1) $BBBY Earnings Disaster (14.85) Kramer on CNBC pumping the stock to BUY at $11
Stock Gapping down -$4 would nibble some at the $10.90 are if it goes most you would see is push to $12-$12.50 tops then look for an all-day bleeder on it, if this yanks at the open to $10 and Under I would be a buyer and even consider holding for a few weeks on the weakness

2) $CPSI Earnings Beat (27.88) Up thin NO MM’s on it yet
Stock Gapping up +2.60 if this pops an maintains $30-$31+ scale in short and look to gap fill this back down to $28-$28.50 and under, more it pops if it does better the range for us to the downside if this yanks at the open and gap fills to $28.50 and under then look to bottom curl it then go long on it

3) $NMIH Gapping down on Earnings Miss (35.57)
Stock Gapping down -2.60 like to see small pull at the open to $30 and under then bottom curl it then slow all day move towards $32-$33+ then scale in short on it if this pops at all at the open towards $34 scale in short and look for an all-day fader on it

4) $NSP Earnings Miss (89.08) I want to play this today ST is out $112 PT Baird out with $70
Stock Gapping down -19 I like the $70 area as a nibble long think the stock will come down a little more to $65-$67 then bounce there to $72-$75 on it. If you want to wait for the open and it pulls to those areas then long it on the bottom bounce, if you take now at $70 we need a quick push at the open and we get the $72-$75 areas.

5) $CYBR Earnings Miss no #Analyst Comments (138.60)
Stock Gapping down -$12 do NOT BUY this unless you see a push at open to $130 then quickly move to $133-$135 then all day fader on it, I would prefer a nice pull at the open towards $117-$119 area then look for shorts to cover this and push it back 4-6 points on short-covering on it. The more it pulls (if it does) the better the range for us to the upside

6) $ROKU Gapping up on NO NEWS again (137.00)
Stock Gapping up +4 like to see a little more pop at the open towards $141.50-$142.50 then lean into it short and look for a gap fill pull to $139 and under then bottom curl it then slow all day move back towards $145+ I will be playing this today, I want a small pop before scaling in short like yesterday

7) $ABMD Mixed Analyst Call today MS out with $165PT and Piper out with $240 PT (175.82)
Stock Gapping down -$5.82 do not BUY this unless you get a quick $170.50-$171 pop at the open then quick push to $173+ then top it off then all day sell-off grind lower on it, if this snaps at open watch the $165 and under then scale in long and play the short-covering bounce for 4-5 points on it

8) $NVDA another upgrade or 2 into Earnings this time with $310 PT (267.89)
Stock Gapping up +4 let this rip a little more at the open towards $273 area then scale in short and look for this to pull down to $269 and under then bottom curl it then slow all day move towards $275+ More this pops at the open better the range for use on the pullback, I will be playing this today all-day

9) $SHOP Blowout quarter hit on ALL cylinders (492.75) Thick volume this morning
Stock Gapping up +60 PTS do NOT SHORT this unless you get a snap at open at $555 then you get a quick 8-11 points on the downside, this will NOT gap fill so forget it. I would prefer a nice pop at open to $560-$565+ area then scale in a few short for a nice 10-20 point profit taking sell-off if you take now at $562 give it room to pop traders. IF YOUR NEW TO TRADING DO NOT TOUCH THIS!

10) $TSLA another day another day to play for us (774.38) Stock is being held nice up here
Stock Gapping up +5 I would like to see small pop then pullback to $755-$760 at the open then a nice 10-12 point push and grind out, if this pushes at the open I don’t see more then $785-$790 before it sells off 10-20 pts so let it show you at the open I WILL BE PLAYING THIS TODAY

____________________________________________________________________________
Notable Calls:

$WYNN BofA out drinking the Koolaid with a BUY rating and $150 PT LOL (131.99) Gapping up 5 points You can take some now short but give it room to pop at the open. IMO now is not the time for this upgrade. However let it pop a little more at the open towards $138-$139+ area then lean into it short I like to see this gap fill back to $132-$133 and under then bottom curl it, in the end, this should simply gap fill on it

$KRNT Earnings Mixed but multiple upgrades on PT to $46-$47 (43.00) Gapping down -$2 would buy anything at the $40-$41 levels if it comes and looks for a nice 2-3 point bounce on it. should be fun More it pulls better the range for us to the upside

 

Copyright © 2020 by Awesomecalls Inc.

No part of this content may be reproduced, distributed, or transmitted in any form or by any means without the prior written permission of the publisher. Full legal action will be taken. ALL RIGHTS RESERVED