1) $WLL Credit Suisse Cuts to Underperform with a $5 PT (7.31)
Stock gapping down .5 would actually some short at $7.25 area room to add on any pop at the open look for an all day slow fade towards $6 if this pulls -.10 cents at open look for small pop then all day fader on it imo once lower lows set in like $GPRO yesterday this should simply just fade
2) $HPQ restructuring with Layoffs and more, BofA lowers to $16 PT (18.40)
Stock gapping down -$1.30 I would like to see small push at the open back through $17.70-$18 spot top it off then look for an all day fader on it, if this pulls at open watch the $16.50 area then bounce it for 1-1.25 points for quick money then fade it.
3) $HRTX announces 8.5 Million Offering at $17.50 (19.36)
Stock gapping down -$1.50 like to see push at open or pre-market towards $18.50-$18.85 area top it off then look for an all day slow fader to $17 area, if this snaps at the open to $17 area and under bottom curl it then slow all day move to the upside towards $18-$18.50
4) $WB Credit Suisse out with a upgrade to OutPerform with $57 PT (46.20)
Stock gapping up +1.55 I would take some short here at $47.65 area room to $49 at the open look for this to gap fill back down to $46.50 and under, cover then bottom curl it then slow all day move to the upside, if this snaps at the open to $46.50 then cover your short then look to go long for slow all day move towards $48
5) $TNDM UBS upgrades the stock to BUY with $75 PT (56.28)
Stock gapping up +$2 like to see a little more pop at the open given the PT towards $59+ top it off then look for nice gap fill to $56.75 and under then look for bottom curl then slow all day move back to pre-market highs, let this set up for you simply pop it at open lean into it short cover it then look for nice slow all day move to the upside
6) $SRPT Positive results on Gene Therapy (81.34) Remember this was a sold off stock
Stock gapping up +$5 like to see this small pop at the open towards $86-$88 top it off once this breaks $84 and snaps this should simply gap fill to $82-$82.50 and under then bottom curl it then slow all day move back to highs, I would prefer sell-off, short cover then bottom curl it then slow move to the upside, $SRPT tends to fill there gaps and NOBODY upgraded the stock on the news
7) $RNG Old News ReHashed with $AVYA (127.54)
Stock gapping up +$15 would nibble some short here at $142 stock ran last time on news to $146 topped off then nice short on the stock for 5-8 Points of easy money the key is to snap the $140 area at the open then we get the additional 5+ points to the downside, ideally love to see it peak at $145-$146 area at the open then slow gap fill fade. If you take now, start small then lean into it more as it breaks the $140 mark
8) $TTD another day another play with range (189.59)
Stock gapping up +$2 love to see standard pop at the open towards $193-$195 snap it bring it back down gap fill to $185-$187 bottom curl it then slow all day move to the upside back to highs as long as market holds this should have a nice upside trend to it towards $198+
9) $AAPL Iphone 11 Production boost up 10% or 8 million Units (220.82)
Stock gapping up +$6 imo I would take a few short here at $226.15 room to $228 pop at the open once this snaps $225 we should get a few more points to the downside to $222.50-$223 this will NOT full gap fill imo but will give us at least 2-3 points to the downside on the short, IMO this is up a little too much here but let it pop a little more then nail the short
10) $AVGO Not seeing any significant news on the Gap up (274.43)
Stock gapping up +$4 would nibble some short here at $278 area room to $280 pop at the open top it off then look for this to gap fill fade back to $275.-$276 and under then bottom curl it then slow all day move back through Pre-Market highs, stock has range for us and should give us some decent short side range
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Notable Calls:
$SHOP Market down should be fun (325.57) Gaping up +$3 would love to see small pop at the open towards $330-$332+ top it off then look for gap fill sell off to $320-$323 area then watch for bottom curl then nice 7-10 point move to the upside, should be fun today
$NFLX Market up should be fun (274.74) gaping up +$4 points like to see small pop at the open towards $280-$282 then top it off then look for nice sell off to $273-$275 and under bottom curl it then slow move back to highs should be fun
$OSTK Please notify me as soon as you see $10 and under on this stock $9.50 is a SCREAM to BUY opportunity so let me know when it comes so I can make a quick $500-$1000 on it.
$SGH Earnings Miss (25.41) gapping down -$3 would love to see this move in Pre-Market back up to $25 area then lean into is short and look for a nice all day fader back down to $23.50 and under more it pops imo better the range to the downside. If you take now short here at $24.50 give it room to pop at the open then look for the fader on it.
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