1) $APVO Clinical Trial Phase 1 data positive (6.30)
Stock Gapping up +2.00 do not long this unless pop at the open to $8.65 clear that then look for a push for 1-1.5pts to the upside then be done with it, if this small pops at the open can’t clear $8.50 with volume stock will simply fade all day right back to $6.50-$6.75 and under for you short sellers

2) $PACB Earnings Miss (13.25)
Stock Gapping down -1.25 do not long this unless pop at the open to $12.10 clear that then quick .50-.75 cent move to the upside on it, if this snaps at the open watch the $11-$11.25 and under then bottom curl it for a solid 1-1.25pts to the upside more it pulls better the range to the upside on it

3) $AIV Earnings Miss (32.12)
Stock Gapping down -7.10 do not long this unless pop at the open to $25.50 clear that then solid move for 2-3pts to the upside and then be done with it, if this snaps at the open back to the $15 level look for pull to $13.50-$14 area then watch for shorts to cover for nice 5-7pts this one is a little tricky

4) $GWPH Earnings Beat (89.29)
Stock Gapping up +5.10 do not long this unless pop at the open to $97 clear that then quick move to $100-$102 on it then look for the solid gap fill short on it, if this snaps at the open $95 and under chase it short and bring it down and gap fill it to $91 and under then bottom curl it for slow move to the upside, IMO this should sell off today to $91 and under so I will be watching for that

5) $INSP Earnings Beat (121.75)
Stock Gapping up +20 do not long unless pop at the open to $143 then look for another move to $148-$152 on it then watch for topping and look for a nice 10-12pts sell off on it, if this snaps $139 at the open chase a few short down for another 8-10pts then cover and be done with it, this will NOT gap fill

6) $PYPL Earnings Mixed (187.76) Most analyst are saying BUY the weakness
Stock Gapping down -10 do not long this unless poop at the open to $177 clear that then quick move for 5-6pts more to the upside then let it grind out, if this yanks at the open hard watch the $170-$172 and under for bottom curl and slow move to the upside, should be fun

7) $SEDG Earnings Miss (267.72)
Stock Gapping down -50 do not long this unless pop at the open to $220 clear that then quick 5-10pt move or more on short covering squeeze this is down -50 so we should get at least 5-10pts on it if this snaps at the open watch the $205-$208 area for bottom curl on it then we can short cover squeeze it back for at least 10-15pts I will be playing this today

8) $W Earnings Beat (255.64)
Stock Gapping up +20 love to see this gap fill before the open and possibly pull to $245-$250 and under then look for the solid buying to come in on it, more it pulls better the range to the upside, if this pops at the open watch the $262 area take a few long to $270-$275 and be done with it, I will be playing this one today

9) $BABA China temporarily suspends ANT #IPO (310.84)
Stock Gapping down -25 I love the $282 area for $BABA to bounce off this sell off, so lets see if it pulls again at the open would love $279-$281 to be honest and bounce it nice, more it pulls better the range for all of us to the upside, if this pops at the open needs to clear $295 get that then look for move to $300-$302 or more to the upside on it. then let it grind out

10) $ANET Earnings Beat (216.12) Most analysts put this at $240-$270 PT
Stock Gapping up +28 do not long this unless pop at the open to $245 clear that then get another 5-8pts more to the upside on short cover squeeze, then watch for topping if this snaps $241 at the open chase some short and bring it down 10-12pts or more to the downside, this will not gap fill so don’t try for that

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Notable Calls:

$TSLA another day of fun (400.51) Gapping up +11 do not long unless pop at the open to $412.50 clear that then look for another 5-7pts to the upside, I would prefer the pullback back down to $404-$406 and under then bottom curl it for a nice slow move to the upside on it

$ZM another day of fun (453.00) Gapping up +6 do not buy unless pop at the open to $460 clear that morning pop then get at least 10-15pts to the upside then watch for topping then possible slow fader back down to $440-$445 and under on it More it pops better the fade. BUT …..if this hits $475 and keeps going would be nice to see $480-$485 let’s see how it opens today If this pulls at the open to $445-$450 and under watch for shorts to come in a cover like yesterday

 

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