1) $IMMR Blow out Earnings (10.48) FY18 Guidance see revs 95 million vs $52.17 consensus estimates Stock gapping up +$2 I like to see this launch out of the gate this morning possibly to $13.50-$14+ then look for this to have a decent sell off pullback back to $11.50 and under then go long for an all day slow move to the upside, if this pulls at all at the open to $11.50 and under go LONG this will and should run today on there earnings numbers
2) $EXAS Earnings Miss (44.39) Stock Gapping down -$4.50 I like to see small pop at open towards $42-$43+ then look for topping on it then look for a potentiall all day fader on it. If it yanks at open to $38.50 and under look to go LONG and play a nice 2-3 point bounce before it fades off
1) $AAOI Earnings Miss (34.80) Proud of everyone NOT longing into Earnings since we sold at $35 yesterday Great Guidance Stock gapping down -$5 Look for a small pop at open on SHORT covering then lean into short I’m looking for this to hit $25 or under today. If it hits $30 add more into your short but in the end I want $25 on this or lower.
2) $ROKU Earnings Miss (51.10) Made it very clear NOT to go long into #Earnings and now look at it Stock Gapping down -10 I like to see this pull at open some to $38 possibly before bouncing it. If this pops at open look for it to touch $43+ on it before topping off on it then look to fade it down. For all day fader higher it pops on short cover at open better the fade
1) $PANW Susq upgraded to Positive from Neutral with $190PT from 150 (162.92) Stock gapping up +$5 would scale in some SHORT here at $167 level room to $170 pop at open then look to gap fill this back down to $164-$165 then look to go long on it once it sells off (NOTE….It looks like this has been bought into last few days so be careful this could go actually lower to $160 so be aware of that i will see this once it begins to sell off and let you know right away)
2) $RCII Earnings Miss AGAIN!!! (8.93) Hit $7.55 in Pre-Market CCall going on to pop it Stock Gapping down -$1.40 Ccall popping it back up to $8.50 at the open any small pop I would consder a nice fade on it back to lows but I’m looking for all day on it, if this pulls hard at open
1) $RIOT class action law suits are already forming expect more negative on this stock today (11.46) Stock gapping down -$1 I see more downside on this so any pop at the open imo would be a short towards $10 and under, if this pulls hard at the open towards $9 then look for a nice quick 1-2 point bounce on it. should be fun on the short side once this sets up
2) $MDXG Delays Earnings plus lots of negative PR on company (14.47) Stock Gapping down -$5 would be very careful on this, I think this bounces back to $11 or so before all day fader on it, if this pulls had at the open and we see in the $7’s then look to take a few long and bounce it for 2-3 points before fading. I would love to see some sort of short covering squeeze on it at the
1) $CALA Citi Tags a BUY rating with $14 PT (6.95) Stock gapping up +.50 I love the call, I would even consider taking a few here at $7.50 room to add on the pullback to $7 at the open if it comes and look for a nice slow all day move to possibly $8.50-$9 on this.
2) $BLCM Citi Tags a BUY rating says to buy the weakness and ups the PT from $24 to $27 (5.97) Stock Gapping none, NOW caution, BLCM never moves, never so in this case we will need volume behind it, so what I think will happen is this pops at open it should hit $6.50-$6.70 then watch for the gap fill snap back then look around $6.10 area to go long. Again if this doesn’t move on Citi upgrade this will never move again Imo.
3) $COHU Earnings Miss (22.91) Stock Gapping down -$2.90
1) $COOL Cantor out with $70 PT (20.30) Stock gapping up +$5.50 I would nibble some SHORT here at $25.50 area room to add at the open towards $27 then look for this to pull to $22 and under then bottom curl then look to go long on a swing to $30-$32 by early next week this is in play today has room so let it set up for us
2) $AMAG Earnings Beat (13.90) Stock Gapping up +$3 I would let it rips some at the open towards $17.50-$18+ then look to scale in SHORT I think this will come down to $14.50-$15 and under on Profit Taking, so watch for the pop and pull if it starts big it will come down fast and quick so look for it. Higher it pops better the short for us
3) $CTL Earning Beat (17.58) Stock Gapping up +$1.40 would lean in short
1) $DBVT FDA approves Peanut “Application” LOL wow stupid stupid stupid (20.86) Stock gapping up +$9 Most missed it but SHORT the $28.50-$29 area look for an all day fader to $22 and under on it, if this pops again at open look for it to hit $28-$30 watch for topping on it then get in there and re-short it if this breaks $26.50 lean into at the open and look for slow all day fader on it.
2) $FOSL Earnings Beat but issues “downside Guidance” (9.04) Imo I think this is nothing more then a short squeeze Stock Gapping up +$7.5 I like to see a little more pop at open from here maybe we see $17.50-$18 at the open my instinct is we fade this back down to $12 and under, but before we get going lets watch the pop, squeeze and eye the first pull back on it, if this breaks $15
1) $GNC Horrible earnings but announce strategic joint Venture (4.19) Stock gapping up +1.50 I would like to see this squeeze a little more at the open, I think this will eventually gap fill back to $5 spot, but for now, we need to set it up pop it and let lower lows set in, once and if it does we get the nice fader on it but let it pop first may see it thru $6.25-$6.50 at the open.
2) *******$CBAY Evercore out with $35PT WOW!!! (12.25) S W I N G Idea room to $17+ in 1 week Stock Gapping up +1.10 I like the PT and the stock has Range wait for the pop at open towards $14+ then look for a half way decent pullback to $12.75 and under and scale in LONG I do not think this will gap fill all the way so don’t expect this has
1) $GE JPM Tags a SELL rating at $14PT worse case $10-$11 (14.94) This will be a slow slow trade Stock gapping up +.10 would take some short here $15.08 add on any pops at open look for this to be a slow all day fader to lows like to see this touch $14 and under if possible today.
2) $CARA Janney Tags a 50% upside to the stock raises PT from $21 to $27 (12.30) Stock Gapping up +.56 Nibble some LONG here at $12.86 I think for today anything below $13 would be a decent buy and with this small gap up and PT I would like to see this touch $14+ today so watch for the curl on it should be fun
3) $COLL Competito Perdu Pharma said it would cut THEIR sales staff by 50% stop promoting opioids (21.77) Stock Gapping up +$3 I would like this
1) $OSTK gaping up on market (53.95) Stock gapping up +$1.85 I like to see a little more pop at open you can take some short here at $55.80 but give it room to $57 then look to short this back to $54 and maybe under then look for another pop for 2-4 points on it then look to if we get a slow move to the upside after it settles.
2) $ROKU Gaping up another run on it today (43.70) Stock Gapping up +1.10 would take a few SHORT here nibble $44.80 room to add at the open then look for this to gap fill back to $44 and under look for bottom curl then slow all day move to $46-$47 today should be nice
3) $AOI Earnings Beat on alot of joint ventures they did in January (13.00) Stock Gapping up +$6 I would nibble some short here at $19