Updates

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Pre Market Game Plan by AJ – 5/9/17

1)  $XXII  Earnings Beat plus raises guidance (1.31) Took a few at $1.36 risk a dime see what happens former runner
Stock gapping up +.5 cents Former Runner think I’ll take a few see if it gets going at all. If it does possible slow move to $2 If not I’ll cut it off

2) $CLNT  YSK disclosed 29.4% Stake in the company (3.27) Former runner
Stock gapping up .80 I like to see this pop at open to $4.75-$5+ then small pull at open, love to see this touch $3.50-$3.70 on a bottom curl then look to scale in a few LONG stock hit $5 this morning, think this could have a little run in it if we get volume on it, it will be one to watch for me today

3) $ENDP  Earnings Beat (10.85)
Stock gapping up +.70 I like to see a quick pop at open then a nice sell off on gap fill to $11 and under if it comes bottom curl then scale in LONG for an all day slow move to the upside on it

4) $VRX   Earnings/Guidance Mixed but worth noting positive (9.71)
Stock gapping up +$1.40 I like this to pop a little then nice pullback on gap fill to $10.40 and under then possible long on it for an all day slow move to the upside. I don’t think this will pop and flag at open but if it does watch for the pullback curl then we can get in long, stock could run to $12+ today just need to see how it sets up today, so far Analyst are on Hold and Neutral

5) $HTZ  Another disastrous quarter (14.91)
Stock gapping down -$2.50 I would actually be a buyer here at $12.40 with room to add on any pullback using 1 point range, I would like to see this gap fill back to $14 area and under before shorting it, so if this dumps and sells off hard at open look for a nice short covering bounce for +$1-$1.5pts or more

6) $NVMI  Earnings Beat (19.22)
Stock gapping up +$2.30 I like to see a little more push at open to $22-$23 on it if it comes then scale in short and gap fill it back to $20 an under then look to go LONG on it for an all day slow move to the upside, if this sells off at open and we get a $20 touch scale in LONG on the curl for all day slow move to the upside

7) $W Earnings Beat (51.13)
Stock gapping up +$7 look for this to squeeze a little more at open to $58.50-$60 area if it does scale in SHORT I think we get a nice sell off on profit taking at $54 area and under I would even take a few now at $58 using wide stops and add if it pops I like the earnings but I feel it will gap fill some at least 3-4pts

8) $FRGI  Earnings miss (24.35)
Stock gapping down -$1.30 I like to see this small pop and at open then scale in SHORT for an all day fader to $22 and under, if this pulls at open hard to $22 and under watch for bottom curl play a 1pt bounce on it then reshort it, if this pulls at open let it flush then go long on it fills some gap then short it

9) $WRLD  Earnings Beat (63.50) HUGE!!!!
Stock gapping up +$12 I like to see small pop at open to $77 would even take a few here short as a small starter with room to add then look for a small sell off into the ccall coming and look for a nice fade to $71-$72 then go long on it, if this dumps at open chase a few to the $70-$72 area then watch buyers come in and go long on it.

10) $NVRO  Earnings Miss (86.30)
Stock Gapping down -$6 I like to see this pop a little at open to $82-$83 if it comes then scale in short for a nice all day fader on it, higher it pops better the fade if this pulls hard at open look for the $75-$76 AREA  then scale in LONG for all day slow move to the upside on some gap fill

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Notable Calls:

$PLSE  Kerrisdale is SHORT (23.07) Stock now below $20. I would take a few long below $20 and play a 1-2pt bounce then reshort it

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