Topics covered:
1) 0:00 Announcements
2) 0:20 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 10:40 15-day Challenge
4) 13:20 Stock Review – Mega Caps: AMZN, AAPL, FB, TSLA, NFLX, MSFT, GOOGL, NVDA, QQQ (ETF)
5) 15:20 Stock Review – Semiconductors: SMH (ETF), LRCX, SLAB, SYNA, UCTT, AMAT, CAMT, MRAM, PI, ALGM, FORM
6) 18:55 Stock Review – Watch List/General Ideas/Commentary: CCXI, BCYC, BCTX, ENVX, DDOG, F
7) 22:20 Stocks near buyable ranges: MP
8) 23:55 Conclusion/Summary

Market Summary:
The best way to summarize my market stance right now is one word: patience. The past two weeks have seen very low volume due to the holidays. When institutional volume returns over the next few weeks, I think we will get a clearer picture of market direction. Right now, the majority of strong stocks that I’m finding are still coming from the Semiconductor sector. I would like to see more stocks firm up if we’re are going to see a new sustained uptrend form in Q1. I am also open minded to potential tax selling in Q1, as many people like to delay their tax gains for another year (2023) by selling early in the previous year (2022). I don’t mean to be indecisive. I simply prefer to see more price action and get more information before increasing my investment levels. I am currently 40% invested with a mix of ETFs and stocks. If conditions improve with growth stocks, I will increase my levels. If we lose the 10-week on the Nasdaq Composite, I will likely reduce exposure.

In this video, I also discuss ways to make improvements in 2022. They are not just market ways, but things you can control in your personal life to help increase your mental toughness and minimize frustrations. I want to thank everyone again for all the awesome support last year. I look forward to building on that and making continued progress in 2022. Enjoy the rest of your weekend and Happy New Year! Wishing you and your family an abundance of health and happiness in 2022!

Unusual Option Activity
12/31/21 Amazon (AMZN) with 5000 January $3250 calls opening for $65M look to be adjusting back the $3300 strike calls
12/31/21 Advanced Micro (AMD) buyers of 1350 Jan. 28th (W) $152.50 calls for $6.40 to open
12/31/21 Snowflake (SNOW) massive buyer of 3500 March $370 calls $22.50 to $24
12/31/21 Enovix (ENVX) buyer of 700 Feb 20 calls for $7.90 to $8.40
12/31/21 Global-E Online (GLBE) 1500 Jan 70 calls bought for $2.00
12/31/21 Pfizer (PFE) opening sale 2500 September $55 puts for $4.10
12/31/21 eBay (EBAY) seller of 600 June $65 puts to open at $5.10
12/31/21 Ford (F) buyer 20,000 June $27/$30 call spreads for $0.33
12/31/21 Nasdaq 100 ETF (QQQ) afternoon buyers of 2500 June 30th (Q) $438 calls up to $8.50 offer
12/31/21 S&P 500 ETF (SPY) opening sale 2440 May $475 puts for $20.36 to $20.33
12/30/21 Shopify (SHOP) buyer of 1500 March $1325 calls $176.60 as January $1300 adjusted
12/30/21 Shopify (SHOP) also with 1750 Jan. 2023 $1100/$1070 bull put spreads opening
12/30/21 Amazon (AMZN) buyer 1900 June 2023 $3900 calls for $327.45, over $60M, as Jan. 2023 $3700 adjust
12/30/21 Nvidia (NVDA) massive block of 8000 March $270 calls opened for $46.70
12/30/21 Facebook (FB) buyer 2350 Feb. 4th (W) $385 OTM calls at $3.20 offer
12/30/21 Merck (MRK) buyer 15,500 February $80/$87.5 call spreads for $1.18
12/30/21 Upstart Holdings (UPST) with 1000 July $110 puts sold to open $15.65 to $15.40
12/30/21 Roblox (RBLX) opening sale 1500 January $104 puts ITM at $8.85 bid