1) $HEPA Positive results showing Strong “Potential” in a “Study”(4.98)
Stock Gaping up +2.5 Nothing to see here but a gap fill short back to $5.25 and under, the most stupidest thing I have ever seen in PR. DO not buy this garbage unless you see POP at $7 with volume then quick push to $7.50-$8 top it off and all day fader on it.
2) $SC Earnings Beat (23.18)
Stock Gaping up +$2 Think this is up way too much let it push a little more at the open past $26-$27 top it off then look for the gap fill sell off on it, if this pulls hard at the open and gap fills to $23.50 and under I would be a buyer on it then slow all day move back to pre-market highs
3) $MTSI Earnings Beat (26.27)
Stock Gaping up +3 like to see small pop at open towards $31-$33 then look for topping on it then look for 2-4 point gap fill sell off on profit taking then bottom curl it then slow all day move back to highs, if this yanks and gap fills to $27-$27.50 and under I would be a buyer on it bottom curl then back to pre-market highs and more
4) $EBAY Earnings Miss (36.21) Note $EBAY likes to fill there gaps at least half way
Stock Gaping down -$2.50 Like to see move off $34.20 to $35.20-$35.75+ at the open then look for a nice top off and slow fader on it, if this snaps at open and drops like a hammer watch the $33.50-$34 area as bottom and fresh buyers will come in, This happens every time with $EBAY but in the end the stock never sells off so be aware of that
5) $CHRW Earnings Mixed Buys Prime Distribution for 225 mil in loans/cash (77.88)
Stock Gaping down -$6 would like to see this get through $72 at the open then quick push to $75-$77 top it off then slow fader back to pre-market lows, if this yanks hard at open watch the $68-$70 area would be a buyer on the bottom curl, this distribution only enhances the companies bottom line so it should be fun
6) $XLNX Earnings Mixed (98.61) Baird says to Buy the weakness BofA puts $90PT
Stock Gaping down -$8 would go LONG at the $90 as I said when I got in the room, like to see gap fill to $93-$95+ area top it off then slow all day fader on it back down to pre-market lows If this snaps at open again to $88-$90 area nibble long off the bottom curl then look for short cover squeeze back to $93-$95 on it
7) $BYND Expanding testing into KFC (YUM) (120.12)
Stock Gaping down this morning in Pre-Market now gaping up +4 like to see small pop at open towards $126-$128 then look for a nice short and bring it down to $118-$120 and under then bottom curl it then slow all day move back to pre-market highs and more. Love to see $130 today on it once it pops, pulls back then bottom curl it once it runs should be fun.
8) $ANTM Earnings Miss in line guidance (290.32)
Stock Gaping down -$12 would nibble very small long $279 area room to $277 at the open looking for the stock to get through $280+ then push to $285-$287 then sell off rest of the day, the more this snaps imo if it does to $275 and under I would be a buyer on the short cover squeeze for 4-6 quick points. Should be fun today
9) $BA Earnings Mixed CCall pushing the stock (316.56)
Stock Gaping up +12 Beauty, I would like to see short squeeze a little more at the open towards $330-$332 if it comes then look for a nice 6-8 point profit taking pullback then bottom curl it then slow all day move to the upside, if this snaps at open watch $312-$315 area as bottom then look for bottom curl slow all day move to the upside.
10) $TSLA Will be in play today into Earnings tonight (566.90)
Stock Gaping up +8 like to see small pop at the open towards $578-$580 spot then look for gap fill sell off on it to $563-$565 area then bottom curl it then slow all day move to the upside. More it pulls at the open better the range for us to the upside into earnings
____________________________________________________________________________
Notable Calls:
$SHOP Gaping up on Market up (467.66) Gaping up +4 like to see push at open to $474-$476+ area top it off then look to gap fill this back down to $468-$470 area and under bottom curl then slow all day move towards $485-$490 on it
$TTD Gaping up on Market up (281.79) Gaping up +$3 would like to see small pop at the open towards $286-$288 area top it off then gap fill sell off to $280-$282 and under bottom curl it then slow all day move to the upside. Back towards $290-$292+
