1) $SAVA Small cap in Play today (7.93)
Stock Gaping up +.90 would not be a buyer unless pop at open over $8.80 then look for push to $9.50-$10 top it off then fade it, if small pop at the open and lower lows set in look to fade the stock back down to $8 and under. IMO should simply pop and fade being there is no news.
2) $PTLA Earnings Miss tons of downgrades (24.74)
Stock Gaping down -$10 would nibble small $14.40 area room to $13 I would like to see this op at open to $15 area then from there push to $16-$17.50 top off and all day fader back down to lows, if this snaps at open hard at $12.50-$13 scale in and bounce on short cover squeeze for 2-3 quick points. I will be playing this today.
3) $CYRX Earnings Miss (17.84) Thin
Stock Gaping up +$2.20 let this pull at open to $14-$14.50 and under then quick 1-1.5 point short cover then grind out, more this pulls at the open better the range for us to the upside for quick money.
4) $MRNA Positive Phase 1 Data (18.40)
Stock Gaping up +3.10 would like to see quick push at open to $22-$23 top it off then look to gap fill fade this back down to $19.25-$19.50 and under, the more it pops better the range for us to the downside, if this pulls at open and hits the $19 area scale in long on the bottom curl then slow all day move to the upside
5) $URBN Xmas sales down no impressive numbers for the holiday (27.69)
Stock Gaping down -$2.20 would nibble small long $25.40 area room to $24.50 pull at the open would like to see quick short cover pop to $26.50 then all day fader on it back down to lows, if this pulls right at the open watch the $24 area for bottom curl then slow move short cover for 1-1.5 points
6) $SIX Earnings Miss (43.76)
Stock Gaping down -$8 do NOT long unless you get $37 at the open then quick move to $39-$40 on short covers then all day fader on it, this will be pretty fast like $KSS yesterday shorts will come in, cover fast then look for fade on the stock, if this drops at the open $33-$34 area as bottom curl it then nice 2-3 point short covering pop on it. I will be playing this one today as soon as I see the bottom curl and big fund come in to cover
7) ***$LK #OFFERING 12 million at $42 a share (44.37)
Stock Gaping up +$5 would let this sell off to $42-$42.50 would take a starter long small 1/8 then let it pull to $41 area add a few more bottom curl it then push it for 2-3 quick points and be done with it, the more it pulls IF WE GET lucky and see $40 OMG!!! I want to bounce it for fast and quick money, I want this one. Just be patient, once it pushes and runs its ok to chase you will nail it for a few points so don’t worry.
8) $RARE Positive results Phase 1/2 STUDY (43.73) $RARE tends to gap fill quickly
Stock Gaping up +$6.25 would like to see small pop at open to $51-$52 area if it comes then short if for 2-3 quick points, if this pulls at open dips $49 and under, chase it and gap fill it to $44-$45 then bottom curl it, this is up thin so be careful let it set up
9) $SNX Earnings Beat raises div plans to separate companies (128.84)
Stock Gaping up +$12 let this rip at the open towards $142-$144 if we see that scale in short and bring it down -5-7 quick points, if this snaps at open under $139 chase a few short for quick 4-5 points, this will NOT gap fill today, The more it pops better the range for us to short it. Let this set up for you at the open
10) $WDFC Earnings Miss in-line guidance (191.81)
Stock Gaping down -$10 would take small long $181 area room to $179 look for the stock to push on short covering to $185-$187 top it off then fade it back down to lows, more this yanks at the open IF it does better the range for us to the upside, this should fill half the gap down
____________________________________________________________________________
Notable Calls:
$TSLA Gaping up +$8 (481.34) would love to gap fill this back down to $480-$482 then bottom curl it then rip it for 5-7 points, If this pops at open let it rip to $488-$490 then look to short it and gap fill it. More it yanks at the open under $480 better the range for us on the short cover squeeze
$NVDA BofA out with a raise to $300 from $275 (243.02) Gaping up +$4 would like to see this pop towards $249-$251 then top it off quick short to $245 and under then bottom curl it then slow move to the upside, if this pulls at open to $245 and under, I would scale in long for an all day slow move to the upside, this is BofA folks
