1) $NEWA I like to see this rebound to $13.50-$15 towards today (11.83)
Stock Gapping up +.80 any pull at the open towards $10 spot like yesterday I am a buyer watch for volume and hopefully we get bottom curl on it and go long for a nice 1 point or more on it

2) $LB Earnings Miss (31.89) This should get gutted today, BUT we must wait for it
Stock Gapping down -$2 I would like to see this push at all at open to $31 area then scale in short for an all day fader on it, if this pulls at all at the open to $28 area you must bounce it for 2 points before shorting it. Horrific numbers this should get gutted multiple downgrades

3) $HRL Earnings Miss (38.51)
Stock Gapping down -$2 I like to see this actually get bought up today on weakness and look for a gap fill back to $38 if this pulls at the open at to $36 and under I am a buyer on this, Wall Street love to buy $HRL on any weaknesses

4) $ACIA Piper out with a OverWeight with $46 PT from $38 (38.23)
Stock Gapping up +1 I like to see small pop at the open maybe we get thru $40+ then short it and gap fill it back to $38.50 bottom curl then look to go long on the stock all day slow move to the upside, if this pulls at the open and gap fills I AM LONG on it

5) $WSM Earnings Beat (62.61)
Stock Gapping up +$5 I like to see a short squeeze out of the gate to $69-$70 area then scale in a few short and look for this to come down to $64-$64.50 or under on bottom curl then look to go long, I like the beat especially on-line sales but hard to buy here let it pop and drop then we nail the long side of it

6) $EXAS Multiple upgrades this morning $74 and $90 from Leernik (65.32)
Stock Gapping up +1.25 I would like to see a small pop at the open towards $69-$70 then scale in short on it gap fill it back to $66 and under then bottom curl on it then look for a nice slow move to the upside back to highs, basically let it set up for us. Should be fun

7) $VEEV Gapping up already pre earnings not yet out (88.99)
Stock Gapping up +2 I would wait for small pop then look for full gap fill to $89.25 and under take a few long ( I took a starter to $89.25) then look for a nice move towards $91+ any pop at the open I would sell into that. If it yanks at open to $88.50 and under I will add to my position

8) $PLCE Earnings Beat and raises FY19 EPS above consensus (137.50)
Stock gapping up +6 I would like to see full gap fill either in Pre-Market or at the open then scale in a few long and see if we get thru $140-$142 at the open. If this pops at the open let it push to $145+ then look for a short on it for a nice slow move back to $138 and under then long

9) $DXCM acquires TypeZero Tech Multiple upgrades all around $150-$160+ (138.09)
Stock Gapping up +4 I like to see a little more possible pop at the open maybe we get $145 on it then look to short and gap fill this back down to $140 and under, if this pulls at open to $140 and under at the open I would go long the stock for a slow all day move to the upside

10) $NFLX testing 33 countries no longer able to sign up to $NFLX using Apple Pay (344.44)
Stock Gapping up +5 I would take some short at $348.50+ room to add on any pop out of the gate look for this to gap fill to $346 on it then bottom curl then look for more upside move on it

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Notable Calls:

$CMG Now real news I can find significant to pull the stock down (523.58) Gapping down -$9 would nibble some long at $514.50 small piece give it room to $510 on any pullback look for a nice push to $519-$520 at the open on short covering

$BABA Earnings Beat (177.85) Stock gapping up +7.5 I like to see small pop at open maybe we get $186-$188 then scale in short and fade it back down to $180 and under on profit taking BABA tends to give back Earnings gains so watch for the $180 to cover once it starts to fade

 

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