1) $CWH Earnings Miss (10.38) JPM Lowered to $11
Stock Gaping down -$3 would nibble long $7.25 are room to $6.75 looking for a pop at open to $8.50-$9 then all day fader on it. If this pulls hard at the open watching the $6.50 area as bottom on the quick snap
2) $GDOT Earnings disaster like $TWOU everything cut in half (47.26)
Stock Gaping down -$23 watch for pull at the open towards $20-$21 and under then take some long let it pop 3-4 points on short covering squeeze, I would NOT go long at the open unless it pops good through $26+ then we run quick to $28-$30 top off and fade it. This will fade most of the day so be careful
3) $TLND Earnigs mixed issues downside guidance (32.04)
Stock Gaping up +8 I would nibble small short here at $40 area room to $42 look for a 3-5 point gap fill pull back on it then look for bottom curl then slow move to the upside. This should come down to $35 and under before going back up (reading the report this gap up doesn’t justify)
4) $STMP Earning Surprise (46.27)
Stock Gaping up +$12 like to see small pop at the open to $59-$60 top it off look for a nice 5-7 point gap fill pullback then bottom curl it then look for slow all day move to the upside, imo this should pullback to $53-$54 area at the open on profit taking, alot of bagholders holding this, the more it sells off better the range to the upside, this will NOT gap fill imo so don’t look for that
5) $LITE Earnings Beat (54.96)
Stock Gaping up +$5.20 Like to to see this push a little more at the open towards $61-$62 top it off then look for a nice gap fill profit taking sell-off to $56 and under. If this pulls at the open to $56 and under on profit taking scale in long for slow all day move to the upside
6) $LYFT Beat Beat Beat all around Great report (60.29)
Stock Gaping up +$5 I would like to see a little more push out of the gate towards $68-$70 then look for a 3-5 point gap fill sell off on profit taking bottom curl it then look to go long, imo this will NOT fully gap fill so do NOT look for it stock should pull down to the $62.50-$63 area imo then bottom curl then all day move to the upside
7) $CVNA Earnings Beat (57.91) Watch for profit taking on this one lots of Bag Holders
Stock Gaping up +$14 I would nibble small short here at $71.50 room to $73.50 pop at the open once this snaps $69-$70 should flush out back down to $60-$62 then bottom curl it then slow all day move to the upside,
8) $JACK Earnings Beat (74.43)
Stock Gaping up +9 I like to see this small pop at the open towards $85 if it comes then look for a nice gap fill sell off to $76-$77 then bottom curl it then slow move back to highs, more this shoots out of the gate better the range for us to the downside, $JACK tends to give back 1/2 there earning gap gains so watch for quick short on it after initial pop
9) **$ICUI Earnings Disaster (245.67) Tricky Stock play small 50-100 shares Lots of Range
Stock Gaping down -$80 I would take small long here at $166-$167 room to $160 pull at the open look for quick 10-15+ point short cover then top it off then all day fader, if this yanks to $150 at the open I am a buyer on that, some downgrades on it but all around $200+ so Just be patient play small, if you wait for the open…..this needs to push through $172-$173 then we get the quick 10+ short covering.
10) $NFLX wins out and gets Game of Thrones (304.29) This is a BIG win for $NFLX
Stock Gaping up +7 I like to see a little more pop at the open to $313-$315 then look for a nice profit taking sell off to $306-$308 and under bottom curl then slow move to the upside all day. More it pops better the fade for us to the downside
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Notable Calls:
$AVLR Earnings Beat (80.48) Gaping up +$7 like to see this push at the open to $90-$92+ then look to short it 3-5 quick points then bottom curl then slow all day move to the upside, If this pulls at the open at all look for $83-$84 area as the bottom this beat on all 3 areas
$WMGI Earnings Miss (28.06) Gaping down -$5 like to see a little more sell off at the open towards $20-$21 and under then bottom curl it play it back 2-3 points to the upside, if this pops at the open at all towards $26+ scale in short look for an all day fader on it
$$DBVT Gaping up on Peanut Application (9.14) nothing more then a short short short $10.75+ any pop at open simply add into it look for a pullback to $9.40 and under on profit taking
$HUN divest (18.27) Gaping up +3 looking for small pop at open to $23-$24 top it off then slow 2-3 point gap fill fade on it, if this dumps at the open look for $19.50 and under would be a BUYER on it back to pre-market highs
