Image Source: Pixabay

About Google (GOOGL) gaining a trillion dollars in market cap this week selling the same story twice...

Think about this for a second: TPUs aren't some revolutionary breakthrough that appeared overnight. They've been around forever. What's new is the timing of who's talking about them and why.

Buffet's timing with his Google position wasn't genius. It was information.

The Setup Was Perfect

Buffet purchases his stake sometime in the last quarter. By the time we get those statements, they're largely depleted, but the timing becomes obvious in hindsight. Right as his position gets revealed, suddenly:

• Gemini 3 drops and everyone acts like it's revolutionary
• TPU stories flood the media like it's breaking news
• Meta announces they're considering Google chips
• A trillion dollars flows into Google's market cap

This isn't coincidence. This is coordination.

The Volume Tells the Real Story

Here's what really pisses me off about yesterday's rally: the option volume was dead. We did 6.3 million contracts on a day the market exploded higher. That's basically average for 2024. In November, we've been averaging 70 million on big move days.

Compare that to November 20th - the day the market reversed hard. Record-breaking volume. Real conviction. Real participants.

Yesterday? Ghost town. No size, no liquidity, no real money participating. Just narrative-driven momentum with institutions already positioned ahead of the story.

When you see massive price moves on anemic volume, that's your first red flag that something's orchestrated rather than organic.

How I Know This Playbook

I've seen this coordination before because I've been in these circles. When I was at thinkorswim, one of our investors was Technology Crossover Ventures. TCV didn't just back us - they took the money from our deal and poured it into some "no name piece of crap stock called Facebook." True story, can't make this up.

TCV also owned Netflix from inception and still owns it. Here's what's wild: TCV sits on Meta's board. 

The same firm that helped orchestrate Facebook's rise is now watching Meta announce they might buy Google's TPU chips.

The house always controls the narrative because the same insider networks fund the companies that end up dominating entire sectors. This isn't conspiracy theory - this is how modern markets actually work.

The Technical Reality Check

Google has blown through every expected move calculation over the past two weeks. 

These aren't small breaches - these are massive violations of normal price behavior. 

When stocks breach expected moves this dramatically, they snap back. Hard.

The stock is trading in never-never land, completely detached from fundamental support levels. 

Google's volatility is so pumped right now that you can buy slightly out-of-the-money put spreads for reasonable prices. The key is shorter timeframes because the vol crush opportunity is massive when this narrative falls apart.

Why This Matters Beyond Google

This isn't just about one stock manipulation. This is about understanding that markets don't move on pure fundamentals anymore - they move on coordinated narrative timing.

Buffet didn't stumble into perfect timing on Google. Technology Crossover Ventures didn't accidentally fund the companies that now dominate social media and cloud computing. 

Meta didn't randomly decide to consider Google chips right as TPU stories go viral.

When you spot coordinated narrative timing like this, you've got two plays: ride the momentum until technical levels scream overbought, then position for the snap back.

This trillion-dollar gain happened too fast on too little real volume. When the narrative support breaks, the price will follow.

The Real Edge

I'm not saying Google's technology is worthless. I'm saying a trillion dollars in market cap based on repackaging existing technology with perfect media timing reeks of manipulation.

But if you understand how the game actually works, you can position yourself on the right side of the coordination instead of being the patsy funding someone else's perfectly timed exit.

Holy crap, sometimes I miss the days when markets moved on actual fundamentals instead of orchestrated storytelling. But this is the game we're playing now.

At least I know the players.

More By This Author: