Salesforce, Inc. (CRM)

159.47
3.90 2.50
NYSE
Prev Close 155.60
Open 158.74
Day Low/High 154.55 / 160.73
52 Wk Low/High 154.64 / 311.75
Volume 9.05M
Exchange NYSE
Shares Outstanding 993.92B
Market Cap 156.37B
P/E Ratio 59.26
Div & Yield N.A. (N.A)

Latest News

Some Possible Negative Tells That I See

* Outside day to the downside in the Russell Index. * Uninspiring breadth relative to the near 60 handle rise (at the top) in the S&P Index. * Blackstone was +$6/share on big earnings beat, now -$2/share. * Sharp intraday reversal in growthy tech na...

Kass: Why I Remain More Concerned About Return OF Capital Than Return ON Capital

Kass: Why I Remain More Concerned About Return OF Capital Than Return ON Capital

TINA (there is no alternative) is dateless, but her popular cousin CITA (cash is the alternative) is enjoying the prom.

Why I Remain More Concerned About Return of Capital Than Return on Capital - Modifying This Won't Be a Permanent Condition

* TINA ("there is no alternative") is dateless - but her popular cousin CITA ("cash is the alternative") is enjoying the prom * However, investing is about looking forward and not backwards. * Some factors are beginning to suggest that a tradable ra...

Wither Twitter?

* Here are my two highest probability scenarios...  If you asked me what is the most probable outcome of the Twitter proposal by Elon Musk, I would say the Board rejects the bid and Musk sticks with his position.  If you asked what is the second mos...

It Is the Bull's Game to Lose

It Is the Bull's Game to Lose

The market bounce has been strong and persistent enough to provide some comfort that the lows will hold,

Ukraine War, Hypersonic Weapons, Markets, Week Ahead, Fed, Trading Salesforce

Ukraine War, Hypersonic Weapons, Markets, Week Ahead, Fed, Trading Salesforce

There should be no national priority greater than developing both defensive and offensive hypersonic technology.

That's a Wrap

What a day! What a week! The Fed got the ball rolling on interest rates; talks of peace between Russia and Ukraine now appear to be fleeting; and the presidents of the U.S. and China shared words. Hard to say what kind of words, or really how they w...

Salesforce at Pivot

  Readers will see that Salesforce has taken back the 50 day SMA after losing that line in late November. CRM now approaches a $217 pivot coming off of a double bottom reversal. Should the stock take and hold pivot, my price target would be $260, wi...

What's to Like This Morning?

I heard a lot about a new bull market leg this morning in the business media.  Not for me:  * Market breadth so so and weakening. * Russell (a new short yesterday) is not crowing. * s turn negative. * As I mentioned yesterday/this morning - , , , , ...

Market Music, Maestro Powell, Algo Reading, Crude Wildcard, Trading Ford

Market Music, Maestro Powell, Algo Reading, Crude Wildcard, Trading Ford

Where a human trader might see a war in Europe that could expand and hurt sentiment, algos don't experience sentiment.

A Bear Market Rally?

Price has a way of changing sentiment (h/t The Divine Ms. M.) and, in watching the business media, many (who were absent on Tuesday) are miraculously bullish (likely in response to today's strong spike).   Me, I am sticking with my calculus (the mar...

Salesforce Is a Tricky Name in a Tricky Market: Here's How to Trade It

Salesforce Is a Tricky Name in a Tricky Market: Here's How to Trade It

CRM reports Q4 results, and there appears to be no corporate doubt about the firm's ability to grow sales in this environment.

Salesforce May Make a Tradable Bounce, but It Could Use Some Basing Action

Salesforce May Make a Tradable Bounce, but It Could Use Some Basing Action

Nimble traders could play the bounce in the cloud giant's stock if they desire, but investors should remain patient.

We're Looking at a Stagflationary Quagmire

We're Looking at a Stagflationary Quagmire

The tried-and-true method to stop runaway inflation is to attack the demand side.

Executed Prices

* And full disclosures  For those that are counting here are the average prices of my executed orders:  Long Buys * $21.86 * $18.02  Long Sales * $233.12 * $23.74 * $45912 * $47.02 * $3110 Short Sales * $98.06 * March $440 calls $22.91 * SPY March $...

Housekeeping Item

I am selling my long in the premarket.  I will be out by the regular trading session.

It's Ugly Out There, but I've Got Good News

It's Ugly Out There, but I've Got Good News

With the weakness in big caps progressing, there is some light at the end of the tunnel.

Cash Is King (Part Trois)

Despite the strong rally from the Monday lows, I continue to proceed with caution in this market for the reasons discussed in my Diary: * It's Different This Time * Here Are Some of My Stronger Convictions, the most important of which is "A new regi...

I'm Not Sold on Salesforce.com Stock

I'm Not Sold on Salesforce.com Stock

CRM continues to sink lower, according to the charts.

Where to Invest Now? I'm Focused on 4 Core 'Baskets' of Stocks

Where to Invest Now? I'm Focused on 4 Core 'Baskets' of Stocks

There are other areas to trade as well, but know what you are trying to accomplish.

Shots Heard Around The Street, Fed Minutes, What Now? Yields, Rules of the Game

Shots Heard Around The Street, Fed Minutes, What Now? Yields, Rules of the Game

The market may be preparing itself for a much tougher environment that if not met with the necessary level of finesse, could be somewhat lengthy.

About the Salesforce Downgrade

The Salesforce downgrade is important because it underscores the general pull forward concerns that I have which, in part, form the basis for my expectations of slower than expected domestic economic growth.

Markets, Data Dump, Student Loans, TikTok, Merck, Trading Salesforce

Markets, Data Dump, Student Loans, TikTok, Merck, Trading Salesforce

Friday might be a market holiday, but it became obvious on Wednesday that trading volumes had started to truly dwindle.

The Investor Who Wants to Do Well, and Good, 'OWNS' These ETFs

The Investor Who Wants to Do Well, and Good, 'OWNS' These ETFs

Let's examine several exchange-traded funds that help you invest to 'make an impact.'

Has the Correction in Salesforce Run Its Course?

Has the Correction in Salesforce Run Its Course?

Let's see how things develop.

Omicron Threat, Slowing Economic Activity, Week Ahead, 4 Trading Thoughts

Omicron Threat, Slowing Economic Activity, Week Ahead, 4 Trading Thoughts

Bear in mind that as Omicron threatens to, and will to some degree, slow economic activity, the real catalyst will be the political and policy response.

When Insiders Bail on a Stock, Take Notice

When Insiders Bail on a Stock, Take Notice

Let's see how corporate insiders know best what their shares are worth -- and how investors can learn from their moves.

A Little This, a Little That

Looking at the top five in the DJIA: * American Express breaches its 20-day moving average ($174.93) * Salesforce back to the mid-$260s after a big spill * Intel is gapping above its 50-day moving average ($51.13) after the announcement of its plan ...