1) $SSC another announcement about 6 Billion dollar signed deal (4.47)
Stock Gapping up +$1 like to see a solid squeeze pop at the open many will chase this, caution on size last time they put this news up in ran and faded I expect exactly the same, BUT this must break $5.75 if it has any chance to make a solid move to the upside, then watch for topping and fade it

2) $IZEA welcomes major US retailer to its on-line marketing (1.51) sooooooooooo
Stock Gapping up +1 imo this is nothing more then a pop at open then an all day fader. To me this news is none sense and it should be shorted

3) $CDMO Earnings Beat (7.17)
Stock Gapping up +1.60 like to see small pop at the open imo towards $9-$9.50 then look for topping and short it back down to $7.55 and under then bottom curl then look to go long, if this pulls at open to look to fade it back down to $7.55 and under

4) $SONO Earnings Disaster (21.24)
Stock Gapping down -$3.50 I like to see this push at open and gap fill some to $19-$19.75 area then watch for topping on it then look to fade it all day, if this pulls at open to $16-$16.75 area I am a BUYER and will bounce this for 2-3 points on short covering, I think buyers will come in on this weakness.

5) $MTRX Earnings Miss (21.30)
Stock Gapping down -$3 I would take some long in the $18’s room to add on any pullback this gap fills and opens to $19.50-$20 then top off and fade it all day, if this yanks at the open towards $17 area and under I am a buyer and will play this to the long side

6) $LMNR Earnings Miss (33.26)
Stock Gapping down -$5 would take some LONG at $27.97 with room to add at the open think this gap fills pop on short covering maybe thru $30 area then top it off and fade it all day if this yanks at open to $26-$26.50 and under I am a BUYER and will play the short covering squeeze

7) $AMD Rosenblatt out with $40 PT this morning (29.89)
Stock Gapping up +.60 I like to see this squeeze at the open maybe thru $30.75-$31 then gap fill fade it back to $29.80 area watch for bottom curl then look to long it. WE need a more creditable #Analyst to get this going past $31 Rosenblatt ain’t it so take what you can on this stock

8) $NTNX Gapping up +Big 20 million contract (51.82) imo this is NOT a big deal
Stock gapping up +2 imo this gap should and will get filled back to $52.25 and under then look for a slow move to the upside. If this pops at open to $54-$55 I would short the stock and simply gap fill it back down

9) $TLRY another headline another move (84.50)
Stock Gapping up +$7 would nibble some short at $91 area room to $93 then look to gap fill this back down to $86 and under on profit taking then look for another solid run to the upside imo MAYBE just maybe today we see $100

10) $TSLA Nomura out with a downgrade to Neutral with a $300 PT (285.50) zzzzzzzzz
Stock Gapping down -$5 imo this should pop at open back to $284+ then top off and fade BUT…If this yanks at open to $275 and under watch bottom curl and go long on it, let it pull because once the buyers come in this will squeeze 4-6 points and real fast.

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Notable Calls:

$RUN BofA out with a BUY rating and a $17 PT from $16(11.95) I like $RUN it’s fun when it gets and upgrade, looking for pop at open maybe thru $13 then watch for topping then short it and gap fill it all the way back to $12-$12.10 bottom curl then look to go long on it for a nice all day move to the upside

$MYGN Barclays out AGAIN with another PT d/g this time to $25 vs $30 (46.74) Gapping down -$2 imo this should pop at open and gap fill back to $45.75-$46.25 then look for topping on it then look to fade the stock. all day back to lows, if this yanks at open to $43 area LONG it and bounce it

$RENN Gapping up on Earnings (1.37) Gapping up +$1 imo I like to see this pop some at the open then look for a nice topping then a slow fader back to lows, in the end the earnings were not that impressive and I think this will just pop and fade

$OSTK CEO sells 10% stake in his company (25.95) gapping down -.65 would take some short add on any pop out of the gate imo this should sell off all day on this news.

 

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