Topics covered:
1) 0:00 Announcements
2) 0:40 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000
3) 11:45 Some stocks showing decent relative strength: ATRO, KRMN, PL, HWM, RTX, CBOE, SPHR, CGON
4) 14:50 FOCUS LIST: NVDA, TSM, TSLA, LLY, RKLB, ASTS, XBI (ETF)
5) 17:55 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), UFO (ETF), PL, BKSY, ATRO, KRMN, FTAI, WWD, CW, VSAT, HXL, HWM, GE, SATS, LUNR
6) 22:05 Stock Review – Semiconductors and Data Storage: SMH (ETF), AVGO, KLAC, LRCX, ASML, MTSI, TER, Q, MU, STX, WDC, SNDK
7) 25:15 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, JBL, CAMT, FN, VRT, GEV, MOD, ATI, KMT, BE, CIEN, GLW, AAOI, LASR
8) 29:15 Stock Review – Biotech/Medical: XBI (ETF), IBB (ETF), INCY, IMVT, EWTX, TERN, PCVX, CGON, AVTX, MAZE, CTMX
9) 31:15 Stock Review – Others/General Ideas/Commentary: DVN, VLO, NEM, FCX, GOOGL, SPHR, REMX (ETF)
10) 32:45 Conclusion/Summary

Market Summary:
The Nasdaq Composite is neither in a power trend nor a severe down trend. It’s just been in a sideways and choppy range over the past several months. The challenge lately is that there are many stocks that have great longer-term growth prospects, but the market is choppy, thus creating higher volatility for many of these stocks. That’s why I’ve discussed a few options in recent videos: 1) Sit out and don’t trade if it’s too volatile for you. 2) Use lighter positions and give stocks more room. 3) Get strong entry points and just deal with the volatility. These decisions should be made based on your timeframe and your overall risk tolerance.

The other challenge is that we’ve seen two different markets over the past two months. Value has outperformed growth and I mentioned that usually one of two things happens. Either growth stabilizes and the overall market uptrend resumes, or the weakness in growth eventually weighs on the entire market. Unfortunately, we saw the latter happen this week and all the major indexes are now below their 50-day moving averages. From here, continue to be patient and defensive. Please keep your trading light and stick to your stops in case the selling gets worse. There will be another power trend, but it will require patience and discipline until it emerges. As always, protecting your mental capital is just as important as protecting your overall capital, so that we can be ready to take advantage of the next uptrend. If you have any questions, you can ask them during the next LIVE webinar which will be next Saturday, March 14th at 11AM EST. Thank you and enjoy the rest of your weekend.

Unusual Options Activity:
3/6/26 Russell 2000 ETF (IWM) 12,000 May $285 calls buy at $1.21 and sell the $215 puts at $2.77 for bull r/r
3/6/26 Semiconductors ETF (SMH) buyer of 1150 April $390 calls at $24.15
3/6/26 Tech ETF (XLK) opening sale 2625 April $133 puts 3.85
3/6/26 Financials ETF (XLF) 23,000 Dec 2027 $51 puts sell to open $5.18 as June adjust
3/6/26 Pepsi (PEP) 5000 June $180/$140 bull risk reversals open at net credits
3/6/26 Philip Morris (PM) 1500 Sept $145 short puts open for 6.80
3/6/26 Wynn Resorts (WYNN) 5300 Jan $100 puts sell to open $12.30
3/6/26 Freeport McMoran (FCX) 1000 Jan 2028 $50 puts sell to open $8.65
3/6/26 CF Industries (CF) buyers of 2200 Jan $140 calls for 11.60
3/6/26 Planet Labs (PL) 2000 Jan $25 short puts opening 7.87 to 7.75
3/6/26 Planet Labs (PL) opening sales of 1500 March $26 puts at $3.30
3/6/26 Citigroup (C) Sept $100 short puts trade 8.25
3/6/26 Circle Internet Group (CRCL) large buys of 2250 June 2027 $110 calls at $34.10 to $34.50
3/6/26 Occidental Petro (OXY) 4000 May $60 calls bought $1.98 to $2.05
3/6/26 Canadian Natural (CNQ) 1090 Jan 2028 $35 short puts opening 3.60 bids
3/6/26 EQT (EQT) 3000 Sept $45 puts sell to open $1.11
3/6/26 Schlumberger (SLB) buyer 2000x3000x June $52.50/$60 call ratios
3/6/26 Halliburton (HAL) buyer of 2000 June $37 calls at $2.05
3/6/26 Ormat Technologies (ORA) large buyer of 2000 May $105 calls at $10
3/6/26 Intuitive Surgical (ISRG) buyer of 700 May $565 calls at $8.35 as March $520 adjust
3/6/26 Novo Nordisk (NVO) opening sale 500 March 2027 $40 puts $7.80
3/6/26 Pfizer (PFE) buyers of over 85,000 Sept $28 calls at $1.22 to $1.40
3/6/26 Merck (MRK) buyer of 2600 April $110 calls for $7.73 as $130 calls adjust
3/6/26 uniQure (QURE) 8000 July 20/40 call spreads buy for 1.20
3/6/26 CoreWeave (CRWV) opening seller 1000 Oct $72.50 puts at $18.30
3/6/36 Nokia (NOK) 2550 Oct 10 calls buy 0.74
3/6/26 Amprius Technologies (AMPX) July $25 calls bought 5000X
3/6/26 Google (GOOG) late day buyers of 2000 May $290 ITM calls at $26
3/6/26 Nvidia (NVDA) 2000 Dec 2028 $200 ITM puts sell to open $57.35
3/6/26 On Semi (ON) buyer 500 Jan 2028 $60/$85 call spreads for $9.35
3/6/26 Coherent (COHR) opening sales of 1100 Jan $100 puts at $8.30
3/6/26 EchoStar (SATS) buyer of 200 Sept $105 ITM calls at $23.18 as some June $125 calls adjust
3/5/26 Nasdaq 100 ETF (QQQ) buyers of 2000 Jan $650 calls at $38.50 to $39.61
3/5/26 Energy ETF (XLE) buyers of 4600 Dec $67.50 calls at $2 to $2.10
3/5/26 Gold Miners ETF (GDX) buyers of 6500 June $109 calls at $8.50 to $9
3/5/26 Gold ETF (GLD) 1000 March 2027 $400 short puts open 17.40
3/5/26 Silver ETF (SLV) buyer of 1200 April 2nd $75 calls at $6.05
3/5/26 South Korea ETF (EWY) 3000 April 2nd (W) 140/150 call spreads bought
3/5/26 Tesla (TSLA) opening seller 1000 March 2027 $350 puts at $46.95 to $46.85
3/5/26 Tesla (TSLA) also 2500 Dec $510/$560 call spreads bought, adjusting strikes up
3/5/26 Netflix (NFLX) 1000 March 2027 $80 short puts open 6.10
3/5/26 Airbnb (ABNB) 1000 May $130 short puts opening 6.75
3/5/26 Walmart (WMT) 7785 April 10th (W) $113 short puts opening 0.92
3/5/26 Walmart (WMT) 8000 April 110 short puts open 1.18
3/5/26 Schlumberger (SLB) buyer 10,000 May $50 calls at $2.44 as $55 calls adjust
3/5/26 Valero (VLO) 1050 March 13th (W) $240 calls bought 3.75 offer
3/5/26 Bloom Energy (BE) opening sale of 1320 June $120 puts for $17.60
3/5/26 Merck (MRK) opening sale 500 Jan $120 puts ITM 15.40 bid
3/5/26 Beam Therapeutics (BEAM) buyers of 600 Jan 2028 $40/$50 call spreads
3/5/26 uniQure (QURE) 18000 April $15 calls bought against $25 calls
3/5/26 RTX (RTX) 4840 April $180 short puts open 2.25
3/5/26 GE Vernova (GEV) 1330 April 10th (W) $645 short puts opening 5.80
3/5/26 GE Vernova (GEV) opening sale of 1440 April $620 puts at $6.96
3/5/26 Caterpillar (CAT) large opening sellers of 1000 May $740 puts for $62.20 to $60
3/5/26 Teck Resources (TECK) opening seller of 1750 August $55 puts at $7.06
3/5/26 Freeport McMoran (FCX) 1000 July $60 short puts open at 6.10
3/5/26 Newmont (NEM) with 550 August $105 puts sold to open 9.80
3/5/26 Apple (AAPL) opening sale of 1500 August $260 puts at $18.61
3/5/26 Google (GOOG) with large opening sale 1500 Sept $300 puts $28.70
3/5/26 CoreWeave (CRWV) large opening sale 1650 Dec 70 puts 18.70
3/5/26 Nvidia (NVDA) opening sellers of 3000 April 10th $200 ITM puts at $21.81 in large blocks
3/5/26 Broadcom (AVGO) 5900 April $260 short puts opening 3.33
3/5/26 Taiwan Semi (TSM) buyer 1000 Sept $430 calls $24.50
3/5/26 Micron (MU) opening sale of 1700 April $280 puts at $5.50
3/5/26 Corning (GLW) 900 May $135 puts sell to open 13.80
3/5/26 Celestica (CLS) 5100 April $175 short puts open at $2
3/5/26 Ciena (CIEN) 5500 April 170 short puts open 1.61
3/5/26 EchoStar (SATS) June 120/165 call ratios trade 500X1000