Stocks To Watch – 2/9/2026
It's Free Watchlist Week! Once a month we send the entire Watchlist to everyone for free.
If you're not yet a member, Sign up now and get every Watchlist, every week! You will also receive the Pure Power Picks 3-5 Weekly Options Trading Alerts & much more!
If you're already a member with Pure Power Picks, please Login
The information provided in this Weekly Stocks to Watch list is for educational and informational purposes only. It should not be considered financial advice, investment recommendations, or a solicitation to buy or sell any securities. Trading and investing involve significant risk, and you should only trade with money you can afford to lose. Always conduct your own research or consult with a licensed financial advisor before making investment decisions.
Brief Overview
Welcome back to this week’s Stocks to Watch!
Congratulations to the Seattle Seahawks on Winning Super Bowl LX! We’re ready to get back to the market action this week, but first we have an important update for Pure Power Picks Members…
The new Alert Tracker Dashboard is LIVE! Click the button below to launch the Tracker Dashboard
Log in to access the Options Tracker.
Here’s a sneak Peek!…
Looking back at last week…
Monday: Early Push Into Resistance
SPY opened the week with strength and pushed into the upper $690s, testing resistance near the $697–699 zone. Momentum looked constructive early, but buyers couldn’t generate enough follow-through to challenge $700. The session ended near highs but under key breakout territory.
Tuesday: Rejection Near Highs
Price action stalled near resistance and sellers stepped in. SPY failed to build above the prior day’s highs and began to rotate lower, signaling hesitation just under the psychological $700 level. The rejection shifted momentum short term.
Wednesday: Pullback Gains Traction
Selling pressure picked up midweek as SPY drifted back toward the lower $690s. Treasury yields and broader risk sentiment contributed to the pullback. Buyers defended support, but upside momentum clearly cooled.
Thursday: Consolidation and Base Building
SPY traded in a tighter range, attempting to stabilize above support near $688–690. Volatility eased slightly, and the tape felt more balanced between buyers and sellers. This session looked more like digestion than breakdown.
Friday: Late-Week Recovery Attempt
Buyers stepped back in toward the end of the week, pushing SPY back toward the mid-$690s. While it didn’t break into new highs, the recovery helped prevent deeper downside and kept the broader uptrend intact heading into the following week.
Key Takeaway:
SPY tested resistance near $700 but couldn’t break through. The week became more about consolidation than continuation. Bulls are still in control above key support in the high $680s, but momentum will need to build for a clean breakout attempt. A decisive move over $700 remains the next major inflection point.
Recent Winners Tracking
HOOD +104% Sent on 2/5
CVX +49% Sent on 2/3
TGT +55% Sent on 2/2
SOFI +102% Sent on 1/27
RR +103% Sent on 1/20
IONQ +65% Sent on 1/16
CHWY +55% Sent on 1/9
XYZ +40% Sent on 1/6
*Max opportunity on options alerted so far/before expiration.
View all PPP’s alert performance with the Member’s Only Alert Tracker!
Market Brief
S&P 500 ETF (Ticker: SPY) – Daily Chart
Opened last week at: $689.58
Hit a weekly high of: $697.56 (premarket) on Tue 2/3
Hit a weekly low of: $670.89 (after hours) on Thu 2/5
Closed the week at: $690.62
Last Week…
SPY started the week pushing higher but ran into resistance in the upper $690s and failed to break through the $700 level. After multiple attempts to build momentum, price action stalled and pulled back midweek before stabilizing into Friday. Despite the pullback, buyers continued defending key support zones, keeping the broader uptrend intact heading into the next week.
Bullish Perspective
Bulls will want to see SPY reclaim $695–697 and hold above that zone for continuation higher. A clean break through $698–699 opens the door for a real test of $700, which remains major psychological and technical resistance. If $700 is broken and held with momentum, that could trigger acceleration toward $703–705 as breakout buyers step in.
Bearish Perspective
Bears will want to see SPY stay heavy under $695 and reject any bounce attempts into that zone. Initial downside targets sit at $690 – $688 – $685.50. If selling pressure builds, deeper support comes in around $682 – $679.50 – $676.80, where buyers previously stepped up. A sustained move below those levels would shift the tone from consolidation to potential short-term correction.
Charts Provided By: Finviz
Weekly Stocks to Watch
As always, we’ll be heavily focused on our news feeds & scanners for prime opportunities throughout the week.
Coinbase Global Inc. (Ticker: COIN)
$150 – 140 support on the weekly chart has shown demand in the past. COIN has made an extended sharp move into this demand and may bounce. Look for $150/140 level to hold, watch for BTC strength, and if this is happening, target a move back into $175 – 200 potentially $225 – 230 in the coming weeks for a return to mean. Earnings next week so watch out for extra volatility. If COIN is not able to hold $140, the downside can continue into $125 – 115 – 100 and potentially under into $80 range, especially if BTC flushes lower in search of a new bottom.
Enphase Energy Inc. (Ticker: ENPH)
Huge volume spike last week, and price shot up as well. ENPH is now a strong reversal / continuation opportunity into the coming weeks – months as it will be hard to ignore the volume and potential upside that’s possible in 2026. Look for support at $45 – 40 – 37.5 to hold. With this target continuation in the coming weeks – months into and over $50 towards 57.5 – 60 – 75 – 100 – 125. This idea gives a strong risk to reward profile for an energy play.
McDonalds Corp. (Ticker: MCD)
After moving up off $300 support range, now there’s a potential all time high breakout inbound. Focus on a move over $328.06 for impulsive upside moves in the coming days – weeks into $330 – 340 – 350 and with more time potential for a much larger move into $375 – 400. Look for short term support $320 – 315. Keep this simple, anticipate strong upside with a new all time high print in the coming days – weeks.
Wayfair Inc. (Ticker: W)
Bit of a trend breakdown on the weekly chart. If markets move to the red side, anticipating Wayfair to heat up to the downside as well. Look for resistance at $100 psych level up into $102 – 105. These levels should reject in a bearish scenario, and would leave upside wicks on the candles as confirmation. If this is the case, target downside under $90 into 85 -75 – 70 – 65 in the coming weeks. If selling heats up, a move into $55 volume profile is in the cards.
Celsius Holdings Inc. (Ticker: CELH)
After putting in a bull trend reversal from Dec 22 CELH ran all the way to $57.85 and then retraced to its 200 & 50 SMA. Now closing back above these SMAs Friday, we’ll be on the lookout for a break above $51 for upside targets at $52.62 – 53.76 – 54.80 – 55.30 – 57.19 – 59.56 (gap fill) – 61 – 63.10. If CELH breaks back below its 50SMA around $47.20 look for downside targets at $46.35 – 45.06 – 44.40 – 43.00 – 41.70 – 39.65.
Hess Midstream LP (Ticker: HESM)
Currently in a 4-month consolidation channel while still trading below its 200SMA, but sitting above its 50 & 20 SMA. If HESM can break above this channel top, $36.60/36.85 range, look for upside targets at $37.65 – 39.50 (gap fill) – 40.60 – 41.70 – 42.67. If HESM falls below its 50SMA & its 2-week consolidation level at $34.40, look for downside targets at $33.20 – 32.70 – 31.60 – 30.75 – 29.50 – 28.60.
We have other names on watch and we’ll continue to monitor our breaking news feeds and Stock & Options Scanners to help make the smartest picks with the most potential throughout the week!
Last Week’s Continued Watch
Ideas from last week’s Watchlist that are still relevant this week
Diamondback Energy Inc. (Ticker: FANG) “Look for FANG to work off support $155 – 150 and target upside over $160 to continue into – 165 – 171. If this breakout moves over $172.5 FANG may impulsively move into supply zone $175 – 180. With deeper time 185 – 200. If $150 does not hold, FANG could drop deeper into $140.”
Palantir Technologies Inc. (Ticker: PLTR) “Huge sell candle last week, closing under $150 at $146.59, which is under support from November 2025. If PLTR continues to the downside and rejects $150, look for support / bounce opportunities at $142.5. However, $142 fails, PLTR could slip sharply back into $135 – $130 – $125 and in a deeper pullback, $120-110 is a possible weekly return to mean target. However, PLTR has bounced strongly at $150-140 range and if PLTR can hold $150, it may bounce again and a move back into $160 – 170 – 175+ is possible if PLTR buyers show up.”
NOVO-Nordisk (Ticker: NVO) “Potential price reversal, with Earnings this week. Earnings may give a clearer picture towards a future uptrend or not. After earnings, look to see if short term support is holding at $57.5 – 55, deeper support at $50 level. If this is the case, upside swing targets $64.22 – 71.5 – $75 – 81+. NVO could reject into lows $45 – 40 demand if earnings aren’t favorable. NVO has been no stranger to downside in the last year and a half.”
Antero Resources Corp. (Ticker: AR) “Natural gas name trending well with volume picking up could be in for a move into $38.17. This level must clear for a potential breakout into $40 – 42.5 – 44. With time or a large catalyst $45 – 48.8 supply may become the future price. Look for short term support at $35. Mid range support at 33.5 and deeper support at $31 – 30.”
MACOM Technology Solutions Inc. (Ticker: MTSI) “if the upside +215 is is holding extended bullish run into $225 230 and with a breakout over $231.75 MTSI can continue to fly high into $250-275+. Understanding that this chart is extended to upside and with unfavorable news this could slip down easily and trap bulls in over 215 – 200 – 190.”
Nextera Energy Inc. (Ticker: MTSI) “After breaking out of a 2-month consolidation from Dec 11. NEE has continued its uptrend from the breakout on Jan 14, and broke back above its 50 SMA. Putting in a indecision doji on Friday, look for a break back above $89.20 for upside levels at $90 – 91.74 – 92.40 – 94.80 with a longer term target at 97.10. If NEE breaks below $86, look to downside support targets at $85.00 – 84.60 – 83.80 – 82.10 – 78.50.”
Intel Corp. (Ticker: INTC) “After dipping below the 20SMA and recovering post earnings, INTC is Currently hovering above its 20 SMA in a 3day consolidation pattern. Look for INTC to break the round number $50.00 for upside targets of $51.30 – 52.70 – 54.40. If it gets back above its 52wk high of $54.60 look to further upside targets at $55.34 – 56.40 – 57.70. If INTC breaks back below its consolidation zone around $45.90/45.25 look to support levels at $43.50 – 42.30 – 40.60 – 38.00 – 37.30 – 36.82.”
Weekly Market Earnings Calendar
Most Anticipated Earnings Releases This Week
Provided By: Earnings Whispers
Weekly Market Economic Calendar
Source: MarketWatch
Weekly Learning Focus
Newest Blogs
Candlestick patterns are often used to determine signs of strong resistance. 👀 Look for this price action (illustrated in the graphic) at key resistance levels when trading price action.
Look for A+ setups‼️ Avoid ⚠️ weak price action trades and keep your focus for the best opportunities. 💎
📌 Remember, it’s key to look at this price action at strong supply / demand / pivot levels. If the levels are random or less signifcant, the price action may be inconsistent as well!
*Interested in becoming an Affiliate? Join the Pure Power Picks Affiliate Program! Sign up now to become an affiliate marketer and earn money on every successful sign up you send our way! Click the button below to sign up now!
