1) $EYEG Meets study primary endpoint for OBG (4.79) Remember its “EYES”
Stock gapping 100% DO NOT BUY THIS UNLESS we get a push to $10 spot with decent volume, then you can chase a few to $11-$13 then it should top off and sell off, HOWEVER, imo this is eyes, and eyes sell-off so I’m watching for small pop at the open lower lows to set in then break $8 then slow all day fader to $5.50-$6 and under

2) $OOMA Earnings Beat (11.15) Thin NO MM’s on it yet
Stock gapping up +2.65 Like to see small pop at open towards $14-$15 then look to top it off then look for nice short for 2 points or more on the profit taking pullback, If this dumps right at the open to $11.50-$11.75 and under bottom curl it then slow move to the upside back to pre-market highs

3) $PSTG Earnings Miss (19.85) Look for shorts to cover at the open on this one
Stock gapping down -4.40 IMO this is down too much, most analyst are keeping the 19-22 PT on it, so would nibble small long at $15.50 area room to $14.50 at the open IF it comes and look for shorts to cover to $16.50-$17.50+ then stock should sell off or grind from there. More it pulls better the range to the upside, but like I said I think its down too much and shorts will want to cover here from $15 area

4) $BKE Earnings Beat (22.20) Thin low volume
Stock gapping up +2.00 Like to see small pop at the open with some volume to $25.50-$27 then top it off then look for nice short gap fill sell off to $23-$23.50 and under, if this snaps at open watch the $23 area for nice bottom curl then slow move to the upside

5) $HIBB Earnings Beat (25.02) slight raise on guidance
Stock gapping up +5.50 Like to see small pop at the open towards $32-$33 then top it off then scale in short and look to fade this at least 2-3 points, if this snaps at open at $30 take a few short and look for nice gap fill sell off to $27.50-$28 area then bottom curl it then slow move back to pre-market highs. IMO this is up way too much

6) $JWN Earnings Mixed (34.32) in-line guidance
Stock gapping up +3 If this snaps $37 at the open take short and gap fill it back to $35-$35.50 and under, if this pops at the open I do not see more then $38-$39 as topping. IMO this should simply pop and fade on profit taking

7) $SCVL Earnings Beat (37.15) not impressed with the upside guidance
Stock gapping up +$2 like to see small push at the open towards $41-$43 then look for some topping then a nice 2-3 point gap fill sell off, if this pulls at open to $38 and under I would be a buyer on the bottom curl then all day slow move to the upside

8) $WSM Earnings Miss (68.75) in-line guidance
Stock gapping down -$3.50 like to see this push and short cover at the open towards $67-$67.50+ then top off then slow fader to the downside, if this pulls hard at the open don’t see any more then $62-$64 as bottom then nibble long for a nice 2-3 point gap fill

9) $ZM Guggenheim Tier 4 Firm out with $90PT (69.92) This will gap fill
Stock gapping up +2.10 would take small short here at $72 room to pop at the open towards $73-$73.50 top it off then look for nice gap fill sell off back to $70.50 and under, if this drops right at the open to $70.50 an under cover your position then bottom curl it then go long back to pre-market highs

10) $SPLK BIG BEAT MULTIPLE PT UPGRADES BIG WIN IN #ACT (126.84) SWING $120 5 days ago
Stock gapping up +11 Like to see this pop towards $140+ on short covering squeeze at the open would not short unless this breaks $136 and snaps that then look for a sell off to $132-$134 and under then bottom curl it then slow move back to pre-market highs. Shorts will get squeezed on this. REMEMBER I GAVE THIS 5 DAYS AGO AT $120 TOLD YOU WHY THIS WOULD BE A WINNER, NEVER FORGET THAT!!!)

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Notable Calls:

$TSLA Horrible Truck debut (354.83) gapping down -$14 I like to nibble some long at $340 with room to $335 to add at the open think this will short cover gap fill back to $345-$348+ more it pulls imo better the range to the upside on short covering. I WILL BE PLAYING THIS ON THE LONG SIDE

$KRTX 1 more day of crazy range on it (79.36) gapping down -2 like to see this move back to $82-$85 at the open then top it off then nice sell off again, like to see this hit $75 today and then look for a decent bottom there, it should be fun, if this snaps at open to $75-$77 I will scale in a few an look to bounce this with 250-500 shares for quick 2-4 points.

 

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