1) $PCG Citi coming out and giving “0”PT on possibility of Kincade Fire Blame (7.20)
Stock Gaping down -$1.40 I DON’T CARE I DON’T CARE I DON’T CARE ANYTHING AT $5 AND UNDER IS A BUYING OPPORTUNITY I SEE $6 TO $6.50 ON THE REBOUND, THIS IS YOUR FAULT IF YOU HAVE BEEN IN HERE FOR A FEW MONTHS AND DID NOT BUY THE STOCK AND READ THE NEWS!
2) $CAR Downgrade to hold at DB PT cut to $32 from $46 (29.96)
Stock Gaping down -$1.46 I would like to see gap fill pop at the open towards $29..40-$29.65 area then top it off and all day fader back to pre-market lows, if this pulls at the open watch the $27-$27.35 area as a buying and short covering opportunity. Should simply gap fill and then fade imo
3) $KREF to join the S&P 600 (19.75)
Stock Gaping up +$1.25 This is great for shareholders IMO if this sells off in pre-market or at the open to $20-$20.50 I would be a buyer and slow all day move towards $21-$22 this already gaped up over $21 so if this pulls at the open be a buyer for quick money to the upside, more it pulls and gap fills is just a buying opportunity .
4) $VCRA Earnings Miss downside guidance (24.29)
Stock Gaping down -$6.50 would nibble small long in the $17 area room to $16 at the open would love to see 2-4 point gap fill short covering towards $19-$22 at the open then top it off then all day fader on it, more it pulls at the open better the range for a nice gap fill play for 2-4 points. should be fun. This will NOT gap fill, so don’t play it that way
5) $BOOM Earnings Beat slight raise on Guidance (39.00)
Stock Gaping up +$4.27 think this is up too much, so watch for small pop at the open towards $44-$45 watch for tipping then look for a nice sell off gap fill back down 2-3 points, if this yanks and gap fills to the $40-$40.75 area bottom curl it then slow move to the upside Once this sbaps $43 we should get the pullback so wait for it.
6) $ANIK Earnings Beat slight raise on guidance (54.27)
Stock Gaping up +$8 small pop at the open towards $63-$64 area watch for topping then gap fill sell off 4-6 points to the downside, if this snaps at the open below $61 take it down 3-4 more points, I don’t see this gap filling all the way but at least to $56-$57 area think this is up too much
7) $BUD Earnings miss (91.60)
Stock Gaping down -$7 would nibble small long at $84 room to $82 at the open like to see small curl pop towards $86-$87 then grind out all day, more the pull watch for investors to come in and buy the weakness right now its holding $84 area
8) $RMD Earnings Beat (127.73) Thin
Stock Gaping up +$14 Up thin, so wait for the open would love to see small pop at the open towards $143-$145 area then look to short it for 5-7 points to the downside, if this yanks at the open and gap fills to $130-$133 and under I would be a buyer on it
9) $MHK Earnings Beat (129.92)
Stock Gaping up +$6 I would wait for small pop at the open towards $138-$140 watch for topping on it then slow fader fill 5 or more points on the gap fill, imo this should sell off some of its gains up here, think its up too much imo so look to short the topping on it
10) $ALGT Earnings BIG Beat (154.38)
Stock Gaping up +12 like to see rush out of the gate towards $168-$170 watch for topping then look for 5-7 point gap fill pullback if this sells off at open to $158 and under I would be a buyer on that they beat very nice today
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Notable Calls:
$ILMN Earnings Mixed (315.50) Gaping down -$15 I would nibble very very small at $300 LONG I would love to see small pop to $305-$308 at the open then slow fader to the downside, if this snaps at the open watch the $290 area as a buying opportunity, imo this shouldn’t be down this much so I would prefer the pop and fade watch the open should be fun
$CHTR Earnings Beat + Streamline with CMSCA Gaping up +25 points (435.07) Tricky stock conference call going on, Let it squeeze at the open towards $470-$475+ then watch for topping then look for a 10 point pullback gap fill or more. If this snaps at the open watch the $440-$445 area bottom curl then slow all day move back to pre-market highs
$SHOP getting hurt on $AMZN numbers (323.32) Gaping down -$8 I would like to see small pop at the open towards $320-$323 on the gap fill then a nice 5-10 point fade, if this snaps at the open towards $315 and under look for another 5-7 points to the downside, I would prefer pop and gap fill then slow fader on it
