1) $ATOS Nice PR this morning with the word “Cancer” in it (1.49) decent volume
Stock Gapping up +.50 I would be a buyer if this breaks through $2.10 spot then with volume let it rip, if this small pops at open then lower lows set in this will be nothing more then a pop and fade, but more the volume in it better the play to the long side. Lets see how it opens
2) $HAIN Earnings miss (17.79) I am a buyer at $14.11 today will sell at $15 when it hits
Stock Gapping down -$3.80 points imo this will be bought up and should close around $15.50-$16 if this pulls at all below $14 I will be looking to buy it and bounce it
3) $LCI Earnings Beat (8.52)
Stock Gapping up +1.80 imo this should gap fill back down to $9 and under then watch for bottom curl then look to go long on it, if this pops at the open, I think it will be short lived and then a swarm of profit taking will kick in and look for it to fade on it.
4) $PSDO Earnings Beat (15.01)
Stock Gapping up +$2 like to see a little more push at the open towards $17.25-$17.60 area then lean into it short and gap fill this back down for 1-1.5points a lot of bag holders on this, so it should fill the gap if you take now, give it room to add
5) $MTCH Earnings Beat (53.08)
Stock Gapping up +$5 I like to see this pop a little more at the open towards $59-$60 then scale in short and gap fill this back to $54-$54.50 and under, IMO we should get a lot of profit taking on this today, so watch for the short side of this
6) $ESTC gaping down on GS placing a Neutral PT is $90 (88.34) “Palmer” @bankthetrade
Stock Gapping down -$5 would nibble a few long here at $83 room to $80 at the open bounce it back to $85-$86 then scale in short on it for a nice fader for the day more it pulls better the bounce on it
7) $GRUB Earnings Miss (83.95)
Stock Gapping down -$13 I would bounce it at $70 and under, if this yanks at open 1 more time to $68 spot I would be a buyer on the stock, in the end I think this should settle around $75-$78 a share
8) $IRBT Earnings Beat…yah yah. think its all smoke an mirrors (89.42)
Stock Gapping up +$13 I like to see this squeeze at the open towards $104-$105+ then watch for topping I’d like to play the short side of this move and walk it down at least 5-7 points, let it set up traders IRBT can squeeze and hit the shorts hard, so let it push before we begin to nibble
9) $IAC Gapping up on $MTCH numbers (206.80)
Stock Gapping up +$10 I like to see this pop a little more at the open towards $220+ then lean into it short and look for a nice 5-6 point pullback to $208-$209 and under then bottom curl it then go long
10) $NFLX Market weak this morning like to small pop & pull (352.19)
Stock Gaping down -$4 like to see small pop at the open towards $350+ then scale in short and ride this down about 5-7 points then watch for the bottom curl bounce on it, should be fun
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Notable Calls:
$ORLY Earnings Mixed (353.62) Gaping up +$8 I like to see a little pop at the open towards $365+ then look to take some short bring it down about 4-6 points on profit taking then look to go long on it for a nice slow move to the upside. If this gap fills at the open then look to go long at $355 and under
$TTWO I like this on weakness today if it touches $90 I will bounce it (92.53) I like to see a little pull at the open towards $90 area then scale in some LONG and nail it for a nice 2-4 point bounce
