
## TODAY'S GRADE: C
It was a challenging trading day marked by significant sell-offs in technology stocks and a bearish sentiment across major indices.
## HOW INDEXES TRADED
**SPY:** -1.23% - choppy
**QQQ:** -2.45% - downward trend
**IWM:** -1.78% - downward trend
## BIGGEST MOVERS
### Winners
**$ENSG** +12.5% - strong earnings report and guidance
**$TAT** +8.3% - positive analyst upgrades
**$BARK** +7.2% - rise in subscription growth
### Losers
**$AMZN** -8.0% - disappointing Q4 earnings and high capex guidance
**$QCOM** -10% - dire warning on memory chip shortage affecting outlook
**$TSLA** -5.5% - continued investor concerns over production targets
## WHAT WORKED
Patterns or setups that worked today:
- **Momentum trades** - stocks like **$ENSG** and **$TAT** showed strong upward momentum following positive earnings, providing opportunities for quick trades.
## WHAT FAILED
Setups that didn't work:
- **Reversal trades** - traders expecting a bounce in tech stocks were disappointed as **$AMZN** and **$QCOM** continued their downward trajectory, indicating a stronger bearish trend.
## AFTER-HOURS WATCH
Earnings or news to monitor tonight:
- **$GOOGL** - impact of huge AI spending plans on market perception.
## TOMORROW PREVIEW
**Early Watch:** Focus on **$AAPL**, **$MSFT** for potential recovery opportunities.
**Catalyst:** Key economic indicators and further earnings reports.
**Bias:** bearish into tomorrow, given the current tech sell-off and negative sentiment in the market.
Replies (0)
No replies yet. Be the first to reply!
Please login to reply to this post.