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Pre Market Game Plan by AJ – 5/26/17

1)  $TOUR   Earnings Beat (8.16)
Stock gapping up +.50 I would take a few LONG at $8.65 add on any pull back at the open. I think this has room to $9.50 possibly $10 before it starts to fade off. I like this to play out today

2) $ZOES  disappointing Earnings AGAIN (16.20)
Stock gapping down -$2.20 I would consider taking some long here at $13.96 with room to pull at open to $13, have a small average, look for this to gap fill some at the open to $15+ possibly then top it then all day fader. I like to see shorts covering first at the open with small squeeze then fade it all day, if this yanks to $12 for sure bounce this baby

3) $GME  Earnings Miss (23.62)
Stock gapping down -$2 2 ways to go on this, this pops at open to $22.50+ then watch for topping on it then all day fader more, it short covers at open better the all day fade, it this pulls at open to $20 or under go LONG and play a slow 1-1.5pt to the upside on it

4) $NTNX Earnings Beat (17.57) Swing idea from earlier this week from #Analyst we picked
Stock gapping up +$3 I like to see a nice quick pop at open to $21+ if it comes then watch for topping then look for some profit taking pullback I would like to see $18.50-$19 on the pullback the continue long. If this dumps at open hard to same area watch for bottom then enjoy a nice all day slow move to the upside

5) $TRGP  Earnings Miss (48.47)
Stock gapping down -$2 I like to see this actually short cover some at the open to $47.50+ then watch for topping then all day bleeder on it, if this pulls at open to $45 or under go LONG and play a nice bounce for 1-1.5pts

6) $BIG  Earnings Beat (48.37)
Stock gapping up +$4  2 ways this pops at open and squeezes a little more to $53-$54 then look for topping then short it on gap fill to $49.50 and under then go long, if this pulls at open chase a few to that $49.50 and under spot then go long on it. Should have nice range today on this gap up

7) $DECK  Earnings Beat (56.57)
Stock gapping up +$8 I like to scale in some SHORT here starter at $64.50+ look for possible pop to $66 top it then short it and gap fill it back to $58 and under then go long, if this begins to pull at open chase and flush it down on profit taking to that $58 spot and under then go long on it

8) $SPLK  Earnings Miss (67.09)
Stock gapping down -$6 if this pulls again at open to $60 spot or under go long and play a nice 3-4pt bounce then short it, if this pops at open to $66+ on gap fill short covering watch for tipping then look for this to make a nice all day fader on it

9) $VEEV  Earnings Beat (61.74)
Stock gapping up +$4 I like to see this pop a tad more at open to $66-$67 look for nice topping on it then gap fill it and pull it back down to $63 and under on profit taking. If this sells off at open chase it down to $63 and under then go LONG stock has range

10) $COST  Earnings Beat (174.73)
Stock Gapping up +$3 Like to see this pop more at open to $178-$180 then look to pull it back short to $175.50-$176.50 and under then go long for an all day slow move back to highs, watch the nice pop small decent pullback then long again

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Notable Calls:

$SINO  “continues” strategic partnerships (2.80)  Really? Really? were popping on this crap
Stock gapping up +.40 Take a few long at $3.20 let it pop at open on chasers watch for topping then let this just fade back to $2.90 and under imo the news is so lame shouldn’t even be mentioned, but to me its a short opportunity so why not

$JKS  Morgan Stanley d/g the stock (21.46) Let this push at open on gap fill to $21.10+ then scale in SHORT look for an all day fader on it, if this pulls hard at open to $19 and under watch for bottom curl play a slow 1-1.25pts to the upside

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