1) $CLVS Gaping up on $TSRO buyout (17.35)
Stock Gapping up +$6 would scale in short at $23 level room to $24+ at the open look for a nice fade on this back down to $19 and under. Be patient, this will fade off today.
2) $MOMO Market up China news up on this (31.35)
Stock Gapping up +2.5 like to see more at the open let it push through $35+ watch for topping then look to gap fill this back down to $$32 and under. then bottom curl it then look to go LONG on it
3) $BZUN Market up China news up on this (35.27)
Stock Gapping up +$3 let it rip a little more at the open would prefer to see $39-$40 or a little more top it off then look to short it and gap fill it back down to $36.50 and under, higher it pops better the fade imo
4) $ROKU Tech up Market up ROKU up (40.75)
Stock Gapping up +$3 wait for the pop at the open towards $45+ if it comes then scale in some short and ride it back down to $41.50 and under higher it pops better the fae if this pulls and sells off at the open watch that $41.50 area and under bottom curl it then look to go LONG
5) $GBT “Plans” to submit NDA after FDA agrees with proposal (31.54)
Stock Gapping up +$14 this has huge short interest and I want this to short no doubt so I nibble a few at $45 but this has room for $50-$55+ at the open once this tops off I will add and ride this all the way down back to $36-$38 area No way this holds this is all about waiting for the top to set in.
6) $WB China play on Great news gaping up (63.68)
Stock Gapping up +$4 I like to see this pop a little more at the open towards $69-$70 if it comes then scale in short and gap fill this back down to $64.50-$65 and under on profit taking, higher it pops better the fade on it, if this yanks at the open to those areas simply cover your short watch for bottom curl then look to go long on it
7) $SQ Market up $SQ up tech up (69.84)
Stock Gapping up +$4 I like to see more pop at the open maybe we get $75+ on it then top it off then look to gap fill this back down to $71-$72 or under then bottom curl it then long it back to highs, this will react fast at the open, I would prefer pop and drop then long on it.
8) $ARGX positive phase 2 data and signs license agreement with J&J (96.77)
Stock Gapping up +$10 I would like to see more push at the open maybe thru $109-$111 area or more then watch for topping then look to gap fill this back down to $100 and under then bottom curl it, higher it pop better the fade imo. $ARGX tends to sell off on news so watch for the lower lows to set in
9) $CAT This is the big one traders this is the one that will pop on China News (135.67)
Stock Gapping up +$6 I would like to see this run to $145+ then watch for topping on it then look to gap fill it back down to $140 and under then bottom curl it, higher it pops better the fade on it. If it pulls at open and gap fills to $140 and under, no worries just long it
10) $NFLX Gaping up BUT already trying to fill the gap (286.13)
Stock Gapping up +$10 I would like to see small pop at the open towards $298-$300 then top it off then look to gap fill this back down to $290 and under on profit taking, if this pulls at open to $290 area and market holds bottom curl it then look to go long on it
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Notable Calls:
$BA Market up huge + Positive article at Barron’s (346.76) Gaping up +$14 I like to see a little more pop at the pen towards $363-$365 if it comes then look to scale in short and fade it back down to $355 and under, I like to see this sell off some after initial pop
$BIDU China Talks gapping it up huge (188.28) Gaping up +$8 I like to see some sell off after initial pop at open, took a nibble short at $196 will give it room at the open stops at $200 like to see this sell off to $192-$193 area before bottom curl.
$APHA Small cap stock down -45% cause of short seller report, (8.50) would nibble a few LONG at $5.80 look for a quick bounce at open to $7 then top off then look to short it, more it pulls imo the better the bounce, I took a few starter down here will give it room to $5 and under
