Googley-Eyed

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I've always had a strange relationship with Google as a stock. I place thousands upon thousands of trades every year, but an entire year can go by without me trading GOOG even once. It's obviously a wildly successful company, and the stock has been a great success for long-term holders, but I personally find the chart really boring from a swing trader perspective.

In any event, in case you missed it, GOOG briefly went into Lifetime High territory earlier today. I draw no conclusions from this. It's just an interesting little event in the world of equities. When GOOG initially pegged $747, it was far more aggressively-valued from the standpoint of fundamentals, but I daresay it's more of a "value" now, especially when compared with crap like FB.

0924-goog