Goog vs Apple? Google direction in the next week or weeks leading to Earnings
I'm very confused as I currently own Goog. As Apple was going down in he fall, there was comparison btw goog and apple and the analysts were cheering for goog and smacking down apple which worked. Now the comparison is still made but I've got a problem in that core revenue streams for each company are different so why the comparison?
Moving ahead, we have about 4 weeks until earnings. I'm confused but realize a pullback was normal. I am long goog april 825 calls and wondering when the momentum in this will start again. I have conviction in Google's core business of course being advertising and its growth in that space. I still see growth remaining strong as well.
Any thoughts on price action for the week? Also make your call on leading up to earnings as well
Bullish on googs mid term, bearish short term. When they have a strangle hold on mobile add you will see 1000+ ez. That's a long term projection and there is a good chance they won't dominate mobile like desktop. Thats bad since mobile will canabalize desktop.
Hope you are not right but afraid you could be right as the mojo is lost. I'm hoping for that opposite bucking the trend google behavior we have seen before but feel the broad markets will get hit due to Cyprus bailout