1) $NEWR Earnings Miss but being defended almost everywhere (83.76)
Stock Gaping down -$22 I took a nibble long at $61.50 will give it room, I might be early but with the defenses out there and the markets pulling even more so, I’d like to take advantage of this and see if I can get it back to $65+ or more. Giving it room to $50 on it. But checking 1 year out this is the lowest in the last 12 months Simply looking for a short covering bounce on it
2) $WW Earnings Beat subscriptions up slight (21.01)
Stock Gaping +5 like to see small pop at the open towards $26-$27 THEN watch for slow bleed gap fill on it to $22-$22.50 and under on it, if this yanks at the open to same area bottom curl it then look to go long on it. More it pops imo better the fade for us
3) $RYTM Phase 3 approval (19.00)
Stock Gaping up +6 Like to see this simply sell off any pop at the $25-$26 area and bring it back down to $21.50 and under on profit taking, I don’t think this holds if it snaps $23.50 should fall fast on it
4) $NVTA Earnings Beat (24.91)
Stock Gaping up +$4 would nibble small short at $28.50 room to $29.50 pop at the open think the stock will give back to $25.50-$26 and under then bottom curl it then slow move to the upside. If this yanks right at the open watch the $25.50-$26 area and look for bottom curl on it and go long
5) $KAR Earnings Miss (26.00)
Stock Gaping down -3.5 Mostly reaffirming guidance would try and nibble some long at $22 room to $20 at the open stock should rebound back to $23.50-$24.50 top it off then slow fader on it if this pulls at open $20 and under I would be a buyer and short cover squeeze it back to $22-23+
6) $INGN Earnings Miss (55.18)
Stock Gaping down -$14 I would be a BUYER at $41 area room to $39 to add at the open think the stock should recover back to $47-$48 top off then slow fader back to lows, If this yanks at open to $39 area or under I am a BUYER on the weakness, numbers not horrible so we should get some decent short covering at the open
7) $PLNT Earnings miss (77.50)
Stock Gaping down -$6.50 Like to see small pull at the open towards $68-$69 and under then look for shorts to cover 3-4 points top it off then slow fader back to lows, more this pulls better the range if you take long small now here at $71 don’t think we will see more then $73-$74 on topping then slow fader on it
8) $MTCH Earnings Beat (73.91)
Stock Gaping up +13 Like to see small pop at open towards $88-$90 top it off then nice 5-7 point pullback, if this yanks at open towards $77-$79 bottom curl it then slow all day move back to highs on it this will not gap fill
9) $SEDG Earnings Beat (64.18) upside guidance +90 million wow!!!
Stock Gaping up +13 like to see this squeeze more at the open through $80-$85 area for nice quick money, then look to top it off then slow fade 4-6 points on the downside, if by chance this pulls at the open to $70-$72 and under on profit taking I would be a buyer on it This will not gap fill
10) *******$IAC On $MTCH Numbers (233.18)
Stock Gaping up +27 I would nibble some short here at $258-$260 area room to $265 at the open looking for this to gap fill to $245-$250 an under on profit taking, stock is up way too much think investors will cash out on this gap up
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Notable Calls:
$GWPH Earnings Blowout (152.42) Gaping up 15 Typically $GWPH likes to squeeze when they beat so look for a push at open to $171-$173+ then watch for topping then look for some gap fill to $161-$163 and under, if this pulls at the open be patient watch for bottom curl on it then LONG it for all day slow move to the upside
$GH Earnings Beat (90.50) Gaping up +$18 Like to see small pop at the open towards $112-$115 then look for a small gap fill pullback 4-6 points then bottom curl then slow move back to highs. Revs up 30-40Million so stock should hold above $95+
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