This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Google Wants to Follow You Around the Mall

NEW YORK (TheStreet) -- Innovation has been the name of the game for Google (GOOGL - Get Report) and a report in the Wall Street Journal shows how the Internet services giant is trying to help brick-and-mortar stores at the mall interact with on-line searches and purchases.

Google wants to use technological enhancements in on-line advertising to analyze your shopping experiences on the Web to extend your product purchases at the mall.

The question today is whether or not this development can help Google shares recover from its popping of its price bubble? On March 28 in, Pop! Goes the Momentum Bubble I warned that the momentum bubble was starting to pop. Goggle was one of eight stocks profiled in this post.

The daily chart for Google ($537.76 at Friday's close) shows that the stock set its split-adjusted all-time intraday high at $615.04 on Feb. 26 with stock below its 21-day and 50-day simple moving averages now at $568.78 and $585.87 since March 24 and is above its 200-day SMA at $513.10, which is the short-term 'reversion to the mean'.

Notice that the stock has been above its 200-day SMA since July 24, 2012 and this moving average provided a buying opportunity at $320 on Nov. 16, 2012. The stock nearly tested its 200-day SMA on Oct. 9, 2013.

Courtesy of MetaStock Xenith

Must Read: Retail Report Bolsters Case for a Big Spring

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GOOGL $706.89 0.00%
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs