1) $CLWT Crazy stock running on China Talks (3.34)
Stock Gapping up +$5 like to see this push a little more crazy towards $9 possibly $10 spot then watch it top off then slow fader back to $5 and under, this is crazy stupid imo, if this yanks at open to $5.5.50 and under bottom curl it then look to long on it
2) $NLSN said that Blackstone pulled out of Bidding Process/Analyst Defending (26.63)
Stock Gapping down -$3 I like the $24 area LONG and if it pulls at open don’t be too scared more it pulls the better the bounce, imo this should head back to $25.50-$26 I think this is Blackstone just posturing
3) $QIWI Earnings Beat (14.47)
Stock Gapping up +$1 would like to see a little more push at open towards $15.75-$16.25 then top it off then look to gap fill this back down to $14.75 and under, if this pulls at open to $14.75 and under bottom curl it then look to go long on it
4) $MOV Earnings Mixed and Mixed Guidance too (32.63)
Stock Gapping up +$6 IMO any pop at the open towards $38-$39+ would be looking to short the stock and gap fill this back down to $34 and under on profit taking, this is up a little too much imo so watch for the pop and pull on it, if this pulls hard at the open towards $34 and under bottom curl it then look to go long on it for slow all day move to the upside
5) $VRNT Earnings Beat raises guidance (51.54)
Stock Gapping up +$5 like to see more push at the open towards $58+ possibly $60 touch then look to pull it back to $53.50- and under bottom curl it then look to go long slow all day move back to highs, more it pushes better the fade for us, this won’t fully gap fill but should give us enough for a nice bottom curl on it to go long
6) $PVH Earnings Mixed “reaffirms guidance (110.89)
Stock Gapping up +$14 imo this is up way too much, I’d like to nibble small Short at $123.80 area room to $125 top it off then look to pull this back 5-7 Points, think this will see some profit taking early on kick in, so watch for topping after initial pop if it comes, if it pulls hard at the open look for $115-or under bottom curl on it.
7) $FIVE Earnings mixed, believe it or not they issued Downside guidance (120.01)
Stock Gapping +$8 imo I would nibble a few short here at $128+ area room to $130 at the open watch for topping on it then look to gap fill this back down to $122-$123 on the stock, if this pulls at the open simply cover and watch for bottom curl on it then look to go long
8) $ACN Earnings Beat (166.47)
Stock Gapping up +$9 IMO this to me is up too much and I would be eying a nice gap fill back to $168 and under at the open then bottom curl it then slow move to the upside, IF this pops t open again towards $175+ scale in short and short it back down 4-6 points, ideally I would like to see $168 on the stock or lower before longing it
9) $LULU Earnings Blow-OUT again WOW (146.80) SHORTS are going to get run over!
Stock Gapping up +$21 I like to see small pop more at the open towards $170 area then look to gap fill fade this back down to $158-$161 and under, imo once this sells off we will see a 5-10 point pullback on profit taking then watch for the bottom curl on it, imo this is up a little too much up here but don’t get in to early on the short side of it, let it push a little more then we nail
10) $BA Think with yesterday’s positive news that $BA heads back to $380+ today (374.21)
Stock Gaping up + $1.40 like to see small push at the open to $377+ then watch for quick pullback on it towards $371-$373 area scale in LONG for a nice slow all day move back to highs. IMO this is good news for $BA and I think we see some recovering on the stock today
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Notable Calls:
$LITE Gaping up this morning on continuation towards $56-$57+ (54.88) Gaping up +$1 I would like to see small push at open towards $56-$56.25+ then scale in short and look to gap fill this back down to $54 and under then bottom curl this slow all day move to the upside on it
$MYOK #Offering yesterday still getting filled at $51 area (51.00) would look for a pull to $50 area and under then look to long it and look for a push to $52+ on it then it should fade again
$AMRN Still gaping up off of yesterday’s News (18.08) Imo this should simply sell off and head back to $18.50 and under so any pop at the open towards $19.75-$20 imo would be nothing more then a slow short fade
