1) $TLRY small cap pot stock making a nice run (7.82)
Stock Gapping up +1.60 do not long this unless pop at the open to $9.50 with strength then look for quick .50-1.00 or more to the upside, otherwise wait for the pullback towards $8.20-$8.50 and under area then look for bottom curl a slow all day move towards $10+
2) $GPRO Earnings Beat (6.62) Finally the actually beat
Stock Gapping up +2.50 do not long this unless pop at the open to $8.30 with volume then look for quick .50-1.00 on it then look to short the stock, IMO I would simply like small pop at the open then top off then slow all day fader back down to $7-7.25 on profit-taking
3) $GBT Earnings Miss Multiple PT $75 to $101 (60.32) *******I will be playing this********
Stock Gapping down -21 I love the $39 area like to see the stock rebound back to the $44-$46 range or more, if we get lucky and this snaps at open to $37-$39 again or under watch, the bottom curl the key is to stay above $40-$41 for this to get the short squeeze I’m looking for.
4) $NEWR Earnings Miss (65.14)
Stock Gapping down -9 do not long unless pop at the open to $57 clear that with volume then look for nice 3-4pt push to the upside then top it off then look to short it, if this sells off at the open watch the $53-$55 area an under for bottom curl and nice 3-4pt move on short covering to the upside
5) $NET Earnings Beat (58.00)
Stock Gapping up +8.50 do not long unless pop at the open to $65.50 clear that then look for another 3-4pts to the upside then watch for topping and slow move to the downside for 5-7pts or more, if this snaps at the open watch the $63 area then chase some short to $60 and under then bottom curl it and slow move to the upside
6) $AYX Earnings Miss (144.67)
Stock Gapping down -14 IMO this should gap fill some to the upside, I will be playing this, Look for the move to $133 at the open clear that then we should get a solid 4-5pt push off that to the upside for easy money, then look to fade the stock back down, if this pulls at the open watch the $125-$127 area for fresh buyers to come in and buy the weakness for slow move to the upside
7) $IAC Earnings Beat (130.47)
Stock Gapping up +12 do not long this unless pop at the open to $142 clear that then look for a push 2-4pts more to the upside then watch for topping, IMO I will be eyeing the SHORT side of this $IAC tends to sell off 1/2 there gains so if this snaps at the open to $139-$140 chase a few short to $133-$135 area and under then bottom curl and slow all day move to the upside
8) $SQ Earnings Beat (175.23) Multiple upgrades this morning
Stock Gapping up +10 do not long unless pop at the open to $185 clear that then look for a move to $190-$192+ then watch for topping then look for the ideal short for 5-7pts to the downside, if this snaps at all at the open watch the $178-$179 area for bottom curl and slow move to the upside
9) $ROKU Earning Beat Mutiple upgrades this morning (225.06)
Stock Gapping up +10 do not long unless pop at the open to $237 clear that then look for pop at the open to $240-$242 then watch for topping on it then slow fader for 5-7pts to the downside on profit taking, if this snaps at the open I do not see more then $230-$232 area or under then bottom curl and then this should have a nice short squeeze in it back to highs
10) $TTD Earnings Beat (647.30)
Stock Gapping up +95 do not long this unless pop at the open to $740 clear that for another 10-15pt or more short squeeze, if this snaps at the open watch the $725 area and scale in some short I would like to see this gap fill to $675-$695 and under after this HUGE move, this should give back at least 1/2 of the gap up on profit taking so look for that, then cover do not be greedy
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Notable Calls:
$ZM Gapping down (496.73) Gapping down -4 do not long unless pop at the open to $496 clear that then look for solid 10-12pt move to the upside on it then look to short it, if this snaps at the open hard watch the $479-$481 and under for bottom curl and nice 10-15pt bounce on it to the upside
$STMP Earnings Miss (253.52) Gapping down -17 do not long unless pop at the open to $240 clear that then look for solid 5-7pt move to the upside then should just grind out, if this snaps at the open hard watch the pull to $230-$232 and under then look for bottom curl on it for slow move to the upside
$APVO one to watch again today. (21.21) Gapping Flat if this pops at the open to $22 watch for quick move to $23-23.50 then it will snap hard when it comes back down to $18-$19 area and begins to bottom curl one to watch for a solid push to the upside
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