1) $PSTV Received 4.6 million reimbursement payments from US Government (8.02) SO WHAT!
Stock Gaping up +100% imo this should be nothing more then a pop and fade sell-off back to $10.50-$11 and under, this is up way too much on this news, so would consider nibble small short at $17 room to $20 at the open once this snaps $15 we should get the fade I’m looking for this is nothing more then a short squeeze imo.
2) $OSTK They appoint a new CEO but sneak in CFO who does their books resigns (14.97)
Stock Gaping down -$2 I like anything under $13 to pop at open from pre-market towards $15 top it off then slow fader, However, if this yanks I am expecting a snap to $11.50 and under then bottom curl it then look to go long back to highs. It should be fun today, I will be playing this on weakness
3) $CHWY Nomura out with a nice $36 PT BUY rating Buy the weakness (26.39)
Stock Gaping up +$+.80 I like this one would pick up some LONG at $27.20 area room to add on ANY pullback at the open towards $26.75 and under then look for a nice slow move towards $29-$30 on the stock
4) $PSMT to join the S&P 600 (60.34)
Stock Gaping up +$5 I like to get a little more pop at the open towards $67+ lean into it short and look to gap fill this back down at least to $62.50 and under, higher it pops better the fade, if you take here on the bid at $65.60 short give it room to pop a little more then nail the short for a few solid points
5) $ALV Interm CFO resigns abruptly (78.25)
Stock Gaping down -$4 I would nibble some long here at $74.50 and under give it room to $72.50 in case it pulls a little more, looking for the stock to bottom curl and get back to $76.50 and more, this weakness should be bought up today
6) $EXAS receives FDA approval for Cologuard (103.97)
Stock Gaping up +$8 would nibble some short at $110-$111 area room to $113+ at the open in the end this should simply gap fill back down to $105 and under. Nothing more imo then pop and fade higher it goes better the fade for us to the downside. If you take now short use small size in case we get the $113+ pop at the open
7) $ROKU Interesting NO ONE out this morning to defend the stock (108.05)
Stock Gaping up +$2 I like this to pop at the open a little more towards $111-$113 area on short covering squeeze then like to see another short fade on the stock this time take it to $100 an under, no one is stepping in to buy this stock or defend it, imo this should fade again today, so let it set up once we snap $107 we should get the all day fade were seeking towards $100 LET THIS SHOW YOU TRADERS!!!!
8) $GWPH EC has approved the “marketing for EPIDYOLEX” (128.92) TOP SHORT IDEA
Stock Gaping up +5 imo this is nothing more then a gap fill fade back down to $129 and under, if you take here at $133 give it room to pop stupid at the open and look for the fade to come in, NOTE: $GWPH tends to always sell-off on any PR and NEWS that comes out so be wary of that and look to short it.
9) $TTD Market down stock is in play for more downside (207.05)
Stock Gaping down -$2 You know the drill, pop at open towards $209-$211 area then top it off then look to fade this under $200 then bottom curl it then slow all day move to the upside, if this yanks at open hard watch the $200-$202 area then shorts will come in and quickly squeeze this back up through $210+ or more then we fade it again, I will be playing this today
10) $NFLX Continues to slide with concerns of the on-going stream service competition (270.75)
Stock Gaping down -$3 I would like small pop at the open towards $270-$272 watch for topping then look for another possible sell-off back down to $262-$263.50 and under, more this pops at open once it breaks we should get more selling off, like $ROKU no one is out defending the stock this morning which imo is creating more sell-off
$SHOP Market pulling a little like this to do what it does (318.82) Gaping down -$3 would actually nibble some long here at $315 area room to $312 like the stock to push at open towards $320+ then lean into it short and look for a nice sell-off on it towards $310 and under today as long as the market continues flat should pull it towards $310 if this yanks at open to that simply add more into you long position
$AVDL FDA agrees to reduce the sample size on Phase 3 study (3.37) So STUPID imo this is nothing more then a pop and fade and sell the news, so let’s see if it pops again at the open towards $5 or more then we get get in and short it with size and slow fade it back down to $3.60 and under, more it pops an newbies chase it better the fade for all of us
$AEIS Citi out with a BUY rating and $68 PT (56.20) Gaping up +.80 anything under $57 imo is a buying opportunity, look for the stock to have a decent day it in towards $59-$60 any pullback or gap fill at the open under $57 I would be a buyer on the long side
$CRWD Market pulling some, like to get this back down to $64-$65 on any pullback LET ME KNOW and I will be a buyer on the stock for a nice 3-4 point bounce, more it pulls at the open more I want to buy the stock, one to watch for easy money. Right now stock is gap