Wednesday, November 19, 2014

Indices down .12% to .54%..

Indices turned mixed after Fed minutes were released, Fed was concerned about sub 2% inflation and debated scenario for rate increase. Market is took these as positive initially but has reversed since.

S&P 500 @ 2046.53, low 2040.37, high 2052.14

Internals are negative by almost 2 to 1

Oil UP 36 cents

Gold Down $10.00

Canadian $ Down 28 tick @ 86.78

VIX UP 1.30% @ 14.04

Portfolio AKS BBRY EGO LULU MU NXPI

Most stocks are down

@ 2.19 following are green :

LULU MU LEN TSL LNKD GOOGL WUBA
RVBD COH KOG JKS AMZN DNKN
CMG MA V YNDX HIMX CIEN
JDSU M SBUX MCD CCJ
TRLA Z TRIP......

BLOG does NOT give buy or sell.

Saleem

2 comments:

stocktrader_1996 said...

Hey Saleem,

I've been listening to the CRM conference call and I'm encouraged by their multiple levers still to pull for even more growth. They reported a nice current quarter and forward guidance seems conservative based on a their new initiatives in Analytics and still-very fast growing cloud products like Service. I would not be surprised to see this $2.50+ drop reverse by tomorrow.

Stocktrader

Stocks100 said...

Hi Stocktrader,

For some reason CRM has been lagging in price action for a long time, Cramer likes it though....

Saleem