1) $IMRN Earnings Blowout (2.93)
Stock Gaping up +$4 I like to see this push at open towards $7-$7.50 with volume then a decent pullback to $5 and under bottom curl it then slow move back to HIGHS you cannot ,move this without volume so let’s see if we can spot the buyer for an upside move
2) BPTH HC Wainwright Tagged a $28PT on this (12.90)
Stock Gaping up +$1.5 I’d like to see this pop a little at the open towards $15-$16 then snap back would like to see a gap fill to $13-$13.50 and under then bottom curl then slow move to $15 let this set up for us should be fun IF we get volume
3) $CGNX Goldman Sachs downgrades to sell to $36Pt from $48 (42.51)
Stock Gaping down $2 I’d like to see this gap fill right at the open quick to $42.50+ then nibble some short this is Goldman Traders more it gaps then we look to fade the stock, if this opens hard at the open towards $38-$39 go LONG and bounce it 2-3 points
4) $WTFC Earnings Miss (70.05)
Stock Gaping down -$6 like to see small pop at the open towards $66-$68 area then top it off then slow all day fader back to lows, if this yanks at the open watch $62-$63 and under spot for shorts to come in an cover back up 3-4 points then short it
5) $ARW Earnings Miss profit warning cuts (68.90)
Stock Gaping down -$5 I’d like to see small pop at open towards $67+ then all day fader on it, if this yanks hard at the open towards $60 and under bottom curl it then slow move back 3-4 points fill some of the gap
6) $JBHT Earnings Mixed surprised its up so much (92.58)
Stock Gaping up +$8 I like to see small pop at the open again through $100+ then top it off then slow fader 3-5 points, this will not full gap fill but if it snaps $98.50 I like to bring this down to $95 and under before buying the stock to the upside, higher it pops better the range
7) $ARGX Gaping up on No News (143.48)
Stock Gaping up +$4 Typically this will sell off the gap so if you wish to take a few short at $147 room to $149 then look for the stock to gap fill back down to $143-$144 and under then bottom curl it Typically gap gets filled then actually will go below soe be wary of this once it sells off
8) ******$DPZ Earnings Miss conference call coming up (269.92)
Stock Gaping down -$18 I always like to buy the weakness on $DPZ they seem to always get bough back up especially with the upcoming call in an hour. Would take a few long at $252 and under room to add on any pullback and look for a move back to $258-$260 nibble
9) $TSLA making changes in their production line (253.50)
Stock Gaping down -$5 like to see small pop at open back to $251-$252 area then slow fader back to pre-market lows, if this pulls hard at the open towards $245 and under bottom curl it then look for 3-5 point move to the upside
10) $NFLX Had some positive PR this morning ahead of Earnings tomorrow (366.60)
Stock Gaping up +$3.5 like to see small push at the open towards $371-$373 area then gap fill pullback to $368 and under bottom curl it then slow all day move to the upside. Back to pre-market highs
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Notable Calls:
$BYND Gaping up on market up should give us range today (166.53) Let this pop again at the open towards $170-$172 then decent pullback to $165-$157 bottom curl it then slow move back to the upside then trade flat
$GLPG Quite a few upgrades (170.76) Gaping up +$2 like to see small push at the open towards $173-$175 then look for the decent gap fill pullback to $171.50 and under bottom curl it then slow all day move back to highs if this breaks hard at the open $170 should flush to $167-$168 let it set up for us
