Salesforce Earnings Report CRM After Stock Market Close

Salesforce Earnings Report CRM After Stock Market Close

Salesforce CRM Stock Chart 6.4.19 Before Earnings

Salesforce CRM Stock Chart 6.4.19 Before Earnings

Salesforce Earnings Preview: What Investors Will Be Watching

Salesforce (CRM) reports its latest earnings soon. Can the stock continue its upward climb this year?

As is often the case with Salesforce earnings, investors will likely hone in on billings as an indicator of how the company's own sales could grow over the next several quarters.

Salesforce has a history of guiding conservatively and frequently topping forecasts. In its last earnings report, it guided for revenue of $3.67 billion to $3.68 billion.

thestreet.com/salesforce-earnings-preview

Salesforce earnings: Software outage and resulting rebates could hit outlook

Salesforce.com Inc.’s outlook will be closely watched when it reports results from a seasonally weak quarter on Tuesday, with a large service outage expected to trim some of the results from the current period.

is expected to show it powered through one of its seasonally weaker quarters with solid results when it reports earnings but analysts say the customer relationship management software company will have to address its outlook and a large service outage that occurred recently.

marketwatch.com/salesforce-earnings-6-4-19

SPY ETF Chart 6.4.19

Today's Game Plan:

The SPY ETF has closed below the open price for seven consecutive days. Overdue for a relief bounce.

Obviously the 200 sma comes in as significant, this time as resistance. I'm looking for alight volume bounce the next 2 days into the $277-278 area and a bearish U-turn to sell short.

Looking to be long a few stocks with bullish order flow for cash flow trades. Do not go long weak stocks. Look for a new a spot to short them.


Apple dissolves iTunes into new apps

Apple has announced that iTunes is to be replaced by Apple Music, Apple Podcasts and Apple TV. There had been speculation that the tech giant was planning to shutter the music service it launched in 2001.

The firm also revealed a number of new privacy measures at its annual developer conference in San Jose.

bbc.com/news/aapl-apple-inc

Pete Renzulli
 

Click Here to Leave a Comment Below 1 comments
Lenore Turcio - October 4, 2020

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