1) $TCS Downgrade to $6 at JPM Chase Underweight (10.08)
Stock Gapping down -$2.40 I like to go LONG here at $6.80 look for a quick 1 point pop at the open then scale in short for an all day fader to $5 and under if it comes.
2) $DDD Earnings Miss (16.96)
Stock Gapping down -$3 I like to see small pop and run towards $15 on short covering then look for topping on it then look for an all day fader on it, if this pulls at the open hard to $12.50 and under look to go long on it for a nice bounce for 2+ points on it
3) $CLVS Earnings Miss (16.61)
Stock Gapping down -$3.5 I like to see this push at open maybe thru $14.75-$15.50 area then lets watch for topping on it then look for this to sell off for a potential all day fader higher it pops better the fade on it
4) $TSRO Gapping down on $CLVS no MM’s on it yet (31.17)
Stock Gapping down -$3 I like to see this pop at open towards $30+ then top it off then look for an all day fader on it back to pre-market lows, if this yanks at open to $25-$26 area look to go long and bounce it back at least 3-4 points
5) $EBAY Earnings Beat (27.42)
Stock Gapping up +$2 look for a little more pop at the open thru $30+then scale in short and look to gap fill this back down to $28.50 and under then bottom curl it then look to go long on it for move back to highs on it
6) $EXAS Earnings Beat (64.40)
Stock Gapping up +$6 I like to see a little more pop at the open maybe we see $72+ on it then scale in short for a nice gap fill pullback sell off to $66 and under, if you take some now nibble but expect more of a push if it comes then let’s nail the gap fill pullback to $66 then bottom curl it then look to go long on it
7) ****$VAR Citi out with a 145 PT beautiful trade coming for us all (112.21)
Stock Gapping up +$6 I like to see a little more pop at the open maybe thru $120+ then look to scale in short on it then watch for gap fill back down to $114 and under on it then bottom curl it then look to go long the stock, I want to nail the short on this but think it has a little more room to pop if you take it now at $118.50 be aware of a little more pop may come on it
8) $TTD Gapping up on Market up (115.28)
Stock Gapping up +$4 would take a small amount short here at $119 area room to $121 at the open then look for this to sell off and gap fill back down to $116.50 and under then bottom curl then look to go long the stock back to highs
9) $EL Earnings Beat (131.22)
Stock Gapping up +$8 I like to see a little more pop at the open maybe thru $143-$145 then look to go SHORT the stock and sell into the Confcall coming back down to $133 and under then look for bottom curl on it then look to go long the stock, IMO this will sell into the call then LONG the call
10) $NFLX Gapping up on $FB (285.81)
Stock Gapping up +$10 I like to see this pop a little more nibble a few short here at $295.75 room to $297 at the open then look for a nice gap fill sell off to $290 and under look for bottom curl then look to go LONG on it for nice range and money
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Notable Calls:
$TLRY My favorite (90.10) Gapping up +$5 I like to get a pop at open maybe thru $98-$100 on it then watch for topping, I want the solid pullback on it to $88 and under if it comes then bottom curl then look to go long on it and bounce it
$NVDA Market gapping on FB stock gapping (203.00) Gapping up +$7 would nibble some short here at $210 room to add at the open think we get a nice gap fill pullback on it to $205 and under then bottom curl on it then look to go long on it as long as the market holds up
$SQ Gapping up on Mad Money last night Cramer Push to BUY (68.76)
Gapping up +$3 would nibble a few short here at $71.30 area room to $72+ then look for a nice gap fill fade off to $70 and under then bottom curl on it then look to go long
$MDR Earning Miss (12.87) Looking for a small pull at the open towards $8.5 and under then look to go long on it, if this pops thru $9.80 look for this to have a move towards $11 then look to fade the stock
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