Alphabet (GOOGL) is the 'Stock of the Day' at Real Money this Wednesday. The company said Larry Page is stepping down from his co-CEO position, and Sundar Pichai will be CEO of both Google and its parent company. Sometimes investors get nervous when a company's co-founder (along with Sergey Brin) steps down. Page and Brin will remain on Alphabet's board of directors, however. Let's check out the charts of GOOGL this morning to see if this something to focus on.
More from Investing
The key issue for reactive traders is to spot an intraday reversal and a poor close -- that will be the primary tip-off that further problems await.
The stock is trading above the 50-day and the 200-day moving averages.
Let's check out the charts of this healthcare stock.
This is pretty much exactly what you get when you have so much positive research.