If you use the Spectral Measurements Express VI, you can configure it to do peak hold. In the configuration screen, turn averaging on, click on the Peak Hold radio button, and set the averaging number to 1. Then all your peaks will be displayed as they come and go. See attached vi. If you want to see how the express vi does it, you can convert the express vi to a normal vi and then look into the block diagram. I believe one of the functions has a peak hold input.