Topics covered:
1) 0:00 Announcements
2) 1:00 Market Commentary and Index Review
3) 13:00 Stock Review – Aerospace/Defense: UFO (ETF), RKLB, PL, BKSY, ASTS, VSAT, SATL, LUNR, SATS, FLY
4) 17:00 Stock Review – Semiconductors and Data Storage: SMH (ETF), NVDA, AVGO, TSM, ARM, KLAC, AMAT, UCTT, AEHR, TSEM, TER, AEIS, MTSI, Q, MU, STX, WDC, SNDK
5) 22:40 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, JBL, VRT, GEV, CIEN, GLW, AAOI, AXTI, MOD, CLS, TTMI, LASR, POWL, BE, ATI, SIMO
6) 29:00 Stock Review – Biotech/Medical: XBI (ETF), EWTX, PCVX, CGON, CAPR, GRCE, NKTR, DNTH, ARWR, MLYS, ELTX, INBX, ORKA, SYRE, TYRA
7) 34:20 Stock Review – Others/General Ideas/Commentary: TDW, ALB, AMPX, DELL, NBIS, CRWV, SPHR, GOOGL
8) 36:20 Conclusion/Summary

Market Summary:
The S&P 500 had a Day 6 follow through day (FTD) on Wednesday, April 8th. As I mentioned in recent videos, after a FTD you want to see sideways digestion on light volume, minimal distribution, the major indexes continue to hold above their key moving averages, growth stocks to act well, and eventually a SECOND FTD. We’ve seen all that since April 8th. Technically, we didn’t get a second FTD on the S&P 500, but we did see THREE strong accumulation days on Monday, April 13 (+1.02%), Tuesday, April 14 (+1.18%), and Friday, April 17 (+1.2%). I say “technically” because the old definition of a FTD used to be 1% or greater. The whole point is who cares? After the April 8th FTD, the price action has been strong and we’ve seen continued accumulation. Regarding the Nasdaq Composite, we’ve seen FOUR follow through days on 4/14, 4/15, 4/17, and 4/24. Again, these are all positive signs of the institutions coming back into the market.

From here, 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. 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 size 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:
4/24/26 Nasdaq 100 ETF (QQQ) diagonal spreads buy 2000 Sept 2027 $770 calls at $39.57 and sells the Dec 2027 $820 calls at $31.76
4/24/26 Semiconductors ETF (SMH) 1175 August $645 calls buying 7.45 offer sweeps
4/24/26 Semiconductors ETF (SMH) 1400 Oct $695 calls buying $8.10 offers
4/24/26 Semiconductors ETF (SMH) also opening sellers of 4050 August $450 puts at $22.75
4/24/26 Utilities ETF (XLU) opening sale of 2000 Sept $46 puts at $1.84
4/24/26 Taiwan ETF (EWT) buyer of 2500 Sept $100/$115 call spreads at $1.95
4/24/26 Bitcoin ETF (IBIT) buyer 5600 May 44.50 calls 1.71 offer
4/24/26 Walmart (WMT) 2345 July $150 upside calls buy 1.46
4/24/26 Disney (DIS) 1000 June 2027 80 short puts opens 3.90
4/24/26 Citigroup (C) 7000 June 5th (W) 111 puts sell to open 1.01
4/24/26 Schlumberger (SLB) with over 12,000 July $60 calls buying 2.30
4/24/26 Bloom Energy (BE) buyer of 1400 May $265 calls at $16.80 offer
4/24/26 Freeport McMoran (FCX) buyers of 4700 July $65 calls at $3.90, and sells the $55 puts at $2.85 for bull r/r
4/24/26 Cameco (CCJ) buyer 650 Sept 155 calls at 9.05 offer
4/24/26 Newmont (NEM) 5000 June $130 calls are bought $5.15
4/24/26 Amazon (AMZN) buyer 2500 Sept $360 calls $2.63
4/24/26 Cisco (CSCO) 1300 Jan $82.50 puts sell to open $5.82
4/24/26 Nvidia (NVDA) buyers of 4500 Sept $385 far OTM calls at $0.55
4/24/26 Nvidia (NVDA) 3000 June 5th (W) 190 short puts open 5.65
4/24/26 Nvidia (NVDA) 1900 August $205 puts selling to open $16
4/24/26 Nvidia (NVDA) buyers of 17,000 June 5th $200 ITM calls at $14.55 to $17.50 in large lots
4/24/26 Marvell Tech (MRVL) buyer 1350 May 8th (W) $175 calls 7.10 adjusts the 170 calls again
4/24/26 Advanced Micro (AMD) 2400 May 1st $400 calls buy at $1.33
4/24/26 Intel (INTC) buyers of 900 March $105 calls at $14.70
4/24/26 Arm Holdings (ARM) buyers of 1000 Oct $310 calls at $27.50 to $28
4/24/26 Tower Semi (TSEM) buyer of 1500 August $190 calls at $44.40 as May $130 calls adjust
4/24/26 Silicon Motion (SIMO) buyer of 3900 May $155 calls at $8.00 as some $150 calls adjust
4/24/26 American Superconductor (AMSC) buyer of 4000 June $70 calls at $2.80
4/24/26 Broadcom (AVGO) 1000 Jan $420 puts sell to open $67.33 as $300 short puts adjust higher
4/24/26 Qualcomm (QCOM) late day buys of 8500 June $175 calls at $3.20 to $3.40 in large lots
4/24/26 Camtek (CAMT) spread sold 250 Aug 150 puts to buy the 250/270 call spread
4/24/26 Amprius Technologies (AMPX) 2000 August $20 puts sell to open $3.60
4/24/26 Corning (GLW) buyers of 1100 August $250 calls at $8.90 to $9.15
4/24/26 Corning (GLW) buyer of 1400 June $200/$250 call spreads as May $175/210 spreads adjust
4/24/26 Applied Materials (AMAT) opening sales of 1000 may $410 puts at $23.50 to $23
4/24/26 Sanmina (SANM) 1900 May $195 calls opening as $185 adjust higher again
4/24/26 SanDisk (SNDK) seeing large buyers of 9500 May 8th $975/$1025 call spreads
4/24/26 Taiwan Semi (TSM) massive opening seller 5000 August $360 puts 20.35 to 20
4/23/26 Nasdaq 100 ETF (QQQ) massive opening seller of 10,000 June $645 puts at $16.63
4/23/26 Russell 2000 ETF (IWM) 1950 May 29th (W) 280 ITM puts sold to open 10.86
4/23/26 Semiconductors ETF (SMH) 1500 Sept $250 puts sell for $2.19
4/23/26 Regional Banks ETF (KRE) 1200 Dec 2028 $60 short puts open 7.50
4/23/26 Silver ETF (SLV) buyers of 2200 May 8th $69 calls at $2.92 offers
4/23/26 Tesla (TSLA) buyer of 13,500 August $420 calls at $24.67 as the June $400 calls adjust, over $34M
4/23/26 Tesla (TSLA) 1250 Nov $305 puts sell to open
4/23/26 Citigroup (C) buyer 10,000 May $135 calls 1.55 offer against 140 calls
4/23/26 Bloom Energy (BE) opening seller of 1000 June $170 puts at $11.75 bids
4/23/26 Vistra (VST) buyer 500 Dec $160 calls at $27.05
4/23/26 Planet Labs (PL) buyer 2500 June $47 calls $3.80 offer
4/23/26 Redwire (RDW) May 8th (W) $11 puts selling to open 3500X
4/23/26 Apple (AAPL) 2500 May 29th (W) 290 calls buy 3.25 offers, reports 4-30 and big put sales yesterday
4/23/26 Apple (AAPL) 10,000 Dec $250 puts selling to open 12.40 and lower
4/23/26 Meta (META) buyer 10,000 June $720 calls $20.70 to $21.75
4/23/26 Nokia (NOK) 2050 Jan 2028 $20 calls bought $1.22
4/23/26 Nokia (NOK) buyer of 3000 Dec 2027 $10 calls at $3.05
4/23/26 Marvell Tech (MRVL) 1550 May 8th (W) $170 calls bought $7.39 as lower strikes adjust higher
4/23/26 Marvell Tech (MRVL) opening sales of 3000 July $180 ITM puts at $31.40
4/23/26 ST Micro (STM) buyer 2500 Jan $60 calls $6.10
4/23/26 Tower Semi (TSEM) buyers 600 Aug $190 ITM calls $44.30 as May $130 adjust
4/23/26 Arm Holdings (ARM) opening sales of 900 June $175 puts at 410.75
4/23/26 Jabil (JBL) buyers 2000 May $390 calls at $2.65 to $3.10
4/23/26 Lumentum (LITE) more put sales with 500 Jan $850 puts sold to open $248.30
4/23/26 Amprius Technologies (AMPX) bull flow again as 1500 Jan 22 puts sell to open 7.10
4/23/26 Western Digital (WDC) 1000 June $540 calls buying at $17.20
4/23/26 Micron (MU) 8000 August $300 short puts opening 11.65 and lower
4/23/26 Taiwan Semi (TSM) opening seller of 7200 August $350 puts at $19.05 bids
4/23/26 Taiwan Semi (TSM) 1000 Dec 2027 $290 short puts open $34.80
4/23/26 Taiwan Semi (TSM) 2350 Sept $410 calls buy $36 offer