1) $JRVR Cancel Insurance Policies with largest client “Uber” (48.94)
Stock gapping up down -$4 any pop at the open on any type of gap fill towards $47+ scale in short and take this down for an all day slow fade towards $40-$42, if this yanks right at the open to $42 and under play for a quick 2-3 point short covering gap fill then go back to shorting off the top
2) $BOOT Tier 3 Firm out with a $46 PT BUY Rating (32.78)
Stock gapping up +$1.25 like to see small pop at the open towards $34.50-$35 area then look to gap fill this back down to $33 and under bottom curl it then slow all day move to the upside, if this gap fills to $33 and under go LONG on it should be a nice solid play for 2-3 points all day move
3) $IRBT Raymond James out with a Underperform downgrade on the stock NO PT (57.42)
Stock gapping down -$3 like to see small pop and gap fill at the open towards $56+ then lean into it short and bring it back down for an all day fader back down to $52-$54 and under, IF this yanks right at the open to $52-and under scale in long for 2-3 points to the upside on it
4) $CRWD Decent Gap up this morning with more range towards $68+ (65.30)
Stock gapping up +$1 like to see small pop at the open towards $67+ area then look for nice gap fill to $65.75 and under bottom curl it then slow all day move towards $68+ today on it with DOW up +150 more it gap fills better the long side for all of us
5) $UAL Goldman Sachs out with a BUY rating and $128 PT (84.69) SWING IDEA
Stock gapping up +$1.10 like to see nice pop at the open on this call towards $86-$87+ area top it off then look for gap fill to $84.90-$85.25 and under bottom curl then slow move back through Pre-Market highs, this is a nice upgrade would consider buying 90-92 weekly/monthly calls on this upgrade stock needed this
6) $ROKU Tier 4 Firm upgrades the stock to $130 PT from $110 (108.00) Stupid upgrade
Stock gapping up +$4 imo this should gap fill back down to $109- $110 and under at the open then bottom curl it then slow move to the upside, if you take short now here at $112 give it room to $114 topping on it then look for that nice 3-4 point gap fill pull should be fun
7) $BABA China Trade Wars back and forth (161.93)
Stock gapping up +$4 imo any pop at the open lean into it short gap fill this back down to $165-$166.50 bottom curl then slow all day move to the upside, this should pop at least to $166+ then we nail it short, more it pops better the fade, keep in mind this has been sold off last 4-5 days so this should rebound a little today IF market holds, but gap fill it first before sizing in on it
8) $NVDA Piper making comments on deal almost closing on $MLNX (177.23) Stupid comments
Stock gapping up +$3 imo I would scale in short this $180 area room for pop at open to $182 top it off gap fill this back down to $178-$178.50 then bottom curl and slow move to the upside, this deal was done last year, these comment by Piper imo are overdone and stupid, so what.
9) $TTD gapping up on Market, i like this today (190.44)
Stock gapping up +$4 I like to see small pop at the open towards $196-$198 area top it off then look for gap fill sell off to $190-$192 and under bottom curl it then slow all day move to the upside back to $197+++
10) $SHOP OMG!!!! Really $309.50-$310 after hours where do you think it goes? (311.05)
Stock gapping up +$5 DUH!!!!! No brainer overnight, shouldn’t have to tell you to do something so simple, well done Mike Perdue. Now let this thing pop a little more at the open towards $316-$318 top it off then gap fill this back down to $310-$312 area if it comes watch for bottom curl then slow move back to highs, REMEMBER this is beaten down already, However if this snaps $310 we see $308 on it quick then we long it let it set up for us at the open should be fun
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Notable Calls:
$MPWR Chairman sells 16,540 shares (141.81) gapping down -$6 would nibble small at the open $136 area would like to see this gap fill back to $139-$140+ then lean into it short, if this yanks hard at the open watch the $130-$132 area for shorts to cover and fresh buyers to come in
$OCGN announce 2 million purchase of stock (1.28) So stupid stupid stupid ANY pop at the open scale in short watch for lower lows to set in then look for a nice fader on it back to $1.35 and under stupid stupid stupid
$OSTK Please notify me as soon as you see $10 and under on this stock $9.50 is a SCREAM yo BUY opportunity so let me know when it comes so I can make a quick $500-$1000 on it.
$AMBA This is gapping up and I expect a little more push at the open at least back to $54-$55 on it so watch for pop and pull then bottom curl it then slow continuation on it back towards $54+
