Day Trade Cheat Sheet - April 02, 2026 (EOD)

 ## TODAY'S GRADE: B A mostly steady day with small gains in major indexes and some strong sector performances, but notable weakness in healthcare and select tech names capped upside. ## HOW INDEXES TRADED **SPY:** +0.08% - choppy with a mild upward bias **QQQ:** +0.02% - very flat, indecisive throughout the session **IWM:** +0.61% - strongest among the majors, showing leadership in small caps ## BIGGEST MOVERS ### Winners **$FC** +43.84% - explosive rally likely driven by strong earnings and positive sentiment **$AIRS** +14.29% - significant jump on Q4 earnings beat and upbeat outlook **$CDLX** +13.00% - surged after reporting inline financials and positive market reaction **$PENG** +12.52% - strong volume and buying interest after a large institutional stake purchase **$BKTI** +10.13% - analyst day and investor enthusiasm lifted shares sharply **$ASTS** +9.75% - rallied on strong volume and positive outlook in satellite communications **$SATS** +8.10% - benefited from strategic spectrum deals and sector tailwinds **$LITE** +7.96% - all-time highs on AI data center demand and new plant opening **$CWST** +6.92% - strong Q4 results and raised guidance fueled gains **$HES** +8.65% - energy sector strength amid soaring oil prices ### Losers **$ANGO** -12.90% - heavy selloff despite earnings beat, possibly profit-taking or sector rotation **$FTLF** -12.31% - sharp decline after earnings miss and revenue shortfall **$LNN** -12.06% - large drop on Q2 earnings miss and revenue disappointment **$AYI** -7.52% - earnings beat but stock sold off, likely due to margin concerns **$RIME** -7.58% - weak earnings call and revenue miss pressured shares **$SNAP** -5.51% - broad tech weakness and profit-taking after recent gains **$WRBY** -5.23% - rollercoaster ride post Q4 earnings, profit-taking evident **$TSLA** -5.21% - delivery miss and tax credit expiration weighed on sentiment **$VRDN** -2.25% - despite positive trial results, shares pulled back **$BMY** -3.45% - biotech selloff amid sector rotation and profit-taking ## WHAT WORKED Patterns or setups that worked today: - **Momentum breakouts** in small caps and energy names like **$FC**, **$BKTI**, and **$HES** showed strong follow-through. - **Post-earnings gap-ups** with volume, especially in niche tech and healthcare like **$AIRS** and **$CDLX**, rewarded quick entries. - **Energy sector strength** amid soaring oil prices provided clear directional trades in ETFs and individual stocks. ## WHAT FAILED Setups that didn't work: - **Earnings beat but sell-the-news** in names like **$ANGO** and **$AYI** showed that positive results alone aren’t enough without strong forward guidance. - **Tech pullbacks** in names like **$SNAP** and **$TSLA** highlighted the risk of chasing momentum without confirming broader market support. - **Healthcare sector weakness** despite some positive data, as seen in **$BMY** and **$VRDN**, suggested caution in biotech and pharma trades. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$BKNG** - recently completed a 25-for-1 stock split, watch for post-split trading dynamics. - **$AAPL** - slight weakness today but remains a key bellwether ahead of upcoming earnings. - **$MSFT** - solid sector leader, recent commentary points to AI as a growth driver. - **$TSLA** - delivery miss still fresh, watch for after-hours reactions or updates. - **$PFE** - healthcare weakness today, any news could impact sentiment. - **$PGY** - large institutional buying noted, monitor for follow-through. ## TOMORROW PREVIEW **Early Watch:** - **$INTC** (+4.54% today) on strong volume and ahead of earnings expectations - **$MTSI** (+3.91%) on AI infrastructure demand - **$NET** (+3.05%) showing strength in cloud/security space - **$RKT** (+3.67%) on improving fundamentals - **$U** (+3.60%) on strong volume and sector tailwinds **Catalyst:** - March jobs report expected Friday, will be a major market mover - Continued geopolitical developments around Iran and oil supply - Earnings from key tech and industrial names in the coming days **Bias:** - Neutral to cautiously bullish into tomorrow, with small caps and energy leading but tech and healthcare mixed. Watch for volatility around geopolitical headlines and economic data. --- Overall, today offered some solid momentum plays especially in small caps and energy, but caution remains warranted in tech and healthcare sectors. Day traders should focus on high-volume breakouts and be wary of earnings beat fade scenarios.