1) $CODA announces Navy Cooperative research and development……LOL Really (3.73) Really
Stock Gapping up +100% on this garbage, but it has volume, imo this is nothing more then a pop at open followed by a slow all day move to the downside, I think the news is garbage but can’t ignore the gap so watch for any squeeze then the lower lows to set in then fade this back down to $4.50 and under
2) $MDGS 1/4 Reverse Split (1.29)
Stock Gapping up +1 I like to see small pop at open then look for this to pull it down to $5 and under then bottom curl on it then look to go long on it, if this pulls right at open to $5 and under then watch for bottom curl then go long on it.
3) $ARNC possible take over interest plus a multi parts year contract with Boeing (17.38) Jefferies out with $23 PT
Stock Gapping up +2 I like to see a little more push at the open maybe thru $20.50 if it comes then look for topping then slow fade gap fill back to $18.25 and under, good news for the stock and definitely in play for us, but its up +2 so let it rip then short it and fade it back down, if this sells off at the open look for that $18.25-$18.50 spot then we can go long on it
4) ********$CLLS Barclays out with a $50 PT (28.35) Cheap stock I want this to play for myself for sure with size
Stock Gapping up +$2 I like the call, but I need this to pop and sell off back down to at least $29 and under, if this pulls at the open to $29 and under I am a buyer and will be loading, I like the call but up +2 points is a little too much for me, I need some sort of gap fill before getting in there for an all day slow mover to the upside
5) $KNX Barclays out with a $50 PT (37.91)
Stock Gapping up +1.70 I like this play, I would love to see a little more pop at the open maybe thru $40+ then scale in SHORT and gap fill it back down to $38.50 and under then nibble long in case it feels the whole gap then look to go long on it. If this simply pulls at open to $38 spot just go long on it.
6) $NVRO So far Caanacord only out this morning with $82 PT from $105 (57.77)
Stock Gapping down -$2.5 this morning, this will be a tough read so imo I like to see this move towards the $60+ area today. However if this pulls at open to $52-$53 I would be long the stock and play the nice bounce, if this pops at open chase to $60 then fade it, again I want to play this today but it will be tricky how we set it up, let us show us right at the open then we will nail it.
7) ******$VFC JPM out with a HUGE PT increase to $105 from $85 (84.84)
Stock Gapping up +1.5 I like this upgrade a lot, so expect a solid pop at the open on short squeeze possibly to $88+ then scale in short and gap fill it back down to $85 and under if this pulls at open at all to $85 and under go long on it for all day slow move towards $90+
8) $VMW BofA out with a $190 PT (155.05)
Stock Gapping none, none, no MM’s on it, think it pop to $158-$160 at the open then scale in SHORT gap fill it back down to $156.50 and under then look for bottom curl then all day slow move to the upside, if this opens and pulls at open to $153-$154 then simply go long on the stock.
9) $JBHT Earnings Beat (121.83)
Stock Gapping up +6 I like to see small pop at the open followed by a nice gap fill sell off back to $123 area and under, I think we fiill half the gap on it then look to go LONG, More this pops at the open better the fade for us.
10) $NFLX Analyst out worried about #Earnings putting Neutral calls on the stock ahead of #Earnings tonight (395.80)
Stock Gapping up +$2 I would like to see small pop at the open lets see if we get it back thru $400-$402 then if it tops off look for this to sell off most of the day into Earnings, I don’t see anyone pushing this ahead of Earnings so my guess, pop and slow fade.
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Notable Calls:
$AVGO BofA out with a Neutral with $240 PT (202.46) Gapping up +2 would look for a pop at the open maybe we get $205-$207 then we get a decent pullback on it, if this pulls at open to $197-$198 or under I would look to go long and bounce it back to $205 this one needs to show us at the open before we can make the move we want, but my best guess this pops at open
$APTX JP Morgan out with a $30 PT Buy rating (21.07) I like the bottom on this would take a few LONG at $21.50 when it hits give it room to fill some of the gap then look for this to get to $23+ on this call, if this pops at the open to $23 then fade it back down fill the gap then go long
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