PRIME PICK$
February 4, 2026 Volume 210 "Bleeding Out Edition"
Watch Out For Falling Stocks!
This week has been an absolute volatility clinic. And the market is bleeding out like a stuck pig in some sectors. AMD was the latest turd to flush the market, dropping 17% after earnings yesterday despite putting up solid numbers. Their Q1 forecast just didn’t hit the mark and investors weren’t having it. Tech and software have been dragging, mostly after Anthropic put out an AI automation tool for legal work, basically saying “fuck the humans” we aren’t here to enhance, we are here to takeover major jobs. Someone better put the brakes on this fast or there are going to be a lot more people out of work coming soon.
And VIX has been cranking, however we largely see the same pattern that I have mentioned in the past. The morning gets dumped on and then after the Euro close/into the afternoon we often see some recovery. You could save yourselves some headaches by noting market behavior and patterns. If you skip the morning BS, you can still have plenty of time to trade and the premiums are often more advantageous.
Now, many people are out here getting slaughtered this week, but I cautioned about continued volatility this week in the Sunday stack, and I set us up with names that work when the going gets tough. WMT, KR, and PG all went over 1,000% in 3 days or less. While the Nasdaq has been getting hammered with money rotating out of stretched tech valuations, defensive plays and consumer staples have been holding up. Exactly where we positioned. And you know I stay doing this, so I have us reloaded tonight to close out the week.
Time to peel back tonight’s setups and start setting your levels, triggers, and alerts to capitalize into the end of the week. Let’s get it!
SUBSCRIBE TO THE ALL NEW PRIME PICK$ LOTTO FRIDAY ← click the words
My Charts
Over Green line = Entry for Calls
Under Red line = Entry for Puts
Dash/Dot Blue line = Price Targets
Orange Dash/Dot line = POC (Point Of Control)
Purple line = Dark Pool
Blue Boxes = Demand Zones
Red Boxes = Supply Zones
EMA: orange = 9 | blue = 20 | pink = 50
Price targets are not the same as option strikes.
Price targets are where I believe the chart can/will go.
The strikes I suggest are what I think provide the best risk/reward to make money.
Let’s BANK!
BA
BA 0.00%↑ daily broadening megaphone pattern, holding well over the 50 ema and finding a support bound off the trendline to give us a nice bullish hammer candle on the day. Break over today’s high and calls is the way to go. If we reject the high and fade we can take puts, mindful of the trendline breakdown giving us a chance to test the 50 ema. Here’s the plan.
