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
at

2 comments:

  1. stocktrader_1996November 19, 2014 at 3:05 PM

    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

    ReplyDelete
  2. Stocks100November 19, 2014 at 6:44 PM

    Hi Stocktrader,

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

    Saleem

    ReplyDelete