Day Trade Cheat Sheet - February 03, 2026 (EOD)

 ## TODAY'S GRADE: C Today was a challenging trading day, with major indexes falling amid a tech sell-off and weak earnings from key players. ## HOW INDEXES TRADED **SPY:** -1.2% - choppy **QQQ:** -1.4% - bearish **IWM:** -0.9% - choppy ## BIGGEST MOVERS ### Winners **$SMCI** +10% - raised revenue forecast amid strong demand for servers. **$AMD** +5% - beat earnings estimates, but shares still faced selling pressure. **$TGT** +4% - positive outlook on consumer staples amidst tech sector weakness. ### Losers **$PYPL** -20% - disappointing earnings and new CEO announcement led to significant sell-off. **$MSFT** -5% - despite reporting strong earnings, fears of AI competition negatively impacted sentiment. **$AAPL** -3% - concerns over iPhone sales growth amid competitive pressures. ## WHAT WORKED Patterns or setups that worked today: - **Reversal setups** - Stocks like **$SMCI** and **$AMD** demonstrated strong reversals after initial sell-offs, allowing traders to capitalize on rebounds. ## WHAT FAILED Setups that didn't work: - **Breakouts** - Many tech stocks, including **$MSFT** and **$AAPL**, failed to maintain upward momentum post-earnings, resulting in false breakouts and subsequent losses. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$NFLX** - expected to provide guidance that could influence market sentiment around tech stocks. ## TOMORROW PREVIEW **Early Watch:** **$AMZN**, **$GOOGL**, and **$NFLX** as they report earnings. **Catalyst:** Focus on guidance from major tech firms and any implications from the Fed's latest commentary. **Bias:** bearish into tomorrow as traders digest today's disappointing earnings and broader market concerns.