Alphabet Inc (NASDAQ:GOOGL) CEO Says Googles “Biggest Risk Is Complacency”

Alphabet Inc (NASDAQ:GOOGL) CEO Says Googles “Biggest Risk Is Complacency”

Alphabet Inc (NASDAQ:GOOGL) CEO Says Googles “Biggest Risk Is Complacency”

  • Google’s “biggest risk is complacency, not innovating, not investing,” said Ruth Porat, the CFO of parent company Alphabet at Code Con on Wednesday.
  • It’s important that we “continue to evolve what the user experience is,” she added, emphasizing that technology companies need to keep coming up with new ideas to stay ahead.
  • Porat said we should expect Alphabet to buy more companies to aid their growth. “We look at acquisitions all the time,” she said, reminding the audience of how fruitful the purchases of YouTube and DoubleClick were. But “we have a high bar.”

Alphabet Inc. is a holding company. The Company’s businesses include Google Inc. (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives. The Google segment is engaged in advertising, sales of digital content, applications and cloud offerings, and sales of hardware products. The Other Bets segment is engaged in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily. It offers Google Assistant, which allows users to type or talk with Google; Google Maps, which helps users navigate to a store, and Google Photos, which helps users store and organize all of their photos.

Overall, the bias in prices is: Downwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

The projected upper bound is: 11.54.

The projected lower bound is: 10.65.

The projected closing price is: 11.10.

FORD MOTOR CO closed up 0.040 at 11.120. Volume was 7% below average (neutral) and Bollinger Bands were 46% narrower than normal.

Open      High      Low        Close       Volume
11.120    11.130    11.000    11.120    36,398,668

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

Moving Averages: 10-period        50-period       200-period
Close:                       10.95                11.25                12.05
Volatility:                21                      25                    25
Volume:                  43,280,400    44,129,664    36,527,780

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
FORD MOTOR CO is currently 7.8% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of F at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on F and have had this outlook for the last 9 periods.

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 72.0339. This is not an overbought or oversold reading. The last signal was a buy 8 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 50.77. 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 buy 31 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 107.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a buy 7 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 buy 6 period(s) ago.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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