Day Trade Cheat Sheet - July 27, 2026 (Morning)

 ## MARKET MOOD: RISK-ON U.S. stock futures are higher as the U.S.-Iran conflict pauses, easing geopolitical tensions and pushing oil prices lower. This truce has lifted risk appetite, supporting gains in major indexes ahead of a busy earnings week. ## TOP 5 HEADLINES 1. U.S. and Iran pause fighting; earnings parade this week → Impact: Boosts risk sentiment and equity markets ahead of key earnings. 2. Rocket Lab secures largest Pentagon launch contract → Impact: Positive catalyst for **$RKLB**, likely to drive shares higher. 3. Nvidia-backed Nebius seen as overlooked AI winner → Impact: Bullish for AI-related stocks including **$NVDA** and partners. 4. Cantor Fitzgerald cuts Qualcomm price target on earnings outlook → Impact: Bearish pressure on **$QCOM** shares. 5. Ford and General Motors upgraded by analysts on 2027 outlook → Impact: Supports auto sector, bullish for **$F** and **$GM**. ## PRE-MARKET MOVERS ### Longs (Bullish Catalysts) **$RKLB** - Pentagon contract win boosts growth outlook **$NVDA** - AI demand and Nvidia partnership with Nebius spotlight **$F** - Analyst upgrades on production and demand outlook **$GM** - Upgrades highlight improving 2027 prospects **$META** - Expected strong AI-related earnings this week **$AMZN** - Anticipated earnings boost and AI capex focus ### Shorts (Bearish Catalysts) **$QCOM** - Price target cut on earnings concerns **$DOV** - Downgrade citing limited upside despite solid execution **$CLS** - Data not available, but implied caution from sector trends **$CNC** - Earnings miss and revenue shortfall pressure shares **$ORCL** - Stock plunged to 52-week low, caution advised ## INDEX BIAS **SPY:** BULLISH - Geopolitical easing and lower oil prices support broad market gains. **QQQ:** NEUTRAL - Mixed signals from AI capex spending and some tech earnings concerns. **IWM:** BULLISH - Small caps benefit from risk-on sentiment and analyst upgrades in autos. ## SECTORS **Favor:** Technology - AI-related stocks like **$NVDA**, **$META**, and **$AMZN** remain in focus with strong earnings expectations and partnerships. **Avoid:** Energy - Oil prices dropped over 5% after U.S.-Iran truce, pressuring energy stocks. ## CATALYST WATCH - 08:30 AM ET: US Core Capital Goods Orders for June (strong increase expected) - 09:30 AM ET: Earnings from **$META**, **$AMZN**, **$GOOG** expected this week - 02:00 PM ET: Fed meeting outcome (likely steady rates but watch for guidance) ## BOTTOM LINE **Today's Play:** Selective The market is digesting a positive geopolitical development that has sparked a risk-on mood, especially benefiting tech and autos. AI remains the dominant theme, with Nvidia and its partners in the spotlight. Watch for mixed signals from tech earnings and cautious sentiment around chipmakers like Qualcomm. Energy stocks face headwinds from falling oil prices. Traders should focus on high-conviction AI and auto plays while managing risk around tech capex concerns and geopolitical uncertainties.