1) $BLIN Crazy PT about ecommerce selected $BLIN (2.91) STUPID
Stock Gaping up +.70 let chasers rip this at the open towards $4-$4.50+ then top it off and look for slow all day bleeder back to $3.25 and under Higher it goes at the open better the range for us to the downside
2) $CBAY Raymond James and many others saying BUY THE weakness with $12PT (6.05)
Stock Gaping up +.45 would nibble long at $6.50 area room to $6.10 at the open if it gap fills and pulls looking for a nice slow move to $7-$7.50+ on it for today let it set up more it pulls better the range for us on the bottom curl more money
3) $MX Earnings Beat raise guidance (8.83) up thin
Stock Gapping up +$2 would love to see small pop then look for gap fill to $9-$9.30 and under bottom curl it then slow all day move back to highs, if this pushes at the open towards $11-$12 top it off then slow all day gap fill bleed to $9.50-$10 higher it pops better the range for the downside, let this set up for us
4) $PLAY Earnings Miss (51.53)
Stock Gaping down -$10 like to see some short covering at the open towards $45+ then top it off then slow all day move back to lows Seeing Multiple PT at $47-$50 so I don’t think this will get to $47-$48 BUT if it does on short covering look to top it off and fade it all day. If this yanks at open to $40 and under I would be a buyer for sure and bounce it 3-5 points easy
5) $CSCO William Blair out with a downgrade BUT NO PT given at all (57.11)
Stock Gaping down -$1.10 should actually pull at the open to $55-$55.25 area then slow gap fill back to $56.50-$56.75 then top it off then slow all day fader back to lows, more this pulls at the open if it does better the range to the long side, if this pops gap fills then top it off and all day bleeder back to lows
6) $QCOM Gaping down on AntiTrust Ruling (71.24)
Stock Gaping down -2 like to see this small pop at the open through $70-$70.50 then slow all day fader to $68 if this yanks at open hard to $68 and under gap fill it back up to $69.50-$70+ then top it off then slow all day fader more it pulls at the open better the range for us for long
7) $BYND Another day of sell-off imo (126.04) No one out to defend the name today
Stock Gapping up +$5 like to see small short squeeze at the open towards $136-$138 top it off then look for slow all day fader back to lows, if this pulls hard at the open watch the $120-$125 area to bounce it first then slow fader all day back towards $115-$118 and under
8) $TSLA Elon at it again, this time saying he is going to beat expectations (217.10)
Stock Gapping up +$6 like to see small pop at open towards $225+ then lean into it short gap fill 5-7 points to the downside then slow all day move back to highs towards $228-$230 This would be disastrous for Shorts
9) $TTD Nomura out strong with a $144PT Downgrade BIG CUT (249.36)
Stock Gapping down -$13 I would like to see small push at the open towards $240-$243 at the open on some short covering watch for toping then slow all day fader for 10 points or more. If this pulls hard at the open watch the $230-$232 area for a decent 5-10 point bounce then top it off then look to fade it all day to lows
10) $MKTX Big Downgrade from Buckingham Research to $245 (333.99)
Stock Gapping down -$5 would actually start small here at $327 area if you can add on ANY pop at the open this has HUGE range so stock should fade all day long to $310-$315 and under
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Notable Calls:
$NVDA Gaping down on Market pull (150.75) Gaping down -$2 would nibble LONG at $148.70 area room to $147 pull at the open should gap fill to $149.50-$150.10 then top off if market stays red should end up simply slow fader back to lows.
$SYBX announce Platform collaboration 80mil equity investment (6.27) Up thin, I like the news gaping up +1.60 would like to see small push at the open towards $9 area then possible slow fader all day to the downside, if this pulls at open to $7-$7.10 and under bottom curl it then look to go long slow all day move to the upside
$CRWD BIG IPO today Oversubscribed Priced 18million at $34 (0.00) Goldman BofA and JPMorgan underwriter Needs to open with 2-3million or more at the open look for a $48-$40 open small pull then most likly push to $45 if it opens up $45-$50 would stay by the sidelines
