Day Trade Cheat Sheet - July 24, 2026 (EOD)

 ## TODAY'S GRADE: C A mixed day for day traders as energy stocks surged on oil topping $100 amid Middle East tensions, but tech stocks, especially those with heavy AI spending, faltered, creating a challenging environment for consistent gains. ## HOW INDEXES TRADED **SPY:** +0.6% - trending higher on easing Middle East tensions and oil pullback **QQQ:** data not available **IWM:** data not available ## BIGGEST MOVERS ### Winners **$BAC** +X% - Bank of America hit a new high, boosted by dividend hike and strong earnings **$SLB** +X% - Earnings beat and rising oil prices supported shares **$RNG** +X% - Raised price target by Mizuho amid strong free cash flow growth ### Losers **$TSLA** -19% - Worst weekly drop since March 2020 despite record Q2 revenue, profit miss weighed heavily **$GOOGL** -X% - AI spending concerns spooked investors after earnings, cloud revenue growth slowed **$INTC** -20% - $90 billion rally erased on AI spending worries and server share losses ## WHAT WORKED Patterns or setups that worked today: - Energy sector momentum trades - crude oil topping $100 drove strong rallies in oil and energy stocks like **$COP**, **$CVX**, and **$EOG**. - Dividend growth plays - **$BAC** and other financials with dividend hikes showed resilience and strong follow-through. ## WHAT FAILED Setups that didn't work: - AI-related tech longs - heavy capex and spending concerns in **$GOOGL**, **$META**, and **$TSLA** led to sharp sell-offs, invalidating many momentum setups. - Leveraged semiconductor ETFs - ETFs like **SOXL** and **SOXQ** crashed over 20% as chip stocks plunged on Intel's reversal and AI spending fears. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$AMZN** - CapEx outlook and AI infrastructure spending update ahead of July 30 earnings could set the tone for tech sector sentiment. - **$META** - Watch for further details on AI budget and debt financing impact after recent $145 billion AI spending announcement. - **$STM** - Mizuho maintains outperform rating with lowered price target; earnings reaction could influence chip sector. ## TOMORROW PREVIEW **Early Watch:** Energy names like **$SLB**, **$COP** for continuation; tech stocks including **$AMZN** and **$META** for volatility around AI spending updates. **Catalyst:** Key economic data on durable goods orders and Fed meeting minutes could influence market direction. **Bias:** Neutral to cautious as oil volatility and AI spending concerns create mixed signals for equities.