1) $FLEX Tons of issues with company bad guidance and more (10.91)
Stock Gapping down -$2 I would love to see a quick flush at open maybe $7.50 and under then look to go long on it and bounce it back thru $8.50 to $9 on it then all day fader on it, if this pops at open to those areas watch for topping then ALL day fader on it to the downside
2) $ESPR Gapping up on NO NEWS I can find other then director selling 25k Shares (36.99)
Stock Gapping up +$3 I would nibble short here at $39.50++ if this pushes thru $40-$41 would add into it, if this Director is going to sell 25k shares on the open market then why is the stock up, I would be on the short side of this one and simply gap fill it back down to $37 Tons o
3) $OKTA getting hit on Cyber issues (54.94)
Stock Gapping down -$4 would be a BUYER here at $50.50 and under add on dips to $48 and look for this to at least head back to $52+area for short covering, I think this is a BUYING opportunity down here anything at this level imo should be bought up more it pulls better the play for us
4) $WDC Earnings Disaster (54.01)
Stock Gapping down -$9 would take a few LONG here at $46 area give it room to add at the open look for $44 and under think shorts will begin to cover there, if this pops sell into it around $50-$51+ then eye on the topping on it then look to fade this all day long to the downside
5) $ELLI Earnings Miss and lowers guidance multiple downgrades (79.60)
Stock Gapping down -$18 would nibble a few long here at $62 area room to $59 at the open then bounce it for 5-7 points then look to all day fader on it, more it squeeze better the fade for us in the afternoon if this yanks hard at open look for the $57-$58 area and get in there and bounce it for 8-10 points
6) $LOGM Earnings Beat up thin (75.84)
Stock Gapping up +$9 would nibble some short here at $84 give it room to $86+ at the open watch for topping on it look for this to gap fill and fade off to $79 and under, I like the beat not sure if this will hold up here so look for it to gap fill some on profit taking
7) $MLNX Gapping up on possible sell talks (72.77)
Stock Gapping up +$10 POINTS I want to short this, but I like to see it squeeze just a tad more if you take here at $82 short give it room to $85 think it tops off there and we get a nice slow fader on it. Higher it pops better the fade, if this breaks $80 should just fade back to $75 and under
8) $TLRY When Market is weak Investors love to play the weed stocks (106.75)
Stock Gapping down -$3 I would prefer this to dump at the open below $100 on it then bottom curl then go long and grab 10-12 points to the upside, more it pulls better the play for us, If this pops should hit around $110+ then watch for the pullback on it.
9) $MHK Earnings Miss (151.07)
Stock Gapping down -$25 would take a few LONG here at $121 give it room to $118 area looking for a push out of the gate on some short covering to $125-$130+ then look for this to fade off once it tops out, more it pulls at open better the range for us to the upside.
10) $NFLX Gapping down on $AMZN pull (312.87) already played it for +4.20 POINTS
Stock Gapping down -$14 I like to actually see this pop out of the gate towards $305+ if it comes then look for a decent pullback on it, I want to be a buyer at $295 and under if I am going to play again, I think this is such a bargain down here below $300 so if it sells off today I will be making a nice position on it
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Notable Calls:
$BIDU Gapping down on Market being down (190.43) down -$6 took a few at $185 will add on dips simply looking for a quick push out of the gate to $187.50-$188+ sell into it then let it fade back down, if this pulls at open to $180 I will add my position and have an average and let it rip back to $185+ on short covering simply looking for a quick bounce in the name for quick money
$TSLA Gapping down on Market (314.22) Down -$6 I would like to see this pop out of the gate towards $312+ or more then let it pullback, if this pulls at open to $300 would consider being a buyer on the stock on the bottom curl should give you about +$10 points to the upside on it
$ADBE Gapping down on Market (252.92) Gapping down -$7 would nibble a few LONG at $245 are look for a nice quick push out of the gate to $249-$250 then sell it then let it fade back down, if this yanks at the open to $240-$242 I would be a buyer and play it to the upside
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