1) $DF JPM out with Underweight and a $6 PT from $9 (8.63)
Stock Gapping down -.70 cents I like to see this pull at the open maybe touch $7-$7.25 then go long and bounce it for 1-1.5 points then look for an all day fader, if this pushes at open and gap fills back to $8.50 area I would be short for an all day fader on it.
2) $CNET Earnings Beat (1.91) To me this will be nothing more then a pop and fade
Stock Gapping up +.60 any pop at the open I would like to see this maybe hit $3-$3.50 then look for an all day fader on it.
3) $TIK Potential big multi million dollar contract with German Govt (2.60)
Stock Gapping up +1.90 I like to see this pop at the open towards $5-$5.50 spot or more then top it off and watch for the lower lows to set in and look to fade it all day slow fade back to $3 and under. I read the PR on it and it concerns me that its not yet in writing. so be careful
4) ******$ESPR Citi out with a huge PT from $48 to $75 (46.67)
Stock Gapping up +2.5 I ike the upgrade BUT I would like to see a small pop maybe thru $50+ tem short it and gap fill it back down to $47.50 and then bottom curl it and go long on it for an all day slow move back thru $50-$51. I took a nibble short at $49 with room to add at the open. I like to gap fill this first since its gapping up thin.
5) $AMAT Being pulled down on $NVDA numbers (47.43)
Stock Gapping down -$2 2 ways to play this, this pulls at the open hard to $42-$43 then go long and bounce it for 2-3 points, or this pops at open shorts cover bring it back up to $47 area then look for a nice all day slow fader to the downside
6) $JWN Earnings Beat across the board (52.28)
Stock Gapping up +3 I would take a few long down here at $55.75 level with room to add on any pullback at the open and look for this to head back to $56-$57 highs on a short squeeze, if this yanks at the open to $53-$54 I would be a buyer for an all day slow move to the upside
7) $CRMT Earnings Beat (67.00)
Stock Gapping up +4.25 I like to see a little more pop at the open towards $73-$74 if it comes then look to short this and gap fill it back down to $68 and under, if this simply dumps at the open and gap fills to $68 and under I would be a buyer and go long for an all day slow move to the upside on it.
8) $DE Earnings Miss (137.35)
Stock gapping down -9 points I like this to recover back to $136+ at the open then watch for topping then look to fade it all day conference call coming in a little bit if this drops at the open to $128-$130 I would take a few long and bounce it again. So far its recovering lets see how it opens
9) $NVDA Earnings Miss (257.44) Like I said I think this was leaked out way before (257.44)
Stock Gapping down only -5 was down 11, I like to see a little more pop at open towards $254-$255 then look to fade it back down all day if this pulls at open to $245-$248 area I would be a buyer on it and look for the stock to rebound back thru $253-$255
10) $TSLA Gapping down on Negative news and some words from Analyst UBS (335.45)
Stock Gapping down -12 points take a little starter here with room to $320 at the open looking for a 2-4point rebound off the bottom on short covering, stock getting hit hard this morning, but I’m anticipating shorts to cover like normal and pop it stops at $318 on it will be patient
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Notable Calls:
$LRCX Pulling down on $NVDA earnings (174.29) gapping down -3 points, I would like to see small pop at open to $173+ area then scale in short for potential all day fader on it.
$BIDU Gapping up GOOGL search engine delay on launching (217.30) +4 POINTS let it push a little more at the open then short it for a 2 point or more pullback to $219 area then look for bottom curl then go long on it for an all day slow move back to highs
