Trader Mike's Notes

These notes are here primarily to show my process and how I use the scans to find setups. This is NOT an attempt to be a stock picking service! I want people to use the site's extensive functionality to find their own setups which match their trading plans, strategies & risk tolerances.
SPLK - Splunk Inc.

Another one that's been on my personal 'Earnings Movers' watchlist that showed up on the "Top 50 Bullish" list today.

CRM - Salesforce.com Inc
CRM

This is trying to find support at a couple of obvious support areas -- its 50-day moving average and the $100 mark. It's got oversold stochastic too...

PZZA - Papa John's International, Inc.

Interesting set of signals on this today. It's looking like a dead-cat bounce to me...

SPY - SPDR S&P 500
SPY

Bearish candles on most of the major indices today. Most, like the S&P are very close to their upper Bollinger Bands, so there's certainly room for them to pull back.

URA - Global X Uranium ETF
URA

Uranium seems to have turned the corner. Some nice stair-stepping the last few weeks. It had a great setup on the 15th, with a "Calm After Storm" a "1,2,3 Pullback" and a bounce off the 50 DMA. It's average volume kept it off my radar then but I noticed it on the "Top 50 Bullish" scan last week (thanks to more of the same signals) and bought some on the 29th.