1) $ELAB Former runner took some LONG at $3.48 when I Tweeted, Nice PR on WW Licensing Agreement (1.71)
Stock Gapping UP +2.29 IMO at this point like to see $4.10 at the open for a quick .75-1.25 pt push to the upside then watch for topping if this small pops at the open then snaps $3.25 and lower lows set in then look for nice slow fader gap fill back to $2-$2.25 and under then be done with it.
2) $HMST Merger agreement with First Sun Capital (10.77)
Stock Gapping UP +3.00 IMO do not long unless pop at the open to $14.35 then look for slow 1-2 pt push to the upside then watch for topping if this snaps $13 at the open then look for slow 1-1.5 pt slow fader on some gap fill profit taking then be done with the trade.
3) $TGT Tier 1 Upgrade to $165 from $140 Very Nice (140.91)
Stock Gapping UP +1.85 IMO do not long unless pop at the open to $142.75 then look for nice 1-3 pt push to the upside or tad more then watch for topping, if this snaps $142.20 look for quick gap fill short to $141-$141.25 then scale in LONG for a solid all day slow move to the upside for 2-4 pt or more.
4) $AMD Multiple PT upgrades Barclay’s $200 KeyBanc $195 and few more (146.56)
Stock Gapping UP +3.50 IMO do not long unless pop at the open to $151 then look for quick 2-3 pt push to the upside then watch for topping if this snaps $148.50 at the open then look for nice 1-2 pt sell off or tad more then look for solid bottom curl bounce slow move to the upside.
5) $BA Getting gutted today on MORE grounding of the 737 plus delay on China Order (217.70)
Stock Gapping DOWN -6.50 IMO do not long unless pop at the open to $213 then look for quick 2-3 pt push to the upside then watch for topping if this snaps $210 at the open then look for nice 2-4 pt sell off or tad more then look for nice bottom curl bounce slow move to the upside.
6) $AAPL News that $AAPL is discounting iPhones in China on Weak demand (185.92)
Stock Gapping DOWN -4.00 IMO do not long unless pop at the open to $182.75 then look for quick 1-2 pt push to the upside then watch for topping if this snaps $181.25 at the open then look for nice 1-3 pt sell off or tad more at the open then look for nice bottom curl bounce slow move to the upside.
7) $GS Earnings Mixed especially noted on the Conference Call (377.75)
Stock Gapping DOWN -1.00 IMO do not long unless pop at the open to $378.50 then look for nice 3-5 pt push to the upside then watch for topping if this snaps $372 at the open then look for nice 3-5 pt sell off or tad more then look for nice bottom curl bounce slow move to the upside.
8) $WDC Tier 4 Firm puts $65 PT on the stock for $45 (50.00) Typically on upgrades on this stock it dumps, gap fills then long
Stock Gapping UP +1.50 IMO if you take some long here at $51.50 area room to add on the pullback, I feel the stock will end up at $53-$54+ today, if you simply wish to wait to gap fill it back to $50.50 and under then scale in long then you will simply have a better average on it, Its up to you how you wish to play this long today.
9) $NVDA another day of fun (547.10) Tier 3 firm puts a $740 PT on the stock
Stock Gapping UP +1.50 IMO do not long unless pop at the open to $551 then look for nice 3-5 pt push to the upside then watch for topping if this snaps $546 at the open then look for nice 3-5 pt sell off or tad more then look for nice bottom curl bounce slow grind to the upside.
10) $TSLA Another day of fun (218.89)
Stock Gapping DOWN -4.00 IMO do not long unless pop at the open to $216.50 then look for quick 2-3 pt push to the upside or tad more then watch for topping if this snaps $214 at the open then look for nice 2-4 pt sell off or tad more then look for nice bottom curl bounce slow move to the upside.
Extra Calls
$COIN another day of fun (130.78)
Stock Gapping DOWN -1.50 IMO do not long unless pop at the open to $131 then look for nice 2-3 pt push to the upside then watch for topping if this snaps $128 at the open then look for nice 2-3 pt sell off or tad more then look for nice bottom curl bounce slow move to the upside.
$MSTR another day of fun (485.53)
Stock Gapping DOWN -8.00 IMO do not long unless pop at the open to $484 then look for nice 5-7 pt push to the upside or tad more then watch for topping if this snaps $475 at the open then look for nice 5-8 pt sell off or tad MORE then look for nice bottom curl bounce slow grind, If we start to see $450 and under this may get ugly down.
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