Day Trade Cheat Sheet - April 11, 2026 (EOD)

 ## TODAY'S GRADE: B A mixed day with choppy action in large caps but strong sector and individual stock performances in AI and semiconductor-related names provided good trading opportunities. ## HOW INDEXES TRADED **SPY:** -0.07% - choppy, sideways with a slight downward bias **QQQ:** +0.38% - steady uptrend, led by tech and AI-related strength **IWM:** -0.25% - weak, small caps lagged amid sector rotation ## BIGGEST MOVERS ### Winners **$AAOI** +14.02% - AI-driven chip demand surge sparked buying **$ALAB** +14.98% - strong growth outlook in semiconductor space **$OGN** +30.39% - merger speculation fueled a sharp rally **$CRWV** +11.86% - secured billion-dollar AI deals, strong volume **$MRVL** +7.23% - semiconductor strength and AI collaboration news **$NBIS** +6.58% - AI expansion plans drove a big jump **$OKLO** +5.68% - positive momentum following analyst attention **$AVGO** +4.69% - broad chip sector rally on AI optimism **$BE** +4.60% - CFO appointment and earnings prep lifted shares **$HUT** +4.45% - AI-related boost in crypto mining sector ### Losers **$AKAM** -16.70% - cybersecurity concerns linked to Anthropic AI fears **$HUBS** -6.85% - investor concerns on AI adoption pace and guidance **$IDXX** -4.53% - profit-taking after recent run-up **$NOW** -7.37% - software sell-off amid AI hardware rotation **$CDNS** -5.04% - dragged down by software ETF weakness **$PATH** -5.45% - broad software sector pressure **$NABL** -6.65% - despite AI alliance, profit-taking weighed **$RMNI** -4.19% - partnership news failed to sustain gains **$FRSH** -4.28% - AI adoption concerns and sector rotation **$YEXT** -2.91% - software sector weakness ## WHAT WORKED Patterns or setups that worked today: - **AI and Semiconductor Breakouts** - Names like **$AAOI**, **$ALAB**, and **$MRVL** showed strong momentum on volume after positive news and analyst upgrades. - **Merger/Speculation Plays** - **$OGN** surged sharply on merger buzz, rewarding traders who caught the early move. - **High-Volume Reversals** - Several AI-related small caps like **$CRWV** and **$NBIS** rallied strongly after base breakouts. ## WHAT FAILED Setups that didn't work: - **Software Names in AI Rotation** - Stocks like **$NOW**, **$HUBS**, and **$CDNS** failed to hold early gains as money rotated out of software ETFs into hardware and chip plays. - **Banking and Cybersecurity Plays** - Despite headlines, **$AKAM** plunged on concerns about Anthropic AI exposing vulnerabilities, showing risk in the space. - **Small Cap Weakness** - The Russell 2000 lagged, and many small caps without strong catalysts sold off, highlighting the bifurcation in market leadership. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **data not available** ## TOMORROW PREVIEW **Early Watch:** - Semiconductor and AI-related names remain in focus, especially **$MRVL**, **$AVGO**, and **$AAOI** for continuation plays. - Watch for potential rebounds in beaten-down software stocks like **$NOW** and **$HUBS** if sentiment stabilizes. - Keep an eye on **$OGN** for follow-through on merger speculation. **Catalyst:** - Continued market reaction to AI hardware vs. software rotation. - Monitoring geopolitical developments around U.S.-Iran talks and their impact on energy and risk sentiment. - Earnings season continues with major banks and tech names reporting soon, which could set the tone. **Bias:** - Neutral to slightly bullish into tomorrow, led by tech and AI strength offsetting weakness in financials and small caps.