Alphabet & Microsoft Kickoff the Party

$GOOGL $MSFT

Two big earnings calls after market close today, and if you’re playing for a year-end rally, you probably want/need at least a neutral reaction to these reports, and hopefully something more constructive.

The only positions and trades I’ve had in GOOGL 0.00%↑ this year have been LEAPS centered around that psychological $100 price (also a 50% fib level from covid low to peak). I’m letting those ride and will evaluate the post report movement.

The MSFT 0.00%↑ chart doesn’t look much different, and while I have no positions, I’ll be watching similarly.