1) $NCTY Collaboration with Faraday to sell and distribute electric cars in China (2.52)
Stock Gapping up +100% like to see small pop at the open towards $5+ then top it off then all day fader on it back to $3 and under, imo this is nothing but fluff, I like to short it now but its faded quite a bit so lets see if it pushed first at the open then we nail it short for all day fader
2) $REPH received 2nd CRL Letter 2 downgrades to $9 PT (9.71)
Stock Gapping down -50% I would like to see this pop at open through $6-$6.50 then top it off then look for slow all day fader on it, if this yanks at the open hard to $5 and under under watch for bottom curl on it then look to long it
3) $AVYA “Considering” Buy out Leverage (13.21) I’m considering eating dinner tonight
Stock Gapping up +$4 let it rip on chasers to $18-$20 at the open watch for topping then slow all day fader back to lows, like to see this gap fill to $15 right now its strong so let it rip then we will top it off and short it
4) $AIMT Positive Phase 3 “Peanut Allergy” LOL (21.48)
Stock Gapping up +$1.75 like to see this small pop at the open if it can get to $24.50-$25.50 that would be great for a nice slow short gap fill back to $22, Higher it pop at the open better the short, if lower lows set in right at the open then simply short it and gap fill it back down
5) $VIAB Reach distribution deal with AT&T (25.34)
Stock Gapping up +$1 I like to see this small pop at the open towards $27 then top it off and fade it and gap fill this back to $25.50 and under, if this pulls or sells off at the open to $25.50 and under go LONG on the stock should be fun
6) $NUS Stifel downgrades this to SELL with a $43 PT (49.28)
Stock Gapping down -$1.5 I like to see this pull at the open hard to $45-$46 then look for a nice 2-3 point bounce in it LONG then top it off and short it, if this gap fills back to $48.50-$49 scale in short for an all day fader on it.
7) $AKAM Deutsche Bank cuts this to sell with a PT of $58 (71.23) BIG CUT
Stock Gapping down -$4 I like this, watch for a pull at open to $65-66 then go LONG and bounce it back up towards $69-$70 then scale in short for an all day fader this will get hurt on this call, if this pulls hard at open bounce it, I like this to simply gap fill some then look to short the stock
8) $BIIB announces an additional 5 Billion BUY Back (216.71)
Stock Gapping up +$3.5 I like to see this small pop at the open possibly to $225+ area then slow fader imo this is nothing more then a last minute ditch to try and get investors to buy the weakness, If this yanks at the open hard back to $217 and under go long and bounce it. IMO this should simply pop and fade for the day
9) $SRPT positive update on slide deck for Micro study 101 (122.26)
Stock Gapping up +$5 imo $SRPT tends to fade their gap ups so I would nibble a few SHORT at $127 room to $129 at the open look for a nice gap fill to $123 and under then bottom curl it then slow move to the upside on it
10) $BA another day another gap up/down (362.17)
Stock Gapping up +$2 like to see small push at the open towards $367-$370 then top it off then look for a nice fade to $360 and under then bottom curl then slow move back to $365 imo I like to see this trade between $360-$365 most of the day. Remember $365 is a main level
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Notable Calls:
$TSLA RBC downgrades this stock and cuts PT (264.53) Gaping down -$7 I would like to see small pop at the open towards $260-$262 on some short covering then top it off then slow fade, if this pulls hard at the open watch the $255 level then look to go long
$LITE Looking for continuation on JPM Call (52.84) Up +.16 would like to see this move back up towards $54.50-$55+ so look for any pull at the open as a Buying opportunity to go LONG
