Google Breakup On The Table, Nvidia AI Summit Moves The Stock But Resistance Ahead – Apple (NASDAQ:AAPL)

To gain an edge, this is what you need to know today.

Google Breakup?

Please click here for an enlarged chart of Alphabet Inc Class C GOOG.

Note the following:

  • This article is about the big picture, not an individual stock. The chart of GOOG stock is being used to illustrate the point.
  • One of the concerns about big tech is that big tech has profited from monopolistic practices, and as such, the government will move against big tech. So far, these concerns have been limited to smart money. The momo crowd has been oblivious and aggressively buying big tech, running the stocks up higher and higher.  The reason is that the momo crowd does not do much analysis. The momo crowd is driven by momentum and hopium.
  • The news…

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