1) $ENPH acquiring SunPowers business (4.50)
Stock Gapping up +1.5 would love to see a push at the open towards $7+ then watch for a nice fader on it, if this pulls at open to $5.80 and under look for a slow fader back to $5 in the end I think this pops and runs a little before giving back

2) $BITA Earnings Beat (26.82)
Stock Gapping up +$3 would like to see a small pop at open maybe thru $30+ then watch for some profit taking sell off on it to $28 and under then look for bottom curl and go long on it for all day, if this pulls at open and gap fill then look to go long on it

3) $PVTL Earnings Beat (21.21)
Stock Gapping up +$2 would love to see this push to $25-$26 or more at the open catch a bunch of shorts off and then look for a decent pullback on it to $23 and under on it on profit taking, if this sells off at the open to $23 and under then look to go long on it, should be fun all day to play

4) $HRB Horrible earnings, Horrible guidance (29.60) 
Stock Gapping down -$5 I like to see some sort of 2 point pop or more on short covering at the open, so maybe take a few long at $24 room to add on any pullback at the open then look for a nice play on it to the long side, higher this pops on short covering then we can fade it back down all day. But let the shorts squeeze it first. I would love for a $22 sell off on it, that would be a gift at the open

5) $YELP Aegis out on a sell rating with $34PT from $45 (42.64)
Stock Gapping down -$1 would take a few short at $41.50 level room to add at the open this should collapse to $39 area and under imo. Higher this pops better the fade for us for an all day bleeder. Don’t get scared if this gap fills, if you want to wait then wait but once this begins to sell off its going to fade

6) $KFY Nice Earnings Beat Raises Guidance (56.53)
Stock Gapping up +$6 would love to see a nice solid pop at open towards $67-$68 get a 2-4 point pullback or more then look for that bottom curl on it then go long, imo this should move all day to the upside based on their guidance so lets see how it opens

7) $AMAT RBC out cuts PT from $64 to $55 (50.86)
Stock Gapping down -$1 I like to take some short at $50.20 area or more at the open and look for a possible $50 break and shred it down to $48 level, if this pulls at open to $48 level and under go long and bounce it then top it off and short it

8) $FOXA Merger Talks nothing more as usual (40.54) 
Stock Gapping up +$4 imo this is nothing more than a pop and fade and gap fill, higher the pop at open better the fade for more points watch for lower lows to set in

9) $LRCX RBC Capital cuts PT to $$210 from $245 (186.93)
Stock Gapping down -$3 I like to see a pull at open to $175 area or under then go long on it and gap fill it back 3-5 points, if this at all pops at the open towards $185+ scale in short and look for an all day fader on it

10) $NFLX Goldman out Huge this morning with a $490PT (363.83) Long some at under $365 sold at $368.40
Stock Gapping up to $372 then came all the way down to $364.50 THIS WAS YOUR SPOT!!!!!!!!!!!!!!!!!! to go LONG if this pulls again you may get luck but in the end this should touch $372 again and more!!!!

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Notable Calls:

$FLKS Phase 2 miss and Laying off people (4.18) I like the $1.10 and under level, I think we see this possibly touch $1.50-$2 before fading off again, if this pulls at open watch the $1.00 and under mark, if this pops at open look for that quick 2 spot

$HUYA Needham out with a $41 BUY rating PT (36.22) Gapping up +.50 would like to see a pop at open towards $38+ on it then look for a nice sell off profit taking on it, if this pulls at open and gap fills just scale in a few long should be fun

 

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