Day trade plan for August 22nd: GMCR, LOCO, BRCD, TFM, ROST, GPS, GME, INTU, MRVL, QUNR, RPRX, ARO, HIBB, ANN, FL, NUGT

Today's Summary:

Large Cap Gainers

• GMCR (133.4 +13.29%): Announced licensing agreement with Kraft Foods (KRFT)
• CRM (60.22 +8.10%): Beat quarterly EPS by $0.01 ($0.13 vs $0.12 estimate), revs rose 37.9% yoy to $1.32 bln vs $1.29 bln estimate; sees Q3 EPS of $0.12-0.13 ex items vs $0.13 estimate, revs of $1.365-1.370 bln vs $1.37 bln estimate; sees FY15 EPS of $0.50-0.52 ex items vs $0.50 estimate, revs of $5.34-5.37 bln vs $5.34 bln estimate
• ROST (73.94 +6.77%): Beat quarterly EPS by $0.06 ($1.14 vs $1.08 estimate), revs rose 7.0% yoy to $2.73 bln vs $2.71 bln estimate; sees Q3 EPS of $0.83-0.87 vs $0.86 estimate; sees Q4 EPS of $1.05-1.09 bs $1.12 estimate; sees FY15 EPS of $4.18-4.26 vs $4.21 estimate

Large Cap Losers

• INTU (83.4 -2.81%): Missed quarterly EPS by $0.08 (-$0.01 ex items vs $0.07 estimate), revs rose 12.6% yoy to $714 mln vs $699.56 mln estimate; sees Q1 EPS of -$0.21 to -$0.20 ex items vs -$0.04 estimate, revs of $620-630 mln; sees FY15 EPS of $2.45-2.50 ex items vs $3.97 estimate, revs of $4.75-4.85 bln
• RIG (37.76 -2.34%): Provided fleet update summary: total value of new contracts since the July 16, 2014 Fleet Status Report is ~$78 mln; target lowered to $43 from $46 at Cowen
• COG (32.84 -1.97%): Downgraded to Hold from Buy at Deutsche Bank

Mid Cap Gainers

• QUNR (31.6 +8.83%): Reported Q2 loss of $0.57 per share vs estimate for a loss of $0.53 per share, revs rose 237% yoy to $64.5 mln vs $55.7 mln estimate; sees Q3 revs +90% to +95%
• DYN (31.98 +7.60%): To acquire 12,500 MW of coal and gas generation from Duke Energy (DUK) and Energy Capital Partners for total consideration of $6.25 bln
• GME (42.72 +5.50%): Beat quarterly EPS by $0.03 ($0.22 vs $0.19 estimate), revs rose 25.0% yoy to $1.73 bln vs $1.64 bln estimate; sees Q3 EPS of $0.58-0.64 vs $0.57 estimate, comp store sales +1.0 to +5.0%; reaffirmed FY15 EPS of $3.40-3.70 vs $3.67 estimate, comp store sales +6.0 to +12.0%

Mid Cap Losers

• WUBA (44.34 -5.11%): Downgraded to Underweight from Equal Weight at Morgan Stanley

Top 10 Gainers: PSMI +61%. MSN +20%. DGLY +19%. HGSH +19%. PRKR +16%. HTBX +20%. CDZI +16%. GMCR +15%. VPCO +15%. HELI +12%.

Top 10 Losers: ZBB -19%. BORN -14%. RGSE -11%. ARO -10%. AMPE -9%. INVT -9%. BSPM -7%. OZM -7%. KUTV -6%. CYTX -7%.

Day Trade Plan:

GMCR L, DYN S, $LOCO L and S, BRCD L, TFM L, ROST L, GPS L, GME L first half and S later, INTU S first half and L later half, MRVL L, QUNR L, RPRX, ARO, HIBB L 43, ANN Short and then L, FL, NUGT


Plan and execute:
Don't follow this trade. This are closed. Stock could have moved significantly from closed position.

DYN Short

DYN Short Closed

PTX Short:

PTX Short

CDZI Short:

CDZI Short