CRM up 3.2% to $192.74 — Salesforce is leading the board today.
CRM up 3.2% to $192.74 — Salesforce is leading the board today. That's your headline. Futures are green. QQQ up 1.17%. SPY up 0.61%. IWM up 1.11%. DIA barely moving at plus 0.27% — the Dow is lagging while tech carries the weight. VIX sitting at 14.9. Low fear. Gold up 2.33% — that's a hedge move…
Transcript
CRM up 3.2% to $192.74 — Salesforce is leading the board today. That's your headline.
Futures are green. QQQ up 1.17%. SPY up 0.61%. IWM up 1.11%. DIA barely moving at plus 0.27% — the Dow is lagging while tech carries the weight. VIX sitting at 14.9. Low fear. Gold up 2.33% — that's a hedge move running alongside an equity rally. Watch that divergence.
No economic calendar today. Nothing scheduled. Price action is the only story.
Earnings — PFSB and STSR reporting. Neither are market movers. Note them, move on.
Now the stocks.
CRM up 3.2% to $192.74. Salesforce at the top of the board, and momentum like that on a Saturday doesn't come from nowhere.
Tesla up 2.83% to $328.58. Sentiment is driving this one.
Oracle up 2.47% to $147.02. Quiet, consistent, cloud. The kind of move that doesn't make noise but shows up in your portfolio.
Nvidia up 2.27% to $223.96. Still running. AI names don't quit.
Intel up 1.84% to $101.65. Catching a bid. The recovery trade is still alive.
Broadcom up 1.71% to $427.76. Holding the chip rally from the infrastructure side.
AMD down 1.21% to $483.36. Only red chip on the board — and that stands out when Nvidia, Intel, and Broadcom are all moving up together. One of these is not like the others.
Exxon down 1.16% to $153.04. Energy is the pocket of red today. Oil pressure doing what oil pressure does.
The read: tech is almost entirely green, semis are split with AMD as the outlier, and energy is pulling the other direction. Gold running while equities rally is the macro signal worth sitting with — either gold fades by Monday, or it's telling you something the equity market hasn't priced yet. That's the question you take into next week.
Numbers don't lie. People do. Trade accordingly.