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


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5 comments:

  1. stocktrader_1996October 5, 2016 at 11:35 AM

    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

    ReplyDelete
  2. stocktrader_1996October 5, 2016 at 11:38 AM

    Hi Saleem,

    Wow...and just like that it spikes.

    Stocktrader

    ReplyDelete
  3. Stocks100October 5, 2016 at 12:02 PM


    Hi Stocktrader,

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

    Saleem

    ReplyDelete
  4. stocktrader_1996October 5, 2016 at 12:10 PM

    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

    ReplyDelete
  5. Stocks100October 5, 2016 at 12:13 PM


    Hi Stocktrader,

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

    Saleem

    ReplyDelete