1) $WSM Morgan Stanley out with a PT CUT to $49 from $55 (52.52)
Stock Gapping down -$2 I like to grab a few long here at $50.50 with room to add on any pull at the open towards $49 then look for short covering to $51.50-$52 then fade it if this pops at open sell into it then look to short for an all day fader on it
2) $ZAYO Craig Hallum out with a $45 PT I hate Craig Hallum BUT $45 wow (27.43)
Stock Gapping up +$1 would nibble a few long here at $28.35 area room to add on the gap fill pullback then slow move towards $30-$31 today on this call.
3) $SYF Earning Beat IMPRESSIVE NUMBERS (26.55)
Stock Gapping up +$3.50 I like this to pop more at the open possibly see $30.50-$31.50 on it then top it off then look for some profit taking to $28.50 and under then bottom curl then slow move back to highs, this imo will not fully gap fill so just get what you can when it starts to sell off
4) $FNGU Bank of Montreal gaping up not seeing news on it (32.82)
Stock Gapping up +$4 would lean into it some short at $36 area room to add on any pop at the open then look for a gap fill sell off to at least $33.50 then look for slow move back to highs
5) ******$ATRA Mizhuo out with a BUY rating and $62PT (35.44) *SWING IDEA
Stock Gapping none this will pop at open through $37-$38 then short it and gap fill it to $36 and under watch for bottom curl on it then slow long for all day move to the upside, if this pulls at $35 area anything $35 imo is a BUYING opportunity
6) $SQ Gaping up on Market up (67.85)
Stock Gapping +$2 I like to see small pop at the open through $70.50+ then short it and gap fill it back down to $68.25 and under bottom curl and as long as the market hold this should start to head towards $72-$73 Remember 10 days ago this was $55 WOW!!!!
7) *******$TWLO Positive Gaming News so stock is up (99.52)
Stock Gapping up +$2 would nibble a few LONG here at $101 room to $100 at the open when it pulls then look for slow move towards $105-$107 this should rebound nice today
8) $UTX Earnings Beat (111.06)
Stock Gapping up +$5 I like to see a little more pop at the open towards $118-$120 then look for a decent profit taking pullback to $112.50-$113 or under then look for bottom curl then slow move back to highs should be fun
9) $NFLX Gaping up after yesterday’s sell-off (325.16)
Stock Gapping up +$4 like to see small pop at the open towards $330+ then lean into it short gap fill it back down to $326.50 and then look for slow long back to highs, as long as the market hold this should slow move back to high
10) $TSLA BIG Price Target cut and downgrade from RBC to $245 (298.92)
Stock Gapping down -$6 I would nibble some LONG here at $293 area give it some room to $291 area to add, looking for a small gap fill pop at the open towards $296+ then scale in short on the topping then look for a nice all day fader towards $285 and under on it
____________________________________________________________________________
Notable Calls:
$ARAY Earnings Beat (3.97) Small Cap Stock look for small pop at the open towards $4.75-$5 area then watch for topping on it then slow fade back to $4.10 and under if this yanks right at the open look for bottom curl off the bottom then look to go long on it
$DELL Citi ups the PT to $55 with a BUY rating (44.06) Gaping up +$1.50 I like this call, look for the pop at open towards $46+ then lean into it short and gap fill it back to $44.50 and under then look for bottom curl on it then look to go long on it for an all day slow move to the upside
$RARE Suntrust Raised to $71 PT from $54 (51.15) Look for the stock to pop at the open through $52.50+ then watch for the pullback to $51 area anything below $50 would be a buying opportunity for a nice swing idea stock should head towards $55-$57+ on this upgrade
