Day Trade Cheat Sheet - July 15, 2026 (EOD)

 ## TODAY'S GRADE: B A mostly positive trading day driven by strong earnings and takeover rumors, though some tech and AI hardware stocks faltered late. ## HOW INDEXES TRADED **SPY:** +0.3% - trending higher with solid breadth **QQQ:** +0.1% - choppy, weighed down by semiconductor weakness **IWM:** +0.5% - outperformed with small-cap strength ## BIGGEST MOVERS ### Winners **$PYPL** +17% - surged on $53 billion takeover bid from Stripe and Advent International **$ASML** +5% - strong Q2 earnings beat and raised guidance on AI chip demand **$MANE** +9% - rallied on positive phase 2 hair loss drug trial results and price target upgrades ### Losers **$IBM** -25% - plunged after profit warning and cautious AI market outlook **$DELL** -14% - part of broader AI hardware selloff amid profit concerns **$SNDK** - data not available, but noted as down amid memory chip sector weakness ## WHAT WORKED Patterns or setups that worked today: - Earnings gap and go plays: **$PYPL** and **$ASML** showed strong follow-through after earnings and takeover news. - Biotech breakout: **$MANE** rallied sharply on clinical trial news, rewarding momentum traders. - Small-cap strength: **IWM** outperformance highlighted opportunities in regional and financial stocks with dividend raises and earnings beats. ## WHAT FAILED Setups that didn't work: - AI hardware longs: Stocks like **$IBM** and **$DELL** suffered sharp reversals despite the broader AI theme, showing risk in overextended names without strong guidance. - Semiconductor chip stocks: Despite ASML strength, memory chip names faced selling pressure, indicating sector rotation and caution on supply concerns. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$NFLX** - upcoming earnings report with focus on subscriber growth and content strategy amid recent stock weakness. - **$MSFT** - analyst price target cuts after recent flaccid performance, watch for any guidance updates. - **$SOFI** - earnings due July 29, with recent bullish analyst commentary supporting the name. ## TOMORROW PREVIEW **Early Watch:** **$NFLX**, **$MSFT**, **$SOFI** setting up for volatile moves on earnings and analyst reactions **Catalyst:** Key earnings reports, ongoing geopolitical tensions impacting oil prices, and inflation data follow-up **Bias:** Neutral to cautiously bullish, with selective sector strength but tech volatility likely to persist into tomorrow.