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1) $CLBS Gaping up pn Exclusive worldwide contract with $SHIRE (5.07)
Stock gapping up +$1.60 I would consider any pop at open towards as a SHORT and look to gap fill this back down to $1 point to $1.25 points or more to the downside. I think this just pops and fades on profit taking

2) $AMDA FDA approval on the Lumen Interbody Device (2.00)
Stock Gapping up +$1.28 on some decent volume on it, I like to see this pop at open towards $4 spot then look for decent pullback or lower lows may set in and we fade this back to $2.50- $2.70 and under then look to go long on bottom curl. I think in the end this will just pop and fade out

3) $AAOI Davidson out this morning pushing the stock with a $55PT regarding the FB deal (27.53)
Stock Gapping up almost +$1 Not a fan of the analyst but the $55 PT warrants a decent play in it for us to $29-$30 if it gets going. I like to see small pop at open to $28.50+ then look for a nice pullback on it gap fill it under $27.75 if it comes nibble a few LONG and look for a nice potential move towards $29-$30 on it.

4) $GLYC Earnings Miss (22.82) some Analyst already defending the stock
Stock Gapping down -$3.80 I like to nibble some long at $18.10 with room to add at the open look for a decent gap fill to $20+ before it tops off and sells off and fades all day. if it yands to $16.50 I would buy a few and bounce it.

5) $BZUN Earnings Beat (36.77)
Stock Gapping up +$4 I like to nibble some short here at $40.70 area with room to $42 at the open and look for a decent pullback on it to $38 and under if it comes then look to go LONG for an all day slow move to the upside towards $44-45

6) $MYL Morgan Stanley out with upgrade to OverWeight and increases PT from $39 to $50 (41.54)
Stock Gapping up +$1.60 I like to scale in a few SHORT here at $43 with room to $44 at the open look for a pullback on it to $42 and under bottom curl it then look to go LONG should be a nice play for us after the pullback and we can nail 2-3 points on it to the upside

7) $HLF Citi out with notes on PT increase from $85 to $114PT (94.27)
Stock Gapping up +$3 this morning, I would look to short this gap back down to $95 and under then consider taking a few LONG and possible slow move to the upside towards $97-$99 on this upgrade. This is Citi, hence why you have the gap up.

8) $UPS Gaping up on increased dividend (105.81)
Stock Gapping up +$2.50 I would like to see this pop at open a little more towards $109+ iF it comes then look for this to gap fill back to $106.50 and under then look to go LONg again on it and expect a nice solid move back to highs, should be a nice set up this morning on it but we need to wait for the pullback before going in heavy

9) $YY Earnings Beat (135.42) Expect tons of upgrades this morning/afternoon
Stock Gapping up +$6 I like to see small pop at open towards $142-$144 then look to gap fill this back to $137 and under on profit taking, I would consider a few here at $141 BUT I do think it will squeeze some at the open before giving back some

10) $NFLX Pivitol out with a $400 PT this morning UBS $345 last week (315.00)
Stock Gapping up +$4 I like to see small pop at open towards $320 if it comes and look for this to gap fill and pullback to $316-$317 then slow possible move to the upside towards $325 or more today. I think in the end this will pop, pull, gap fill some then head back to highs. Should be another ride today on it after $325, I would be careful expecting more.

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Notable Calls:

$OLED Gaping up +$1.50 (120.45) This should pop at open a little more then look for the solid gap fill back to $120.75 and under then nibble some long for a slow move possibly to $123+ No notable downgrades this morning but stock is setting up to rebound a little today with the strength of the market

$FATE Multiple PT after Earnings last night Most Notable BMO PT $20 but stock is gaping down -$1 (13.77) I would nibble some long here at $12.70 area and under give it some room and look for a nice slow move back to $13.75-$14.25 on it. I think this weakness gets bought up on any pullback

$GNCA (1.03) Cantor out with a $5PT I would consider taking a few around the $1.20 and under range with .20 cent risk on it, think this gets a nice slow move towards $1.75-$1.90 TOPS BUT it has to have volume on it. So watch for pop and drop then bottom curl it.

$CLSD 2 Upgrades this morning Needham at $22 and JPM at $19 think this can at least run to $11.50-$12 on these notes, would consider nibbling a few give it some room then long on it.