I just wanted to chime in with a quick update on Nio (NIO).

We added it to Power Plays at $4.45 on January 30.

The chart is much improved and it's started crawling up.

So we may finally get the big rally I've been looking for.

In fact, I think the stock looks great right here and now.

Therefore, I'm going to double up the position for Power Plays because I have that much confidence in it.

And in keeping with my current strategy, this is a special situation that does not need the SPX to act perfect for a rally.

-Scott