1) $NBEV Files for 200 mil shelf offering + announce exp with WMT (4.78)
Stock Gapping up +.70 imo this should be nothing more then a pop and fade back to $5 and under, so let them chase this at the open once the lower lows set in should end up an all day fader on it. This is a tricky stock, and today we are seeing positive news and negative at the same time so be careful with size, stock easily can be manipulated
2) $SNAP RBC ups this PT to a BUY rating and puts $17 from $12 (11.84)
Stock Gapping up +57 cents would nibble some long here is ok at $12.30 area room to add on ANY pullback at the open see the stock SLOWLY heading towards $13.50-$13.75 today, this is a thick stock so it will move slowly today on this upgrade
3) $GNFT Gaping up on stupid HC Wainwright upcoming Conf (23.94)
Stock Gapping up +$2 imo this is nothing more then a gap fill short on this news. The fact its upcoming doesn’t really tell me anything, higher it pops at the open if it does better the short you can take a starter here at $25.77 give it room to add at the open once the lower lows set in this should be able to simply slow fade gap fill back to $24-$24.25 and under
4) $Z Cowan (Tier 3 analyst) tags a $46PT on this stock this morning (37.27) SHORT
Stock Gapping up +$1.80 imo this is nothing more then a gap fill short would nibble SHORT here at $38.90 area room to add at the open look for this to gap fill back to $37.50-$37.70 area annd under then bottom curl it then slow mover back to highs
5) $ZG Cowan (Tier 3 Analyst) Tags a $46 PT on this stock this morning (36.65)
Stock Gapping up +$1.50 nibble a few short here at $38+ area room to add at the open this simply should gap fill back to $36.80-$36.90 area then bottom curl then slow all day move to the upside
6) $ROKU Citi out with a Sell rating and $50 PT wow (63.40)
Stock Gapping down -$3 would nibble a few long here at $60 let some shorts cover at the open towards $61.50-$62 then all day short on it, if this yanks at the open watch the $58 area and under bottom curl it then look to short cover for a point or 2 then slow fader. This should fade most of the day on this downgrade and pt so let it set up for us
7) $SPR Tier 4 analyst cutting the PT to $92 (89.64)
Stock Gapping down -$4 would long the open and let it gap fill back to $87-$88 area then slow all day fader on it, if this pulls hard at the open towards $82-$84 area go long and short cover bounce it back to $87-$88+ then short it More it pulls better the bounce range for us
8) $WYNN Jefferies out with an upgrade on the stock to BUY rating and $170PT (140.94)
Stock Gapping up +$4 would nibble some short here at $145 room to $147 at the open let this gap fill back down to $141-$141.50+ area bottom curl it then slow all day move back to pre-market highs, if this pushes at open to $147-$148 would nail the short on it for gap fill pullback
9) $CLX JPM out with a cut from $159 to $139PT (155.60)
Stock Gapping down -$3 would like to see small pull at the open to $150 if it comes then long it and slow bounce back to $153-$154 then all day fader on it, if this pops and gap fills back to $154-$154.70+ and gap fills then watch for topping on it then slow all day fader on it
10) $BA Getting hit with JPM Downgrades from $480 to $420 (391.93)
Stock Gapping down -$18 would go LONG here some at $373 room to $370 at the open stock should rebound back to $378-$382 at the open on some short covering then slow move back to lows, this stock should fade today, but being already down -$18 let shorts cover at the open top it off then slow fader on it
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Notable Calls:
$TSLA Continuation move to the upside (274.96) Gaping up +$3 would like to see small pop to $278-$279 followed by a FULL gap fill to $275 and under then bottom curl it then slow move to the upside for a move back to $279-$280+
$ALNY Collaboration with REGN “To discover” (92.79) Gaping up +$4 would short this to $90-$91 then look for bottom curl then slow move back to highs, more this pulls at the open towards $90 and under better the long for us for points to the upside
