1) $BLIN Gaping up on NO NEWS Stock should simply pop and fade (7.20)
Stock Gapping up +$1 Take some short at $8.50 add on any pop out of the gate look for nice slow all day fader on it. Back to $7 and under
2) $BURG Partners with $BYND are you kidding me wow (1.52) This should be VERY FUN
Stock Gapping up +$1 If this pops at open towards $2.80 or more with volume look for this to push towards $3.50-$4 then top it off then small pull back, do not expect a solid fade until the lower lows set in and it breaks $2.10-$2.20 and under, let the story get out get some legs
3) $MTSI Gaping up on Mixed guidance (12.60) Think this simply gap fills
Stock Gapping up +$1.20 Not sure why this is up at all but with that said would nibble some short at $13.85 room to add at the open then look for a pull to $13.60 and bam we should nail the gap fill back to $12.75 and under then bottom curl it then go long, Higher the pop towards $14-$15 better the fade on it
4) $PTLA Earnings Miss (35.80)
Stock Gapping down -$3 would love to see this pull under $30 at the open then look to bottom curl it then long a few back to $32 area or more then slow all day fader on it.
5) $TWOU Earnings Miss (59.74)
Stock Gapping down -$11 would love to see this sell off at the open to $46 and under then go long the stock short cover it towards $50-$52+ then top it off then look for a nice fade on it, more it pushes and gap fills better the fade for us
6) *****INGN Horrible guidance HOWEVER Needham maintains Strong Buy & $111 PT
Stock Gapping down -$28 points Long a few at $63.25 with room to add towards $60 if it comes, if I mess up and it blows through my $60 stops I may consider adding or simply re-visit this. Either way I will nail the short cover bounce, more it pulls at open better the bounce looking for $70-$72+ recovery or more. This is a risky and tough Trade so if you play play small or not at all
7) $MTCH Earnings Beat (60.37)
Stock Gapping up +$3 like to see this pop a little more at the open towards $64+ then gap fill it, if this pulls hard at the open and gap fill it to $61-$61.75 and under bottom curl it then look to go long on it
8) $AVLR Earnings Beat (59.57)
Stock Gapping up +$7 would take some short at $67 add on any pop at the open look for a nice sell off gap fill to $62.50-$63 and under If this pushes at open look for $70 as topping on it. Should be fun
9) $QRVO Earnings Beat (73.68)
Stock Gapping up +$4 to me this is nothing more then a SHORT at $78 area and gap fill to $74 and under then bottom curl it then look to go long on it should be fun
10) $EA Earnings Beat (92.73)
Stock Gapping up +$8 Like to go short at $99-$100 think $EA will gap fill back towards $95 and under then watch for bottom curl on it then look to go long for slow move back to Pre-Market highs, ket this sell off before you do anything long
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Notable Calls:
$BA Gaping down -$2 this morning LONG a few at $357 avg Think with Trumps positive tweet we get a solid push at the open towards $360 or more then sell into it if market holds this should recover towards $365
$MCHP Small miss and in line guidance (94.15) Gaping down -5 like to see a little more pull at the open towards $86-$87 then small short covering towards $91-$92 then top it off then all day fader if this pops at open towards $92+ watch for topping then slow all day fader
$DDD Earnings Miss (10.59) Gaping down -$2 would nibble a few long at $8.70 area room to $8 to add at the open then look for nice 1-1.25 point pop at the open on some short covering, more this pulls better the range to the upside. Should be fun
$IPO $PSN IPO I like****** Priced 18.5 at $27 if this opens up with at least 5-7 Million on the open this should fly today 5-7 points looking for a $32-$34 open or under, any higher play smaller. Its all about the open
