1) $NFLX JPM reiterating BUY BUY BUY with $425 PT told you last week at $253 BUY (263.31)
Stock gapping up +2.5 I warned you all week this DIP is a HUGE buying opportunity most of you ignored even with Earnings coming up, this upgrade is this the beginning of many more to come. Read JPM Notes they say exactly what I told you all on MOnday. IMO this will continue to move towards $275-$280 in the next coming days. Stock should push hard at open towards $268-$270 then pullback to $263-$265 and under bottom curl then ALLLLLLLL Day slow move to the upside
2) $ATRA Goldman out hard with SELL rating and $9 PT (13.58)
Stock gapping down -$2 I like to see small pop at the open on short short covering and short adding up to $12.80-$13.30+ top it off then slow all day bleeder back to lows, Higher this goes better the fade for us, let this set up for us, if this drops like a hammer at open to $10.50 and under expect shorts to come in and cover for 1-1.5 quick points this is Goldman Traders
3) $CAMP Earnings Miss lowers guidance (11.74)
Stock gapping down -.50 like to see small pop at the open towards $11.60+ top it off then slow fader, if this pulls hard at open (which is what I want) let it hit $10-$10.50 area bottom curl then slow move to the upside
4) $LTM Delta Buys 1.9 billion stake in the company (9.01) This is significant to LTM
Stock gapping up +$4.5 I like to see this come down to $11 area and under, I don’t think we see $10 but I’d like the $11 and under watch for bottom curl then slow all day move back to pre-market highs towards $13. More this pulls at the open better the range to the upside, if you start now long, give this room to pull and add into it, the bottom curl is everything on this play today
5) $PRGS Earnings Miss everything was in line (41.93) I believe this will be bought on weakness
Stock gapping down -$4 like to see small pop at the open towards $39.50-$40+ area top it off then slow fader 1-2 points, if this yanks at the open watch the $34.50-$35.50 and under bottom curl it then slow gap fill back 2-3 points to the upside
6) $MU Earnings Disaster (48.60)
Stock gapping down -$2.5 like to see small pop at the open towards $47-$47.50 on short covering top it off then look for all day bleeder on it, if this yanks at the open hard I like $43-$44 and under bottom curl then slow move 2 points or more towards $46-$46.50
7) $FUL Citi out with a SELL rating and $41 PT (46.70) *** TOP SHORT IDEA*****
Stock gapping down -.60 would nibble some short at $46.20 room to add at the open on any push or short squeeze towards the gap fill top it off and look for slow all day fade to $43-$44 and under should be fun and slow all dayer to the downside.
8) $LVS WOW!!!!!! The BIG ONE Joining the S&P 500 WOW!!!!! (55.88)
Stock gapping up +3 I would like to see small pop at the open towards $60 slight pullback 1-2 points then all day grind back through $60 IF we get lucky and get a pullback to $57 area or under anything with $57 and under I would be a buyer, let this set up, but imo this should be an all day move to the upside
9) $MTCH Evercore sees 30% upside with $95 PT (71.44)
Stock gapping up +$3 like to see small push at the open towards $75-$76 if it comes then top it off gap fill this short back down to $72.50 and under bottom curl it then slow all day move to the upside, If this dumps right at open to $72.50 and under I would be a buyer take starter position add on weakness, I do NOT think this will fully gap fill, but when leaning into it long for a starter give it room.
10) $LRCX Getting smacked on $MU Earnings (242.83) Remember its not them reporting
Stock gapping down -$6 I would love for this to pop and gap fill at the open towards $240+ then top it off then slow fade back down to pre-market lows, if this yanks hard at the open watch the $230-$233 area bottom curl it then slow gap fill back up 3-5 points or more, let this show you at the open, would prefer the pop, gap fill to $240 then fade it.
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Notable Calls:
$MTN Earnings Beat (230.27) Gaping up +$6 NO MM’s on it yet like to see small pop at open towards $242-$246+ top it off then 3-4 point pullback gap fill bottom curl it then slow all day move back to highs, if this gap fills at the open towards $231-$232 area or under I would be a buyer on the bottom curl weakness and take it back up to $236++
$TTD Market gapping up (194.40) gapping Flat, I like to see small push as normal at the open to $198-$200 then decent pullback to $190-$192 area and under bottom curl it then slow move back to highs, more it pops at the open better the range for us to the downside for bottom curl
$GOL Delta pulls out their stake in the company to BUY LTM OUCH!!! ($16.43) Gaping down -$2 I would like to see small pop at the open towards $16 area or more top it off then slow all day fader back to $14 area and under, if this yanks hard at the open to $13.50-$14 and under watch for bottom curl it then grab a quick 1-1.5 points to the upside and be done with it
