1) $TCON signs collaborative “Pact” with China Firms (2.49) Today’s pump and dump
Stock Gaping up +1.40 DO NOT BUY THIS CRAP UNLESS IT POPS AT OPEN TO $3.75 WITH VOLUME THEN YOU CAN RUN A LITTLE .50 TO $1 BUT IMO THIS IS NOTHING MORE THEN A GAP FILL SELL OFF ALL DAY LONG BACK TO $2.50 AN UNDER STUPID STUPID STUPID
2) $CAMP Earnings Mixed reveals in line EPS below (11.85)
Stock Gaping down -$1.50 I would like to see small pop at open to $11-$11.35 top it off then alllll day fader on the stock, if this smashes at open hard just wait for the $9.50-$9.90 spot look for shorts to come in quick and cover for a quick 1-1.5 points should be fun
3) $X Horrible Miss even worse Downside guidance Cuts dividend (13.36)
Stock Gaping down -1.00 IMO any pop at open close to $12.75-$13 I would scale in and short this allllll day long, imo this should be a $10 stock with what they guided today and also important note they cut the dividend substantially from 5 cents to 1 OUCH!!!
4) $HCAT Raymond James out with a “Strong Buy” Rating with $46PT (30.32)
Stock Gaping up +1.55 Like to see quick pop at the open to $32-$32.50+ top it off then gap fill this back down to $31 and under bottom curl it then slow all day move to the upside, more this pops at open better the range for us on the downside on profit taking, should be fun once $31 comes would be buying 35 calls on it days out
5) $SCHL Earnings Beat “Reaffirms Guidance” (38.55) No upgrades
Stock Gaping up +4.50 would like to see small squeeze at the open to $44-$45 then lean into it short for a nice gap fill sell off to $40 and under, bottom curl it then slow all day move back to pre-market highs, if this snaps $42.50 at the open chase the short to $40 and under, imo this shouldn’t be up this much, but like to see if it pops first to get better range for the downside
6) $AIR Earnings Beat in-line guidance (45.67) nothing impressive on the report
Stock Gaping up +4.10 like to nibble some short at $49 area give it room to $50 pop at the open like to see this gap fill back down to $46-$46.50 and under bottom curl then slow move to the upside, imo this shouldn’t be up this much, More it pops at the open better the range to the downside for all of us to nail
7) $WGO Surprise Earnings Beat (48.14)
Stock Gaping up +2.60 Like to see this squuuuuuueze more at the open towards $52+ then top it off for a quick 2-3 point pullback then bottom curl then slow all day move to the upside, IMO this will NOT gap fill at all so don’t look for that, look for push at open then small flush on profit taking then all day move to the upside
8) $KMX Earnings Miss (98.79)
Stock Gaping down -$4.10 do not long this unless you see $96 pop at the open then you can get 1-1.5 pt more then the stock should sell-off if this snaps at open under $90 watch that bottom curl on it then shorts will come in and cover for you for some nice points, REMEMBER THIS HIT $100 THIS MORNING, SO IF IT GETS THROUGH $96 WE SEE $98+ QUICK
9) $FFIV Buys Shape Security for 1 Billion in Cash (143.69) look for some diluting today
Stock Gaping down -$10 I like to see all day sell-off on this to $127-$129 area then look for a nice 3-5 point bounce on it then grind out, IF by chance this pops and gap fills to $137+ top it off then look for all day fader on it back down to lows. This should sell off all day long and note, multiple PT cuts temporary because of the 1 billion dilution $FFIV needs to do to buy Shape
10) $NFLX Another day, another gap another step closer to $340+ (332.22)
Stock Gaping up +2.20 Looking for 3-5 points more to the upside or close to $340 on it today, Look for the initial pullback to $331-$333 and under bottom curl then slow all day move to the upside
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Notable Calls:
$MNPR Yesterdays crazy IPO (26.50) Gaping down -$4 would nibble some at the $22 range stops at $20 looking for the stock to push towards $30 today with some decent volume. Once and IF $30 comes we should see $35 fast on it. If this snaps at $20 and under do NOT buy unless we see that push with volume like yesterday, should be fun today
$TSLA This is just on a tear lately gaping up more the BA not so good NASA launch today (404.04) Gaping up +$6 like to nibble some short here at $410 level room to $412 pop at the open then look for the stock to gap fill to $405-$406 level bottom curl then slow all day move back through pre-market highs
$MYOK Citi out with “Top Pick” with $87PT (68.83) NO MM’s on it yet, watch for quick open pop to $70-$71 then gap fill pullback to $68.50 and under bottom curl then slow all day move to the upside, Worth noting this was leaked out yesterday and was bought up so watch for the profit taking to take it down back to $68.50 before legging up
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