Yuma Energy ($YUMA) is a very well known historic low float energy play that I took a small size on yesterday. With these names you have to give them a massive amount of room, and the only way you can do that is by staying smaller size. I was up about 2 grand yesterday on this name but wanted to patiently swing this, so here I am back near breakeven. WIll use the low of day yesterday as my stop out area, but trying to e patient for this to make a move over $7 for me which is very possible given momentum and attention to this sector.

Salesforce ($CRM) runs the world when it comes to CRM’s (Customer relationship managers) which in essense is a digital roladex… but X 1,000. The company released really strong earnings this afternoon and gave the stock a great after-hours push. However, due to technicals i’m not so bullish on this name. Note on the chart how brutal the 160-163 area has been. So many “tops” and resistance levels its insane. However, earnings winners have really been moving well as of late (Note $HD). And any significant pull back to mid $150’s I would gobble up for a dip buy to play back towards a $160 take profit. But, anything over $160 has to be viewed as a short entry, unless insane volume and momentum points otherwise.