1) $GOOS Earnings Mixed but guidance below expectations on CCall (39.04)
Stock Gapping down -$1.50 do NOT long this stock unless you see $39 at the open then quick chase for 1-2 points on short covering , imo this should collapse at the open under $35 area then watch for that bottom curl then slow 2-3 point short covering bounce, more it pulls better the range to the upside, if this pops and tries to get to $40-$41 I would lean into it short for an all day fader
2) $CSIQ Earnings Miss (17.51)
Stock Gapping down -$2 Typical $CSIQ has quick short covers back to $16.50-$17 then all day fader on it, if this yanks at open hard to $14-$15 area again, I would be a buyer with size and bottom curl it for 1.5-2 points to the upside
3) $SSTI Earnings Miss (20.34) NO MM’s on it
Stock Gapping down -$3 like to see this simply pop at open and gap fill back to $19+ then top it off then slow all day fader back to pre-market lows, if this at all pulls at open to $16-$16.50 and under I would be a buyer on the weakness for a nice 2 point move to the upside on short covering
4) $TWOU Earnings Beat (22.69)
Stock Gapping up +$3 like to see this touch $26-$27 level maybe a tad higher scale in short then look for this to gap fill back to $23.50 and under, if this pulls at the open and sells off cover look for that $23-$23.50 area for bottom curl then slow all day move back to pre-market highs
5) $DDOG Earnings Beat (34.40)
Stock Gapping up +4.50 Like to see small pop at the open to $40-$41 top it off then look for nice gap fill sell off to $36.50- $37.50 and under more this pops better the range to the downside, if this pulls at the open and gets close to the $36-$37 levels expect a nice 3-4 point upside move back to pre-market highs
6) $CDLX Earnings Beat (39.85) UP a little too much here at $48.50 level definitely some gap fill
Stock Gapping up +$9 like to see this gap fill back to $43-$44 levels and under would love to see a pull at the open then bottom curl then slow move back to the pre-market highs, if this at all pops again at the open to $48_50 scale in short on the topping and enjoy a nice 4-5 point short on the stock
7) $YY Earnings Beat MUCH NEEDED FOR THE COMPANY (65.03)
Stock Gapping up +3.40 love to see this pop a little more at the open towards $70-$72 then then look for 3-4 point gap fill fade on it, if this yanks at open to $66 and under go long on a bottom curl for slow all day move to the upside
8) $KNSL Joining the S&P 600 (88.98) NO MM’s on it yet
Stock Gapping up +7.50 Great news for shareholders, love to see this open to $98-$100 top of then slow all day fader back down 5-6 points to the downside, this will NOT gap fill imo, if this pulls at open to $90-$92 area watch for bottom curl then slow all day move to the upside
9) $SWKS Earnings Mixed (101.59) Think imo based on analyst weakness will be bought up
Stock Gapping down -$6 if this pops at open to $96 chase it for quick money to $99-101 then be done with it, if this yanks right at the open watch the $92-$93 area as bottom and watch fresh set of buyers to come in and push it back up
10) $CTAS Earnings Beat in-line guidance (258.85) FYI $CTAS tends to gap fill on misses on short covering
Stock Gapping down -$10 would like to see gap fill pop at the open to $256-$258+ then top off then 2-4 point pullback, if this yanks at all back to $248 and under I would be a buyer on the bottom curl weakness for nice 3-5++ point move to the upside
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Notable Calls:
$RETA 2 million offering Citi is the book runner hence why Yigal upgraded the stock (Now your learning how the game is played at Citi) (182.83) Gaping up +$4.50 Note they filed but NO PT given so look for quick pop to $188-$190 then look for 5-7 point gap fill pullback on it then grind out, if this yanks at open to $178-$180 bottom curl it then slow all day move back to pre-market highs. I hope this yanks I will be a buyer under $180
$ARGX Gapping up +4.50 on No news (127.42) Your typical pop and fade would nibble some short at $132 room to $134 once this breaks $132 at the open expect full gap fill back to $128 and under.
$MOS JPMorgan downgrade to U/W with $18 PT (20.93) Gapping down .40 would take short anything at $20.50 and above add on any pop look with market being down allllllll day slow fader to $19 and under
$APDN warrants and offering and everything else (19.00) down -$14.50 I would nibble long the $4.50 with stops at $3.50 like to see this push at open on short covering 2-3 points this should be fun, keep stops firm at $3.50 this is down a bunch shorts should come in and cover this at the open
