1) $CLVS Positive Trial News (19.08)
Stock Gapping up +$2 let it rip towards $22+ at the open look for topping then another fade back down to $19.50-$19.75 and under higher it pops better the fade as it tops off
2) $RVNC Positive News (20.85) no gap took some long at $20.85 risk to $20
Stock Gapping up to $23 in Pre market all the way down to $20.50 went long a few at $20.85 to me no risk and see if it works its way all day back to $23 pre-market highs
3) $ALDX Yigal out with a $23PT thin stock (9.20)
Stock Gapping up +.80 thin, let it pop at open towards $10.50-$11 then look for a gap fill back down to $9.50 and under then look for bottom curl then look to go long and swing it for a week towards $12+
4) $MOMO Down on Market down (33.08)
Stock Gapping down -$1.25 I like to see small pop at open towards $32.50+ then scale in short and look to fade this back down to $31 and under, want to see how it sets up if this pulls at the open hard then look for a nice $30 bottom on it then bottom curl it then bounce it for a few points
5) $CRUS Getting hit on $AAPL d/g comments (38.67)
Stock Gapping down -$2.50 would take a few LONG at $36.15 room to $35.50 at the open looking for shorts to cover at the open towards $37-$37.50 then look for topping the short it for a potential slow fader today, I like to gap fill this first before shorting it
6) $FSLR Argus out with a BUY rating and $60PT (46.40)
Stock Gapping up +.80 would like to see a smaller pop at open towards $48+ then lean into it short and look to gap fill it back down to $46.75 and under then bottom curl it then look to go long on it, higher it pops better then gap fill on it.
7) $MOV Earnings Beat but reaffirms guidance (36.88)
Stock Gapping up +$4 I like a little more pop at the open but would take a few short at $40.50 I’m sitting on the ask add into the pop and look for a gap fill to $38 the fact they are reaffirming guidance tells me this should gap fill back down after the conference call
8) $COUP Earnings Mixed (68.80)
Stock Gapping down -$4 I like to see this pop at open towards $67+ then scale in short and look to fade this most of the day as market is down, higher it pops and tries to gap fill better the fade for us. Just be patient if this yanks at open let it flush to $63-$64 then bounce it a few points then look to go long on it
9) $DG Earnings Mixed light on Guidance (111.70)
Stock Gapping down -$10 I would like a small move towards $108-$109 then short into the conf call coming up in an hour, then cover then nibble a few long on the call and try and bounce it back up 4-5 pts call finishes short it again, either way imo investors don’t like the guidance on the stock
10) $RH Earnings Beat Raises Guidance (123.65)
Stock Gapping up +$22 I would love to see a short squeeze right at the open towards $150 spot if it comes then lean into it short and gap fill it some back down to $135-$138 area if this yanks at the open gets around that area bottom curl it then look to go long on it once bottom is in. This will be tricky but I’m banking on the pop and gap fill some at the open for quick money
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Notable Calls:
$NFLX Market down will play this through out the day (290.30) Gapping down -2 would like small pop followed by a decent sell off to $285 and under watch for pop and drop through out the day if the market doesn’t hold, will scalp this all day
$WM Goldman out huge with a BUY from Sell rating with $107PT from $84 (93.08) Gapping up +2 I would prefer a small pop to $96+ scale in short gap fill it back down to $93.50 bottom curl then look to go long. I’d like this to fill the gap after initial pop on it
$APHA (6.05) CEO stands behind the company and buys 3.1 mil shares in company: Stock gaping down -$1 getting hit , nibbling a few long looking for a .50-1 bounce on the stock see if it holds $4.50 area if not will cut it off nibbled a few average at $5.21 want to see how it plays out
