Day Trade Cheat Sheet - April 10, 2026 (EOD)

 ## TODAY'S GRADE: B A mostly steady day for traders with modest gains in tech and Nasdaq, but weakness in financials and healthcare capped upside. ## HOW INDEXES TRADED **SPY:** +0.04% - choppy, near flat **QQQ:** +0.25% - mild strength, led by tech rebound **IWM:** -0.05% - slightly lower, small caps lagged ## BIGGEST MOVERS ### Winners **$MRVL** +7.04% - strong AI chip demand and TSMC sales beat fueled enthusiasm **$AVGO** +4.57% - Broadcom surged on partnership with Google and Anthropic AI growth **$APP** +3.05% - notable rally amid AI sector momentum and strong volume ### Losers **$NET** -13.02% - heavy selloff on concerns over private credit exposure and AI competition **$CLIR** -12.78% - steep drop after earnings disappointment and tariff headwinds **$NOW** -7.41% - sharp decline amid AI competition worries and analyst downgrades ## WHAT WORKED Patterns or setups that worked today: - **AI-related chip stocks** showed strong breakout moves, especially Marvell and Broadcom, supported by robust demand and positive earnings outlooks. - **Gap fills and momentum plays** in tech names like AppLovin and CoreWeave capitalized on sector rotation into AI themes. - **Defensive names in industrials** like Caterpillar held up well despite broader market softness, offering reliable support. ## WHAT FAILED Setups that didn't work: - **Software growth stocks** such as ServiceNow and Snowflake failed to hold gains, pressured by AI competition fears and downgrades. - **Financials and healthcare sectors** struggled broadly, with names like AbbVie and Abbott Laboratories falling sharply, indicating sector rotation and risk-off sentiment. - **Small caps and retail** showed weakness, with IWM slightly down and names like Nike hitting 12-year lows, reflecting cautious consumer outlook. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$TSMC** - Q1 revenue beat with 35% growth driven by AI chip demand, key for semiconductor sector sentiment tomorrow. - **$AMZN** - continued focus on AI spend and AWS growth after strong session, watch for further updates. - **$WDFC** - earnings and lowered price target could influence industrials and consumer staples tomorrow. ## TOMORROW PREVIEW **Early Watch:** **$TSMC**, **$MRVL**, **$AMZN**, **$AVGO**, **$NOW** **Catalyst:** US CPI inflation data for March, US-Iran ceasefire talks over the weekend, TSMC Q1 earnings report **Bias:** Neutral to slightly bullish into tomorrow, with AI chip strength offset by inflation concerns and geopolitical uncertainty --- The market treaded water today as traders digested mixed sector performance and awaited key inflation data and geopolitical developments. AI chipmakers led the charge, with Marvell and Broadcom surging on strong demand and partnerships, while software and financials lagged amid competitive and credit worries. The Nasdaq 100's modest gain reflects selective buying in tech, but small caps and defensive sectors showed caution. Tomorrow’s CPI report and TSMC earnings will be critical to set the tone for next week, especially with US-Iran talks adding a geopolitical wildcard. Day traders should focus on high-volume AI-related names and monitor inflation-driven rotation in financials and consumer sectors.