1) $CCNI says to merge with Hire Quest (3.92)
Stock Gapping up +$3 would like sell off and gap fill to $5 and under if this pulls hard at open to $4.50-$4.75 bottom curl it then look to small long for slow all day move towards $5.50+ lets see how this sets up but with no PT on the table this should dump then bottom curl it

2) $PHAS receives Breakthrough for Phase 1 PB2452 (12.57)
Stock Gapping up +$3 like to see small pop at open possibly through $16.25-$17 top it off then look to fade it, imo this is nothing more then a pop and fade the news so look for this to top it off and fade it back down to $14 and under

3) $AVYA Potential BUY-OUT rumors with $25-$30 PT (17.75)
Stock Gapping up +.70 would nibble some long here at $18.40 with room to add at the open towards $18 and under the look for potential small slow move to $20+ on the name today

4) $SJR Earnings Mixed (20.89)
Stock Gapping up +.50 would like to see small gap fill to $21 and under then take a few long at $21 spot then slow all day move back towards $22+ more it pulls under $21 better the range for the upside

5)¬†$ZGNX down on “REFUSAL” to file letter from FDA for FINTEPLA (51.85)
Stock Gapping down -$15 points, I would actually be a buyer on the weakness and be buying 45 Calls weekly, Seeing most analyst cut the price targets but still believe in the stock and the company and Mizuho stating to BUY on the weakness today, if this at all pulls hard at the open towards $35 area and under GO LONG this should and will be bought up from funds no doubt

6) $ZS Credit Suisse out BIG with $75PT from $55 (63.47)
Stock Gapping up +$1 like to see this actually do a small pop at open towards $65-$66 then top it off and gap fill it back to $64 and under, if this pulls at open to $64 and under bottom curl it then look to go long on it for slow all day move to the upside through Pre-Market highs

7) $LNN Earnings Miss revs fell considerably (94.09)
Stock Gapping down -$14 I would nibble small around $80-$81 with room to add at the open looking for shorts to cover this towards $85-$87 then top it off then all day bleeder to the downside. If this yanks at all at the open hard look for the $78-$79 area for shorts to come in and cover, harder it pulls better the range do not be surprised if this yanks to $75 for quick then bounce it for 5-7 points once to watch stock is down BIG

8) $SAP UBS and HSBC both downgrade the stock to Neutral and Hold (114.93)
Stock Gapping down -$3 like to see a little more pull at the open towards $108-$109 area if it comes then slow bottom curl then move back to $112+ if this pops at open at all to $112 then top it off and look to short the stock to the downside

9) $NVS Gaping down on Spin-off of Alcon today on the IPO market (94.93)
Stock Gapping down -$10 I actually like it here at $84 to nibble some LONG with room to add at the open look for possible pull on it to $82 area if it comes looking for this to close out around $86-$87 a share once bottom sets in we should get a decent rebound on it, if you nibble here LONG now give it some room to $82 in case it pulls should be fun on range

10) $BA Getting hit on headlines again this morning +Market gaping down (375.52)
Stock Gapping down -$3 I would prefer a little more sell off at the open towards $365 area if it pulls to it then bounce it to $374-$375+ area then top it off then look for the stock to fade off

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Notable Calls:

$TSLA Market gaping down Security Chief left the company (273.20) Gaping down -$1 would prefer a little more sell off at the open to $268-$270 area if it comes then bounce it for a quick move to $275-$277 area then top it off then look to fade it off.

$PNR Earnings Miss Lowers Guidance (45.26) Gaping down -$5 I like to see a little more pull at the open prefer to see $37-$38 area more it pulls then look for a solid 2-3 point bounce on it, if this at all pushes at the open towards $43-$44 top it off their and look to shot the stock for an all day fader on it.