Before we start, we'll take off our remainder of DoorDash (DASH) for a small gain. In a better market, this could be at $215+... but we're just not in a better market and it's at risk of being caught in broader selling. I'll look to reload at some point.

This environment remains very challenging.

There has been steady technical damage to the indices, with SPY breaking key levels $573.50 and $564.95.

So now there is risk of a break of $559.

Some Power Plays subscribers have asked why I didn't send out any new ideas this week.

Simple - there is not much working.

SPY, QQQ, and IWM are all down on the week so pretty much nothing is working.

So let's not be in a rush to trade just for the sake of it.

As I told you last week, I do not think the 2025 lows are in, so we have to be very careful.

The tariff headlines are all over the place, and hopefully, we'll get some resolution on that issue with the upcoming April 2 deadline.

For now, let's stay patient and be very selecting in looking for opportunities.

Now let's talk about our current names.

Alibaba (BABA) looked fantastic for a while but it's been struggling as China came in. We'll stick with it for now.

AST SpaceMobile (ASTS) has been roughed up a bit, but the overall pattern remains intact. And I may want to actually add to it at some point.

Stay safe out there, and have a great weekend.

-Scott