1) $EQ FDA has “Allowed” the start of Phase 3 “Study” LOL (6.00)
Stock Gapping up +1.40 this is just stupid, no 2 words just stupid. anyway IMO any pop any pop at the open is just a short idea, however if newbies want to chase it don’t long unless $7.40 push then quick move to $8-$8.25 then watch for topping otherwise small pop lower lows set in then all day bleeder back down to $6.25 and under
2) $SRRK Withdrew #Offering (40.46)
Stock Gapping up +4.10 Love it when they pull offerings, means stock wants more upside then bigger offering later. for now it’s up for so let it rip another 1-2 quick pts at the open watch for the nice pullback to $41-$42 and under then lets bottom curl it and nail it for another solid move to the upside, I will be playing this today, but it has to pull before I consider going long, I can’t buy it up her +4pts I feel it will pull hard so I have to be careful, but but but if this starts to get volume around $45 then I will chase it and let it rip another 1-2pts and I will be playing that rip
3) $TWTR Earnings Miss Multiple PT upgrades this morning (52.43)
Stock Gapping down -7 I actually like this long, so I will be eyeing the pop at the open to $45.25 if that hits I will like to go long to at least $47-$48+ on this for nice solid money, reminds me of $PINS how it will trade, However, if this snaps at the open back down to $40-$42 area watch for bottom curl on it and slow move to the upside, I think imo $40 would be bottom on this
4) TRUP Earnings Beat + AFL announce Pet insurance alliance (72.06) Thin
Stock Gapping up +10 do not long unless pop at the open to $82.50 clear that then quick move to $85-$87+ on it then watch for topping then look for this to pullback at least 5-7pts to the downside, if this snaps at the open to $80 chase a few to $74-$75 on it then bottom curl it and slow all day move to the upside
5) $MHK Earnings Beat (93.05) Thin
Stock Gapping up +10 do not long this unless pop at the open to $109 clear that then quick 3-5pts more to the upside then watch for topping and slow all day fader back down, if this snaps $106.50 chase some short to $98-$100 and under then watch for bottom curl if we snap $98 we can get a few more so take money as it comes to keep covering pieces.
6) $ZEN Earnings Beat Multiple PT increases $143-$165 (106.03)
Stock Gapping up +10 do not long this unless pop at the open to $118 get that then quick 5-10pt move to the upside then watch for topping on it, if this snaps at the open to $114 chase a few to $108-$110 and cover then watch for bottom curl and slow all day move to the upside
7) $FIVN Earnings Beat 1 upgrade Tier 3 analyst to $175 (143.11)
Stock Gapping up +10 do not long this unless pop at the open to $154 get that then quick 5-7pts more to the upside, in most cases $FIVN likes to fill there earnings gap so watch for the snap at open to $151 get that then chase a few to $145 and under then bottom curl it and slow all day move to the upside
8) RMD Earnings Beat (179.51)
Stock Gapping down -17 do not long unless pop at the open to $198 clear that then solid quick move for 5-10 more pts then watch for topping on it and slow fader on some gap fill,. if this snaps $194 at the open chase it short down to another 10pts or more. then watch for bottom curl and slow move to the upside
9) $TEAM Earnings Miss Multiple PT increase to BUY (210.72)
Stock Gapping down -14 do not buy unless pop at the open to $199 get that then quick move to $205-$207 on it or more on the gap fill then let it grind out, if this snaps at the open watch the $192-$194 area for bottom curl and slow all day move to the upside, more it pulls at the open if it does better the range to the upside for us
10) $CVNA Earnings Beat Mulitple PT increases $225-$240 PT (191.19)
Stock Gapping up +8 do not buy unless pop at the open to $199 get that then quick move to $205-$208+ then watch for topping on it, if this snaps and gap fills to $192-$193 at the open bottom curl and go long for an all day slow move to the upside back to pre-market highs
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Notable Calls:
$ZM another day of fun (489.68) Gapping down -7 love it, do not buy unless pop at the open to $485.50 clear that then solid 5-10pt move to the upside on it, should be fun and fast, if this snaps at the open watch the $472-$475 area for bottom curl a nice short cover squeeze for 10-12pts or more
$SHOP another day of fun (977.00) Gapping down -6 Do not buy unless pop at the open to $980 chase that then quick 10-15pt move to the upside if this snaps at the open watch the $950-$955 and under for bottom curl then go long for solid 15-20pt move to the upside. I will be playing this today
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