Day Trade Cheat Sheet - July 06, 2026 (EOD)

 ## TODAY'S GRADE: B A mostly positive trading day driven by strong semiconductor and EV sector momentum, though some volatility and sector rotation capped broader gains. ## HOW INDEXES TRADED **SPY:** +0.5% - trending higher with steady buying **QQQ:** +1.2% - led by chipmakers and tech rebounds, showing strength **IWM:** +0.3% - modest gains, less momentum than large caps ## BIGGEST MOVERS ### Winners **$TSM** +3.5% - robust earnings outlook and strong AI demand lifting chip stocks **$RIVN** +7% - better-than-expected EV deliveries and production results **$AVGO** +4% - extended Apple chip supply deal through 2031 fueling optimism ### Losers **$NVDA** -2% - shares slipped on reports of AI server delays despite strong fundamentals **$PLTR** -3% - pullback despite Wall Street upgrade, reflecting profit-taking **$HRTX** -5% - biotech weakness amid regulatory concerns ## WHAT WORKED Patterns or setups that worked today: - Semiconductor rebound plays, especially names tied to AI infrastructure like **$TSM** and **$AVGO** - EV delivery beats triggering strong momentum in **$RIVN** and **$LCID** - Breakouts in select financials with whale alert activity, such as **$SCHW** and **$MS** ## WHAT FAILED Setups that didn't work: - AI hype faded in some high-flyers like **$NVDA** due to supply chain and manufacturing delay worries - Biotech momentum faded quickly amid regulatory and pricing concerns, hurting names like **$HRTX** - Some software and cloud plays struggled despite broader tech strength, showing rotation risk ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$ABBV** - Q2 guidance includes $291M IPR&D expense; watch for biotech sector reaction - **$MS** - Evercore raised price target; earnings preview to gauge financial sector strength - **$STT** - Outperform rating maintained with raised price target; financials in focus ## TOMORROW PREVIEW **Early Watch:** Semiconductor names like **$LRCX**, **$AMD**, and **$MU** setting up for potential continuation; financials including **$BAC** and **$WFC** ahead of earnings **Catalyst:** ISM Services PMI and ADP employment data could influence market tone; ongoing earnings from banks and chipmakers **Bias:** Bullish into tomorrow, supported by strong chip sector momentum and positive EV deliveries, but cautious on AI supply chain concerns and biotech volatility