1) $ALDX Positive Phase 3 results Met Primary endpoint (7.14)
Stock Gapping up +$4 would like to see a little more short squeeze pop at the open towards $13+ then watch for topping then slow fader back to $9.50-$10 and under. If lower lows set in towards $11 and under hsoul be a nice fade off to $9.50-$10 Let it set up and wait for the pop at open
2) $BBBY Strong buy Raymond James, activists trying to replace entire board (13.87)
Stock Gapping up +$4 Like the news, but I think this is up way to much until the actual board is replaced so I would be eyeing the SHORT side of the stock. Watch for topping once this breaks $16.50 it should be a slow fader to $15, I’d like to see $15 and under on this stock today
3) $CONN Earnings Mixed, not impressed (23.85)
Stock Gapping down -$1 like to see small pop at the open towards $23.50+ then top it off then all day fader back to lows, if this yanks at the open watch the $22 area and under and go long. Keep in mind stock hit $24.60 in Pre-Market so it can run if it does, let it in the end I think this simply fades back to low, their SSS were negative 5% vs. 1% which is having an neg impact
4) $HUNT Closes Merger with NCF Wealth (18.41) Low Float tricky trade so be careful w/size
Stock Gapping up +$11 look for small pop at the open towards $30+ watch for topping then look for a nice 2-4 point gap fill sell off, this is tricky so let it pop first at the open this could go to $32+ if it does it should have a decent short pullback for us to nail a few points on I think this is up way too much imo
5) $AMD Semiconductors UP $NVDA $MU Market up (25.97)
Stock Gapping up +.62 cents like to see small pop at the open towards $27 area then look for this to come down nice and fill a gap to $26.25 and under then look to bottom curl this then slow all day move to the upside would like to see this head towards $28 today
6) $ROKU Should have a nice day in it, also CEO coming on CNBC today (66.90)
Stock Gapping up +$2 like to see this pop at open towards $69-$70 then look for a nice gap fill pullback to $67 and under then bottom curl it then slow all day move to the upside
7) $ARGX Gaping up on NO significant news (123.81) Note $ARGX is like $SRPT always fills gap
Stock Gapping up +$5 would try and get some SHORT at $128+ room to $130 then loo for a nice 2-4 point gap fill pullback then bottom curl it then slow all day move back to the upside towards $130
8) $PAYC Don’t see ANY significant news warranting the Gap Up (183.81)
Stock Gapping up +$6 would lean into this SHORT at $188.50+ room to $190 then full gap fill this back to $185 and under then look for bottom curl then slow all day move to the upside back to Pre-Market highs
9) $NVDA Market up Semi’s up HUGE along side $AMD $MU (173.78)
Stock Gapping up + $6 would scale in SHORT here at $179+ area room to $181 then look for a nice sell off to $175 and under then bottom curl it then look for slow move all day back to pre-market highs and more as this heads to $200+
10) $TSLA Market Gaping nice + Court decision (260.42)
Stock Gaping up +$4.5 would like to see small pop at the open towards $266-$268 then look for a decent 2-4 point gap fill pullback then look to bottom curl this then look for slow all day move towards $270+
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Notable Calls:
$AAPL Market Gaping up (188.74) Gaping up +$4 like to see this pop a tad more at the open through $192+ then top it off then look to pull it back on gap fill to $190 and under then bottom curl then slow move back to pre-market highs
$BA Market Gaping up (370.46) Gaping up +$4 Like to see small pop at the open towards $377-$379 then some nice gap fill pullback to $370-$372 area then as long as the market holds look for slow bottom curve back to highs for all day slow move to $380-$385+
$LITE Should have a nice day in it today My o/n should pay out nicely today. Looking for $LITE to reclaim the $54-$55 spot from a few days ago, will most likely hold for the day (51.74)
