Topics covered:
1) 0:00 Announcements
2) 0:30 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000
3) 4:35 FOCUS LIST: NVDA, TSM, TSLA, LLY, RKLB, ASTS, NTRA, XBI (ETF)
4) 14:05 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) 21:30 Stock Review – Semiconductors and Data Storage: SMH (ETF), AVGO, TSEM, LRCX, KLAC, ASML, MU, TER, AEIS, STX, WDC, SNDK
6) 24:15 Stock Review – Electronic Related: CLS, COHR, LITE, TTMI, FN, SANM, APH, JBL, VICR
7) 26:30 Stock Review – Energy/Data Center related: VRT, GEV, ORA, ROK, ATI, WLDN, AAOI, CIEN, DY
8) 28:40 Stock Review – Biotech/Medical: XBI (ETF), IBB (ETF), AZN, RYTM, AVTX, NAMS, IMVT, CSTL, INBX, AXGN, CBLL, MDGL, GRAL, GH
9) 32:00 Stock Review – Others/General Ideas/Commentary: PLTR, APP, TWLO, NEM, RDDT, HOOD, SOFI, GOOGL, SPHR, REMX (ETF)
10) 34:20 Stocks Near Buyable Ranges: COHR, DY, WLDN, NTRA
11) 35:45 Conclusion/Summary

Market Summary:
Regarding the general market: 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. I feel that the market can continue higher over the near-term, but it will not be straight up. We will 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 good luck this week. Happy New Year everyone! Warmest wishes to you and your families for a happy, healthy, and prosperous 2026!

Unusual Options Activity:
1/2/26 S&P 500 ETF (SPY) opening sales of 6200 Jan 30th $660 puts at $2.70
1/2/26 S&P 500 ETF (SPY) also buyers of 1250 Feb $689 calls at $12.30 to $12.65
1/2/26 Gold Miners ETF (GDX) buyer 2000 Feb $86 calls for 6.10
1/2/26 Semiconductor Bull 3X ETF (SOXL) buyers of 2100 Feb $49 calls at $5.10 offers
1/2/26 Silver ETF (SLV) buyer 1000 March 67.50 calls for $6.85 offer
1/2/26 Silver ETF (SLV) 5000 Feb 6th (W) $59 short puts open 1.87
1/2/26 Nike (NKE) 10,000 Feb 57.5 puts sold to open 0.52 with recent insider buys
1/2/26 Tesla (TSLA) buyer of 600 March $485 calls for $25.50
1/2/26 Tesla (TSLA) 675 July $420 puts sell to open $47.07 as some Jan short puts adjust out
1/2/26 Tesla (TSLA) large buyer 4000 Sept 2026 $860 far OTM calls for $5M
1/2/26 JP Morgan (JPM) buyer of 1185 June $365 calls for $6.85
1/2/26 United Health (UNH) 3000 August $280 puts sell to open 13.65
1/2/26 Eli Lilly (LLY) 800 Feb 13th (W) $910 short puts open for 7.65
1/2/26 Travere Therapeutics (TVTX) buyers of 625 June $25 deep ITM calls at $16.80
1/2/26 United Therapeutics (UTHR) spreads selling 5650 April $450 puts to buy the $490/$530 call spreads
1/2/26 Expand Energy (EXE) 7325 Feb $100 short puts open 1.31
1/2/26 Cameco (CCJ) 2000 Feb $115 calls bought at $2.09, also sells 750 Feb $100 puts for $7.70 bid
1/2/26 Intel (INTC) buyers of 4400 Jan 2027 $42 calls at $8.35 to $8.45 in large blocks
1/2/26 Micron (MU) buyers of 1500 Feb $380 calls 8.20 offers
1/2/26 Micron (MU) 3000 Feb $290 puts sell to open $17 for $5.5M
1/2/26 Baidu (BIDU) buyer of 500 April $170 calls for 9.35
1/2/26 Shopify (SHOP) 200 June $160 short puts open 22.42
1/2/26 Qualcomm (QCOM) 2000 June $165 puts sell to open 11.45
1/2/26 Palantir (PLTR) 900 July $160 short puts open for 21.10
1/2/26 Marvell Tech (MRVL) opening sale 800 August $90 puts for 14.30
1/2/26 Robinhood (HOOD) seller 900 Jan 2028 $70 puts to open 13.25
1/2/26 Bloom Energy (BE) buyers of 2400 June $110 calls at $23.10 up to $24.50
1/2/26 Bloom Energy (BE) buyer 400 June 2027 $115 calls 41.50 to 42
1/2/26 CoreWeave (CRWV) 600 Jan 2027 $37.50 puts sell to open at $5.65
1/2/25 GE Aerospace (GE) 1550 Feb $330/$280 bull risk reversals opening at $5.30 debits
1/2/25 AeroVironment (AVAV) trade sells 200 June 200 puts and buying 200 of the 260/310 call spreads
1/2/26 Lam Research (LRCX) 1000 Dec 2026 $120 ITM calls bought $75 to $75.50
1/2/26 Lam Research (LRCX) size opening sale 1000 March $180 puts for 16.40
1/2/26 Google (GOOGL) 2800 Jan 2027 $450 calls bought at $12.60 to $12.80
1/2/26 Advanced Micro (AMD) opening sale of 1000 Nov $160 puts for $13.75 bids
1/2/26 Seagate (STX) opening sales of 2200 Jan 9th $285 puts for $7.50 to $6.70 bids
1/2/26 Meta (META) buyers of 1000 Feb 6th $700 calls for $13.10 to $14.90
1/2/26 ASML (ASML) buyers of 450 Feb $1160 calls for $70.50 to $72
1/2/26 Taiwan Semi (TSM) sees more opening sales of 10,000 March $320 puts for $22.20
1/2/26 Microsoft (MSFT) buyer of 800 June 2028 $600 calls at $52.25 to $53.30
1/2/26 Planet Labs (PL) buyers of 1500 Feb $22 calls at $1.60 to $1.70
1/2/26 Rocket Lab (RKLB) max strike July $115 calls bought 1700X $10 to $10.30
1/2/26 AST SpaceMobile (ASTS) 300 Jan 2028 $35 short puts trade 10.40 to open
12/31/25 Nasdaq 100 ETF (QQQ) buyers of 1400 Jan 30th $593 ITM calls for $31.50
12/31/25 Nasdaq 100 ETF (QQQ) sees a large buy write sell to open 15,500 April $645 calls for $14.25
12/31/25 S&P MidCap ETF (MDY) with 2000 June $580 puts sell to open $15.80
12/31/25 Silver ETF (SLV) buyers of 1000 May $56.50 calls at $12.20
12/31/25 Silver ETF (SLV) buyer of 1250 April $57.50 ITM calls for $11.85 offer
12/31/25 Silver ETF (SLV) also buyers in the April $58.50 calls for $11.80 in large lots
12/31/25 Gold Miners ETF (GDX) 1100 Feb $91 calls buying at $4.45
12/31/25 Emerging Markets ETF (EEM) buyer of 25,500 May $58 calls for $1.15
12/31/25 Tesla (TSLA) buyers of 1000 Jan 23rd $485 calls at $8.60
12/31/25 Costco (COST) opening sale 100 Jan 2028 $910 ITM puts for $114
12/31/25 McDonald’s (MCD) buyer of 1250 Jan 30th $310/320 call spreads
12/31/25 Shopify (SHOP) 3000 Feb $120 short puts open 1.11
12/31/25 Axsome Therapeutics (AXSM) buyer 1000 Feb $190 calls $6.20
12/31/25 Ascendis Pharma (ASND) 500 Feb $230/$210 bull risk reversals open for small credit
12/31/25 Abivax ADR (ABVX) buyer 5000 Feb $145/$195 call spreads and sells the $90 puts, net debit trade at $12.25+
12/31/25 TG Therapeutics (TGTX) 375 Jan 2027 $45 deep ITM puts selling to open $17
12/31/25 Uranium Energy (UEC) buyer of 2000 Feb $14/$16 call spreads at $0.35 and sells the $10 puts for $0.45
12/31/25 Bloom Energy (BE) buyer 900 May $175/$220 OTM call spreads
12/31/25 Rocket Lab (RKLB) buyer 400 July $100 calls 11.10 to 11.35
12/31/25 Nebius Group (NBIS) buyer 1200 June 150/175 OTM call spreads
12/31/25 Micron (MU) buyers of 800 April $380 calls for $14.50
12/31/25 Qualcomm (QCOM) opening seller of 250 June 2027 $185 puts at $33.25
12/31/25 Advanced Micro (AMD) 1700 April $210 ITM calls buying at $27.72 as some Feb $200 calls adjust
12/31/25 Meta (META) 800 Jan 30th $600 puts sell to open $6.15 in a stock replacement
12/31/25 Taiwan Semi (TSM) sees 1000 Jan $305 puts sell to open $8.70
12/31/25 Impinj (PI) buyer of 200 July $195 calls for $28.70
12/31/25 Amazon (AMZN) buyer of 700x 1750x Dec 2026 $230/370 call ratios
12/31/25 Netflix (NFLX) buyers of 3000 Jan 30th $95 calls at $4.30
12/31/25 Western Digital (WDC) buyers of 1300 Feb $170 calls at $18.70
12/31/25 Seagate (STX) stock replacement buys 300 Feb $280 calls at $26.90
12/31/25 Lam Research (LRCX) opening sales of 400 Sept $125 puts for $8.25
12/31/25 Nvidia (NVDA) buyer of 600 Sept 2027 $250 calls at $30.05 as some June $150 calls adjust
12/31/25 Oklo (OKLO) opening sales of 1300 Feb $60 puts for $3.80
12/31/25 Looks like SPX seeing the JPM collar roll adjustment: Sells 34,800 March 31st $7195 calls at $64.21 to buy the $6515/$5495 put spreads. Quarterly adjustment against a long stock portfolio