1) $WLL Wells Fargo out with a BOLD call BUY rating and $67 PT on this $38 stock (38.40)
Stock Gapping up +$1 took a starter at $39.45 will add on gap fill dips build a position then look for a solid slow move towards $40.50-$42 on this call today. This will be a nice swing to $45+ this week on it
2) $ACB Formally ACBFF now on the NYSE (7.70)
Stock Gapping up +.50 Like to see this move towards $8.75-$9 at the open then let it sell off and gap fill back down to $8 and under bottom curl it then look to go long for an all day slow move to the upside on it
3) $TRVG Earnings Beat (4.97) Don’t think this will hold
Stock Gapping up +$1.00 imo any pop at open I would be eyeing to SHORT this and gap fill this back down to $5.10 and under, this is a beat up stock and I’m not impressed with the numbers, so with that said if this pops at open towards $6+ eye the topping on it and look for this to fade back down and fill the gap if this yanks right at the open to $5.25 area then look to go long on it
4) $STM Earnings Miss (15.88)
Stock Gapping down -$2.5 I like to see this gap fill half way back to $15+ at the open then watch for topping then we lean into it short, if this sells off right at the open again to $14 and under watch that $13.70 spot to go LONG and play a nice 1-1.5 points short covering bounce with size
5) $IRBT Expects lower gross margins due to Tariffs (91.82)
Stock Gapping down -$8 I would nibble a few LONG here at $83 area room to $80 at the open if it comes, I think this can and will squeeze on short covering back to $88+ before selling off, more it pulls better the short squeeze, also make a note this ran all the way to $100 after the close before they read the report, so this stock has room, be aware so you don’t short with too much size here at $83 let it set up, but imo I’m looking for that massive pop on it
6) $MKSI Earnings miss (73.35)
Stock Gapping down -$5 I like to see small pop at open maybe thru $70+ on some short covering then look for this to sell off all day back to lows, if this yanks at open to $65 and under go LONG and play a nice 3-4 points bounce on it. More it pops better the fade on it let this set up should be fun
7) $TXN Earnings miss (100.25)
Stock Gapping down -6 I like to see this pop at open towards $97-$98 area then look for topping on it then all day fader to the downside back to lows, if this yanks at the open to $92 spot and under go LONG investors will buy this weakness so be wary of that
8) $UPS Earnings Miss (114.24)
Stock Gapping down -$5 Typically UPS is like FDX it gets bought on weakness, so with that said take a few long at $109 give it room at the open and look for this to hit $111.50-$112.50 area then top off then fade it. If this yanks at open hard then look for the $105-$106 spot think they come in there and begin covering there shorts …let this one set up for you,
9) $TLRY WEED stocks are back in play (120.79)
Stock Gapping up +$5 I like to see a nice push at the open to $130-$135 then top it off let it gap fill and sell off back to $122 and under then we look for a nice bottom curl on it then look to go long, if this yanks right at open and touches $119-$120 I would nibble and be a buyer and look for this to get back up to pre-market highs and more.
10) $TSLA Analysts out positive on the stock JMP securities out with a $350 PT (294.14)
Stock Gapping up +$10 I like to see this pop a little at the open on short squeeze to $305+ then top it off then short it and gap fill it back down to $296-$298 on it then bottom curl then look to go long all day into earnings, If this yanks right at the open then watch those areas and look to go long the stock all day
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Notable Calls:
$BA Earnings Blow-Out (350.05) Gapping up +$16 I like to see small pop followed by a gap fill profit taking sell off to $355 and under then watch for bottom curl on it then all day slow move to the upside on it. Let this set up for us Traders
$LH Earnings Miss (168.60) Gapping down -$7 like to see this pop towards $165+ at the open look for topping on it then look for an all day fader on it back to Lows
$NFLX Gapping up (333.16) +$1 like to see a little push at the open maybe thru $337 area then look for a decent pullback on it to $330 and under then look for a slow move to the upside, if market pulls let this yank back below $320 and smile build a position
$PLAG another day of craziness on this stock (6.20) Gapping up +$1 would nibble a few long here at the open and see if we get a push thru $8-$8.75+ on it before selling off, I have a feeling the pumping rooms will want to play this today so have some fun on it before it dumps off
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