GOOG is a lower RS-rated stock among the "big stock" NASDAQ index leaders, but it is extremely persistent here as it flashed another pocket pivot buy point. GOOG bores us, quite frankly, when we are having fun with stocks like ROVI and DANG this past week, ut this may be a reason why GOOG goes higher than most people think here! Just something to note. We saw some other pockets in stocks like ATHN, ACTG, MIPS, ORCL, BORN, etc. over the past couple of days, but there have been quite a few, and so we can reach a point of overload here as the market breadth continues to expand. As always, we try to pick the best ones, and this week did well with ROVI, DANG, and NFLX. You can't kiss all the babies!
PPR - Google, Inc. (GOOG) an uneventful pocket pivot
|Published:||14 Jan 2011 21:13 ET|
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2018 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.