Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000
3) 12:40 FOCUS LIST: NVDA, TSM, TSLA, LLY, RKLB, ASTS, NTRA, XBI (ETF)
4) 19:15 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), UFO (ETF), PL, ATRO, WWD, HWM, HXL, GE, RTX, FTAI, KRMN, SATS, RDW, LUNR, BKSY, FLY
5) 24:05 Stock Review – Semiconductors and Data Storage: SMH (ETF), AVGO, TSEM, LRCX, KLAC, ASML, PLAB, MU, TER, AEIS, SMTC, STX, WDC, SNDK
6) 27:35 Stock Review – Electronic Related: LITE, COHR, JBL, FN, CLS, TTMI, APH, VICR, FEIM
7) 30:20 Stock Review – Energy/Data Center related: VRT, GEV, ORA, ROK, ATI, WLDN, CIEN
8) 32:50 Stock Review – Biotech/Medical: XBI (ETF), IBB (ETF), AZN, INCY, IMVT, CSTL, GPCR, AXGN, CBLL, MDGL, GRAL, GH
9) 35:40 Stock Review – Others/General Ideas/Commentary: PLTR, NEM, RDDT, HOOD, SOFI, GOOGL, SPHR, REMX (ETF)
10) 38:15 Conclusion/Summary

Market Summary:
Coming into this week, I mentioned that we would get a better feel for the market when the institutional volume returns after the new year. I also discussed how I’m expecting continued strength into mid-February. So far, so good. This past week showed strong price action, as the up days occurred on higher volume and the down days occurred on lighter volume. I could see the strength continuing this week, as the week of regular cycle OpEx (options expiration) tends to do well during powertrends. Again, KEEP IT SIMPLE! The major indexes are in uptrends, they are all above their 50-day moving averages, there’s little distribution, stocks are acting well, and the upcoming seasonality is favorable. Regarding entry points: Use the 21-day as your guide. We will continue to see many shakeouts along the way, so please use the 21-day to give you perspective when we see normal pullbacks. My biggest concern is the high investment levels shown in many sentiment surveys, however, I’m not expecting any meaningful correction until later this year. As always, I will take this one day at a time.

I’m going to continue to shut out the noise, keep things simple, and stick to my main guidelines during power trends: 1) Use the 21-day as your guide. In other words, if we are extended from this level, don’t be surprised to see minor pullbacks through price and/or through time. 2) Expose yourself to strong stocks and ETFs. Between the Focus List and the other stocks, there are plenty of ideas in these videos. 3) Get strong entry points near the 21-day and 50-day moving averages. 4) Manage your trades as best as possible based on your timeframe, risk tolerance, and overall investment plan. I can give guidelines, but ultimately, you need to decide what position sizes to use, the number of positions to own, when to take profits, and where to set your stop losses. Thank you and enjoy the rest of your weekend.

Unusual Options Activity:
1/9/26 Nasdaq 100 ETF (QQQ) buyer of 1400 Feb $637 calls at $9.92
1/9/26 Energy ETF (XLE) buyer of 5000 Sept 30th $48 calls at $3.08
1/9/26 Silver ETF (SLV) buyers of 2000 June $71 calls at $10.85 and 1100 June $72.50 calls buy at $10.55
1/9/26 Rare Earth ETF (REMX) 1000 Dec $50 puts sell to open $3.19 as May adjust
1/9/26 Uranium ETF (URNM) 1975 Jan 2027 65/95 call spreads bought
1/9/26 Uranium ETF (URA) 1000 Jan 2027 $51 puts sold to open $9.30
1/9/26 Tesla 2x Bull ETF (TSLL) seeing 10,000 June $24 calls bought at $2.98 to $2.99
1/9/26 Netflix (NFLX) 4000 Jan 30th (W) $85 short puts opening 2.37
1/9/26 Netflix (NFLX) also seeing opening sales of 575 June 2028 $85 puts at $15.63
1/9/26 Uber (UBER) 5K Feb 72.5 short puts open 0.68
1/9/26 Chevron (CVX) buyer of 750 Dec 2028 $200 calls at $11.90 to $12.30
1/9/26 Exxon Mobil (XOM) stock replacement bought 13,000 April $135 calls 1.85
1/9/26 Cameco (CCJ) 400 Dec $100 puts sold to open 14.60 to 14.23
1/9/26 Newmont (NEM) 500 Sept $95 short puts open 8.53
1/9/26 GE Vernova (GEV) opening sale of 1100 Feb 27th $505 puts at $5.90
1/9/26 Kratos Defense (KTOS) buyers of 1000 Feb 27th $105 ITM calls at $18.57
1/9/26 Unusual Machines (UMAC) buyer 1000 Jan 2027 $22.50 calls $4.64 to $4.75
1/9/26 FTAI Aviation (FTAI) opening sales of 350 August $210 puts at $22
1/9/26 Northrop Grumman (NOC) buyers of 325 March $620 calls at $25.20 offer
1/9/26 Rocket Lab (RKLB) 1000 July $55 puts sell to open $6.26
1/9/26 Bristol Myers (BMY) 1270 Dec 62.50 calls bought $3.40
1/9/26 Guardant Health (GH) stock replacement buying 385 July $135 calls $10.10
1/9/26 Viking Therapeutics (VKTX) opening seller of 700 Jan 2027 $20 puts at $3.30
1/9/26 Berkshire Hathaway (BRK.B) buyers of 345 Dec 2028 $600 calls at $50 to $50.50
1/9/26 Coinbase (COIN) opening sale of 420 July $195 puts for $17.30 bids
1/9/26 Coinbase (COIN) also opening sale of 525 August $200 puts
1/9/26 Reddit (RDDT) 390 Feb 13th $245 puts sell to open $21
1/9/26 Applied Digital (APLD) buyers of 4400 Feb $37 calls at $3.10 offer
1/9/26 Google (GOOGL) opening sale of 5000 Sept $170 puts at $1.11
1/9/26 Google (GOOGL) buyers 1000 May $375 calls for $1.35M
1/9/26 Google (GOOG) size opening sale 2000 March $330 puts for $18
1/9/26 Applied Digital (APLD) buyers of 4400 Feb $37 calls at $3.10 offer
1/9/26 Amazon (AMZN) 590 July 2027 $360 calls bought at $14.55 to $14.90
1/9/26 Apple (AAPL) 2000 April $280/$240 bull risk reversals open for 0.80 credit
1/9/26 Apple (AAPL) massive buyer of 2400 Jan 2028 $240 ITM calls at $59.35 for $14M
1/9/26 Alibaba (BABA) sees over 15,000 March $170 calls buying at $5 to $5.40 offers
1/9/26 Microsoft (MSFT) size buys of 4000 Jan 30th (W) $485 calls $10.05 and higher for $4M
1/9/26 CoreWeave (CRWV) opening sales of 16,000 Feb $45 puts at $0.53
1/9/26 Applied Optoelectronics (AAOI) over 5000 Feb $35 calls bought $3.60 late day
1/9/26 Lumentum Holdings (LITE) opening sale of 600 Feb $360 puts at $50.34
1/9/26 Nebius Group (NBIS) 300 Dec 2027 $75 puts sell to open $28 to $26.30
1/9/26 Intel (INTC) buyer 2000 Sept $65 calls $3.15 offer
1/9/26 Intel (INTC) buyer 3000 March 2027 $65 calls, max strike, for 5.65 to 6
1/9/26 Intel (INTC) sees 5000 Feb $45 ITM puts sell to open $4.10 to $4.01
1/9/26 Taiwan Semi (TSM) 2050 Feb 27th (W) $250 short puts opening
1/9/26 Taiwan Semi (TSM) also 2050 Feb 27th $270 puts sold at $2.35
1/9/26 Applied Materials (AMAT) buyers of 1400 Feb $350 calls at $4.10 to $4.20
1/9/26 Nvidia (NVDA) 6000 Feb 27th (W) $150 short puts open for 1.50
1/9/26 Micron (MU) buyer 600 August $250 calls $121
1/9/26 Micron (MU) 2600 March $360 calls sell to open $32.05 to $31.55
1/9/26 Western Digital (WDC) opening sales of 425 Jan 2027 $180 puts at $43.30 to $42.30
1/9/26 Vistra (VST) 5000 June $150 puts sell to open for $11.35
1/8/26 S&P 500 ETF (SPY) size buyer 10,500 Jan 30th (W) $699 calls $4.46
1/8/26 S&P Equal Weight ETF (RSP) buyer 2000 Feb $197 calls $3.99
1/8/26 Nasdaq 100 ETF (QQQ) Sept $595 puts sell to open 5000X at $29.04
1/8/26 Russell 2000 ETF (IWM) buyers of 3000 May $270 calls at $8.10
1/8/26 Silver ETF (SLV) buyers of 2500 Feb 27th $70 calls at $5.65
1/8/26 Energy ETF (XLE) buyer of 11,000 Dec $47 calls at $3.35 as June $46 calls adjust
1/8/26 Consumer Staples ETF (XLP) opening sales of 7900 June $78 puts for $2.74 to $2.50 bid
1/8/26 Industrials ETF (XLI) 7000 March $165 calls bought 2.62 adjusting $161 strike
1/8/26 Metals & Mining ETF (XME) buyer of 2000x 3000x Feb $115/$125 call ratios
1/8/26 Retail ETF (XRT) buyers of 2200 March $92 calls for $2.87 offers
1/8/26 Regional Banks ETF (KRE) also 4000 Feb $72/$76 call spreads bought
1/8/26 Tesla (TSLA) buyer of 1350 Feb $425 calls 28.45 adjusting Jan $400
1/8/26 Spotify (SPOT) 2000 Feb $470 puts sell to open 4.30
1/8/26 Walmart (WMT) buyer 2850 Jan 23rd (W) $112 calls 1.78
1/8/26 Citigroup (C) 2500 Dec $110 short puts trade $8.60
1/8/26 JP Morgan (JPM) buyer of 200 July $330 calls $25.30
1/8/26 Robinhood (HOOD) buyers in Feb $115 calls 3000X for nearly $3M
1/8/26 Robinhood (HOOD) size buyer 1800 May $115 calls $17.95
1/8/26 Bloom Energy (BE) 1200 Jan 23rd (W) $130 calls being bought over $1M
1/8/26 Bloom Energy (BE) 1200 March $140 calls buy for $17 to $18.40
1/8/26 Centrus Energy (LEU) 600 Feb $290 puts sell to open $36 to $34.90
1/8/26 Halliburton (HAL) 5000 March $35 calls bought
1/8/26 Insmed (INSM) 140 Jan 2028 $195 calls bought for $675K
1/8/26 Abivax ADR (ABVX) 300 Feb 95 puts sold to open 7.20
1/8/26 Terns Pharmaceuticals (TERN) 750 Jan 2027 $45/$70 call spreads buy for $5.75
1/8/26 MoonLake Immunotherapy (MLTX) with 500 August $15 and May $17.5 calls bought
1/8/26 GE Vernova (GEV) 1000 Jan $620 calls buying at 18.50
1/8/26 Kratos Defense (KTOS) buyers of 500 Feb 27th $105 calls at $11.55
1/8/26 AeroVironment (AVAV) buyers of 240 May $380 calls at $48.55 as March $360 calls adjust
1/8/26 Albemarle (ALB) 3000 March $200 calls bought for $1.575M as the $170 calls adjust
1/8/26 Vertiv (VRT) 6000 Feb 27th (W) $120 short puts open over $1M
1/8/26 CoreWeave (CRWV) nearly 10,000 July $50 puts selling to open $6 to $5.90
1/8/26 Shopify (SHOP) opening seller 200 ITM Jan 2028 $200 puts 61.25
1/8/26 Cadence Design (CDNS) opening sales of 1390 Feb 27th $265 puts at $2.50
1/8/26 Apple (AAPL) 10,000 Feb $225 short puts open 1.18
1/8/26 Apple (AAPL) also 10,000 Feb 13th $230 puts sell to open $1.45
1/8/26 Amazon (AMZN) buyers of 1600 May $325 calls at $2.18
1/8/26 SanDisk (SNDK) buyer 500 Jan 2027 $420 calls $90.50
1/8/26 Micron (MU) 1000 Jan 2027 $550/$650 call spreads bought
1/8/26 Micron (MU) opening sale of 500 April $310 puts at $35
1/8/26 Google (GOOG) large opening sale of 16,000 Sept $330 puts at $36 down to $35.10 bids
1/8/26 Google (GOOG) also 1250 June $325 short puts opening near $27.50
1/8/26 Google (GOOGL) buyer 1500 March $375 calls for $5.70
1/8/26 Taiwan Semi (TSM) 1000 Feb 6th (W) $315 puts sell to open $11.38
1/8/26 Nvidia (NVDA) buyer 8000 Feb 13th (W) $190 calls $7.15
1/8/26 Nvidia (NVDA) buyers of 800 Dec 2028 $210 calls at $57.12 as some Dec 2027 $180 calls adjust
1/8/26 Teradyne (TER) seller of 400 July $180 puts at $16.40 to open
1/8/26 D-Wave Quantum (QBTS) 1000 June $30 short puts opening
1/8/26 AST SpaceMobile (ASTS) 500 Jan 2028 $35 puts sold to open $10
1/8/26 EchoStar (SATS) buyer 4210 Feb $140 OTM calls $2.85 adjusting April calls
1/8/26 EchoStar (SATS) buyers of 1500 Feb $130 calls for $4.70 offers