1) $BA unfortunate accident this weekend (422.54) BlackBox has been recovered
Stock Gapping down -$52 will have significant bounces on certain areas such as $370 like this morning in Pre-Market for 5 points, watch for $360-$350 as the main focus on fresh money coming in, although this is unfortunate most airlines should all get a little hurt, watch for significant BUYERS to come in at $325-$350 Levels if it comes,
2) $AXGT Positive Drug Data (1.48)
Stock Gapping up +.62 would like to see this pop at open tor $2.50-$2.75 then watch for topping on it then look for a nice sell off profit taking gap fill back to $1.70 and under, if this pulls hard to the same area at the open look for this to bottom curl and with a BUYER and volume could see little more to the upside
3) $GLBS Gaping stupid up over 100% on NOTHING (4.44)
Stock Gapping up +$6 would nibble short and look for a nice pull at open to $6.50 to $7 area and under this should sell off Traders but be prepared if you get a squeeze at the open for no reason through $10-$11 then top it off and look to fade it,.
4) $PTE FDA has given Polarity an Official VAI Status game changing (13.44)
Stock Gapping up +$3 would like to see a little more pop at the open towards $18 if it comes watch for topping then look for a nice fade on the stock 2-3 points, if this at all pulls at the open and gap fills to $14.50 and under I would be a BUYER on the stock watch for potential upgrades across the board on this news
5) $ELAN Completes Separation from $LLY (29.40)
Stock Gapping up +$2 would like to see a little more pop at open towards $31-$32 then look for some gap fill sell off pullback to $30-$30.25 and under then bottom curl it then look to go long on the stock, more it pulls better the range for us on the upside, so let it set up for us
6) $NTNX Buy rating from Jefferies to $42 PT (34.48)
Stock Gapping up +$1 would look for small pop at the opened followed by a FULL gap fill back to $34.60 and under or more then bottom curl on it then slow move to the upside, more this pulls at open better the range for us on the upside
7) $ORCL Nomura out with a sell rating and $42PT from $54 (52.77)
Stock Gapping down -$1 would be ok to nibble some short here at $51.80 with room to add on the pop at the open with the market pulling down I think this will sell off today to $50 and under
8) $YY Gaping up across the board all Chinese names again (75.94)
Stock Gapping up +$2 would like to see some nice move to the upside towards $78-$80 top it off then look to gap fill this back down to $76-$76.50 and under bottom curl it then look to go long on it, more it pulls at the open if it does and gap fills look to go long on it
9) $NVDA Bought $MLNX for $125 a share (150.64)
Stock Gapping up +$4 I would nibble a few short at $154 try and get $152 and under if it comes fast then look for a little more, but in the end I would be LONG the stock, adding $MLNX to their portfolio is a good win for $NVDA watch for upcoming upgrades
10) $FB Nomura and Barclays out with upgrades Nomura out with $215PT (169.60)
Stock Gaping up +$2 I like to see a little more pop at the open towards $174-$175 area then look to gap fill this back down to $170.50-$171 area and under then look to go long on the stock for a slow all day move to the upside, if this gap fills back to Friday’s close start nibbling long for a nice all day move to the upside
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Notable Calls:
$TSLA Market down plus looks like a Block Trade went through early this morning (284.14) Like to see this pull at the open towards $280 and under then bounce it back to $283-$285 watch for topping then look to fade the stock on the market pulling down, if this pulls at the open hard to $275-$278 watch for the quick 4-5 point bounce on it before shorting it
$SRPT Credit Suisse raised the PT from $189 to $207 (130.80) Gaping up +$2 look for a pop at open to possibly $134-$135 then look for a nice gap fill back down to $131.50 and under then nibble long for a slow all day move to the upside, the more this pulls the better the play to the upside if this gap fills
$UDR Goldman out with a SELL rating and $39 PT from $43 (44.89) Gaping none, imo this will open on a pullback at $42 area and under, if it does GO LONG bounce it 1.5-$2 points then look to top it off around the $44.50 area then look to short it all day for a few days. Let this gap fill before sizing in short on it
