1) $RNN Collaboration with Rexahn and license agreement (5.38)
Stock Gapping up +4 This could get chased a little higher before the final sell off begins, so watch the open it should pull to $8 and under then a buyer come in and push it through $9 then we get the $10-$10.50 look we want then top it off then look to fade it once lower lows set in, this is up strong and volume is their but in the end got to be patient on the topping then we nail the all day fader back to $6 and under.
2) $KMDA Positive letter from FDA addressing concerns (6.12) Nice SHORT JANNI from $7
Stock Gapping up +$.50 I’d like to see chasers push this back at the pre-market highs of $7-$7.25 then top it off and look to fade it back down, imo this is nothing more then a pop and fade, nice Job Janni shorting the $7 in pre-market
3) $WVE Phase 1 clinical trial having some issues on dosage (34.02)
Stock Gapping down -$5.50 I would actually like to see small pop at open towards $30-$31.50+ then top it off then look to fade it back down, IF this pulls hard at the open towards $23-$24 area watch bottom curl on it then look to go long and bounce it for a few points, let this show you at the open what we need to do
4) $ESV Morgan Stanley ups PT to $25 to Overweight (adam jones) (14.85)
Stock Gapping up +.10 would grab a few below $15 this morning, think the stock has bottomed and we could see room to $17+ on this upgrade this morning
5) $CRSP announce positive FDA fast Track (37.15)
Stock Gapping up +$2 I like to see a little more push at the open towards $39.50-$40.50+ then watch for topping then slow gap fill fade to $37.50 and under, if this yanks or pulls at the open and gap fills bottom curl it then look to go long on it
6) $ROKU Needham as promised 3 days ago they would come out & defend + comments (56.59)
Stock Gapping up +$2 like to see some more push at the open towards $59-$60 area top it off then look for some gap fill to $57 and under bottom curl it then look to go long on it for slow all day move to the upside. I’d really like some pull or sell off at the open before considering long on it. so let it set up for a nice all day move to the upside
7) $JBHT Earnings Miss (105.50)
Stock Gapping down -$5 I’d like to see a little more pull at the open towards $97-$98 area or more then look to bounce it 2-4 points then top it off then look to fade the stock, if this pushes at the open towards $102.50-$103.50 consider that the short covering topping on it then look to fade the stock for an all day to the downside
8) $CMI Multiple PT upgrades most Notable Citi today with $190PT to BUY (164.97)
Stock Gapping up +$2.5 I’d like to see a little more push at the open towards $168-$169 area then top it off then gap fill it back to $165.50 and under bottom curl it then look to go long all day slow move to highs, if this gap fills right at open to $165.50 and under go long on it back to pre-market highs
9) $UNH Earnings Beat (230.20)
Stock Gapping +$8 I’d like to see some more squeeze at the open towards $240-$242+ then top it off then look for a gap fill sell-off to the $233 and under if this pulls at open towards $236-$237 you can chase it, it should collapse and hit that $232-$233 area then bottom curl it then slow move back to highs should be fun I’d like to rip it at the open first
10) $NFLX BUYERS coming in on speculation Earnings will blow-out tonight (348.87)
Stock Gapping up +$6.50 I’d like to see small pop at open to $356-$358 top it off then look for gap fill to $350 and under bottom curl then slow all day move back to highs. Let it set up for a nice all day move to the upside, think buyers will come in and simply slowly move it up all day into the close
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Notable Calls:
$BA Another day of volatility (375.46) like ot see small pop at open towards $377-$379 area top it off then the standard pullback to $372-$373 area then look for buyers to come in and give us range, ,more it sells off at the open if it does better the range to the long side
$FB News Mark leveraged user data to compete with Rivals (179.65) gaping down -$1.5 like to see a little more sell off at the open towards $175-$176 and under then bottom curl it then look to go long on it. More it pulls better the recovery let it set up for us
$JMIA (31.91) Gaping up +3.75 like to see small push at open to $36-$37 then look for a nice pull hard to $32.50-$33 and under then bottom curl it then possible move towards $40+ on it today lets let it set up for us like yesterday
