It is odd that GOOGL traded in such a n arrrow range,this is not like GOOGL?
Is the firework gone or will it come back?
i am not a technician,but I think GOOGL,GOOG firework is missing-the Google Glass,the Google Watch(did they come out with the watch ),the Motorola acquisition,the Chrome Book,and Samsung now wants its own operating softaware to replace Android,Facebook is getting mobile ads and AMZN has drones ,You Tube videos are just as bad as the pictures on Ebay,so what is left is the GOOGLE SEARCH.
In case some of you dont know,Sergei Brin has been steadily selling his shares.
Feel free to add driverless car,and those lens for diabetic
Retail buyers in China will push this stock higher,so if you want to arbitrage ,buy here and sell there,but their market opens first,
How can it go down to 65 tomororw when most traders/retailers paid 90+ on FrIDAY??
I wonder if BABA will share the celebrity rock star status as the domestic ones like Google or APPL or Facebook.
We dont really have much to do with BABA ,unless you are looking to find something cheap to resell on Ebay!
A few more retail suckers would buy at the open along with some profit taking from those who bought last week.
the stock did not start trading at 9:30 am,there was much delay due to order imbalance.
And it did not open at IPO price,so when you hear it closed at 94,not everyone is sitting on substantial gain.
so for those who did not get in at IPO price,there is not much profit to take profit?/
My guess is Baba may go lower,not too much lower.
Just my observation
well Friday is here and Google is down over 4 points,it could drfit lower with the rest of the market
There seems to be more and more sites where you can buy,Twitter is the latest,then there are Facebook,AMZN,EBAY,YAHOO,ETSY and zillions of sites.
AOL does it all the time,like Man Eats Tiger will play after this commercial.
Most of these internet ads no one watch,AOL is notorious -you cant read an article without watching some stupid ads first,sometimes you go to a site and there are so many ads waving in y our face,all of them you dont care .
what I am watching now on this page-Fidelity $7.95?no thanks,I already have a discount brokerage account.
On the other side of the screen,there are discount ink cartridges,I just bought some last night (this is how they found out I maybe interested in ink cartidge) but I wont need any more until 3-6 months from now.
Online Ads are no better than paper ads,the best is to throw them away.
I heard someone said buying stocks today is like shopping at Neiman Marcus,everything is MORE expensive.
The market does look tired,you still hear experts telling us it is still cheap to buy stocks,but is it?
Companies which deal with consumerrs are not faring too well these days,Mcdonald,Walmart,Elizabeth Arden,Helen of Troy,CONN.
Atlanta NJ 2 casinos are laying off workers,HP continues to slim down,MSFT is laying off Nokia workers,CSCO is laying off workers.
The haves and the havenots,those who are waiting for iPHONE 6 and those who are waiting for their welfare checks to arrive so they can shop at Walmart