Alphabet - GOOG

[tsptalk]

Google beats estimates and is trading higher after hours. Partly because they announced a 20 for 1 stock split, which is doing nothing for the company's value but it gets investors excited.

https://www.cnbc.com/2022/02/01/goog...ock-split.html

[Bullitt]

I wonder if a Nasdaq 100 price split has ever been discussed at a fed meeting. Might be one of the "various tools" they're holding on to.

[tsptalk]

Now that's some action. Giant gap up and a double top pullback.

[tsptalk]

Google is trying again to breakout to new highs. It failed last week...

Great formation.

[tsptalk]

Dealing with the open gaps...

[JTH]

Dealing with the open gaps...

Nice -9.6% decline...

Sometime last week, YouTube started blocking ad-blockers, my chrome/brave browsers stopped playing vids. There are "work-arounds" but it's more trouble then I want to deal with, so I've I had to permanently switch to Firefox.

Anyhow, my "theory" on this sudden change was that google is shoring up their ad revenue, perhaps it speaks to a larger issue.

[Bullitt]

Another magnificent seven stock not looking too good. Goodbye 200 DMA today and down 15% from its top - in a bull market.