1) $PDD Earnings Beat (19.84)
Stock Gapping up +$3 looking for this to gap fill back down to $20.50 and under then bottom curl it then look for slow all day move back to Pre-Market highs Take it slow let it set up for us
2) $BZUN Gaping down on Market (31.08)
Stock Gapping down -$1.5 look for this to small pop at the open maybe thru $30-$30.50 then top it off then look to fade the stock off play the bounce then fade it back to lows
3) $LB Cuts dividend investors not happy (34.55)
Stock Gapping down -$3.5 would let nibble small amount at $31 room to add at the open look for po thru $32+ then top it off then resume short back to lows Play the quick pop at the open
4) $MU Baird out with a HUGE UNDERPERFORM rating to $32PT from $75 (36.83)
Stock Gapping down -$3 would take a few LONG at $34 see if we get a quick 1-1.5 bounce at the open then look to fade the stock back to lows should possibly see $31 on it today after it tops out, if this pulls hard at the open look for a pull to $31-$31.75 area then bounce it
5) $ROKU Getting slaughtered today (42.67)
Stock Gapping down -$4.50 would nibble some LONG at $38.25 area room to $37 to add at the open look for stock to touch $40 area then top off it market begins to slide short it back to lows
6) $SQ Nomura upgrades the stock to $107 PT lowers it from $125 (62.97)
Stock Gapping down -$7 would nibble some LONG at $55.50 area room to $54 at the open looking for this to hit around $58+ at the open if it comes, if market sells off top it off and fade it back to lows, take what you can get as it comes
7) $KSS Earnings Miss (71.00)
Stock Gapping down -$9 would nibble a few LONG at $62.25 area then give it room to add at the open towards $60 look for a decent 2-4 point bounce on it towards $65-$66 then top it off then look for more downside on it
8) $TGT Decent Earnings but getting slaughtered on market (77.15)
Stock Gapping down -$9 would nibble a little here at $67.50 area room to $66 at the open look for buyers to come into the name today and look for a move towards $70-$72 area then top it off then look to fade the stock back down
9) $NVDA Getting slaughtered today (144.70)
Stock Gapping down -10 would nibble small amount at $134 room to $132 on the pull looking for a quick bounce on it towards $136-$138 then like the others watch for topping on it then look for another leg down on this. BOUNCE play this one only DO NOT marry it just because its down
10) $NFLX Getting slaughtered today, BE CAREFUL (270.60)
Stock Gapping down -$15 Crazy but this is the market at the moment, take a few LONG small at $254 room to add if it pulls down NIBBLE small only looking for a potential $260+ bounce then should resume lower back to $252 and under, I would prefer to see it get thru $258 to be convinced we can touch $260 plus, PLay small
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Notable Calls:
$APPL continues to get slaughtered (185.85) Gaping down -$7 would nibble small amount LONG at $178.70 look for a possible 2-3pt bounce on it would prefer to see it get thru $179+ to convince me of this then bounce it then watch for topping and look for more lows
$BA Gaping down -$13 would nibble a few LONG at $302 look for a quick 3-5 point bounce at the open possibly through $310 if it comes then look for topping on it then assuming market slides again plan on it hitting $300 and under today Scalp play only DO NOT LONG it and Marry it
