1) $THST Some garbage about Sale wholesale wine business to Percept Brands (1.48)
Stock Gapping up +125% I like to see this possibly squeeze a tad more at the open maybe we get lucky and hit $3.75+ then look for lower lows to set in and we fade this crap back to $2 and under
2) $AKBA Raymond James out this morning pounding the table to BUY with $18 PT (7.82)
Stock Gapping up +35 cents took a starter at $8.15 will add on dips this has been beaten down a ton yesterday so I think we see a potential rebound to $9.50-$10 on this upgrade willing to play it out.
3) $VERI Earnings disaster missed on all points (15.80)
Stock Gapping down -$4 I would actually nibble a few long at $12 spot and see if we can’t get a gap fill push at the open to $13.50+ then top it off then all day fader on it, if this pulls at open hard to $10 and under I am a buyer long on it for a short covering squeeze for 1-2 points for quick money
4) $SWCH Earnings miss (13.98)
Stock Gapping down -$3.50 I like to see a small pop at the open on short covering would be a buyer here at $10.50 area room to add at the opening pull if it comes, I think shorts will cover this to $11.50-$12 before topping off and fading it. More it pulls at the open better the play for us to the upside on the short squeeze
5) $HUYA Earnings Miss across the board (32.88) this is also driving $YY down a lot
Stock Gapping down -$3 I like to see a small pull at the open to $28 area and under then look to go long on it and play the nice bounce for 2 points if this pops at the open and gap fills to $31-$31.50+ I would look to lean into this short and fade it all day
6) $TPR Surprise Earnings Beat (47.46) NOTE: $TPR tends to fill there gaps on #Earnings
Stock Gapping up +3.5 would take a small short here at $50 room to $52 at the open should top off then look for a nice gap fill pullback to $49 at the open if this pulls at the open to $49 area I would bottom curl it and look to go long on it
7) $BZUN Mixed Earnings (52.72)
Stock Gapping up +4 I like to see a little more squeeze at the open maybe we see $58 on it the top it off and look to fade this back down to $52-$53 area this is going to be a little tricky cause the earnings were mixed but if this pulls at the open at all $52 should be the bottom if that before launching again, keep in mind this was below $49 in Pre-Market so I am anticipating some sort of sell off on it
8) $YY Earnings miss (87.67)
Stock gapping down -6 I like to see a push at open possibly thru $83-$84 then look to fade this back down all day long, if this pulls at open and dumps to $79-$80 area I would look to bounce this for 3-4 points on short covering, personally i like to see this pull down quite a bit then bounce it
9) $CB DB out with a $126 PT cut to sell rating (134.98)
Stock Gapping down -$2 2 ways to play this, this pulls at open to $130 area and we bounce it for 2 points or this pops at open to $134+ and we scale in short for an all day fader on it to lows
10) $AAP Earnings Beat top and bottom (144.84)
Stock Gapping up +$10 I like to take a small amount short here at $154.50-$155 with room to $158+ at the open looking for a nice gap fill pull back to $148 and under then bottom curl then look to go long on the stock for a nice upside move
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Notable Calls:
$TSLA Drama Drama Drama now a committee (356.41) Don’t see a harm in getting a few at $356 level have room to $352 on it if it pulls and look for a nice 5-7 point push possibly at the open I am a buyer at $350 and under like yesterday should be fun.
$ICUI Current block trade going on, on this (293.15) Gapping down -$4 took some long at $289 will add on dips and give it room, looking for this to get back and fill the gap +2 more should be fun
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