Thursday, August 30, 2018 8:07 AM EDT
Weekly Charts Updated
Each week we highlight charts below of the SP500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG,LQD and recently GLD. The charts use the 50 day moving average slope indicator. When it is green we like the instrument we are tracking and when it is red we avoid the name/sector/asset class.< More...
U.S. futures: S&P -5.25, Dow Jones -74, NDX -14.75 and Russell 2000 -3.20 with fair values flat to lower. Asia and Europe lower More...
Today's Superstock Investor Stock Scorecard:
salesforce.com, inc. (CRM)
Salesforce (CRM) beat earnings estimates last night by $0.13 but gave mixed guidance and the stock is lower by -3%. We have updated our scorecard and the price target, upper bound and lower bound are correct but we need to adjust the % to the upper and lower bound. The price in the scorecard is through August 28th and the current price is $154.80. So there is still some upside to this name but there is downside risk. More...
Articles That Matter:
New Trade Deal To Include Canada?
There is the potential that Canada may join the U.S. and Mexico to revise the NAFTA agreement. If there is agreement, then stock will likely rally further. However, if Canada walks away then that is a big negative. More...