Money Plays This Week - Gameplan From Live Trading Call February 9th 2026
Market Strength Right Now: SPY reclaimed $692 (+1.9%), sitting right at the $696 MVC resistance. Nasdaq up +2.1%. VIX futures down -3.6%. Breadth is positive but grinding — TICK hit +649 midday. This is a steady buy-the-dip recovery, not a face-ripper. The setup favors continuation into close but don't chase extended names. Top 3 Sectors to Focus On: Storage & Memory (9.5/10) — This is THE sector from your call this morning. WDC, NTAP, PSTG, CSCO, ANET. "Every day we'll have a trade in one of these." Institutional flow confirms it with IGV seeing $1.5B inflows in 48 hours and IGV +2.5% pushing to highs. MU breaking out at $397 with 8K+ weekly $400 calls active. Semiconductors (9.3/10) — TSM, AMAT, ARM, LRCX. SMH bouncing off the 50-day MA with 13K March $450 calls bought and 1K September $425 bull synthetics opening at credits. AMAT opened at $322 and is ranging up to $330. This group has earnings catalysts stacked all week. Precious Metals (9.0/10) — Gold above $5,050, silver exploding past $83 (+6.7%). SLV seeing 25K June $120 calls bought at $4.65-$5. But be careful — these are extended intraday. The play here is flagging dip entries, not chasing the 6% move. Best Plays Right Now: HOOD at $84.40 is your highest conviction swing (9.5/10, Cash Cow). Earnings tomorrow after close. You're positioned with April calls for time buffer. No action needed today — just hold and let it set up. The $82-85 zone is your base. GOOGL at $323 is the freshest MOMO play. Bull reversal stick forming, $100B bond demand catalyst, 14K May $370 calls bought at $8.50+. Green on the day and running to highs. If you're looking for an afternoon entry, a pullback to $320 is the spot. NVDA at $185 is up 7.9% with a $1.6M call position opened plus 25K March $195 calls. Strong but extended — better as a pullback buy toward $182-185 if it gives you one into close. MU is the sleeper — watching $397 for the monthly value high breakout. 8K weekly $400 calls active early. If it clears $400, that's a clean MOMO trigger for a quick scalp.