1) $JONE Gapping up this morning yesterdays meeting compliance (6.52)
Stock Gapping up +$3 I would love to short this stock Traders, so would nibble some short at $9.50 area room to $10.50 at the open in case it pops but looking for a gap fill to $8 and under before any bottom curl on it. If this yanks at the open look to cover it. Higher it pops better the fade
2) $ASNA Earning Beat (4.01)
Stock Gapping up +.70 imo any pop at the open would be a nice short on it so watch it pop at open then look for that lower low to set in then look to fade the stock back to $4.20 and under, higher it pops imo better the fade on it. If this begins to yank consider it coming all the way back to $4.25
3) $TGTX delay in Data on Phase 3 (9.25)
Stock Gapping down -$3 I like to see this get bought back up to $8.50-$8.75 this isn’t a FAIL but more a less a stall there data isn’t complete enough to release yet, so it spooked some investors, so if this at all pulls at the open to $5.50 area again, I would be a buyer on weakness imo and walk it back up for 1-1.5 points or more
4) $SAEX Yesterdays high flyer. IMO this may have 1 more day in it so be careful (28.71)
Stock Gapping down -$3.71 took a few LONG at $25 banked a few points already on it, but looking for possibly a pop at open thru $29-$30 if this gets going this could fly, last year this ran huge on the 2nd day so I’m going to see if it does anything like that this time, If not risk 4-5 points and if it dies it dies, but so far its paid some bills already since my early alert to long at $25
5) $TS BofA out with a BUY rating and $40 PT (32.99)
Stock Gapping up +1.79 I like to short this gap up and bring it back down to $33.50 area and under then look for bottom curl then all day slow move back to $35+ for me I would simply short this 2 point gap up here and then add into it if it pops at open its up thin so it should fall quick imo then bottom curl it then long
6) $CGC Benchmark out with a BUY rating and $77 PT (52.50) with $TLRY up this should help
Stock Gapping up +1.30 I like to see this pop at open then gap fill to $53 and under then bottom curl then slow all day move to the upside on it, should be fun imo. If this pops at open to $55 on it look to short and gap fill it back down then bottom curl then all day slow move to the upside
7) $SQ Nomura out with a HUGE increase on the stock to $125 PT (86.04) BUY $92 weekly
Stock Gapping up +$2 I like this to pop a little at the open then gap fill it to $87 area and under then look to go long on it for an all day slow move to the upside if this pops at open hard to $90+ watch for topping then look to fade it nice for 2-3 points then look to go long the stock
8) $RETA announce positive results IgA (91.03)
Stock Gapping up thin +12 I like to see this gap fill back to $95 area if possible, I think we will see some profit taking on it then watch for bottom curl, don’t be surprised if this hits $93 on any pullback, if this pops and runs at open like to see $105+ on it before we start short it back down, stock has range today so I would prefer the pull and pop long imo
9) $TLRY Successful transport to Australia (99.50)
Stock Gapping up +$20 Positive news on this I like to see this come down a little at the open would prefer the $110 and area and under then watch for bottom curl then look to go long, you have to wait for this to set up once it pulls, HOWEVER if this gets thru $120 at the open chase a few to $125-$130 for quick money before it starts to break down on it
10) $FDS Slight Earnings miss imo (231.65)
Stock Gapping down -$12 I like to see small pull at open would prefer $215 level as support then look for a nice 5-7 point bounce on short covering and investors buying the weakness, if this pops at open chase it to $225+ then watch for topping then fade it back down a few
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Notable Calls:
$NVDA BofA out with an increase PT from $340 to $360 (265.70) Gapping up +$3 this should boost the stock today on this increase, so look for small pop at open maybe thru $270+ then look to gap fill this short back to $266.50-$267 then bottom curl then go long should have all day move to the upside on this to possibly $272-$273 let it set up
(would consider buying 275 weekly calls on this)
$FB Instagram Co-Founders leave FB (165.41) Gapping down -$4 I like to see some pop at the open maybe get back to $164 and this get bought up on weakness, However if this pulls hard at the open to $158-$159 area would look to go long the stock and bounce it back to $162-$163 for easy money
$ARGX Gapping up +$5 this morning, NO NEWS (77.89) took a little short at $81+ want it to gap fill first at the open a couple points then look for a nice bottom curl on it then long all day back to highs, if this pops at open will add into the short and then let it gap fill
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