201601.26
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GOOG Forecast 1/26/16

 

Alphabet, the company formerly known as Google (NASDAQ:GOOG) is a “hedge fund hotel” which is starting to enter a bear market. Having used the uptrend in 2015 to “save” under-performing funds, now managers are likely to de-leverage and start to diversify out of these shares.

While not a primary risk for us as there is a better opportunity available this week, we wanted to make sure everybody knows that the game of musical chairs seems to be over for “GOOG”.