1) $MRNA Stupid Stupid Headline “We could have a vaccine that could help” STUPID (20.94)
Stock Gaping up +4 Nothing more then a gap fill sell-off to $21.25 and under!!! Any pop at open again towards $23-$24 is simply stupid stupid stupid
2) $SPCE Gaping up on Nothing and no news I could find (17.30)
Stock Gaping up +$1.90 would take some short at $19 area room to $19.50-$20 pop look for this to gap fill right back to $17.50-$17.70- and under bottom curl then slow all day move to the upside.
3) $AKCA announce positive Phase 2 “Study” with hypertriglyceridemia (17.34)
Stock Gaping up +7.50 obviously the $25 short was a great play see nothing more then a sell off to $18-$18.50 and under, if this pops again at the open would love to get through $23+ top it off then slow alllllllllllllll day short to the downside towards the $18.50 and under
4) $ACMR Morgan out with $45PT and Nomura out with $70 PT (42.67)
Stock Gaping up +$3 I’m favoring more of the MS call so like to see a little more pop at the open towards $47-$48+ top it off then look to fade the stock and gap fill it back down to $43-$43.50 and under. Higher this pops out of the gate better the range to the downside on gap fill. If you take some here at $46 you have to give it room for the quick pop then look for that $45.50 pull then you get the rest
5) $IONS Gaping up on $AKCA results (60.02)
Stock Gaping up +1.87 Like to see a little small pop at the open towards $62-$63 with volume pop watch the $61.50 pull if it comes chase a few and look for a nice gap fill fade to $60.50 and under, Higher it pops at the open more the fade for us on the short side. Let is set up for you
6) $IBM Earnings Beat (139.17)
Stock Gaping up +6 Typically $IBM always always sell-off and fills there gaps I would wait for a sell off and pullback to $140-$141 then look to bottom curl it then slow move back to pre-market highs. If this pops at open to $145-$146 on short squeeze again, get in there and re-short it. Some PT upgrades but in the end $IBM always likes to sell-off on profit taking so be aware
7) $NFLX Earnings Not so great burning tons of cash FAST (338.11)
Stock Gaping down -$7 would wait do NOT long this unless stock hits $338-$340 at the open then quick push to $345-$348 top it off then slow fader all day long, if this yanks at open I’d like to see $320-$325 and under then look for shorts to come in and push a quick 5-10 points then look to fade the stock back down
8) $BA What a mess saw a downgrade to $294 BUT JPM has O/W with $370 PT (313.37)
Stock Gaping down -$5 I would prefer more sell off at the open towards $300-$303 mark then would start nibbling long, anything under $300 imo is a BUY and Hold opportunity. If this pops at open wait for the $312 pop then chase a few to quick $315 area top it off and look to fade it slow all day long
9) $SHOP Stupid stupid stupid Upgrade from ROTH to $390 PT STUPID (465.44)
Stock Gaping up +7 would like to see small pop at open to $473-$475 area top it off then look to gap fill this back down to $463-$465 or more then bottom curl then slow all day move back to pre-market highs and more, if this yanks right at the open and gap fills and pulls under it look to bottom curl it then go long on it all day slow move
10) $TSLA another upgrade this time with the idiots at Wedbush (547.20)
Stock Gaping up +32 Like Janni short idea at $578-$579 area look for the stock to gap fill back down to $555-560- area and under bottom curl then slow all day move back to pre-market highs if we get lucky and this pops again watch the $580-$590 spot of topping then look for a nice 20 point gap fill sell off on profit taking.
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Notable Calls:
$BYND (129.18) Gaping down -$5 DO NOT LONG this unless you get a $130 pop at the open then look for quick push to $135-$137+ area then look for the gap fill sell off back down to $120-$123 and under then bottom curl it then quick push 4-5 points or more, the more this dumps the better the range for us to the upside
$TTD My favorite play as always (280.02) Gaping up +4 like to see push at open back to $288-$290 then look for a nice gap fill pullback to $278-$280+ then bottom curl then slow move to the upside, if this yanks at open hard under $278 I would be a buyer on the bottom curl for 4-6 pts
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