1) $MBOT another day of craziness on the stock (9.08) PURE SHORT SQUEEZE
Stock Gapping up +$1.50 like to see this pop at open to $12-$13.50+ area on a short squeeze then dump it hard to $9.50-$10 then we will see if it has another leg on it, be careful this can squeeze to $18-$20 if this really gets going so keep your size 1/4 or under on it
2) $TBLT launches sales with Menards Home Improvement Chain (1.25)
Stock Gapping up +2 Like to see this run towards $4.50-$5 before topping off, volume it thick and can run a little more, but in the end this should pop then slow all day fader with an offering to follow.
3) $MERC To join S&P 600 (11.73)
Stock Gapping up +$1.50 should pop a little more at the open towards $14 area then top it off then look for gap fill sell off to $12.50 and under then bottom curl it, if this pulls to $12-$12.50 at the open would be a buyer on it
4) $EFII Earnings Disaster (27.18) Tricky down here so be careful
Stock Gapping down -$7 I like to see a pop at open on short covering to $22-$23 then top it off then slow all day fader on it, if this pulls at open to $18 I would be a buyer on the long for short covering squeeze. Nibbled some long at $20.14
5) *****$TDC Morgan Stanley out with a BUY rating $55PT from $42 (41.72)
Stock Gapping up +$1.50 like to see small pop at open towards $44-$45+ then lean into it short and gap fill it to $42.50 and under then bottom curl then go long on it, if this pulls at the open to $42.50 and under I am a BUYER on the stock
6) $JWN Earnings Miss (47.26)
Stock Gapping down -$4 would nibble LONG at $43 let it pop at open to $45.50-$46.50 top it off then slow fader all day long, if this pulls at open to $42 and under I am a buyer, $JWN tends to stay in range regardless of the miss or beat always a spec play to be bought out
7) $ATHM Overnighted a few like to see this get above $70-$71 like yesterday (68.04)
Stock Gapping up .20 like to see this pop and move at the open like yesterday and gap fill some to $70-$71+ then watch for topping again, if this sells off at the open to $66 area will add to my position for a LONG bounce on it
8) $UAL Earnings Beat (81.20)
Stock Gapping up +5 This should squeeze right at the open through $87-$88 then watch for topping on it then sell off to $83-$84 and under, UAL tends to squeeze when it gaps up so be weary of that pop out of the gate, if it pulls at all it will be a nice long
9) *****$TTWO Gabelli out with Top Pick with $136PT (106.49)
Stock Gapping up +$1 like to see this pop at the open to $108-$110 area then top off then Short it and gap fill it to $105 and under then bottom curl on it then slow move all day to the upside
10) $NFLX More range play in it with #Earnings tomorrow (354.64)
Stock Gapping flat would nibble a few long at $354 area let it pop at open towards $357-$358 then gap fill it back down to $352 and under then bottom curl on it the slow move to the upside
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Notable Calls:
$APTX Phase 2 miss (17.83) Down -$11 Points (Risky Trade) Took a few at $6.49 added at $5.99 room to $5 looking for small bounce to $8 on short covering. If $4.50 comes I will cut it off
$PCG Being taking out of the S&P 500 (6.90) Gaping down -.75 cents I like to see this sell off today to the low 5’s then I will take a starter position on it. Let me know when you see $5.50 and under
$NTNX Morgan Stanley out with a $1PT increase to $58 (48.74) This to me is nothing more then a small pop at open SHORT gap fill to $49 and under. Filled a few at $50.30 will add on the pop out of the gate, simply looking for a gap fill pullback then bottom curl on it
