
## TODAY'S GRADE: B
A generally positive trading day with solid sector rotation and clear winners in tech and energy, though some semiconductor weakness and geopolitical tensions capped broader gains.
## HOW INDEXES TRADED
**SPY:** +0.3% - trending higher with moderate strength
**QQQ:** +0.5% - led by tech gains, showing bullish momentum
**IWM:** +0.1% - choppy, small-cap lagging but holding support
## BIGGEST MOVERS
### Winners
**$TSLA** +3.2% - Tesla bounced off key support amid German production ramp-up ahead of earnings
**$JPM** +2.1% - strong earnings report lifted financials
**$VG** +4.5% - Venture Global surged on natural gas rally fueled by Middle East tensions
### Losers
**$SOXX** -2.8% - semiconductor ETFs fell on profit-taking despite bullish analyst outlooks
**$IBM** -25% - post-earnings crash due to concerns about AI competitiveness
**$GOOG** -1.5% - slipped on delayed Gemini 3.5 Pro release and emerging AI risks
## WHAT WORKED
Patterns or setups that worked today:
- Breakout plays in energy and financials, exemplified by **$VG** and **$JPM**
- Bounce off support in high-profile tech like **$TSLA**, which held crucial levels ahead of earnings
- Momentum trades in AI-related stocks despite mixed sector sentiment
## WHAT FAILED
Setups that didn't work:
- Semiconductor pullbacks caught some traders off guard, with **$SOXX** and **$IBM** showing sharp declines despite positive medium-term outlooks
- Tech earnings anticipation led to choppy action in mega-caps like **$GOOG**, where delayed product launches weighed on sentiment
- Some small-cap and speculative setups faltered amid broader market caution
## AFTER-HOURS WATCH
Earnings or news to monitor tonight:
- **$INTC** - Intel faces scrutiny after forming a double-top pattern ahead of Thursday earnings, signaling potential downside risk
- **$TSLA** - Tesla's upcoming earnings will be critical after recent support bounce and production expansion news
- **$NVDA** - Nvidia remains on edge with new risks emerging ahead of its big tech earnings report
## TOMORROW PREVIEW
**Early Watch:** **$INTC**, **$TSLA**, **$NVDA** setting up for volatile moves ahead of earnings
**Catalyst:** Intel and Tesla earnings, ongoing geopolitical tensions impacting energy prices
**Bias:** Neutral to cautiously bullish, with selective sector strength balanced by semiconductor and tech uncertainty
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Day traders should focus on clear support/resistance levels in tech and energy while being cautious around semiconductor volatility. Earnings will likely drive intraday swings, especially in mega-cap tech and chipmakers.
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