Salesforce (CRM) Offering Possible 31.58% Return Over the Next 10 Calendar Days

Salesforce's most recent trend suggests a bullish bias. One trading opportunity on Salesforce is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 31.58% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $155.00 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Salesforce is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Salesforce is bullish.

The RSI indicator is at 55.27 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Salesforce

salesforce.com, inc. (NYSE:CRM): What Does The Future Look Like?
Fri, 03 May 2019 11:43:57 +0000
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Looking at salesforce.com, inc.'s (NYSE:CRM) earnings update in January 2019…

Salesforce Announces Timing of its First Quarter Fiscal 2020 Results Conference Call
Thu, 02 May 2019 20:15:00 +0000
SAN FRANCISCO, May 2, 2019 /PRNewswire/ — Salesforce (CRM), the global leader in CRM, today announced that its first quarter fiscal year 2020 results will be released on Tuesday, June 4, 2019, after the close of the market.  The company will host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results with the investment community.  A live webcast of the event will be available on the Salesforce Investor Relations website at www.salesforce.com/investor.  A live dial-in is available domestically at 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764, passcode 7177678.  A replay will be available at (800) 585-8367 or (855) 859-2056 until midnight (ET) July 4, 2019. Salesforce, the global leader in CRM, empowers companies to connect with their customers in a whole new way. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM.” For more information about Salesforce, visit: www.salesforce.com.

Salesforce CEO Marc Benioff donated $30 million to end homelessness
Thu, 02 May 2019 15:32:00 +0000
Marc and Lynne Benioff’s gift is reportedly the largest-ever private donation to fund homelessness research.

Twilio Setting Records After Earnings, But Buyer Beware
Wed, 01 May 2019 13:57:39 +0000
Twilio (NYSE:TWLO) stock management reported earnings last night, and the stock has been active since then. Traders initially sold the stock down on the headline in a knee-jerk reaction but then it flipped green. This morning TWLO is holding the rally — it's up almost 5%. So clearly the news was indeed more good than bad.Source: Web Summit Via FlickrWhat makes this pop impressive is that the stock came into the earnings event already up 52% year-to-date. This is double that of the Nasdaq Invesco QQQ Trust (NASDAQ:QQQ). This differential is even more pronounced farther back in time. Twilio is up over 200% in 12 months. Compare this to the QQQ, which is up 18%. Clearly, the buyers are in charge of this stock.When a stock is at or near all-time highs, the setup for an upside reaction to earnings is difficult. So the greens today, if they hold, are a testament to the respect that Wall Street has for the stock. Now the onus is on management to continue to execute on its plans this well going forward, so that it continues to prove worthy of the trust that investors have in it.InvestorPlace – Stock Market News, Stock Advice & Trading TipsThe report card was strong. They beat expectations and guided stronger forward. Revenues grew 80% to $233 million when investors were only expecting $223 million. This is a proper result for a growth stock as the company continues to grow the top line. How to Trade TWLO StockSo is it a buy here? Not exactly. I call stocks like this too high to chase and too hot to short.This is a case where your next move totally depends on your time frame. If the intent is to own these shares for a long time, then there is no sense trying to snipe the perfect entry point — but up here at all-time highs, it's not an obvious entry point into Twilio stock.This is not a negative statement against the company's prospects, just a caution against the price action from here. Ideally, it would be better to wait for a pull back to $125 per share but the traders may not allow for it for a long while.Fundamentally, Twilio is not cheap. This is a tech stock that sells at 26 times sales. Compare that with the original cloud company, Salesforce.com (NYSE:CRM), which sells at only 10 times sales. And remember, CRM stock is not cheap either so I am not comparing TWLO to a bargain. Salesforce's trailing price-to-earnings ratio is 115, which is more than most mega-cap stocks — even Amazon (NASDAQ:AMZN).In summary, buying TWLO stock at all time highs requires a lot of faith in the future of the markets in general and in this sector. So the safer bet is to wait for a better entry point perhaps near $125 per share. Otherwise, if not already long it, it's okay to admit that the trader missed this trade.Most analysts who cover the stock rate TWLO as a buy as it trades towards the upper end of their price target ranges, so they will need to reset their targets higher or downgrade it soon enough. And that, too, could be a price driver.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 7 Stocks That Are Soaring This Earnings Season * 5 Biotech Stocks for a Long-Lived Portfolio * 10 Times Apple's Hardware Failed Consumers — And Hurt Its Business Compare Brokers The post Twilio Setting Records After Earnings, But Buyer Beware appeared first on InvestorPlace.

Aiming to move fast with deep data, Benioffs give $30 million to UCSF to study homelessness
Wed, 01 May 2019 02:44:22 +0000
The Salesforce.com cofounder and his wife — major backers of homelessness initiatives, health care and the University of California, San Francisco — made the largest-ever private donation to homelessness research.

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