1) $VTVT Former runner traders no significant news but has the volume behind it to run (2.66)
Stock Gapping up +$1.30 I like to see this pull a little at the open after initial small pop they normally will pop a little then pullback on it, this will be the key once this gets set up I would like to see this pop thru $4.10 break out the flag then run to $5.50-$6 before it dies off, Tons of chatrooms will be chasing our lead so be aware, IMO that $4.10 break out will be the key to chase and smash it thru $5 for quick money. If it pulls it pulls but we don’t go long unless it shows us it wants to break out.
2) $NBEV another day and another play (8.55) Non stop for almost 10 days on this stock
Stock Gapping up +.60 would love quick pop at open maybe to $9.50-$9.75 then watch that standard sharp pullback to $8.70 and under then bottom curl it if this yanks right at open watch that $8.70 and under bottom curl and then they will launch it.
3) $GTXI Yesterday BIG buyers stepped in a lot after hours on NO news (1.41)
Stock Gapping up +1 I like to see this pop at open maybe get thru $2.75-$3.25 then top it off then we can short it once the lower lows set in and fade it back down to $1.90 and under, this is up for NO reason at all so I would prefer the pop and fade, but do NOT short it unless we get the conformation on the lower lows setting in
4) $XNCR Phase 2 study failed M@bio_clouseau (36.48)
Stock Gapping down -$6 I would like to see decent pull at the open maybe to $25-$27 area then small bounce on it to $32+ then be done with it, if this pops at all it must get thru $32 to get a move to $34, this is tricky at this price , I would prefer the pull at open then shorts to come in and show me there covers and walk it up thru $32-$34 lets see how it opens.
5) $LMAT Earnings Miss (35.97)
Stock Gapping down -$6 I would try and nibble a few long at the $30 area and if it pulls at the open to $28 would add, this one you have to let it open and the minute it pulls watch the shorts to come in and cover real fast on this, this could hit $33 real quick so be aware if it does get over $33+ sell it of course then watch for topping then slow all day fader on it.
6) $CUTR Earnings Miss (29.78)
Stock Gapping down -$5 I would nibble some LONG at $24.50 and under if you can in Pre I think this will pop at open and shorts will cover to $27.50+ then top it off then look for a nice all day fader on it, if this pulls at open to $23 spot and under I would be a buyer on the stock and gap fill it 2-4 points to the upside
7) $SGH Earnings Beat (27.17)
Stock Gapping up +4.25 I like to see small push at open maybe we get $32-$33+ on it then go short and gap fill this back down to $29.50 and under, I read the report and although it looks impressive this is up way too much so I will be expecting a nice sell off on it so watch the topping on it then look for that pullback should be fun
8) $TPX Mattress Firm officially filed for BK this morning (51.31)
Stock Gapping up (again) +3 I like to see this pop a little more at the open maybe this time we get $55-$56 on it before shorting the stock, I like to see the squeeze at open then the flush out for 2-3 points to the downside like last time, if this pulls at open watch the $51 area as a BUYING opportunity imo should bounce from there
9) $TLRY Offering priced at $167 450 Million that’s basically about 3.5 mil shares (145.57)
Stock Gapping up 7 I like this gap up would like to see this push thru $153 at the open if it does should have a nice solid move to $160+ if this yanks at the open and flushes to $145-$148 I would be a buyer on this and nice solid move to the upside. Key to trading this today small size and let it set up for us.
10) $TSLA Musk sending out stupid tweets yesterday (281.83)
Stock Gapping down -$10 I would LONG some here at $273 and expect a nice little 3-5 points gap fill short covering pop at the open then look for topping on it and possible fader, if this pulls at open look for the $267-$268 as bottom and buyers will come in and bring squeeze this
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Notable Calls:
$NFLX Gapping down (363.65) -4 I like to pop this at open would nibble some LONG here at the $360 level room to $358 if it comes and look for a gap fill pop then top it off then possible fade on it IF the market begins to pull, if this yanks right at the open to $355-$357 I would be a buyer and bounce it 5-8 points or more.
$PETQ Oppenheimer out with a $50 PT from $28 (34.26) This is a notable range for this stock, I like to see it pop at open thru $36+ then scale in short gap fill it back down to $34.60 and under then look for bottom curl on it and slow all day move to the upside
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