TheTechnicalRoom
Long

Can Google Surpass the SP500

NASDAQ:GOOG   Alphabet Inc (Google) Class C
96 0 0
This chart was drawn for @howardlindzon little competition to see who can guess when $goog             will cross the $SPX             . Looking at the correlation of $goog             vs. $SPX             I find this very hard to happen. Currently they have a 96.5 % correlation and $goog             has approximately 65% of catch up to do. This year $goog             has gained 58% ytd and the SP500             has gained 29%. If everything was fair in the world we could give this spread a 2:1 ratio. Therefore my guess of the cross-over would be December 2015.
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