1) $BOX Goldman out with a $31 PT and a BUY rating (20.75)
Stock Gapping up +$1.20 would lean into it short around $22.75 room to $23.50 pop and look to bring this down to $21 area or under then look to scale in long for a slow all day move back to highs lets this gap fill first then we go long on it
2) $CTL Citi out with a SELL rating and $11PT (15.03)
Stock Gapping down -.50 I would nibble short at $14.47 give it room to pop at the open then look to add into it and look for a slow all day fader to the downside
3) $CTRL Earnings Miss Multiple downgrades and PT Cuts (21.23)
Stock Gapping down -$3 I would nibble around the $18 area look for this to pop at the open towards $20.50+ then watch for topping then slow all day fader to the downside, if this pulls at the open hard to $17 and under I would be a buyer and play the bounce on the short covering that will come in on it
4) $STX Earnings Miss (45.56)
Stock Gapping down -$3 I like to see STX get bough back up today, so watch for any yank at the open towards $41 area and under if it comes then look for buyers to come in and buy the weakness, I think this should end up around $44-$44.50+ before the end of the day, lets see how it opens
5) $RGNX HUGE HUGE Price Target Upgrade from Raymond James $94PT (45.40)
Stock Gapping up +4 would love this to pop and gap fill back down to $46 and under I will be a buyer today on this and may swing this for a few days depending on my entry this should pop at open then gap fill then we bottom curl it then look to go long on it
6) $CHD Earnings Miss (65.37)
Stock Gapping down -$5 I would nibble small at $60 a share area room to $58 at the open think shorts will want to cover this to $63+ area then lean into it short for an all day fader on it. If this pops at the open towards $63+ watch for topping then look for that all day fader to set in
7) $RL Earnings Beat (114.55)
Stock Gapping up +$8 I like to see small pop at open towards $125+ area then top it off then look to short it and gap fill it for 4-6 points to the downside on it, if this pulls at the open and gap fills to $116 and under then look to go long on the stock for slow all day move to the upside
8) $ITW BofA out with a Sell Rating with $124PT (138.41)
Stock Gapping down -$3 I like to see this pull a little more at the open towards $132 area if it comes then look to bounce it back on short covering to $137+ area then lean into it short and fade it for the day, if this pops at open towards $137+ would look to scale in short for an all day fader on it
9) $CNC Earnings Beat (129.97) Tons of PUT activity says otherwise (129.97)
Stock Gapping up +10, Took the -5 point hit this morning on 50 shares but will make it up today looking for a short squeeze pop at the open would love to see it get through $141-$142+ area then I want to scale in short and nail it for quick 5 points on the downside.
10) $EL Earnings Beat (136.17)
Stock Gaping up +$14 would nibble small amount around $150 give it room at the open towards $155 stock normally will pop on short covering then begin to fade, it will come down just wait for the $147-$148 slow slow break then it will start to come down for 4-6 points
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Notable Calls:
$NFLX Like this for range today (351.34) Stock gaping up +$4 I took some short this morning at $355.25 covered at $354.12 I will wait for another pop at the open towards $356-$358 then scale in again and short it and gap fill it back to $352.50 and under then bottom curl then slow move to the upside on it
$ICPT Gaping up 2 points (119.89) I think this will run today so I will ve a buyer on weakness if this pulls at the open under $120 again, I like this to head to $125+ today
$ALLT Earnings Beat Gaping up +.80 cents (7.01) I like to see this pop a little more at the open towards $8-$8.25 then look to gap fill this by .50-.75 cents to the downside on it and get a nice short on it once it pops at the open
