1) $SGMO Positive update on Phase 1/2 (11.40)
Stock Gapping up +$2.30 IMO this is nothing more then a pop and all day fader back down to $12 and under, more it pops better the fade this is up on Phase 1/2 a long way to go be aware
2) $ITCI Phase 3 miss (13.46)
Stock Gapping down -2.46 I’d like to see this sell off more at the open towards $9.50-$10 and under then small bounce, if this pops at all at the open watch for topping then all day fader on it
3) $PRVL Fast Track Gene Therapy UP THIN (10.51)
Stock Gapping +$1.20 Parkinson I’d like to see this actually pop at the open if it comes towards $12-$13 spot then watch for topping on it then slow fader if the lower lows sets in at the open look for gap fill back to $11 and under, let this set up at the open. Key word is Parkinson’s
4) $AZZ Getting smacked on #Earnings actual beats BUT REAFFIRMS Guidance (46.10)
Stock Gapping down -$5 with only 100 shares from Market Maker, I would like to see this actually gap fill back to $44+ then top it off then slow all day fader, if this open $39-$41 area watch for bottom curl and go long, I think this simply pops pushes then we lean into it short, but if this pulls hard I WANT THIS TO THE LONG SIDE and fill the gap
5) $NTAP Citi out with a sell rating and Price Cut to $55 from $67 (62.41)
Stock Gapping down -$4 I would nibble LONG anything below $59 room to add at the open like to see this pop and gap fill to $60-$61 at the open top it off then slow all day fader to the downside, if this yanks hard at the open watch the $56-$57 area bottom curl and long it this should gap fill quick then slow all day move to the downside
6) $INSP UNH has decided to add coverage for the co Inspire Therapy (63.88) GOOD NEWS
Stock Gaping up +$5 I’d like to see small pop at the open possibly towards $69-$70+ then top it off then slow gap fill fade to $65 and under, if this snaps $67.75 and under look for the move to $65 on the gap fill then bottom curl it then go long for all day slow move to the upside. This is a great news for the company so don’t be surprised if this pushes hard at the open before we lean into it short
7) $CRWD Multiple PT increases ranging from $66-$100 (JPMorgan is $100) (67.21)
Stock Gapping up +$2 I’d like to see this pop at the open towards $70-$72+ area then short it and gap fill it back down to $68.50 and under bottom curl it then slow all day move to the upside, if this yanks hard at the open and hits Gap fill $67 and under I would scale in LONG for all day move to the upside
8) $CPA Gaping down originally on GOL June Traffic Growth (103.34)
Stock Gapping down -$8 nice walk up from Janni Moore this morning from $97 I would like to see this actually snap at the open towards $100-$101 then bottom curl it I don’t think this goes higher then $105 not with UBS downgrading the stock last month. I’m more on the short side of this move to $104-$105 higher it pops imo better the fade for us to the downside to $99-$100
9) $FFIV Goldman Sachs out with a $120 PT from $165 SELL Rating (147.66)
Stock Gaping none, NO market makers on it, so wait for the drop at the open I’m thinking $144 and under then we gap fill it back to $146.50-$147 area then all day fader, more this pulls at the open better the range for the upside on it. Should set up nicely for us with the dow down -100
10) $AAPL Rosenblatt out with a sell Rating and $150PT (204.23) S T U P I D Analyst
Stock Gaping down -$3 I’d like to see this pop at open towards $203+ then top it off and slow fader back down to pre-market lows, if this yanks at the open watch the $199-$200 area for shorts to come in and cover for quick points then top it off then we fade it
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Notable Calls:
$BA Saudi’s Pull 5.9 Billion 737 Order for AirBus (355.86) I’d like to see this sell off at the open towards $347-$349 then small pop back to $352-$354 area then all day fader on it, if this pops and gap fills to $352-$354 area at the open watch for topping then lean into it short for an all day fader
$BYND with Market down would like another pull on it today (152.63) Gaping Flat, would like to see small pop at the open if it comes to $154-$155+ area then look for slow sell off on it, if this pulls hard at the open towards $147-$149 area bottom curl it then slow move back to pre-market highs
