1) $KPTI Now that FDA has approved this 1 more day in it before ATM comes (8.89)
Stock Gaping up +2 then faded back to ip only .50 I’d like to see this run through $11+ at the open then look for a decent pullback on it 1-1.25 points on the pullback bottom curl it with volume then we can run it through 12, Volume is decent but we will need a good size buyer or 2 to help us launch it so I will keep and eye, otherwise we simply fade it all day
2) $DBVT Report company will submit license application with FDA (9.44) SOOOOOOO
Stock Gaping up +$2 I’d like to see small pop and look for a nice gap fill back to $10-$10.25 and under on this news, more it pops better the fade but in the end this should simply sell off and gap fill
3) $CYAD Mixed results on Phase 1 Data (13.49)
Stock Gaping down -.75 like to see this sell off a little more at the open towards $12 and under then bottom curl it then slow all day move to fill the gap for 1 point or more. More it pulls at the open better the range to the upside. If this simply gap fills then look to fade the stock back to pre-market lows
4) $GRFS approval from FDA Xembify (21.40) Up thin
Stock Gaping up .50 would actually like to see this pop at the open small pullback get some volume then possibly run to $23-$24+ if it dies fast after initial pop look for gap fill back down to $21.70 and under, if this yanks to same area at the open bottom curl a few and see if we get back to pre-market highs
5) $CGC Downgrade from a Tier 4 analyst but with jobs report this should sell-off (41.06)
Stock Gaping down -.50 like to see this actually sell-off today towards $39 area and under, if this pops and gap fills I would lean into it short and simply fade it, I don’t think $41+ will hold today so let it set up then slow all day fader is what I am looking for
6) $QCOM Report they lost an attempt to put a pause on Judge ruling (76.63)
Stock Gaping down -$2.40 I would actually nibble small long here at $74.30 and under room to $72.50 at the open if it comes then look for slow gap fill back to $75.50-$76+ area more it pulls at the open better the opportunity for us to the long side
7) $BYND Another day in this for us with range (151.50)
Stock Gaping down -$3 I’d like to see small pop at the open towards $150-$152 top it off then slow fader or sell off to $142-$144 and under, would not be surprised to see $140 so let this set up, always remember if this yanks and pulls at the open hard long it and short squeeze back up for 5-8 points
8) $TTD Jobs report pulling the market down (233.83)
Stock Gaping down -$1 like to see this dump at the open $228-$230 and under bottom curl it then long on a gap fill back to $232-$233 top it off then slow fader on it, if this pops and gap fills at the open top it off and look to fade the stock back down
9) $NFLX Jobs report pulling the market (381.72)
Stock Gaping down -$3.25 I’d like to see a slight pull at the open towards $375-$376 if it comes then look for quick push back up towards $381-$383 top it off if the market holds red look for an all day sell off on it today
10) $TSLA Jobs Report puling the market (234.90)
Stock Gaping down -$1.5 I’d like to see small pop at the open then another sell off on the name this time like to see $225-$230 on it, let it set up but once it breaks $232 and under we should get the nice fade on it
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Notable Calls:
$AVGO I’m still not convinced the merger with $SYMC (284.89) Gaping down -$1.50 I like to see this pull a little more at the open I think we recover again to $286-$287 on the LONG side, so if you want to take now at $283 area give it room to $280-$281 then bottom curl it then slow all day move to the upside
$SYMC I’m still not convinced of this merger with$AVGO (25.10) Like to see this small pop then possible slow fader back towards $23-$23.50 on it. Let it set up once it breaks $24.75 we should get a nice sell-off on it
