May 8 2018 - Blue Apron Breaking Out & GOGO Gets Creamed

IWM (Russell 2000 ETF) continues to lead the charge higher. The Dow at one point was down triple digits before finishing the day unchanged. The $VIX and $RVX remain 'calm' as the indexes consolidate.

Blue Apron (APRN) tacked on 11.37% and is now breaking out to the upside (technical targets inside the video). Gogo (GOGO) lost 35.66% today on the heels of a credit downgrade. If 'protective puts' were used for earnings a few days ago, they would have literally saved some serious bacon today for GOGO shareholders. We also discuss FLR, ADBE and more.

Have a great day!

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