CRM
Salesforce, Inc.
stock NYSE

I trade APPL AMD AMZN AVGO BAC C CSCO CRM CVX GOOG HD IBM JNJ JPM KO MCD MSFT MU NFLX NLY NVDA PFE PG PNC TXM VZ WMT I own at least one share of each so as to be able to track them properly and as an investor. I've got others I don't trade options on for the most part as the return is to little, I own them for the dividend which is where my income comes from for the most part. I use the money I get from trading to buy more stocks. I don't use delta to find my trades I use percentages which in many ways is close to the same thing. I track Theta, Delta, and IV along with reporting dates, ex-dividend date and a myriad of other data although I don't pay attention to all of it but it's there if I should need it. I usually hand in until expiration as I've cut back on my trading I don't need the excess maintenance as much anymore I have more trading room than I can use. Also I got burned a few times over the years skating to close to the edge so I've gotten a bit more cautious in my old age. LOL

Amgen chose to go with Veeva's Vault CRM over Salesforce's Life Sciences Cloud option when Veeva and Salesforce end their partnership in 2030.

Lot of future growth that will not happen is priced in. But it might not fall that much, I would short it but only if it reached $7 trillion MC, otherwise it's too risky. On the other hand companies that are overvalued af like AMD and AVGO will continue falling down long term. Basically all tech stocks are overvalued af rn, perhaps except for Google, Reddit, Adobe, CRM and Meta, those ones might still be a good long term (tech stocks) investments (Microsoft and Amazon too but a bit riskier)

FIG, ESTC, ADBE, MDB, CRM, CRWD

NBIS, MSFT, CRM, UNH

Pretty funny to look at how insanely over-exposed I was in MSFT and CRM earlier this year… if I didn’t sell those at break even I could’ve almost retired at this point (instead I sold and bought other stuff at the top)

Regarding CRM, Dreamforce is also this week; their annual business conference.

CRM, ADBE, NOW, etc..
The AI ceos announce a desire to slowdown but AI is still in progress so how does this kill the bear narrative, if this even is the cause? Or just coincidence and the bear narrative has already been disproven?

$NOW $CRM $ADBE

[NOW](https://www.onvista.de/aktien/SERVICENOW-INC-Aktie-US81762P1021) - ServiceNow 📃@120,20€(+5,53% 🚀)
[CRM](https://www.onvista.de/aktien/SALESFORCE-INC-Aktie-US79466L3024) - Salesforce 📃@222,40€(+4,34% 🍗)
[ADBE](https://www.onvista.de/aktien/Adobe-Systems-Aktie-US00724F1012) - Adobe 📃@223,80€(+3,44% 🍗)

Why are CRM, NOW, WDAY up ? Any news on SaaS

Look at ADBE and CRM right now. They’re about to rip

Saas is up pre market. CRM, ADBE, FIG

Of a 2.5m portfolio, ~9% in individual stocks. The remainder is ETFs.
Schw, SSNC, seic, axp, fds, lvmuy, CRM, MCO...

Because there is a presumption that AI advancement will disrupt SAAS plays. This thesis has been broken somewhat by SNOW, CRM, and MDB, but....the usually when AI plays are up, SAAS is down or muted. Both industries run counter to each other.

I think it is time to highly consider hedging if you haven't by buying SAAS names and other AI headwind plays. I think some money is going to flow hard Monday into NOW, CRM, WDAY, etc. The bigger question is how Dario's commments might affect stocks like RDDT and cybersecurity stocks. What do you guys think? I am personally sitting out this next week with interest rate decision, oil prices, and now the AI slow down scale.

Individual stocks are all over the place these days. The indexes are near all time highs. Some stocks are doing really well. Others are doing really bad. Some are sideways chop. I want to own the ones that are doing really well. That's two problems to deal with. How to find them. How to avoid a crash that could happen tomorrow or next year - how not to lose money.
"find stocks that have stayed above their 20 day moving average for the last 20 days" [https://marketsignalintelligence.com/screeners-and-alerts/screeners/create](https://marketsignalintelligence.com/screeners-and-alerts/screeners/create)
https://preview.redd.it/c6ptzsspaaph1.png?width=895&format=png&auto=webp&s=c36aefc61030296698e649cec1d38d8f34ff1071
I recognize all the oil tickers and own some of them. I already know what they are doing. Lets try CRM.
https://preview.redd.it/tanl5hbocaph1.jpg?width=1584&format=pjpg&auto=webp&s=e89eb12258900c28e9d2433f665b7d2c8ef0cb9e
CRM is poor quality price action for me. It looks like it could drop 20% very quickly. If I could have caught it at a good time it might be ok. But I can't go back in the past and do it. "Backtesting can not predict the future"
I look for one with a steady uptrend. PSX If I can catch the little dips near the 10 day moving average that can work. If I miss those the breakout is an easy spot to buy. The breakout shows strength and it's also a nice tight stop. I never go big on the first trade. I start small and as it keeps working I add to it. If it doesn't work then it's a small lose no big deal. Compounding the winners and cutting the losers quickly.
https://preview.redd.it/cduawj7ogaph1.jpg?width=1589&format=pjpg&auto=webp&s=55133f2db544ce21f4c9a2e160f5eb878aa322a7
There are many ways to do this. This chart marks the significant levels. Try to use those as decision points. Different stocks will have different character. Buy the ones that are going up, breaking out to the top side of your lines whatever your lines are. Try to use upward sloping lines. Do not use downward sloping lines, that's for shorts.
https://preview.redd.it/uczumomrhaph1.jpg?width=1587&format=pjpg&auto=webp&s=e5b8d2b3c2ea14d1f7b7f4692076a0f1023b35bf
Here's one for next week, IQV. It's simple. Either breakout above the old high or breakout above the green line. Aug 11 had a little fake breakout above the green line. The breakout above the old high worked. Nothing is perfect. That's why I start small. I won't be trying this one, just an example.
https://preview.redd.it/ekr7th13kaph1.png?width=1588&format=png&auto=webp&s=af50a3b5ae9122ce86b7710196725ca5cda5f624