1) $ASTC and Cleveland Clinic to develop a Rapid Covid-19 Breath Test (1.69)
Stock Gapping up +3.30 do not buy this unless we get BIG BUYER at $5.75 clear that then we can run it to 7 possibly to $8+ this should be the one everyone is going to play today. I like to see this run, if this small pop at the open lower lows set in then look for the all-day fader back to $2.50-$2.75 and under

2) $CARV Interesting 8k out BAC taking some interest in the company (6.70)
Stock Gapping up +1.10 do not buy this unless pop at the open to $7.80 clear that then quick 1point move or more to the upside, otherwise small pop and lower lows set in and all-day slow fader back down to $7 and under

3) $NKLA GM Comments on CNBC indicating there looking forwards to working with $NKLA (20.72)
Stock Gapping up +2.00 do not buy this unless pop at the open to $23 clear that then quick move to $24-$25+ possible move to $27 if this pulls at the open watch the $21-$21.25 and under for bottom curl and slow all day move to the upside

4) SNAP HUGE Earnings Beat Multiple upgrades today from $38–>$45 (28.45)
Stock Gapping up +7.50 do not buy this unless pop at the open to $35.50 clear that then quick push to $38-$39 then watch for some topping on it, this will get squeezed traders if this snaps at all I do not see more then $32-$33 on the downside and fresh buyers WILL come in all day slow move to the upside

5) $PINS SNAP Sympathy PLUS 2 HUGE Upgrades BofA $58 PT Goldman $61 PT (45.32)
Stock Gapping up +4 do not buy this unless pop at the open to $50 clear that then quick move to $52-$53 then watch for topping on it then quick slow fade gap fill back to $48 and under, if this snaps at the open watch the $47-$48 area for bottom curl and slow all day move to the upside

6) $GSX Negative News on $GSX + Credit Suisse out downgrading to Underperform $71PT (102.94)
Stock Gapping down -22 do not long this unless pop at the open to $85 clear that then quick move to $90+ on short-covering if this snaps $75 at the open let it flush down to $68-$70 and under then watch for some short covering to come in and squeeze it back up 10-12pts or more. I will be playing this today on the long side

7) $CRSP Phase 1 Top-Line results not that impressive (106.70)
Stock Gapping down -14 do not long this unless pop at the open to $95 get that then quick move to $100-$103+ top it off then look to fade it back down, if this snaps at the open watch the $85-$87 area for bottom curl and slow all day move to the upside

8) PYPL Will accept Crytpo Currency assist in Buying Bitcoin BIG NEWS!!! (201.96)
Stock Gapping up +10 do not buy unless pop at the open to $210 get that then quick move to $212-$215+ this is good news for PYPL so stock has room to move even highs, However, if this snaps $207 at the open take it down to $203-$205 then bottom curl it and solid all day move to the upside

9) $FB Running Huge on $SNAP Earnings (267.56)
Stock Gapping up +14 do not buy unless pop at the open to $282 clear that then quick move to $284-$285 then watch for topping on it and slow gap fill fae down for 5-6 dollars, if this snaps $278 at the open chase some short to $272-$274 area watch for bottom curl then slow all day move to the upside

10) $NFLX Earnings Mixed but lots of upgrades Missed on subscribers #analyst (525.42)
Stock Gapping down -30 IMO this weakness will be bought over the next few days, as of now do not buy this unless pop at the open to $504 clear that then quick move to $510 then let it grind out, if this pulls hard at the open let it flush down to $490-$492 and under and lets watch for bottom curl, more it pulls better the range to the upside

 

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Notable Calls:

$ZM Gapping down small this morning (537.02) Down -4 do not long unless pop at the open to $535 clear that then quick move to $540-$545+ then watch for topping if this yanks at the open watch the $525-$527 area then bottom curl it and solid all day move to the upside on it

$MRIN No direct news on it (1.51) Gapping up +1.20 do not buy this unless pop at the open towards $4 clear that then quick move to $5-$6 watch for topping if small pop and lower lows set in simply look for the all-day slow fade back to $1.70 and under Stock hit $8 this morning

$PLAY another upgrade this morning Raymond James $25PT look for more continuation to $20-$21 on it

 

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