1) $GNCA Great work from Janni this Morning LONG $7.50 to $12 Pre (5.61)
Stock Gapping up +6.5 Points on positive GEN-009 Data in Cancer Patients + HC wainWright puts $42 PT on it. Like to see this actually pop a little more at the open towards $12-$13+ then decent pullback on it towards $9-$10 and under bottom curl then slow all day move back to highs. This was simply a great play in Pre-Market from $7 to $12 so let this set up again for us for more
2) $OTLK Running this morning on Volume Manufacturing deal for ONS-5010 (2.40)
Stock Gapping up +.45 like to see a little more push at the open through $3-$3.25 then nice gap fill pull back on it to $2.50-$2.65 then bottom curl it then slow all day move back to highs, if this gap fills at the open simply go LONG for all day move to the upside
3) $AMD Announce multi year partnership with SamSung on Radeon Graphics (27.41) BIG!
Stock Gapping up +$1 this should push it at squeeze it at the open through $29+ or more then look for a nice 1 point pull back on profit taking, do NOT short to quickly let this open first then we nail a nice .50-1.00 gap fill. Higher it pops better the fade, if this yanks at open and gap fills to $28 and under GO LONG This should get upgrades this week on this news!!!
4) ****$BIG BIG Surprise BofA came out and gutted this to a $23PT OUCH (27.60)
Stock Gapping down -$1.20 any any any pop at the open on short covering this is nothing more then a pure short all day long. If you take now SHORT here at $26.40 you must give it room in case shorts cover at the open and add into it, in the end this should flush down to $25 and under on this downgrade
5) $NKTR positive Data out on CR34 at ASCO 2019 (31.32)
Stock Gapping up +$2 like to see this push a little more at the open towards $34-$35+ area then slow gap fill fade back down to $31.75 and under, if this yanks at open to same area or under bottom curl it then look to go long on it
6) $CNC HUM says will NOT make proposal to combine CNC with WCG (57.75)
Stock Gapping down -$4 would nibble small long $52.90 room to $52 and a tad under watch for bottom curl then slow move to the upside. More it pulls better the range to the upside
7) $NVS New Data on Geometry Mono-Lung Cancer Study (85.64)
Stock Gapping up +$1.30 like to see small pop at the open towards $87.50-$88+ then top it off then look for gap fill back to $86 and under bottom curl it then slow move back to the upside. $NVS tends to sell on the news so watch the pull on it
8) ****$BYND already showing us it wants us to play today with $106+ (104.12)
Stock Gapping up +$2 like to see an actual quick squeeze at open back to$106-$108 today then nice fast pull to $99-$101 and under more it pulls then we get a nice quick LONG on it for fast 3-4 points or more for quick money
9) $FDX Issues in China on delivery of packages Trade Wars (154.28)
Stock Gapping down -$4 like to see a little more pull at the open like to get to $148-$149 and under then bottom curl it then slow move to the upside, if this pops at open to $151.50 chase a few to $153+ then top it off and slow fade all day long
10) *****$BA More troubles, this time 737’s may have wing issues (341.61)
Stock Gapping down -$4 like to see small pop at the opens towards $339+ then lean into it short then look for a nice fade to $335 and under then bottom curl it back to $340. Let this set up for us
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Notable Calls:
$****NTES When market is gaping down I like this for range(248.61) Like to see this pull at the open to $243-$245 bottom curl then slow all day move to the upside for 3-4 points on Range
$TSLA With Market pulling down today this will give us range. (185.16) Gaping up +$1.50 would like to see a little more push at the open towards $188 if it comes then top it off and yank it to $182-$183 then bottom curl it then slow all day move back to the upside.
