1) $ACOR FDA approval on INBRIJA (12.94)
Stock Gapping up +2.10 if this pops again through $15+ like it did in pre-market look to fade the FDA approval back to $13.20 and under, higher it pops better the fade if this pulls at open and gap fill then it will simply grind out today after the gap fill
2) $JD Credit Suisse out with a positive note on $JD with $31 PT (21.08)
Stock Gapping up +.50 would take some LONG here at $21.50 area room to $21 at the open $JD does tend to flush so be careful on your size, BUT I feel the stock should rebound back to pre-market highs of $22.40+ so watch the uptrend if you take some now room to add on the long side if it pulls and look for slow all day move to the upside on it
3) $ROKU Market down (27.28) LONG a few at $26.25 and under
Stock Gapping down -$1 would love love love to see $25 and under on the stock today with the market pulling it and I would be a buyer to bounce it, if this pops at open and gap fills sell into the gap but look for the topping scale in short to fade it
4) $SQ Market down (52.51) nibbled a few long $51 area
Stock Gapping down -$1.50 would love to see this flush down to $49 area if it comes I will add to my position looking for a solid rebound to $52-$53 on the stock, if this pops at the open towards $52 area would lean into it short and look to short the stock back to lows
5) $RPM JPM out with an Underweight on the stock and $55PT from $60 (58.38)
Stock Gapping none, NO MM’s on this, My guess is this will open around $55 and under then pop back and short cover gap fill to $56.50-$57.50 then lean into it short and look to fade it all day, if this pops at open anything over $57.50 I would be SHORT SHORT SHORT the stock and look to fade it all day
6) $TWLO Market down (76.15)
Stock Gapping down -$4 would nibble long round $72 area room to $70 at the open look to pop it back to $74-$75 top it off then look to fade the stock for the day, if this yanks at open to $69-$70 I would be a buyer and play it for 3-4 points to the upside. then short it
7) $BLUE I want to play this with the market gapping it down (92.09)
Stock Gapping down -$2 I would love to see $85-$86 on this today, so for me on this stock I will NOT buy it here at $90 I think it will small pop at the open then look to flush it down to $85-$86 area and I will be a BUYER on it and look to bounce it. This should be fun with range today
8) $TTD Market down (106.55)
Stock Gapping down -$4 would nibble a few long at $102 area room to $99 at the open look to bounce it back to $104+ then top it off then look to short the stock, if it pops to $104 at the open I would lean into it short and look to fade the stock back down to lows
9) $SHOP Market down (122.41)
Stock Gapping down -$4.41 would nibble a few LONG here at $118 stock has room to $115 for sure today, if it yanks to that, Then I will be a BUYER no doubt on the $115 area for a solid 3-5 points bounce.
10) $NTES Market down (244.43)
Stock Gapping down -$2 would love to see a solid flush at the open to $238-$239 or more then bounce it 3-4 points then short it again, if this pops at open towards $245+ area watch for topping then look to fade the stock all day back to lows
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Notable Calls:
$BA Market down (304.55) Gaping down -5 I like to see this flush at open to $290-$293 area nibble long and bounce it 3-6 points, if this pops at the open towards $306+ scale in short and fade it if this market continues to sell off. Already nailed +2.75points this morning on it from $299.25 sold at $302
$NFLX Market down (246.39) Gaping down -$4 Love to see a flush at the open to $238-$240 area then bounce it 4-5 points then look to fade the stock, if this pops at the open through $248-$250 watch for topping on it then look to fade the stock back to lows
$NIO will add into weakness today as it heads to $5.50 and possibly under. This is exactly why I waited on this stock. Current average is $6.12 (6.18)
$MRIN watch BTRADES23 calls this out today, think the stock has room to run Don’t think the run is over yet.
$MICT looks like a runner forming
