1) $BLIN Receives Multi License Renewal from Global $700K (6.18) S T U P I D
Stock Gapping up +$3 Nothing more then a pop and all day fader on this stupid News would let this push at open see if we get through $10 spot watch for topping then all day fader once the lower lows set in, if you can get $9.50 Starter don’t think it will get more then 10-$10.50
2) $AKTS Announce First Production Order for its 5.6Ghz (6.40) S T U P I D
Stock Gapping up +$1.5 Nothing more then a POP and drop on the news, would nibble short $8 spot room to add on any pop at the open if it comes top it off then slow all day fader on it back down to $6.70 and under
3) $HIIQ Earnings slight miss (25.85)
Stock Gapping down -$2.5 would nibble long around $23.50 and under think this gap fills quick short cover at the open towards $24.75+ then top it off then slow all day fader on it, if this yanks hard at the open towards $22-$22.50 stock should rebound a few points on that
4) $XENT CEO departs and misses on guidance (33.15)
Stock Gapping down -$8 would nibble some LONG at the $25 level room to add at the open if it pulls to $24 would add to it, think this rebounds back to $27-$28+ The fact the CEO is leaving is good for the company because of horrible leadership so look for some rebound in the name today
5) $CROX slight beat, In-Line guidance but 500 Buyback announced (28.34)
Stock Gapping up +$1.5 imo this should simply push a little more at the open towards $30.50-$31+ then top off then look for some profit taking gap fill to $28.75 and under this BUY back is excessive not sure how their even going to do it, so thinking its more of a PR then actual to keep the stock up
6) SEDG Beat on revs Guides higher (43.88) JMP puts a $60 PT on the name
Stock Gapping up +$10 this should sell off the $52-$53 area back down to $45-$46 on the gap fill profit taking pullback this is up way to much, However if this pops again towards $54-$55 at the open look to top it off then fade it slowly through the day and fill some of the gap
7) $EMR Misses on Revs lower guidance (70.15)
Stock Gapping down -$3 I’d like to see more of a pull at the open towards $63-$65 area then bounce it back up towards $67-$68 top it off then all day fader on it, more it pulls at the open better the bounce for us, if this at all pushes at the open towards $68.50-$69+ scale in short all day fader
8) ***$GWPH Great Earnings Plus positive Phase 3 Data HUGE BEAT (180.09)
Stock Gapping up +$19 I’d like to see this actual push and squeeze a little more at the open towards $200-$205 then top it off and look for a nice 5-10 point gap fill pull, if this at all pulls at the open I don’t see more then $190-$192 on the bottom, this was a HUGE massive beat lots of upgrades so lets see how it reacts at the open
9) $REGN Earnings Miss (344.23) Looking to fade the name today
Stock Gapping down -$17 Points, Conf Call going on at the moment looking for some retracement during the call towards $335-$340 then top it off then look to fade the stock all day long back down to $325-$327 and lower, let this set up at the open if this gap fills and pushes at the open top it off and look to fade it all day
10) $BA Barclays out with a downgrade and $367 PT from $417 (371.60)
Stock Gapping down -$5 Like to see small push at the open towards $369-$370 then nice sell off to $362-$364 then bottom curl it long, if this pulls at open hard towards $362-$364 watch for bottom curl on it and nail it for 3-5 points to the upside
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Notable Calls:
$RACE Earnings Beat HUGE (132.33) Gaping up +$6 like to see a little more push at the open towards $140-$142+ then top it off look for a nice 3-5 point sell off on it then bottom curl then slow all day move to the upside higher it pops better the fade
$JMIA Huge Downgrade from Morgan Stanley with $27PT HUGE (37.72) Gaping down -$1.5 would nibble some short at $36-$37 area room to add at the open look for this to fade throughout the day towards $32 and under imo
