Blog — Market Analysis
April 29, 2019 - Alphabet Shares Hit Record High But Fall After-Hours On Weak Earnings
Google’s parent Alphabet Inc. Class A shares (NASDAQ: GOOGL) last traded at $1,202 USD after falling -$94.20 (-7.27% lower) in after-hours trading due to a lackluster earnings report released after the bell. Prior to the earnings release, shares closed the day at a record-high $1,296.20 US after rising +$18.78 US (+1.47% higher). 4-Year (weekly candle) chart of Google's parent Alphabet Inc. (GOOGL) The chart (above) shows that Alphabet Inc. shares have steadily risen since January 2015. It also shows that the stock’s technicals have already reached mostly over-bought levels:Starting from the bottom indicator, the Patyk Pattern (white line) based upon...
Dec 24, 2019 - U.S. markets staged one of their worst Christmas Eve’s ever!
This is unusual as the holiday season typically enjoys a bullish environment. Also, November to April are typically the best 6 months of the year for equities (while May to October is the worst).