1) $IMTE LONG o/n at $20 told you all how to play it and now look stock is $42 a share (20.00)
Stock gapping up +$22 a share I like to see small pop at open maybe towards $47-$48 if it comes I would look for a massive pullback at the open Look 2 sides you have short that want to get the heck out and you got sellers overnighted that can’t sell until the open so lets at this point wait for the next set up on it, don’t rush the play was overnight that was the easy play now we play the 2nd route
2) $BOXL Gapping up (7.42)
Stock Gapping up +$4 I like to see this possible squueze a little more at the open towards $13-$15 then top off then look to fade it back down to $8.50-$9 and under, once the lower lows set in this should end up gap filing I like the short on this more then the long
3) $SEII Going off of $IMTE, $IMTE goes up this goes up (3.52)
Stock Gapping up +.60 I like to see a small pop at open then scale in short and gap fill this back down to $3.75 and under, higher it pops better the short on it, if this pulls at open which I think it will to $3.65 and under nibble a few long on it. should be fun
4) $CRUS Earnings Miss horrible guidance (38.34)
Stock Gapping down -$3 I think this gets hurt today all day long, so any short covering pop at the open I would love to see $36.50-$37 on it or more then look to scale in short and all day fader on it if this pulls at open to $32-$33 level play the bounce on it for 3-4 points then short it
5) $LOGI Earnings Beat (36.74) LOGI tends to fill there gaps so be aware of that
Stock Gapping up +4 I would nibble some short at $40.25 room to add at the open then look for this to gap fill back to $37.50 and under then look for bottom curl then go long, impressive beat so if this rips to $41.50-$42 watch toping in the end I think this comes down gap fills then go long on it
6) $CERN Earnings Miss (57.94)
Stock Gapping down -$3 I like to see small pop at open towards $56+ on it then watch for topping then look to short it all day back to lows, if this yanks hard at open to $52 area and under look for a nice play on it on and bounce it for 2-4points then short it again
7) ******$DATA Earnings Beat (85.18) Mutiple upgrades thru $100 most places
Stock Gapping up +$5 I like to see a squeeze at open towards $95 area if it comes, then look for a decent 7-8 point pullback on it then look for bottom curl then go long back to highs, DATA typicall squeezes on earnings then gap fills 1/2 of there gains then go long to more highs
8) $NXPI Earnings Miss (102.72)
Stock Gapping down -$10 POINTS I like to see small pop at open towards $95-$96 then look to sell off on it all day long, if this pulls at open look for this to drop to $85-$87 level then look to bounce it 3-5 points or more before topping off on it and re-shorting it
9) $SPOT Earnings Miss (170.00)
Stock Gapping down -$19 I like the $150 level for a nice bounce on it, NO downgrades I am aware of so look to buy th weakness, if this yanks at open to $145 look for a little more pull at that point simply play and scalp bounce it for 3-5 points before we get a decent trend on it.
10) $TSLA “The Call” The most stupid Call I have ever heard today he pays the price (301.15) Multiple downgrades
Stock Gapping down -$23 if this pops above $280 I think we get a small run to $285+ then we top off and fade, My gut tells me we get a big sell off today and would not be surprised if we see $265 levels or lower, so lets see how it sets up today. TSLA quarter was decent but when you add insult to the ones that rate you, its time you pay the price, today if this drops it will be soley because of that call
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Notable Calls:
$DXCM Gaping up on $Earnings Beat (74.31) Gaping up +$3 I would like to see a pop at the open maybe we get $78-$79 on it then look for a nice gap fill pull back to $75.50 and under then bottom curl on it then look for a slow all day move to the upside.
$IAC I’m still a buyer on this stock at the $129-$130 levels I o/n some at $130.37 level and I think yesterday bottom sat in I would like to see a nice play to $135 if it comes or more I didn’t see any d/g as of yet. I like the stock (130.63)
$AKAO if this hits $9.50 or $10 BE a buyer on it I think you run to $11.50-$12 on the stock buy on weakness.
