will continue and $430 will be the target…cpi data on Wednesday could be the deciding factor…best of luck to all.
AMEX:SPY
by Wastenotime
Alphabet | Fundamental Analysis | Long | MUST READ Alphabet stock is down about 16% over the past 12 months as investors worry about the macroeconomic problems of its core advertising business. Rising interest rates and a looming recession have also put pressure on the stock. But that short-term factor aside, Alphabet stock looks historically cheap at 21 times projected earnings. For the foreseeable future, the company will continue to dominate the markets for search, digital advertising, streaming video, Web browsing, and mobile operating systems. Although its cloud business is smaller than that of Amazon or Microsoft, it may also continue to grow. So selling Alphabet just because its advertising business is going through some tough quarters could be a mistake. Let's take a closer look at where the tech giant's stock could be headed a year from now. In the second quarter of 2022, Alphabet generated 81 percent of its revenue from Google's advertising business, which includes its main search engine, ad network, and YouTube site. "The Bears argue that this business will struggle in the face of rising inflation and slowing economic growth. Google's ad business growth has certainly declined over the past year, but it is still growing year over year (YOY). In this segment, YouTube initially grew faster than Google's search and advertising business. However, YouTube's growth slowed in the first half of 2022 as it struggled to match the post-pandemic recovery in ad sales a year earlier. When Google's ad business weakened at the start of the pandemic in the first half of 2020, the company relied heavily on Google Cloud growth, which was offset by lockdown trends and the growing use of cloud services. Google Cloud continues to grow at a faster rate than the advertising business, but it is also losing momentum and is not growing much faster than its larger peers. Amazon, which leads the cloud race with Amazon Web Services (AWS), increased its cloud revenue 33% from a year ago to $19.7 billion in the most recent quarter. Microsoft's total cloud computing revenue, including its Azure cloud platform, rose 28% to $25 billion in the latest quarter. This is troubling because Google Cloud is not yet a profitable company, and it may have to offer the lowest prices and aggressive promotions to keep up with Amazon and Microsoft. Simply put, it's not a solid crutch for Google to lean on if its advertising business ever stagnates - because an increased share of cloud revenue would likely result in lower overall operating margins. Alphabet expects its advertising business to continue to face difficult comparisons with the recovery from the lock-in through 2022. The company also expects the growth rate of its cloud business to slow in the near term as macroeconomic factors will cause some customers to either spend less money or put off purchases. Alphabet hasn't provided exact projections for the rest of the year, but during a recent conference call, CEO Sundar Pichai said the company will "slow down hiring and increase its focus." In other words, the company is preparing for a slowdown by cutting back on fat but expects total capital investment to increase in 2022. In 2021, Alphabet's revenues and earnings were up 41% and 91%, respectively, as the company recovered from the pandemic. But this year, analysts expect the company's revenue to grow 13% and profits to fall 8% from this difficult period. In 2023, they expect revenue and profits to grow 12% and 16%, respectively -- assuming the current risk factors subside. We should take these estimates with caution, but they indicate that Alphabet's slowdown is likely to be temporary, and its core businesses will continue to grow. Alphabet stock is unlikely to take off in the next 12 months - because at the moment it just seems reasonably valued, not undervalued - but it will definitely go up in the next few years.
NASDAQ:GOOGLLong
by FOREXN1
3
Google: Searching for lower pricesAlphabet Short Term We look to Sell at 118.12 (stop at 121.10) The medium term bias remains bearish. The sideways consolidation continued although the market managed to post a significant high at 120.00. Trading within a Bearish Channel formation. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 104.19 and 101.01 Resistance: 119.00 / 125.00 / 142.00 Support: 110.00 / 104.00 / 100.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:GOOGLShort
by Saxo
1
SPY QQQ DJI , Are We heading into a recession? The S&P 500 and Nasdaq have fell over 20% since January of this year, and many are questioning whether the recent bull rally is an indication that the market may have bottomed, and if we are now recovering. Even with the fed announcing a 75bps rate hike this week, and a second consecutive quarter with negative GDP report, the market has gained over 6% just this week. Anyone can find a perma bull or perma bear argument and run with it, however I like to use historical data and context to give us an idea of what may possibly occur. So I compared the 10Y-2Y bond yield spread to see what has happened in the past, relative to the S&P500. The conclusion I came away with, is that there has not been a time when the 10Y-2Y bond yield has inverted, without a recession following it. The question is how long did it take for the full blown recession to occur, and that's the challenging part, and there is no way to predict when the actual recession will occur based on history. For example the three recessions that occurred most recently were the .com bubble, the great financial crisis of 2008, and most recently the mini Pandemic recession of 2020. All three times the chart showed clear inversions between the 10Y 2Y bond yield curve. In March of 2000 the spread between the 10Y bond yield and 2Y was -50 at the bottom of the inversion, and it took about 189 days before the stock market crashed. In 2006 the inversion bottomed around feb 2006, and the 10-2y spread was about -20, (which is actually where it stands today), and the stock market did not crash or feel the effects for another 500 days give or take. In 2020 the inversion bottomed around July of 2019 and the spread got as low as -.02, and the market collapsed in March of 2020 (many still question how the bond yields could have predicted the pandemic) nonetheless, this chart has proven to be a great predictor of recessions. So to sum it all up, using just technical analysis (the marco supports this but that another topic for another day), shows that the likelihood of another recession occurring is more likely then not, whether it will occur in a few weeks, months, or even years is the question, so I urge every trader to just keep this in mind its okay to go with the trend and make some money, however just be very cautious with your assets and keep this in mind. Best of Luck to all. This is NOT financial advice just my personal ideas.
FRED:T10Y2Y
by Wastenotime
2
Now I know my ABC, next time will you sell with me?Alphabet - Short Term - We look to Sell at 2306.60 (stop at 2426.25) The medium term bias remains bearish. The sideways consolidation continued although the market managed to post a significant low at 2037.69. Continued downward momentum from 2393 resulted in the pair posting net daily losses yesterday. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 2001 and 1949.50 Resistance: 2393.70 / 2457.09 / 2490.00 Support: 2114.63 / 2100.92 / 2037.69 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:GOOGLShort
by Saxo
1