1) $BPI Earnings Beat (8.09)
Stock Gapping up +2.10 I like to see small pop at open to $10.50 maybe even $11 at the open then look for a decent pullback on it back down to $9 and under on profit taking gap fill. If this dumps at open to same area then bottom curl it and go long
2) $AMD Earnings Beat (16.05)
Stock Gapping up +1.18 I like to see $AMD simply gap fill it back down to $16.50 and under on profit taking then look to go long on it for an all day slow move back to the upside. Upgrades I’m seeing are $15.50-$17 few at $20 so topping is almost in
3) $NLSN Earnings Miss (29.57)
Stock Gapping down -$7.50 like to bounce this back to $23.50-$25 then watch for topping then fade it, if this pulls at open hard to $20 I will add I have some long at $22.38 will give it room, think shorts cover it quick then fade it again
4) $UAA Earnings beat (21.08)
Gapping up over 2 points, like the beat would take some short at $23 area add on pops look to gap fill this on profit taking back down to $21.50 and under then bottom curl on it then go long.
5) $TAL Earnings Miss also Muddy Waters all over this (40.82)
Stock Gapping down -$7 I like to see some sort of gap fill pop short cover to $36-$37 at the open then look for this to sell off the rest of the day, if this yanks at open to $32 and under I am a buyer to bounce it
6) $KNX Earnings Miss (35.81)
Stock Gapping down -4.70 I like to see this pop and open and gap fill to $33-$34+ then watch for topping on it then look to go short for an all day fader on it. If this yanks to $30 and under I am a buyer
7) $MO Earnings Miss (57.85) BUY into the Conference Call and bounce it as it starts at 6am PST
Stock Gapping down -$2.5 I like this down here long on the CCall at 55.50 level look for a slow move back to $56.50-$57 when call finishes then go short for slow fader on it.
8) $XLNX HUGE Earnings Beat (67.97)
Stock Gapping up +4 points like to see a pop at open thru $74-$76 area then 2-3 points pullback on it then look for a nice bottom curl on it then look to go long on it. If this pulls at all at open to $69-$70 then look to go long on it for a nice all day slow move to the upside
9) $FB Missed on Everything (218.30)
Stock Gapping down -46 POINTS I would nibble some long here at $171 room to $165 area then add and bounce it big time. For me If this gets below $170 I am a BUYER and will add on pullbacks this will get bought back up this morning it hit $181+
10) $BIIB announced not so positive detailed results to phase 2 However Citi $483 Mizhou $423 Piper $400 (383.83)
Stock Gapping down 42 POINTS building a small position on this. have a $345 average now, will continue to add on dips reminds me of $AVGO when no one wanted it 3 days later the stock was headed back up. I will be patient on this, but make no mistake this is not a play for the traders who have no patience. This drops in points not pennies, so if your not ready then don’t touch it! PERIOD
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Notable Calls:
$CTXS Earnings Beat (109.24) NO MM’s on this but showing a gap up of 114 +5 points, imo watch for a quick pop at open if it comes followed by a decent profit taking sell off to $110.50 and under then look to go long on it. CEO was on CNBC this morning and I wasn’t impressed with how he handled the interview
$IPO $TENB priced 10.3 million at $23. If this opens $30 and below would take a few long and build a nice position think this heads to $35-$40 If this opens up at $40 and above I have not interest in playing it Period!
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