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How to Get Rich Investing in Stocks by Riding the Electron Wave

CRM SalesForce Tek Stock Analysis

Companies / Tech Stocks Nov 09, 2009 - 08:46 AM GMT

By: Jay_DeVincentis

Companies

Trading Approach
Identifying fundamentally stellar stocks poised technically to breakout for big profits.


Company Description
SalesForce.com (CRM) provides customer relationship management service to businesses of various sizes and industries worldwide. The company also offers a technology platform for customers and developers to build and run business applications. It provides various Software-as-a-System CRM services, which enable customers and subscribers to systematically record, store, analyze, share, and act upon business data; and helps businesses to manage customer accounts, track sales leads, evaluate marketing campaigns, and provide post-sales service. In addition, it offers consulting and implementation services; and training and certification services.

Fundamental Picture

The company has great sales growth and expanding operating margins giving it a good fundamental look.

Technical Outlook
The Salesforce.com stock is showing an uptrend based on the moving averages and id being confirmed by an up trending (higher lows) On Balance Volume line.



Trading Action Plan for the Week

Stock Entry: Buy shares of SalesForce.com (CRM) at 62.00 or better.

Option Entry: Buy the December 60 call (CDWLL) at 6.00 or better.

Profit Target Exit: 72.

Please note that we will use this price as an initial guide but we will gradually move up our trailing stop to realize as much of the breakout as possible while protecting our profits.

Stop-loss Exit: 56.60.

As the stock starts to breakout we will move the trailing stop up to protect any accrued profits.

Review of Open Positions

Review of Closed Positions

Since the inception on 9-14-09 we have 3 winners (AMZN DLTR, LINC) and 2 losers (AMGN, CX).

Who I am and What I do

Jeff Neal has been actively and successfully trading the markets since 1996. He holds an MBA in Finance from the University of Indianapolis and a bachelor's degree in Computer Science from Indiana University. Jeff is a veteran trader consistently posting profits by strategically applying options to the stock and ETF markets. As an expert risk manager Jeff combines technical analysis, fundamental analysis and options to create an optimal risk to reward profile. Jeff has been a longtime trading mentor and a prolific writer that has had many articles published. He is an author having featured articles in Futures magazine and Stocks and Commodities magazine. Over the years Jeff has interviewed many of the top traders in the business discussing the secrets of their trading success. In addition to his trading and writing experience, he also was a radio show market correspondent discussing the best stocks and options for the week. Jeff is passionate about trading the markets and as a mentor he constantly emphasizes that concentrating on risk management has been the cornerstone of his trading success.

If you have any questions or comments, email me at Jay@stockbarometer.com.

Regards,

By Jay DeVincentis


Stock Barometer Premier Membership Receive 5 Newsletters, including the Daily Stock Barometer, Stock Options Speculator, QQQQ/Rydex Trader, Market Chat & Explosive Stock Alert FOR ONE LOW PRICE.


Important Disclosure
Futures, Options, Mutual Fund, ETF and Equity trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy/sell Futures, Options, Mutual Funds or Equities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this Web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as a lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Investment Research Group and all individuals affiliated with Investment Research Group assume no responsibilities for your trading and investment results.
Investment Research Group (IRG), as a publisher of a financial newsletter of general and regular circulation, cannot tender individual investment advice. Only a registered broker or investment adviser may advise you individually on the suitability and performance of your portfolio or specific investments.
In making any investment decision, you will rely solely on your own review and examination of the fact and records relating to such investments. Past performance of our recommendations is not an indication of future performance. The publisher shall have no liability of whatever nature in respect of any claims, damages, loss, or expense arising out of or in connection with the reliance by you on the contents of our Web site, any promotion, published material, alert, or update.
For a complete understanding of the risks associated with trading, see our Risk Disclosure.

© 2009 Copyright Jay DeVincentis - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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