1) $GBR Gapping up on new news and light volume (4.22)
Stock Gapping up +$2.80 I like to see small squeeze at open possibly thru $7.25-$7.50 if it comes then look to short it and gap fill it back to $5-$5.50 and under, if this small pops then pulls look for lower lows to set in then look to fade it back down
2) $PED Gapping up on No News (2.27)
Stock Gapping up +.75 would nibble some short at the $2.80 level room to $3+ at the open top it off then fade it back down, if this pulls at the open hard let it gap fill to $2.30-$2.35 then lets see if we get a bottom curl on it.
3) $ADMP commercial partnership for Symjepi HC $10 PT Maxim $13 PT (3.20)
Stock Gapping up +$2 imo this will be nothing more then a pop and sell the news, so if you ramps at open let it rip to $6+ watch for topping on it then look to fade it, if this pulls hard at the open or lower lows set in then just ease into it short
4) $GE JPM out this morning saying GE is overvalued and they see Bear Case $6 for worse should $9 ITO but tags an $11 PT (13.61)
Stock Gapping down -.20 I took a sizable short at $13.47 will add on any pop out of the gate and looking for this to have an all day fader, I am looking for a .25-35 cent downside day trade on this, nothing more. GE moves very very slow
5) $IQ Gapping down on negative tariffs and China News (32.30)
Stock Gapping down -$1.10 I would prefer a little more sell off at the open if it comes towards $30.50 area and under before going long, but keep an eye on HUYA, if HUYA pops then chase IQ and it will follow HUYA all the way till HUYA is tired, these 2 stocks run side by side. If I had it my way I would wait for the pull, if this does pop thru $32, watch it top off then short it
6) $HUYA Gapping down on negative tariffs and China News (32.89)
Stock Gapping down -$1.79 I like it down here for a quick pop at the open for .50 to $1 if it comes, typically when HUYA gaps down before another leg down, they short cover at the open then fade, BUT if this pulls hard at the open to $30 I will add to my positions and have a nice average when it pops
7) $LITE Piper makes a bold statement and says ITO…LITE will be the Primary source of Apple new Iphones (57.90)
Stock Gapping up none.. took a few long at $57.95 will add on dips and see if we get a decent run thru $59, if this pulls at open to $57 or under I am a buyer. They also reiterate $82 PT on the stock
8) $ALV Downgrade at RBC from $127 to $110 (103.17)
Stock Gapping down -$3.5 would consider nibbling a few LONG below $100 if it pulls more to $98 I would add and look for this to gap fill back to $102+ then look to fade it off for the day, more it pulls better the solid bounce for us.
9) $BIDU Getting hit on the Tariff news (243.00)
Stock Gapping down -$5 I would grab a small amount at $239 room to $237 at the open then look for this to gap fill some, If this pulls hard at the open to $235 and under I am a solid buyer on the bounce for sure
10) $TSLA Good news about 7000 cars being delivered ahead of schedule (342.95)
Stock Gapping up 20 points wow…..like to see small squeeze at the open if it comes towards $370 then look for a decent selll off on it for at least 10 points to the downside, if this snaps $360 at the open would consider really shorting this down -10 points Let it open first then we will evaluate. If you jump in now short at $361 allow yourself some room on the opening pop
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Notable Calls:
$MRNS Cantor out with a BUY rating and $19 PT (7.07) Gapping up .20 cents I have a buy on the bid at $7.35 if filled will add on dips at the open as it gap fills think this PT and small stock could get it thru $8 then gap fill bottom curl then we will see
$RUN Credit Suisse upgrades the stock from $16 to $22 a share (13.15) Gaping up .10 I took a starter at $13.25 will add on dips doesn’t seem much risk down here. Looking for a move to $14-$14.50 possibly today
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