1) $ADMS Multiple downgrades including Mizuho at $5 PT Cowan at $15 (12.15)
Stock Gapping down -$4.5 would long the pre-market at $8 and under let it gap fill push towards $9-$9.75+ then watch for topping on it then look to fade the stock, if this yanks at open to $8 and under again would go long and bounce it stock has range
2) $AWSM Gaping up on NO NEWS with a few others $NCTY $JMU (3.22)
Stock Gapping up +$1.5 to me this is nothing more then a slow move back down to $3.50-$3.60 and under, if this pops at open at all on no news simply look to pop and fade it,
3) $TGT Earnings Beat (72.67)
Stock Gapping up +$5 would nibble a few short at $77 area room to $78 at the open typically $KSS and $TGT like to give back their gap up gains on Earnings due to Profit taking, so watch for a pull to $74-$75 on it
4) $HUYA Earnings Beat lots of profit taking being done on this already (24.56)
Stock Gapping up +$1 was up past $27 this morning, would nibble small about here long at $25.65 area let it pull at the open a little towards $25 and under bottom curl it then look for a nice whipsaw back to pre-market highs, MORE this pulls better the play for us on the long side, if this pops back to $27 sell right into it from your entry
5) $CTRP Earnings Beat BIG WIN Multiple PT increase Citi/JPM at $$43-45PT (34.99)
Stock Gapping +$5 I like to see a little more push at the open towards $40-$41 then look for topping on it then look for this to give back 3-4 points on the downside and then look for bottom curl then slow move to the upside
6) $SINA Earnings NOT impressive at all missing on the top and in line (67.24)
Stock Gapping down -$3 would like to see small pop at the open towards $66-W then top it off then look to fade the stock for an all day fader on it, if this pulls at the open hard to $60 area or a tad under go LONG and bounce it
7) $WB Small Beat but getting hit today (72.37)
Stock Gapping down -$5 I like a little long here at $67.80 area room to $66.50 area looking for this to pop back through $70-$71 at the open then look to fade the stock back to lows, more this pulls at the open better the play to the long side, so let it set up for us, think this rebound 2-3 points
8) $YY Getting pulled down by $WB Earnings after Earnings Beat (72.04)
Stock Gapping down -.50 Stock was $75+ yesterday and gave up all the gains this morning, would nibble a few long here at $71.30 area room to $70 at the open I would like to see this at the very least head back to $72.50-$73 so watch for that bottom curl on it
9) $KSS Earnings Blowout (66.47)
Stock Gapping up +$3.5 I like to see the stock small pop at the open followed by a nice slow gap fill fade to $68-$68.50 then watch for bottom curl then slow move back to highs, if this pulls hard at the open to $68 and under on profit taking look to go long on the stock for slow all day move to the upside
10) $TSLA Issues in China getting worse for the company (285.86)
Stock Gaping down -5 I like this here LONG nibble at $280 with room to add to $278 at the open look for shorts to cover quick for a move back to $285+ then look for some nice slow fade on the name again, If you go long here NIBBLE cause it could pull quick to $275 before it pops
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Notable Calls:
$NFLX Market pulling this morning some (351.04) I like the stock to small pop at the open possibly to $351-$353 area tops then look to fade the stock most of the day towards $345 area if it pulls hard at the open 4-5 points look to quickly short cover bounce right away for 2-3 points
$MRNS Jefferies upping the PT to $10 (3.56) Gaping up +.38 no harm in taking afew long with room to add to $3.60 on the pull back then look for a slow all day slow move to $4.50-$4.75 let it set up for you
$HTZ Block Trade + Carl Ichan trimmed his position (19.99) Gaping down -$1.50 would nibble the long side at $18.50 look for a pop at the open through $19-$19.25+ then top it off then look for actually a fader on the name now that Ichan is trimming his position
