1) $DPLO Earnings mixed report but imo terrible (6.20)
Stock Gaping down -$4 like to see a pull at open towards $2.50 and under then look to long a few for a nice 1-2 point short covering pop , if this pushes at open through $4 then long it for quick .50-1 on it then slow all day fader, imo i would love to pop it then all day bleed on it to $2-$2.50
2) $AMRN FDA post Documents for Vascepa advisory Committee positive Briefing Docs (16.91)
Stock Gaping up +$3.50 imo this is nothing more then a slow all day fade, However do NOT long this unless it pops at open to $20 then push for another point or 2 then slow fader, again I would love to see this simply small pop, snap pull under $19 then slow fader to $17-$17.50 and under LET THIS SET UP TRADERS THEN WE NAIL IT
3) $DXC Earnings Mixed (29.40) Multiple PT reductions $28 to $43
Stock Gaping up +$3.50 if this snaps $31 at the open chase it for a quick 1-2 point gap fill sell off, if this pushes at all at the open on short squeeze let it rip to $33-$34 top it off then look for nice slow sell off for 2-3 points to the downside, I am shocked it ups this much
4) *******$IIVI Earnings Miss (35.16) Guides really bad
Stock Gaping down -$2 like to see flush at the open towards $30 and under then look for 1-2 point bounce then slow all day fader back down to lows, if this pops at all at the open towards $34+ top it off and look for all day bleeder on it.
5) $GO Earnings Mixed (31.00) Not really impressed with the guidance
Stock Gaping up +2.50 like to see this gap fill back to $31.50-$31.75 at the open and under then bottom curl then slow all day move to the upside, if this pops at the open towards $34-$35 top it off then gap fill this back down 2-3 points on profit taking
6) $SE Earnings Beat Huge Guidance improvement report to me is game changing (31.00)
Stock Gaping up +$5 love to see even more pop at the open towards $38-$40 top it off then look for 2-4 point gap fill sell off then bottom curl then slow all day move even higher towards $42-$44+ if this yanks at all at the open I do not see anything less then $33 on it, if you get that watch that bottom curl then slow all day move back to pre-market highs
7) $CRWD upgraded to Neutral from Sell at Goldman (46.20) LOL Pop and drop and gap fill
Stock Gaping up +1.60 GS cuts PT to $55 from $66 Stupid call, However I would nibble short at $48 area room to $50 pop at the open then GUT this to FULL gap fill towards $46.50 and under, if this dumps and sells off at the open to $46 bottom curl it then slow all day move to the upside
8) $CRSP Oppenheimer raises $CRSP to Outperform with $65 PT (50.91)
Stock Gaping up +2.20 like to see small pop at the open towards $55+ top it off then full gap fill to $51 and under, if this snaps right at the open to $51 and under bottom curl this then slow all day move back to pre-market highs and more
9) $AAP Earnings Miss authorizes 700 Million Buyback (168.82) NOTE normally gets bought up
Stock Gaping down -$11 Long a few at $159 if it comes at the open then look for a nice 4-6 point push back towards $165+ area if this yanks at the open watch the $153-$155 area then Fresh buyers will come in and buy the weakness imo
10) $ROK Earnings Beat (179.20) Thin stock so watch the open
Stock Gaping up +23 would only long this now if it hits $205 at the open then quick push to $210+ top it off then we get a 10-15 point pullback on profit taking, think this is up way to much on the guidance, if this pulls at open let it snap $195 then take it down to $185-$190 bottom curl then slow all day move to the upside, this will NOT gap fill based on the guidance given
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Notable Calls:
$RETA Positive Phase 3 Citi Yigal bumps price up $328 Baird says $245 (213.67) Gaping down -11 like to see push at open to $225-$230 area top it off then look for 5-10 point sell off on profit taking, if this yanks at open watch the $200 and under then bottom curl then slow all day move back to pre-market highs. NEWBIES do NOT trade this stock, not for you!!!
$UGI Earnings Miss (46.23) Gaping down with NO MM’s on it yet(46.23) Like to see small pop at the open towards $45+ top it off then slow all day fader back down to pre-market lows towards $43 if this pulls at open watch the $40-$41 as bottom and shorts to cover
$SLDB USDA has put a hold on trial testing its gene Therapy (11.00) Gaping down $8 do NOT buy this long unless this gets through $3.50 then quick push to $4.50-$5 tops off, if this yanks at open watch the $2.00-$2.50 as as bottom curl then grab it on 1-1.5 points on short covering
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