Wednesday, October 5, 2016

Indices UP .52% to .67%....NICE !!!!

Indices are higher & near high of the day on strong oil.

S&P 500 @ 2161.71, high 2162.88, low 2155.15

Internals are positive by 2 to 1 in NYSE & almost 3 to 1 in Nasdaq

Oil UP $1.09

Gold unchanged

Canadian $ UP 26 tick @ .6835

VIX Down 5.21% @ 12.92

In my portfolio...started a tiny position in AMD @ $7.02

Portfolio AMD CNQ CMG LULU NTNX TWLO VRX

Most stocks are UP

@ 2.19 following are red :

AMD UA KORS TSLA ZYNE NTES SINA DNKN 
EBAY YUM WB SLW AEM DATA ZG MLNX.....

BLOG does NOT give buy or sell.

Saleem


5 comments:

stocktrader_1996 said...

Hi Saleem,

I am tempted by CRM for the first time in a while. The chart looks pretty rough though, and I hate to be a hero this close to the end of the year...

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Wow...and just like that it spikes.

Stocktrader

Stocks100 said...


Hi Stocktrader,

CRM has been crushed on TWTR buying speculation.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Yes, so I wonder if it is totally discounted now with big upside if they don't "win" the TWTR bid. My fear of CRM has been that I think its organic growth is slowing and that only by acquisitions does it maintain its growth rate, which becomes a big problem when that doesn't work anymore.

Stocktrader

Stocks100 said...


Hi Stocktrader,

I think CRM believes, they can leverage TWTR for their business growth.....

Saleem