Day Trade Cheat Sheet - April 01, 2026 (Morning)

 ## MARKET MOOD: RISK-ON Overnight markets surged on optimism around a potential end to the Iran conflict, with Trump signaling a ceasefire within weeks. This geopolitical easing boosted risk appetite, lifting equities broadly while oil prices retreated. ## TOP 5 HEADLINES 1. Trump says Iranian leader has asked for a ceasefire → Impact: Eases geopolitical tensions, lifting global equities and pressuring oil prices lower. 2. Tesla EV deliveries on tap after China rivals report rebounding sales in March → Impact: Positive for Tesla and EV sector, signaling demand recovery in key market. 3. Boeing’s stock extends bounce after 7-year missile deal with Trump administration → Impact: Strengthens defense sector sentiment and Boeing’s outlook. 4. Nike retreats on outlook, turnaround efforts continue; China sales lag → Impact: Negative for Nike shares and retail sector amid growth concerns. 5. Visa launches new AI tools to manage charge dispute process → Impact: Enhances Visa’s tech profile, supporting fintech and payment stocks. ## PRE-MARKET MOVERS ### Longs (Bullish Catalysts) **$ARM** - +11.78% on strong analyst spotlight and AI growth potential **$BBAI** - +18.42% after earnings call and AI-related optimism **$META** - +7.48% on AI-driven growth and job cuts to fund capacity **$NVDA** - +6.39% benefiting from AI tailwinds and easing geopolitical risks **$TSLA** - +6.27% on expected Q1 deliveries rebound and China market recovery **$BA** - +6.69% after new missile deal and defense sector strength ### Shorts (Bearish Catalysts) **$NKE** - -9.06% on weak outlook and China sales challenges **$ORIC** - -10.21% after disappointing clinical data and selloff **$CXAI** - -11.00% on negative reaction to research publication **$RH** - -18.36% following earnings miss and weak Q1 guidance **$MKC** - -6.92% on profit-taking after recent gains **$CVX** - -3.91% pressured by falling oil prices amid Iran ceasefire hopes ## INDEX BIAS **SPY:** BULLISH - Strong 3.28% gain driven by easing geopolitical risks and broad sector strength. **QQQ:** BULLISH - 4.03% jump led by tech giants benefiting from AI and risk-on sentiment. **IWM:** BULLISH - 3.86% rally fueled by small-cap recovery and cyclical optimism. ## SECTORS **Favor:** Technology - XLK up 5.22%, led by AI-related names and easing geopolitical concerns. **Avoid:** Energy - XLE down 3.53% as oil prices fall on Iran ceasefire optimism. ## CATALYST WATCH Events today that could move markets: - 08:30 ET: US Retail Sales for March (expectations positive after February rebound) - 10:00 ET: ISM Manufacturing PMI for March (key for economic momentum) - 14:00 ET: Fed Speakers (watch for comments on inflation and rate outlook) ## BOTTOM LINE **Today's Play:** Selective The dominant theme is risk-on fueled by hopes for an imminent end to the Iran conflict, which is driving broad market rallies, especially in tech and defense. Watch for continued strength in AI-related names like **$NVDA**, **$META**, and **$ARM**, alongside cyclical plays like **$BA**. Energy stocks face headwinds from falling oil prices. The biggest risk remains geopolitical uncertainty if ceasefire talks falter, which could quickly reverse gains. Traders should be selective, focusing on momentum leaders and avoiding names with weak outlooks like **$NKE** and **$RH**.