Day Trade Cheat Sheet - April 05, 2026 (EOD)

 ## TODAY'S GRADE: B A mostly steady trading day with modest gains in small caps and tech, but mixed sector performance and some notable individual stock weakness capped upside. ## HOW INDEXES TRADED **SPY:** +0.09% - choppy, modest gains near session highs **QQQ:** +0.08% - steady with slight upward bias, led by tech strength **IWM:** +0.69% - strongest performer, showing clear bullish momentum ## BIGGEST MOVERS ### Winners **$INTC** +4.62% - strong rebound on heavy volume, signaling renewed investor interest **$TALO** +4.82% - insider selling news failed to dampen enthusiasm, possibly due to energy sector tailwinds **$DPZ** +2.57% - solid gains likely driven by positive consumer sentiment and earnings momentum ### Losers **$SNAP** -4.69% - heavy volume selloff, likely on profit-taking after recent run and broader tech caution **$ARM** -3.99% - profit-taking or sector rotation weighed on chip designer despite solid fundamentals **$GE** -3.79% - weakness amid broader industrials pressure and profit-taking ## WHAT WORKED Patterns or setups that worked today: - Small cap breakouts: **IWM** led with a clean range expansion and follow-through, rewarding long-biased traders. - Tech dip-buying: **INTC** and **MSFT** showed strong recovery off morning lows, confirming support zones. - Energy plays: Despite some volatility, **TALO** and **XLE** gains reflected the ongoing geopolitical risk premium in oil. ## WHAT FAILED Setups that didn't work: - Momentum fade in high-flying tech: **SNAP** and **ARM** failed to hold early strength, highlighting risk in stretched names. - Defensive healthcare: **XLV** declined despite broader market gains, showing lack of safe-haven demand. - Gold longs: **GLD** dropped nearly 2%, failing to act as a hedge amid geopolitical tensions and rising oil prices. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **Nexgel** - reported earnings missed by $0.09 with revenue below estimates, watch for after-hours reaction. - **IQVIA** - launched new AI platform with Nvidia partnership, could drive interest in healthcare tech tomorrow. - **United Rentals (URI)** - unveiled AI-powered digital assistant, a potential catalyst for industrials sector. ## TOMORROW PREVIEW **Early Watch:** **INTC**, **TALO**, **DPZ**, **IQV**, **URI** **Catalyst:** Continued geopolitical developments around Iran and oil supply, Nexgel earnings reaction, AI-related product launches **Bias:** Neutral to cautiously bullish, with small caps and tech showing leadership but geopolitical risks keeping a lid on broad gains