1) $LCI insulin studies met all primary endpoints (8.86) Nothing more then a pop and fade
Stock gapping up +1.20 DO NOT BE A BUYER on this unless you get $10.75 push at the open with 500k buyer or more otherwise this is simply a pop and fade the news back down to $9 and under.

2) $CLVS Highbridge Capital took 6.49% Passive Stake in the company (11.67)
Stock gapping up +1.40 Pretty decent volume, I would NOT Be a BUYER unless we see $13 pop at the open with significant volume then look for quick short squeeze push to $14-$15 area top it off then fade it, if this yanks and dumps at the open to $11.75-$12 spot watch the bottom curl then nice push to the upside

3) $OMER Positive data from pivotal trial on inhibitor (14.37) Nothing more then a pop and fade
Stock gapping up +2.80 IMO any pop at the open towards $17-$18 look to scale in and short it and fade it all day, if this simply dumps at the open to $14.50 and under be a buyer on that and look for a nice 1-1.5 point move to the upside

4) $ZS Earnings Mixed in line guidance (52.80) Cowan noting to BUY the weakness
Stock gapping down -$3.50 would not be a buyer unless we pop through $50.25+ at the open then look for quick push to $52-$53 top off then look for the all day fader on it, if this yanks at the open I would be a buyer at $45-$47 on it for bottom curl then slow move back to highs

5) $KOD Priced its #OFFERING at 6 million at $46 (49.20) Just like I said it would do
Stock gapping up +6 Love for this to push at the open a little more towards $57+ then top it off then slow gap fill fade to $48.50-$49 area and under This was a BUYING opportunity today at $47 this offering is small compared to what and how they traded last few days with volume. ANY sell off or pullback at the open I would love $48.50-$49 and under then watch that bottom curl and go long on it

6) $HQY Earnings Beat (61.24) Positive on the WageWorks acquisition
Stock gapping up +9 Like to see little more squeeze at the open and push to $74-$76 top it off then look for nice gap fill fade to $65-$67 on it, if this snaps at $69 at the open look for a nice flush to $65 and under bottom curl it then slow all day move to the upside, this will NOT gap fill

7) $MCHP Earnings Beat gapping thin (91.87) Not impressed SunTrust raised only 2 dollars
Stock gapping up +4 I would like small pop at the open towards $96-$98 if it comes lean into it short then look to gap fill this back down to $92.50 and under, higher it pops better the range to the downside. If this snaps right at the open to $92.50 and under bottom curl it then slow all day move to the upside

8) $WDAY Earnings Miss (173.50) Gave conservative guidance and Analyst upgrading PT
Stock gapping down -9 IMO this should and will be bought uo today on weakness, so nibble small at $160-$163 levels if it comes, watch that bottom curl then slow all day move to the upside. If you take now at $166 be careful cause it could simply pop to $170 then flush out quick, I would prefer to see a little more pullback at the open before scaling in long for nice slow all day move upside

9) $NVDA CFO says datacenter growth rate accelerating in Q4 vs Q3 (207.66)
Stock gapping up +$4 like to see small pop at the open to $212-$214 levels top it off then look for nice gap fill pullback to $208.50-$209 and under bottom curl it then slow all day move back to pre-market highs, higher it pops better the range for us on the gap short.

10) $NTES Goldman gives nice upgrade to $368 from $300 this is pretty significant (317.32)
Stock gapping up +10 I like to see short squeeze at the open towards $328-$330+ top it off then look for nice gap fill sell off to $319-$320 area and under, More this pushes at the open better range for us on the gap fill short, if this snaps right at open watch the $319-$320 area bottom curl it then slow all day move all day to the upside will give us more range to play it

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Notable Calls:

$SHOP Like to see this small pop and pullback after yesterdays HUGE run. (350.66) This needs to take a breather would nibble small short at $350 area room to $353 pop at open like to see this break $349 then come down to $340 levels and under then bottom curl it then slow all day move back to pre-market highs and more, This imo just needs to come down a little on profit taking then we can resume to the upside on it

$RVNC Prices 6.5 Million at $17 #OFFERING (20.15) gapping down -3 I LOVE LOVE LOVE LOVE this, anything under $16.75 is a BUYING opportunity to day, so look for it, if WE get lucky and see $16.35 and under consider it Xmas and buy that weakness stock should give us a push to $18-$18.50 or more on the bounce

 

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