1) $COTY HUGE Earnings Beat (7.06)
Stock Gapping up +$2 I like to actually short this at the $9 level give it room to $10 but I like to see this get some profit taking to come in and take it down to $8 and under, if this pulls at the open $8 and under I would be a buyer on that and slow all day move to the upside
2) $MAT Earnings Beat (12.36)
Stock Gapping up +$2.5 I like to see a push to $15-$15.50 then watch for topping on it then look for the short side of this and bring it back down to $13.75-$14.25 a lot of bag holders will want to cash out on this, but wait for the push at the open then top it off then look for this to come down at least 1-2 points on profit taking.
3) $VCRA Earnings Disaster (39.69) Played it at $30 to $31.80 this morning
Stock Gapping down -$9.5 points, I would love to see this yank at the open below $30 then I will scale in long and bounce it 3-4 points for short covering, if this pops at open I don’t see any more then $33-$34.50 so watch for the shorts to come in on it and you can chase it to the upside and get those points for quick money,
4) $CARB Earnings Disaster (29.30) They should sell themselves and get out of the biz
Stock Gapping down -$6 I think this will have a small pop at open maybe 1-2 quick points, but I feel this should simply sell off down to $20-$21 area today, if this yanks at the open to those areas I would be a buyer on that for the 2-4 point short cover bounce then re-short it, if this pops at all towards $27+ area I would be a short seller on it
5) $SYNA Earnings Miss (40.86)
Stock Gapping down -$3.86 would nibble a few LONG at $37.50 area room to $36 at the open stock should push to $38-$39 level for quick money then top it off then look for the fade on the stock back to lows, if this pulls hard at the open to $35 area look to long it for 2-3 point bounce
6) $SKX Earnings Beat (27.70)
Stock Gapping up +6 I like to see short squeeze to $34-$35 area more it pops better the fade for us, I am looking for this on the short side to $30 and under if it comes, Stock is strong this morning, so let it push, we will top it off then look for that 3-5 point fade on it with profit taking
7) $VSAT Earnings Beat (65.26)
Stock Gapping +$8 would nibble a few short at $73 stock has room to $75 then watch for topping on it then look for a nice gap fill pullback fade to $67-$68 and under.
8) $GRUB BofA with a BUY rating and $108 PT (82.27) Nice 2point play this PM Janni
Stock Gapping up +$3 like to see small pop at open maybe to $87 area then look for a nice pullback to $82.50-$83.50 then bottom curl it then look to go long on it, I would love for this to dump so we can play it today with range, so higher it pops better the pullback for us to play it on the short side down then the long side up.
9) $COLM Earnings Beat (92.45)
Stock Gapping up +$12 I would nibble a few short at $103.50 area room to add at the open then look for this to gap fill to $95-$97 then watch bottom curl on it then look to go long on the stock
10) $UBNT Earnings Beat (107.28)
Stock Gaping up +$12 I like to see a little more push at the open towards $122+ area then lean into it short and look for a nice 5-8 point pullback on profit taking, this is up thin, so should squeeze then start to come down
$HAS Earnings Miss (90.25) Gaping down -$9.5 FYI this will be bought back up in Pre-Market during the conference Call CEO always brings investors confidence look for a push to $90-$91
$NFLX Gaping down on Market (344.71) I would nibble a few LONG here at $340 level room to $338 stock should bounce to $344+ then look for topping then look to sell this off if the market trends down, if this pulls at open to $338 and under I would be a buyer on the short squeeze weakness