1) $HRTX Received CRL letter from the #FDA $HRTX needs to correct a few things (21.68)
Stock Gapping down -$7 imo this is nothing more then a BUYING opportunity to get the stock below $14 Fresh Buyers should come in on this and we should close at least to $18+ on this slow and steady, all those who bought in Pre-Market enjoy, those who missed remember for next time. If the stock sells off at the open watch the $14 area again and lock and reload
2) $PHUN STUPID PR announce Strategic Partnership BUT NO TERMS Disclosed (8.10)
Stock Gapping up. This is so stupid you announce a deal but not terms, so what if its for $1 you going to put millions in the stock S T U P I D this is nothing more then fluff any pop at the open towards $9 again is nothing more then a pop and gap fill fade back down to $8.25 and under
3) $ENPH Nice beat but more important the UPSIDE Guidance (10.04)
Stock Gapping up +1.70 IMO this should squeeze at the open and get some upgrades today, I’d like to see this push towards $12.75-$13.25 at the open then slow fade on the topping then sell off about a 1-1.5 points. If this at all pulls at the open towards $11 and under on profit taking look to bottom curl it then go long on it.
4) $PCRX Getting hit on the $HRTX CRL letter from the #FDA (39.82)
Stock Gapping up +$6 I would nibble some SHORT at $46 level room to $48 at the open if it pushes and look for this to gap fill back down to $41-$42, I think this is simply an over reaction to $HRTX CRL letter and investors will cash out on this gap up
5) $NUS Earnings Mixed in-line guidance revs BELOW consensus (50.87)
Stock Gapping up +$10 IMO this should squeeze a little more at the open once it breaks $59 and under stock should gives us a decent sell off to $55 and under on profit taking, YOU must wait for the open, if you get in too soon it will squeeze you out. But in the end we should get a nice short on this on Profit taking being up over 10 points on Mixed Earnings
6) $TNDM Earnings Mixed BUT raises guidance well above expectations (61.41)
Stock Gapping up +$7 I would prefer a little more push at the open here towards $69-$71 watch for topping on it then look for this to sell off some towards $64-$65 this will NOT gap fill imo with the guidance but once it breaks through $67 we should get the quick 2-3 points to the downside, let this set-up
7) $MGPI Top line beat but only re-affirm guidance (87.87)
Stock Gapping down -$8 would nibble small at $79 area room to $77 at the open like to see this get bough up back to $82-$83+ more it pulls I think we see fresh investors come in and buy the stock. So keep an eye if this breaks through $80 at the open we should get the push I’m looking for
8) $GRMN Earnings Mixed Re-Affirms guidance (85.74)
Stock Gapping down -$5 like to see this push at open towards $83-$84 then slow fade off on it back to pre-market lows, if this at all pulls at the open hard to $77-$78 I would be a buyer on the stock should rebound back through $80-$82+
9) $TWLO Earnings Beat Raises Guidance (137.14) Moness already upgrading PT to $175+
Stock Gapping up +$5 like to see a little more pop at open towards $144-$145 top it off then get a nice 3-4 point sell off on it then bottom curl it, if this pulls at open and gap fills some to $140 area an under I would be a buyer on the stock
10) ******$AAPL Earnings Mixed (200.67) we should get a nice short on this today.
Stock Gapping up +$12 would be a short seller at $211-$212 area add on ANY pop at the open looking for some profit taking back down to $205 and under on this today, Higher it pops better the fade for us today
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Notable Calls:
$RCL Earnings Beat (120.84) Gaping up +$7 this should have a little more pop at the open towards $128-$130 then look to short the stock into the CCall and look for a nice 3-5 point pull towards $122-$123 if it yanks right at the open wait for the call then look to go long the stock on it while call is on
$EL Earnings Beat (171.81) Gaping up +$7 like to see a little more push at the open towards $181-$183 top it off then look to fade the stock should be fun 3-4 points to the downside. on profit taking
$$RGEN 2.7 Million Offer at $64 would be a buyer at $63 area and under on the stock like to see the stock rebound back to $65 throughout the day. More it pulls more I will add bought some at $63.50 starter room to add but sell on quick pops
