1) $BA continuation from yesterday as more concerns come in from analyst (400.01)
Stock Gapping down -$-$14 would love to see a sell off to $375-$380 and under then bounce it for 3-6 points more it pulls better the bounce, I think this will sell off today and do opposite what it did yesterday but have bounce on it
2) $ADT Earnings Miss (7.59)
Stock Gapping down -$1 would love to see small push at the open towards $7+ then look to fade the stock back down for a nice fader on it, if this pulls at the open to $6 area and under would go long
3) $AKBA top line results on 2 Phase 3 studies (7.34)
Stock Gapping up +$2 would like to see a small push at open with a fresh buyer to come in to $10.50-$11.50+ then watch for topping on the stock then look to fade it, if this begins to slide at the open look for possible fade back to $8 and under, imo this should run some at the open then fade off News is good
4) $SFIX Earnings Beat (26.98)
Stock Gapping up +$8 would like a little more push at the open towards $35-$36 then look for some topping on it then look to fade this on profit taking to $29-$30 on the pullback ,this should not fully gap fill but investors will want to cash out some on it so look for a topping on it then the sell off, if this pulls at the open to the same area go long on it
5) $MOMO Earnings Beat (32.55)
Stock Gapping up +$3 would like to see a little more push at the open towards $36.50-$38+ then watch for some profit taking pullback to $33.50 and under then bottom curl it then look for nice all day slow move back to highs, if this pulls at the open and gap fills to same area go long
6) $DKS Mixed Earnings on strategic investment (38.89)
Stock Gapping down -$3 would love to see this dump a little more at the open towards the conference call in 30 mins but would nibble a few LONG call is 30 mins I think the CEO will want to push this back up at least 1.5-$2 points should be fun
7) $BPTH Offering 18.5 Million at $25.95 (32.44) This is nothing at all compared to volume
Stock Gapping down -$6 would be a buyer on the weakness at $27 and under should fly at the open for at least a quick gap fill this pricing is a drop in the bucket, if this pulls below the offering would be a buyer for the range play push
8) $COUP Earnings Mixed (93.57)
Stock Gapping up +$4 would like to see small pop at the open towards $98-$100 then look for a nice gap fill pullback to $94 and under, more it pops better the fade for us to the downside. Let it pop top off then look to fade the stock
9) $FFIV to acquire NGINX for 670 Million (162.09) Note* JPM has a Neutral on the stock
Stock Gapping down -$7 would nibble a few long at $154 area room to $152 then look for some gap fill push at the open towards $158+ then top it off then look for a nice fade on the stock
10) $TSLA Gaping on Elon getting lawyers on his side to fight SEC (290.92)
Stock Gaping down -$3 would like to see small pop at the open towards $290 then look for a nice sell off on it to $285 and under, if this pulls hard at the open to $280-$282 area look for a nice 3-5 point play to the upside before fading it
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Notable Calls:
$ORGO Clinical Trial Presentation going on (10.19) Gaping up +$2 would like to see a little more squeeze at the open STOCK has room to fly at the open could hit $15-$17 before coming back down if this pulls at all at the open watch for lower low to set in and look for this to fade back down to $11 and under, let it set-up look at the chart traders this has room to push at the open!
$STMP announce a 60 million stock repurchase(88.31) Gaping up +$2.50 imo this should push at the open towards $91-$93 then look for some gap fill pullback back down to $88-$89 and under then bottom curl then slow all day move to the upside back to pre-market highs,
