Alphabet (NASDAQ:GOOG) Price Target Raised to $195.00
JPMorgan Chase & Co. lifted their price target on shares of Alphabet from $180.00 to $195.00 and gave the company an “overweight” rating in a research note on Friday.
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Blog: Day 8 of $QQQ short term down-trend; Utilities had most ATHs (13, see list), followed by Oil&Gas (10)! Rotation away from tech and growth to energy! $QQQ is back to where it was last October, on Green Line top and 30 week average! See weekly chart.
21% of the 61 US stocks reaching an ATH on Friday were utilities! No wonder the GMI and GMI2, heavily focused on QQQ, are so weak. If many traders are suffering losses and margin calls from the former tech and growth leaders, liquidity could dry up in the rest of the market and we could…
