1) $ICPT Earnings Beat on Broken down stock time to recover (92.76)
Stock Gapping down -1 then it popped hard from $95 I was calling out $110 in Pre-Market then look to fade it, now that it hit, look for a nice pop through $105 then another push on it, if this pulls at the open and gap fills watch the $95-$98 area then look to bottom curl it and go long
2) $RKDA Getting into the WEED business (5.25) Really….lol
Stock Gapping up +$4.5 to me this is nothing more the an all day fade back down to $6 and under, any pop at open is a short opportunity so if you want to take some here at $8 add into $9 if it comes then look to fade it back down for slow all day fader
3) $BOX Earnings Miss (24.88)
Stock Gapping down -$6 I would nibble long around the $19 area room to $18 think this will bounce and short cover squeeze to $21-$21.80+ then look for topping then slow all day fader on it, the more it pops the better the fade, if this yanks at the open think $18 and a tad under shorts will come in and cover
4) $HPQ Earnings Miss (23.85)
Stock Gapping down -$4 I would nibble a few long below $20 room to $19 on the pull think shorts will want to cover this back to $21-$21.75+ then top it off then slow fader, if this pops at open to $21-$22 then sell into it then look to fade it
5) $BILI Earnings Beat (19.82) Nice job all those who took it with me into close
Stock Gapping up +$2 I like the $21.50+ are to be a nice short back down to $20.50 and under on profit taking, a lot of bag holders will be cashing this one out today, so watch for it, if this gap fills to $20.20 and under look for bottom curl on it then look to go long on it
6) $HZNP announce top line Phase 3 results (21.85) HZNP tends to sell off their pops on news
Stock Gapping up +$5 I like any pop at open look for topping on it then look to gap fill fade this back down to $23 and under, imo this is nothing more then a pop and fade the news, if this rushes out of the gate through $28+ watch for topping on it then look to fade it
7) $LB another disaster Earnings (27.40)
Stock Gapping down -$2 I would prefer small pop at the open maybe we get $26.40+ then top it off then look to fade the stock back down to $23-$24 area if this pulls at the open hard to those areas then look for a nice 1-2 point pop off the bottom then re-short it, let this one set up
8) $CVNA Earnings Surprise (41.82) Mixed analyst MS is $21 PT Citi is $65
Stock Gapping up +$5 I would prefer the SHORT side of this trade like the $46-$48 if it pops area to lean into and look to gap fill it back down to $42 and under on profit taking, if this pulls hard at the open watch the $38-$39 level to go long, if this pops big then let it top off and fade it
9) $CELG Negative fallout comments from Bristol Meyers (90.99)
Stock Gapping down -$6 IMO I would be long the stock and simply walk it back up to $88-$89 this is nothing more imo then a buying opportunity on weakness. If this pulls at the open hard to $83 and under again go long.
10) $TDOC Earnings Miss (68.99)
Stock Gaping down -$10 I like this to go long and bounce at the open towards $64-$65 then top off and fade, imo this should sell off but want to get some gap fill first then look to fade it. If this pulls at the open hard to $57-$58 look to get in and bounce it again
$INGN (106.28) Gaping up +1.5 Look for a modest rebound to $109-$110 on the stock, If this pulls at the open watch that $100-$101 area like yesterday and look for a nice bounce for 5-10 points with decent volume, if this pops at open and rushes through $109+ then watch for a decent pullback on it then bottom curl it then go long.
$JD Earnings Beat (25.97) Gaping up +$4 I like to see this simply just sell off today any pop at the open towards $30 imo is nothing more then a short so watch for this to set up, $JD is known to sell of their Earnings gains, I like to see this come back to $26.50 and under once this starts to come down
$RUBI Earnings beat (5.19) Lots of bag holders I like this $6 area as a short and look for this to gap fill back down to $5.30 and under then bottom curl on it then look to go long on it.