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A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 7/27/17

 

1) $GNC Earning Beat (9.37)
Stock gapping up +.75 I like to see this pop out of the gate to $10.50-$11+ then look for topping then nail a nice short gap fill profit taking on it, should be fun if this at all pulls at open watch $9.50 and under and go LONG for an all day move to the upside
2) $CYH Earnings Miss (8.46)
Stock gapping down -$1.45 I like to see this pop at open to $8+ on short covering then look to fade this all day long back below $7 if this pulls at open to $6.50 area watch for bottom curl then go long with decent size for 1 point recovering more it pulls at open better the range for us
3) $ESND Earnings Miss (13.41)
Stock gapping down -$2 2 ways to play this watch for a pull at open to $11 and under then play a nice 1.5pt bounce to the upside. If this pops at open to $12.75-$13.25 area look to lean into it short for an all day fader back to lows, wait for this to set up

4) $TWTR Earnings Miss on User #’s flat (19.61)
Stock gapping down -$2 I like to see this pop a little at open thru $18-$18.50 on short covering then look for topping on it and an all day fader, if this pulls hard at open to $16.65 area or under look to go LONG for an all day slow move to the upside on it

5) $AZN did not meet primary endpoint (33.94)
Stock gapping down -$5 I like to see this pop a little at open towards $30 then watch for topping then lean into it short for an all day slow move to the downside, if this pulls hard at open to $27 and under look to go LONG for an all day slow move back to $29-$30

6) $NTGR Earnings Beat (44.10) (no volume)
Stock gapping up +$2.30 I like to see this pop at open to $47-$48 possibly then lean into it short for a nice 2-3pt pull gap fill on it, if this pulls at open and profit taking pullback to $44.50 and under go LONG for an all day slow move to the upside

7) $NTRI Earnings Beat (62.95) (no volume)
Stock gapping up +$5.05 I like to see this pop at open quick to $69-$70 area then lean into it SHORT for an nice 2-4pt gap fill pullback on it, if this pulls hard at open to $64 and under look to scale in LONG for a nice slow all day move towards $67-$68

8) $GILD Earnings Beat (74.19)
Stock gapping up +$2 I like GILD to have a nice run today towards $78-$79 so look for this to pop some at open then wait for that pullback on it to $75 and under then scale in LONG once that bottom curl sets in should be a nice all day slow move to the upside

9) $FFIV Earnings Miss (128.20)
Stock gapping down -$11 I would like to see this pop at open from $117 to 122+ area on short covering then watch for topping then look for an all day fader on it, if this pulls at open to $115-$116 or more watch the bottom curl then go long for 4-6pt bounce on it

10) $BWLD Earnings Miss (122.65) think this gets hurt hard today
Stock Gaping down -$10 I like to see this pop at open to $117-$118 topping then look for an all day fader on it, if this pulls hard at open to $109 area or under look to play the 5-7 point short covering bounce on it
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Notable Calls:

$CAPR Positive FDA minutes (1.01) Think this will be short lived news soundsHave 8/4 GILD good but to me not convincing enough, however chatrooms will be pumping this today, so lets see if this can pop towards $2 at the open then watch for topping if no bullish flag sets up then I will be watching the lower lows to set in and look for an all day fader if the volume drops

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