Day Trade Cheat Sheet - July 08, 2026 (EOD)

 ## TODAY'S GRADE: C A choppy day marked by mixed sector performance and geopolitical tensions that weighed on risk appetite, limiting clear directional trades. ## HOW INDEXES TRADED **SPY:** -1.4% - reversal amid geopolitical jitters **QQQ:** data not available **IWM:** data not available ## BIGGEST MOVERS ### Winners **$HON** +X% - Raised FY26 adjusted EPS guidance sharply after reverse stock split, boosting sentiment **$META** +9% - Announced $13B investment in Canadian data center, signaling AI expansion **$PENG** +X% - Strong Q3 earnings and AI growth outlook lifted shares ### Losers **$MU** -X% - Continued sell-off in memory stocks amid AI trade jitters **$SNDS** -X% - Memory stock weakness persisted, dragging shares lower **$TSLA** -7% - Despite record deliveries, stock sank on broader market weakness ## WHAT WORKED Patterns or setups that worked today: - Earnings-driven breakouts in industrials and tech, exemplified by **$HON** and **$META** - Defensive plays in energy and oil-related names amid geopolitical tensions and oil price surge ## WHAT FAILED Setups that didn't work: - Semiconductor momentum trades faltered as AI enthusiasm cooled and memory stocks sold off - Small-cap and growth momentum faded, reflecting risk-off sentiment and uncertain macro backdrop ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$LEIDOS** - $27.2 million missile contract modification could impact defense sector sentiment - **$PENG** - Continued AI growth story to watch after recent strong results ## TOMORROW PREVIEW **Early Watch:** Semiconductor ETFs like **$SOXL**, AI-related tech stocks, and energy names reacting to oil price moves **Catalyst:** Fed minutes release to provide clarity on monetary policy outlook amid inflation concerns; ongoing geopolitical developments in Middle East **Bias:** Neutral to cautious, with potential volatility driven by Fed commentary and geopolitical risk --- Summary: Today’s market was unsettled by renewed US-Iran tensions, which pushed oil prices higher and pressured equities, especially in semiconductors and growth sectors. Honeywell’s strong guidance and Meta’s big data center investment were bright spots, supporting selective industrial and tech names. Traders should prepare for continued volatility around Fed minutes and geopolitical headlines, focusing on earnings catalysts and defensive sectors for potential opportunities.