Power Plays Market Update
July 8, 2025

By Scott Redler

We might be heading into a tricky market period so I wanted to chime in with an update.

My base case for this week is that we consolidate some of the huge gains we've seen since the March-April lows.

Between tariff headlines and the approach of earnings season, we do have multiple sources of potential anxiety that could weigh on the tap and drive some modest profit-taking.

Plus, there's a bigger issue.

There's just no sustained power out there. We're not seeing many names make big moves and hold them.

That means it's time to take a deep breath, clean up loose longs, and be ready for anything.

So there may not be a new Power Play this week.

Remember, I will not send you ideas unless I believe they can work.

I will never send an idea just for the sake of it, especially if the market looks tricky.

And of course, we do have multiple ideas in one week when things look good.

There were 9 Power Plays in June, so we averaged over two a week.

If you are looking for fresh opportunities, our existing names AST SpaceMobile (ASTS) and the SPDR S&P Biotech ETF (XBI) still look great.

ASTS in particular should shine if the broader markets firm up.

As for WeBull (BULL), I'm glad we took off 3/4 last week into strength because it got hit Monday on its money raise announcement.

Nvidia (NVDA) and Amazon (AMZN) have been very solid but I would not chase them.

This not the time to overtrade.

Until further notice, less is more!

Good luck out there, and stay safe.

-Scott

Scott Redler Positions Disclosure as of 2025-07-08 at 10.13.21 AM

These are not Power Plays ideas.