1) $AFMD imo this is nothing more then a pop and fade back to $2.50-$3 and under. (1.60)
Stock Gapping up +3 let it pop and be chased IF we get $4.50-$5 imo that will be it I will be looking for the fade on this and lower lows to set in quick so watch for it, This will be interesting so let it set up
2) $BILI Earnings Beat (11.53)
Stock Gapping up +$1 would nibble some LONG at $12.48 area if this pulls at open to $12 and under would add a few on it and look for this to have a decent move maybe see $13.50-$14 on it and top it off. If this yanks at open and gap fills I am a buyer
3) $LASR Benchmark out with a sell rating and with a $17 PT from $28 (31.19)
Stock Gapping down -$3 I like to see a push at open to $30-$30.50 like $BE yesterday gap fill on short covering then scale in short for an all day fader on it, if this yanks at open to $25 area I am a buyer and will bounce it for 2-3 points on it for quick money
4) $AKCA CRL letter from the FDA (33.12)
Stock Gapping down -$7 I like to see this get a quick gap fill pop at open maybe thru $30+ if we get lucky then top it off and fade it all day, I nibble some long at $24 level for the pop, but if this pulls at open to $22-$23 I would nibble some long on the bottom curl and play the quick 2-4 points bounce on short covering
5) $DSW Earnings Beat top and bottom (27.20)
Stock Gapping up +$6 I like to see this sell off and gap fill back to $30 and under on profit taking, if this pops at open towards $34-$35 I would be looking to top it off and short it. Either way I think this gap fills back to $30 and under then we go long on it.
6) $IONS CRL Letter negative for the company (53.70)
Stock Gapping down -$6 2 ways to play this, this snaps at open to $45 and under and we go long and bounce it, or this pushes at open we chase it back to $49-$50+ area top it off and then we fade it for the day. No matter what this should sell off, but lets see if shorts cover first then we will attack it
7) $BBY They beat top and bottom but gapping down (81.66)
Stock Gapping down -$5 I like to see this get bought right back up to $79-$80 at the open so I will be looking for that if this pulls at the open at all to $75-$76 I would be a buyer and play the 2-4 points bounce on it.
8) $XLNX William Blair out with a $90 PT from $71 (75.24)
Stock gapping up +$2.5 nibbled a starter at $77.35 will give it room to $80 looking for a gap fill pullback on it to $76 and under, stock had a big run yesterday I think this was leaked out, so like to see it pop, pullback and drop then go long on it for all day move to the upside.
9) $TIF Earnings Beat (129.78)
Stock Gapping up +$9 big win for TIF would like to see a little more push at the open towards $140-$142 then would scale in a few short and gap fill it back down to $135 and under, it won’t even come close to filling the gap but at least we can get 3-5 dollars to the downside on it
10) $EL Morgan Stanley out with and upgrade to $160 from $159 (lol) (138.25)
Stock Gapping up +3.5 I like to see a little more push at the open maybe we see $144-$145 then we gap fill it back down to $139.50 and under, I’m trying to get filled at $141.50 right sitting on the bid, I will add as it pops more simply looking for a gap fill pullback on it. then long on it
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Notable Calls:
$TSLA Another day another range play (319.27) gapping down -2 I like to see small pop at open to $320 again then decent 3-5 points pullback or more, if this pulls at open to $310-$312 or under I would be looking for a nice 3-5 points bounce on it.
$TLRY (53.44) Stock was gapping up +$3 now down -$3 would nibble some LONG here at $51 level think it will gap fill back to $53+ then maybe we top it and fade it again, if it pushes thru $55 at the open expect an even bigger push to $58 Let this set up for us.
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