1) $SINT announce agreement TOWARD a collaboration with Nissin (1.46) S T U P I D
Stock Gaping up +$2.20 This is nothing more then a pop and fade back down to $1.60 and under, this is so stupid it makes me laugh. However do NOT LONG this crap unless you see $3 pop at the open then let it push a quick .50-$1.00 watch for topping then slow fader if small pop and lower lows set in then look for an all day fader on it.
2) $ALBO #Offering only 1.9 million at $21.00 (23.83)
Stock Gaping down -$2.75 would grab anything under $21 and under would love to see $20.50 if it comes bottom curl look for this to come back to $23+ #Offering is small
3) $CCL Cruise ship docked in Italy “quarantined” no one can leave (46.50)
Stock Gaping down -$4 this should get hit a little more at the open would love to see $40 an under bottom curl this nice 2 point move to the upside. More it pulls better for us for the range If this pops at all at the open towards $45+ scale in short and look for an all day fader on it
4) $CRUS Earnings Beat (81.61)
Stock Gaping +5 like to see small push at the open towards $87-$88 area watch for topping then look for a nice gap fill sell off to $82.5-$83 area then bottom curl it then slow all day move to the upside. More it pops at the open better the range to the downside for all of us.
5) $QRVO HUGE Earnings Beat HUGE (112.57)
Stock Gaping up +7.5 played this yesterday bought at $121.50 sold at $123.75 after hours Today it is a buying opportunity at the $120.50 level an under, I would love to see this pop hard at the open towards $130+ then quick 3-5 point gap fill short on it, this will NOT GAP FILL imo so let it set up for us. More it pops at the open better the range for us on the pullback should be fun. If we get luck and it pulls to $118-$120 bottom curl it and play it long
6) $FB Disappointing numbers but still a buying opportunity down here for investors (223.23)
Stock Gaping down -$15 I would be buying a few at the $205-$207 area looking for the stock to push at the open towards $210-$212++ then grind out, if this pulls at open watch the $203-$205 area I feel bottom is in on it and this will become a BUYING Opportunity, in other words look for $FB to recover today off this weakness
7) $ILMN Earnings Miss (313.30) in-line guidance
Stock Gaping down -$16 would long this at $298 push at the open then look for short covering pop to $305-$308 top it off then slow all day fader back down to lows, if we get luck and this snaps at open to $290-$293 and under I would be a BUYER on the short covering 10 point pop and squeeze.
8) $LRCX Earnings Beat (298.22)
Stock Gaping up +$20 like to see more push at the open towards $325-$330 spot then look for this to pullback 10-12 points on profit taking then bottom curl then slow all day move to the upside, if this begins to snap watch the $317 area to break then you will get 5-10 points more on the downside on profit taking then bottom curl it for slow move to the upside. I would prefer the pop and sell off on it for better range
9) $NOW Earnings SOLID Beat (312.93)
Stock Gaping up +$20 like to see a little more push at the open towards $335-$340 top it off then look for a nice 10 point gap fill profit taking sell-off on it, then bottom curl it then slow all day move to the upside, if this dumps at open I do not see this gap filling so look for $315-$318 spot for scale in long for slow all day move to the upside, let this set up for us, I’m eyeing the short side of this vs the long for nice profit taking pullback
10) $TSLA HUGE Earnings Beat HUGE!!!!!!!! (580.99) NEW TO TRADING? DO NOT TOUCH
Stock Gaping up +$60 like to see some profit taking back down to $600-$610 area then look for the squeeze to get back in LOTS of PT upgrades through the roof so the stock should run nice today, However I do expect a nice profit taking sell off so be wary before diving in long, To long this wait for a push at open to $635+ area then get in there, run it to $650 then top it off then look for the pullback on it slowly to the downside on Profit taking
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Notable Calls:
$BYND Gaping up on the sell off yesterday (114.88) Gaping up +$3 would like to see this push a little more at the open towards $118-$120 spot then look for nice gap fill sell off to $112-$114 and under bottom curl it then push it back up to $116+ if this yanks at the open hard look for a pull to $110-$112 then go long and bounce it 4-5 points should be fun but quick and be done
$MDGL LOL LOL LOL LOL LOL Cannacord giving this $198PT LOL (81.75) Gaping up +$7
Would take some short at $88 room to $90 pop at the open (be aware this was 92 a few days ago so stock has room to push) but in the end this should gap fill back down to $83 and under then bottom curl it then look to go long on it back to Pre-Market highs
$LK Getting hit again on the Coronavirus (37.87) would pick some up at $36.50 and under if we get lucky and get $35.50 would be a buyer on the weakness stock should rebound back to $37.50-$38 plus.