Alphabet Inc. (NASDAQ:GOOG) executives called Trump voters ‘extremists’

Alphabet Inc. (NASDAQ:GOOG) executives called Trump voters ‘extremists’

Alphabet Inc. (NASDAQ:GOOG) executives called Trump voters ‘extremists’

Video of an internal Google meeting shows the company’s top officials talking about using AI to fight populism and “low-information voters” in the wake of Donald Trump’s victory in the 2016 US presidential election.
The 1-hour “confidential, for internal use only” video was posted by Breitbart on Wednesday. It has gained traction online, and is cited by pro-Trump commentators as yet another proof of the Silicon Valley’s bias towards conservatives.

It shows a meeting of the company’s executives with rattled staff members shortly after the 2016 presidential election.

“Myself as an immigrant and a refugee, I certainly find this election deeply offensive and I know many of you do too,” Google’s co-founder Sergey Brin says in the opening minutes of the video, before admitting that “many people apparently don’t share the values that we have.”

Overall, the bias in prices is: Downwards.

The projected upper bound is: 1,207.82.

The projected lower bound is: 1,119.24.

The projected closing price is: 1,163.53.

Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 21 white candles and 29 black candles for a net of 8 black candles.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 34.3078. This is not an overbought or oversold reading. The last signal was a buy 1 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 37.37. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 32 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -86. This is not a topping or bottoming area. The last signal was a buy 1 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 6 period(s) ago.

Rex Takasugi – TD Profile

ALPHABET INC C closed down -14.540 at 1,162.820. Volume was 9% below average (neutral) and Bollinger Bands were 2% narrower than normal.

Open High Low Close Volume___
1,172.7201,178.6101,158.3601,162.820 1,295,472

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 1,193.12 1,204.54 1,114.40
Volatility: 20 23 29
Volume: 1,526,024 1,407,190 1,644,680

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

ALPHABET INC C is currently 4.3% above its 200-period moving average and is in an downward trend. Volatility is Our volume indicators reflect moderate flows of volume out of GOOG.O (mildly bearish). Our trend forecasting oscillators are currently bearish on GOOG.O and have had this outlook for the last 14 periods. The security price has set a new 14-period low while our momentum oscillator has not. This is a bullish divergence.

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