1) $XCUR enters global agreement with $AGN (2.46)
Stock Gaping up +.80 DO NOT LONG THIS UNTIL YOU SEE $3.50 WITH A STRONG 1MIL BUYER, otherwise imo this is a small pop and slow all day move to the downside, if small pop below $3.50 and lower lows set in look for the stock to sell off all day long
2) $OPRA Earnings Beat guides higher (9.71) IMO this will NOT gap fill today no way!
Stock Gaping up +1.80 I want more pop at the open love to see $12.50-$13.50 and more then 1-2 point gap fill sell off, if this at all pulls at the open towards $10.50 and under I would be a buyer on the bottom curl then slow all day move back to pre-market highs
3) $TGP Earnings Beat (14.18) everything in-line guidance nothing to see here.
Stock Gaping up +1.60 any small pop at the open towards $16-$17 top it off then look for slow gap fill fade back to $14.50-$14.75 and under, more it pops better the fade stock is thin, so let it set up, if this pulls at the open small scale in then we should get the rest on the downside on the gap fill
4) $PING Earnings Beat (16.51) upside guidance I see is only 1.5 million more ???
Stock Gaping up +$3 like to see small push at the open through $20-$21 then top it off then slow gap fill fade 2-2.5 points on the gap fill, if this small pulls at the open lower lows set in at $19 take some short and then let the rest fade back and gap fill back to $17.50 and under
5) $AXNX FDA approval on Overactive Bladder Treatment (25.49)
Stock Gaping up +4.50 imo nothing to see here would nibble small short at $29.75 level room to $31 at the open top it off then slow gap fill sell off, if this snaps at the open down 1 point expect and slow downslide all day to $25.75 and under. No one cares about Bladder issues in our society so don’t see this holding up
6) $QGEN Chatter news with TMO (35.45)
Stock Gaping up +1.25 any pop at the open towards $37.50-$38.50 top it off then slow 1-2 point gap fill sell off on it, more it pops better the range for it, if this dumps at the open look for gap fill to $35.50-$35.75 and under then grind out rest of the day
7) $SINA Earnings Miss (41.45) reports everything in-line
Stock Gaping down -$4 long it at $38 pop at the open look for quick push to $40 top it off then slow bleeder back down to lows, if this snaps at the open watch the $35 and under level then look for the stock to rebound 2-4 points on short covering and new buyers coming in.
8) $WB Earnings Miss (52.78) revs flat if not disappointing expect more pull on it imo
Stock Gaping down -$7 would NOT long this unless you see pop at $48 at the open then chase for 1-2 points on short covering, I would love to see smash at the open between $42-$44 and under then bottom curl it then slow gap fill push for 2-4 points or more, I want to play this
9) $CSCO Earnings Miss (48.46)
Stock Gaping down -$3 Typically $CSCO like $ORCL tends to get bought on weakness, so wait for the push to $46 at the open then you can chase some for 1-1.5 point short covering gap fill, if this snaps at open watch the $43-$44 area as shorts will come in and cover for a few points for us
10) $CPA Earnings Beat (107.55) NO MM’s on it yet
Stock Gaping up +7 think this is up a little too much like to see small pop at the open towards $117-$120 if it comes then look for 5-8 point gap fill sell off bottom curl then go long, if this snaps at open watch the $109-$110 area as bottom curl then stock should move back up to pre-market highs, let this set up for us
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Notable Calls:
$RETA Prices 2.4 million at $183 (187.48) Pick some up here traders at $184 room to $182 offering is small love to see this ramp up and push out of the gate towards $190+ more it pulls better the range to the upside I WILL BE PLAYING THIS AT THE OPEN!!!!
$YY Gaped up from yesterday’s sell off (62.83) Gaping up +1 like to see small push at the open towards $64-$65 top off gap fill it back to $63.25 and under then bottom curl then slow all day move to the upside, if this snaps at open and gap fills go long.
