Pure Power Picks Weekly Watchlist

Stocks To Watch – 4/13/2026

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.

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Live Alert Results

Past performance does not guarantee future results. Options trading involves substantial risk of loss. Percentage shown reflects the maximum opportunity the contract reached since the time it was alerted and does not represent the active value of the alert at this time.

Weekly Market Brief

Last Week in Review:
Markets experienced a risk-on sentiment last week, driven by easing geopolitical tensions and positive economic data. The S&P 500 gained 3.6%, the Dow Jones Industrial Average rose 3%, and the Nasdaq Composite advanced 4.7%. A temporary U.S.–Iran ceasefire and cooling energy prices contributed to the rally, while a better-than-expected jobs report further bolstered investor confidence. Technology and communication services sectors led the gains, while energy lagged despite elevated oil prices.

Week Ahead — What to Watch:
This week, investors should focus on a series of major earnings reports and economic data releases. On Monday, Goldman Sachs is set to report Q1 results, with analysts expecting earnings of $16.35 per share on $16.89 billion in revenue. Tuesday brings reports from JPMorgan Chase, Johnson & Johnson, Citigroup, and Wells Fargo, with JPMorgan estimated to earn $5.44 per share. Wednesday features updates from Bank of America, Morgan Stanley, and ASML, while Thursday highlights include PepsiCo and Netflix, with Netflix projected to deliver $0.76 EPS on $12.17 billion in revenue. Friday wraps up with reports from Ally Financial, Truist, and State Street. Additionally, key economic data such as U.S. industrial production and producer price index (PPI) figures will be released, providing insights into growth and inflation trends. Given the confluence of earnings reports and economic indicators, traders should prepare for potential volatility and be vigilant for any signs of sector rotation or shifts in market sentiment.

SPY Market Brief

Week of April 13, 2026

SPY demonstrated a strong bullish trend during the week of April 6–10, 2026, opening at $655.86 and closing at $679.46, marking a significant gain. The ETF consistently traded above both the 50-day SMA ($674.29) and the 200-day SMA ($664.36), reinforcing the upward momentum. The daily RSI (14) at 59.96 indicates that SPY is approaching overbought territory but remains within a healthy range. Swing traders should monitor the $680 level as immediate resistance, with support established around the 50-day SMA.

Over the past eight weeks, SPY has exhibited a recovery from previous declines, with the 10-week SMA at $670.04 and the 40-week SMA at $665.78, both below the current price, suggesting a sustained bullish trend. The weekly RSI (14) at 54.66 reflects moderate strength without overextension. Geopolitical tensions, particularly involving Iran, have introduced volatility, yet the market has shown resilience. The weekly candle structure indicates potential for continued gains, provided external factors remain stable.

Open $655.86
High $682.03 Fri 4/10
Low $651.06 Tue 4/7
Close $679.46
Weekly Performance
SPY +7.16%
DIA +6.17%
QQQ +8.62%
IWM +7.49%

Bullish Perspective

The consistent trading above key moving averages and the positive RSI readings support a bullish outlook. A decisive close above the $680 resistance could pave the way for testing higher levels. Continued economic strength and easing geopolitical tensions would further bolster this scenario. Traders should look for sustained volume and positive market breadth to confirm bullish momentum.

Bearish Perspective

Should SPY fail to maintain its position above the 50-day SMA, it may signal weakening momentum. A breakdown below the 200-day SMA at $664.36 would be particularly concerning, potentially leading to a retest of lower support levels. Escalating geopolitical conflicts or unfavorable economic data could catalyze such a decline. Traders should watch for decreasing volume and negative divergences in technical indicators as signs of a bearish shift.

SPY Weekly Chart Source: Finviz

Weekly Stocks to Watch

UNH

UnitedHealth Group Inc.

Weekly Chart
Neutral

Solid move last week and now over $300. Keep it simple. If UNH is holding $300, can anticipate to see a move back into $310 – 325. If the volume comes in strong a deeper target would be 330 – 340 range within the coming weeks. More optimistic targets towards $350 – 380 with time. However, if $300 does not hold, would be cautious being long and look out for downside into 290 – 280 – 275 – 260.

Support $300,
Upside Targets $310, $325, $330, $340, $350, $380
Downside Targets $290, $280, $275, $260
Invalidation $300.00
Breakdown Trigger $300
UNH Chart Source: TradingView
BKSY

BlackSky Technology

Weekly Chart
Neutral

Potential squeeze may be coming. There’s no real resistance when looking left on the long term weekly chart. If space theme is holding strong, watch out for impulsive moves higher. Look for a breakout over $36.34 to cause more shorts to cover. Upside can surge into $40 – 50 and deeper squeeze can send this into $60 – 75. Look for short term support at $32 and deeper support $27.5 – 25.

Support $25, $27.5, $32
Upside Targets $40, $50, $60, $75
Invalidation $25.00
Breakout Trigger $36.34
BKSY Chart Source: TradingView
SNOW

Snowflake

Weekly Chart
Neutral

Dumped last week, trading at demand now. Buyers did not show up at all last week, and there’s no real sign of a reversal. However, we will have to see if buyers show up here in the demand zone. If they don't downside can continue into SNOW all time lows $107.93. Under the all time lows and SNOW could be destined to hit $100 and lower. If last weeks low is holding, there could be bounces into $125 – 130 – 140 – 145. A move back into the $150/160 range is possible if the sector recovers. Watch out for rejections if there are bounces into these levels.

Support $107.93
Upside Targets $125, $130, $140, $145, $150, $160
Downside Targets $100
Invalidation $107.93
Breakdown Trigger $107.93
SNOW Chart Source: TradingView
BABA

Alibaba Group Holding

Weekly Chart
Neutral

Bullish engulfing on the weekly may signal sign of reversal coming in the near term. Look for support at $125 range. Target near term upside into $129.5. A move over $130 can lead to conviction for buyers to target $140 – 150 – 160 in the coming weeks. Look for support $120 range. A close under $120, would look bearish. In this case would then be cautious of BABA falling back into the $115 – 100 supply.

Support $120, $125
Upside Targets $129.5, $130, $140, $150, $160
Downside Targets $100, $115
Invalidation $120.00
Breakdown Trigger $120
BABA Chart Source: TradingView
NBIS

Nebius

Weekly Chart
Neutral

All time high breakout watch after last weeks full body ATH breakout candle. Look out for a move over $149.82 for NBIS to print new all time highs. Over $150 would look extremely bullish. If $150 is holding, target upside into $160 – 175 – 200 in the coming weeks. Look for support / dip by opportunity $140 – 130 – 125 range.

Support $125, $130, $140
Upside Targets $150, $160, $175, $200
Invalidation $125.00
Breakout Trigger $149.82
NBIS Chart Source: TradingView
COST

Costco Wholesale

Weekly Chart
Neutral

Last weeks selling may provide dip buy opportunity to ride the uptrend. COST has been steady, holding the 13ema and is close to breaking out into continuation targets $1050 – 1078. A breakout over the latter could bring a very strong all time high breakout into $1100- 1200 this year. Look for short term support $980 – 960 which is 13ema / uptend zone.

Support $960, $980
Upside Targets $1100, $1200
Invalidation $960.00
Breakout Trigger $1078
COST Chart Source: TradingView
BA

Boeing

Weekly Chart
Neutral

Solid past two weeks. If the larger weekly trend holds, BA could be set to range back into early 2026 highs near $250. What we will look for is BA to work on holding $217.5 – 220 range. If this spot can build, look for continuation into $225 – 230 – 236. Moves into 242 – $250 /260 are optimistic long side targets within the coming weeks – months. If BA rejects the 13 ema, watch for moves back into $205 – 200. Under $200 and would be concerned for short term long sided positions.

Support $217.5
Upside Targets $225, $230, $236, $242, $250, $260
Downside Targets $205, $200
Invalidation $217.50
Breakout Trigger $220
Breakdown Trigger $217.5
BA Chart Source: TradingView
IBIT

iShares Bitcoin Trust ETF

Daily Chart
Neutral

After a 3 month consolidation IBIT has broken over its 20 & 50 SMA. Look for a break over $42.05 for upside targets at $42.60 – 43.75 – 45.63 – 48.75. If IBIT breaks below its recent consolidation low and resistance becomes support at $39.90/38.75 look for downside targets at $37.5 – 36.30 – 35.62.

Upside Targets $42.6, $43.75, $45.63, $48.75
Resistance $38.75, $39.9
Downside Targets $37.5, $36.3, $35.62
Breakout Trigger $42.05
Breakdown Trigger 38.75
IBIT Chart Source: TradingView
MARA

Mara Holdings Inc.

Weekly Chart
Neutral

Showing high short interest in a three and a half month consolidation, MARA is now showing a reverse Head and SHoulders pattern trading over the 20& 50 SMA. Look for a break over $10.05 (neckline) for upside targets at $10.50 – 11.00 – 11.50 – 12.70. If MARA breaks below $8.50 look for downside targets at $8 – 7.50 – 7 – 6.65 – 6.25.

Upside Targets $10.5, $11, $11.5, $12.7
Downside Targets $8, $7.5, $7, $6.65, $6.25
Breakout Trigger $10.05
Breakdown Trigger $8.5
MARA Chart Source: TradingView

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Continued Watch

AA Alcoa

“Aluminum Bull flag breakout may run AA up into 2022 highs +$98 in the coming weeks – months. Keep it simple, look for support at $65, target a steady bull flag continuation into/over $72.5 towards 75 – 77.5 – 80 – 82.5 – 85 – 87.5 – 90 – all time high test. If $65 does not hold, $60 becomes next support, under $55 would break the bull flag look. Will keep eyes on increasing volume for continuation confirmation.”

GM General Motors

“Has been rejecting the 13ema trend line for the past 5 weeks. If this continues, there’s potential for GM to make newer lows under the bear flag into the previous supply / breakout zone. Look for resistance $75 – 77.5 – 78.5. With a move under 71.67 look for downside into 66.75. Under that, target $65 – 60.5 – 58.5 – 55. If GM closes above the 13ema on weekly chart, this idea may be invalid as GM can retest the extended 2026 highs.”

AMSC American Superconductor

“AMSC – Consolidating for the last week and trading above its 20 & 50 SMA. For a more aggressive setup, look for a break over 32.90 (high made 4/2) for targets at 33.50 – 34.05 and contiuned followthrough beyond $35.05. For a less aggressive setup wait for a break and hold over $35.05 for upside targets at $35.81 (previous resistance from 2/25) – 36.25 – 37.40 – 38.88 – 39.80 – 43.31. If AMSC breaks below its 20 & 50 SMA at $30.90 look for downside targets at $29.46 – 27.05 – 26.46 – 23.25 – 22.25.”

MRK Merck

“Putting in its second consolidation and currently showing a bull flag after breaking over the 20 & 50 SMA. Look for a break over $122.25 for upside targets at $123.02 – 124.20 – 125.14 (52wkh) – 126.34 – 128.05. If MRK breaks below the flag and 20/50 SMA at $117.20 look to downside targets at $116.10 – 114.45 – 113.30 – 112.72 – 111.45.”

Earnings Calendar

Earnings Calendar Source: Earnings Whispers

Economic Calendar

Date Event Previous
Mon, Apr 13 2:00PM Existing home sales 4090000
Mon, Apr 13 10:20PM Fed governor Stephen Miran speaks Fed
Tue, Apr 14 10:00AM NFIB optimism index 98.8
Tue, Apr 14 12:30PM Core PPI year over year 3.5%
Tue, Apr 14 12:30PM PPI year over year 3.4%
Tue, Apr 14 12:30PM Core PPI 0.5%
Tue, Apr 14 12:30PM Producer price index 0.7%
Tue, Apr 14 5:00PM Boston Fed President Susan Collins, Richmond Fed President Tom Barkin and Philadelphia Fed President Anna Paulson on a panel about rural economy
Tue, Apr 14 9:50PM Fed governor Michael Barr speaks Fed
Wed, Apr 15 12:30PM Fed governor Michael Barr speaks Fed
Wed, Apr 15 12:30PM Empire State manufacturing survey -0.2%
Wed, Apr 15 12:30PM Import price index minus fuel 1.1%
Wed, Apr 15 12:30PM Import price index 1.3%
Wed, Apr 15 2:00PM Home builder confidence index 38
Wed, Apr 15 5:45PM Fed Vice Chair for Supervision Michelle Bowman speaks Fed
Wed, Apr 15 6:00PM Fed Beige Book
Thu, Apr 16 12:30PM Philadelphia Fed manufacturing survey 18.1
Thu, Apr 16 12:30PM Initial jobless claims 219000
Thu, Apr 16 1:15PM Capacity utilization 76.3%
Thu, Apr 16 1:15PM Industrial production 0.2%
Thu, Apr 16 2:35PM Fed governor Stephen Miran speaks Fed
Fri, Apr 17 12:35AM New York Fed President John Williams speaks Fed
Fri, Apr 17 3:30PM San Francisco Fed President Mary Daly speaks Fed
Fri, Apr 17 4:15PM Richmond Fed president Tom Barkin speaks Fed
Fri, Apr 17 6:00PM Fed governor Christopher Waller speaks Fed
Source: Unusual Whales

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