Day Trade Cheat Sheet - August 08, 2026 (EOD)

 ## TODAY'S GRADE: B A mostly positive day for day traders with clear sector rotation signals and strong moves in industrials and AI-related stocks, though some setups failed amid mixed earnings reactions. ## HOW INDEXES TRADED **SPY:** +0.4% - trending higher with defensive rotation **QQQ:** +0.6% - steady strength led by AI and tech-related names **IWM:** +0.3% - moderate gains supported by industrials and small caps ## BIGGEST MOVERS ### Winners **$UBER** +5.2% - analyst upgrades and autonomous delivery expansion post-earnings **$OKLO** +14% - strong Q2 earnings report and positive outlook in nuclear energy **$AVGO** +3.8% - AI chip boom coupled with software security initiatives ### Losers **$UAA** -4.5% - revenue miss and weak sales outlook despite EPS beat **$ULBI** -6.7% - Q2 EPS and sales missed estimates, dragging shares lower **$SNAP** -3.2% - CTO selling 5 million shares raised concerns ## WHAT WORKED Patterns or setups that worked today: - Whale activity in industrial stocks like **$ETN** and **$RKLB** provided actionable momentum plays. - Rotation into defensive ETFs such as **$XLP** and **$XLU** offered reliable pullback entries amid broader market caution. - AI-related chip and data center stocks (**$AMD**, **$NVDA**, **$AVGO**) continued to trend well on strong sector sentiment. ## WHAT FAILED Setups that didn't work: - Earnings beat but revenue miss setups, exemplified by **$UAA**, failed as the market focused on growth concerns. - Insider selling in tech names like **$SNAP** dampened momentum despite positive fundamentals. - Some high-beta AI names showed choppy price action, indicating profit-taking after recent rallies. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$OFRM** - JP Morgan raised price target and maintained overweight, watch for reaction. - **$COST** - BofA flagged extreme bullishness; defensive rotation could continue. - **$DEO** - Analyst/Investor day transcript may provide insights on consumer staples resilience. ## TOMORROW PREVIEW **Early Watch:** **$AMD**, **$MSFT**, **$PLTR** for continuation in AI momentum; **$WMT**, **$PG** for defensive plays. **Catalyst:** Key economic data releases and ongoing earnings from industrial and consumer staples sectors. **Bias:** Neutral to slightly bullish as rotation into defensives balances AI-driven tech strength.