Day Trade Cheat Sheet - August 03, 2026 (EOD)

 ## TODAY'S GRADE: A A strong trading day driven by robust earnings beats and renewed optimism around AI and tech, with clear leadership from key growth names. ## HOW INDEXES TRADED **SPY:** +1.32% - trending higher with broad market participation **QQQ:** data not available **IWM:** data not available ## BIGGEST MOVERS ### Winners **$BLZE** +18.7% - After-hours surge on strong Q2 earnings and AI-driven B2B growth **$PLTR** + significant after-hours gains - Q2 earnings beat with U.S. commercial revenue soaring nearly 150%, boosted by AI demand and raised revenue forecast **$AMZN** + notable gains - Surpassed $3 trillion market cap post-earnings, driven by strong AI cloud growth and upbeat guidance ### Losers **$META** data not available but noted for mixed earnings reaction and stock slide after earnings **$SI-BONE** data not available but shares fell after earnings despite beating estimates **$SPOR** data not available but shares tumbled 13% on earnings miss and weak guidance ## WHAT WORKED Patterns or setups that worked today: - Earnings beat plays in AI and tech sectors - **$PLTR**, **$BLZE**, and **$AMZN** all showed strong post-earnings rallies, confirming the power of fundamental catalysts in driving momentum. - After-hours earnings momentum - Traders capitalized on strong after-hours moves, especially in AI-related names, setting up favorable entries for the next day. ## WHAT FAILED Setups that didn't work: - Semiconductor weakness - Despite some strong earnings, chip stocks broadly struggled amid fears of increased competition from China, causing choppiness and failed breakout attempts. - Defensive and cyclical sectors - Some industrials and traditional sectors failed to follow through despite positive earnings, reflecting rotation into growth and AI themes. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$SPCX (SpaceX)** - First-ever earnings report expected, with market closely watching revenue, profitability, and AI spending impact. Cathie Wood's Ark Invest recently increased exposure ahead of this report. - **$ICHR (Ichor Holdings)** - Q2 earnings call transcript released; watch for margin and guidance updates amid semiconductor sector volatility. - **$MATX (Matson)** - Q2 earnings transcript available; strength in China demand noted, important for transport and logistics plays. ## TOMORROW PREVIEW **Early Watch:** - **$SPCX** - Key focus on first earnings and valuation justification - **$AMD** - Q2 earnings expected amid chip sector volatility - **$TSLA** - Earnings due soon, with AI and robotaxi progress under scrutiny **Catalyst:** - Earnings from major tech and semiconductor names, plus economic data including JOLTs job openings, which could influence Fed expectations and market tone. **Bias:** - Bullish into tomorrow, supported by strong AI-driven earnings momentum and easing geopolitical tensions, but cautious on chip stocks due to competitive pressures and mixed sector signals.