1) $AVLR Nice Earnings beat BUT JPM out HUGE with a $64PT from $38 (43.78)
Stock Gapping up +1.5 (45.25) stock should see just under $50 in Pre-Market up thin, so I will wait for the pullback to at least $44.50-$45 and under then scale in LONG #SWING this towards $52-$55 on it. This is a great stock but already people chasing it hence the $48.50 POP
2) $CRON I like playing this daily like $NFLX (19.67)
Stock Gapping up +.35 would prefer a nice sell off on the stock to $19-$19.25 area or under, just wait for the pullback then bottom curl it then look to go long on the stock for a nice 1-1.5 point
3) $EXEL Earnings Beat + Nice 1.5 points win into #earnings last night (21.68)
Stock Gapping up +1.5 POINTS would prefer a nice sell off to $22-$22.25 and under then bottom curl it then look to go long for a nice slow all day move towards $24+ on the stock.
4) $BABY Earnings Disaster (29.87)
Stock Gapping down -$6.87 would nibble a few LONG $23 area room to $21 then bounce it to $25-$26 then top it off then look for a nice all day fader on it, Higher it pops better the fade for us all, if this dumps to $20-$21 I would be a buyer for the short covering squeeze on it
5) $CRTO Earnings Beat (25.66)
Stock Gapping up +$5 would like just a little more push at the open prefer $31-$32 area then scale in short then look to fade this back down to $27 and under then bottom curl it then look to go long on the stock for slow all day move back to highs. Watch for the quick push at the open then the sell off on it.
6) $DOCU Deutsche Bank out with a $65 PT from $50 (52.66)
Stock Gapping up +$2 I would prefer small pop at the open followed by a nice sell off gap fill to $53-$53.35 and under then bottom curl it then look to go long on the stock for a slow all day move to the upside towards $55-$56+
7) $TRIP Earnings Miss (60.39)
Stock Gapping down -$3 would like small pop at the open towards $58-$58.75+ then top it off then look to fade the stock slow fader back to lows, if this pulls hard at the open to $55 and under look to long it for a few points then short it for the rest of the day
8) $QLYS Earnings Disaster and downgrades galore (96.41) seeing $80 PT Traders
Stock Gapping down -$17 would nibble small around $79 area look for the quick short covering pop at the open towards $83-$86+ then watch for topping then we can nail this short for an all day slow move to the downside, if this pulls at open watch the $75-$76 area on it then we can go long and bounce it for nice points.
9) $TWLO Earnings Mixed, However multiple upgrades this morning on the name (115.29)
Stock Gapping up +$3 like to see small pop at the open towards $120+ then scale in short look to gap fill this back down to $116 and under bottom curl it then look to go long, BE AWARE if this pulls and no buyers at $116 then watch for even MORE pull to $112-$114 and under then go long, stock was $109 this morning, but a HUGE buyer came in and ate up the stock this AM
10) $SHOP Multiple upgrades this morning, see over $200+ (175.55)
Stock Gaping up +$6 would short some at $181 area room to $183+ at the open gap fill it to $177 and under then bottom curl on it then look for slow all day move to the upside through $182-$183+
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Notable Calls:
$NFLX Nice sell off and gap down this morning, didn’t see any news on it (359.97) gapping down -$4 would be a buyer down here at $356-$357 level and pop it out of the gat back to $36-$362 then watch for some sell off on it then bottom curl it then long it, if this yanks at the open watch the $350-$352 area for a nice solid 5-8 point bounce if it does.
$ATVI Earnings Miss + multiple downgrades and PT reductions (41.67) Gaping up +$2 like to short this and gap fill this back down to $41 and under then bottom curl it then look to go long and bounce it for a point or 2. Imo this is up too much as it is and any pop at the open should be a short
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