Day Trade Cheat Sheet - August 10, 2026 (Morning)

 ## MARKET MOOD: MIXED Overnight markets showed a cautious tone amid mixed earnings reports and geopolitical uncertainties around the Strait of Hormuz. Tech stocks gained on AI optimism, while commodity and mining sectors faced pressure from earnings misses and IPO news. ## TOP 5 HEADLINES 1. Intel plans $15 billion stock offering as AI demand accelerates → Impact: Potential dilution pressure but signals strong AI growth investment. 2. Meta stock climbs on open-source AI model launch; Zuckerberg criticizes AI rivals → Impact: Positive sentiment for **$META** on renewed AI focus and transparency. 3. Barrick Gold falls, Newmont rises as miners agree on IPO → Impact: Sector rotation within gold miners; mixed signals for mining stocks. 4. Apple’s stock could underperform, especially without an ‘all-glass’ iPhone, analyst warns → Impact: Caution around **$AAPL** ahead of product launch. 5. Monday.com falls as software maker’s guidance trumps earnings beat → Impact: Profit-taking in growth software names despite earnings beat. ## PRE-MARKET MOVERS ### Longs (Bullish Catalysts) **$META** - Launch of open-weight AI model and CEO’s positive AI outlook **$INTC** - Raising $15 billion in stock offering to fund AI chip growth **$NVDA** - Data not available but implied AI sector strength **$ORCL** - Analyst confidence in rebound and buying interest **$JPM** - CEO warns on dollar reserve status but remains a key financial player ### Shorts (Bearish Catalysts) **$MCD** - Mixed views on consumer strength amid K-shaped economy debate **$BARRICK** - Shares fall on Q2 earnings miss despite production rise **$MONDAY** - Shares drop on cautious guidance despite earnings beat **$AAPL** - Analyst downgrade ahead of iPhone 18 launch, concerns on innovation **$ACHR** - Complex acquisition deal with Boeing may weigh on near-term focus ## INDEX BIAS **SPY:** NEUTRAL - Earnings mixed with tech strength offset by commodity and retail caution. **QQQ:** BULLISH - AI-driven tech optimism fuels Nasdaq futures and Meta’s gains. **IWM:** BEARISH - Small caps pressured by mixed guidance and sector rotations. ## SECTORS **Favor:** Technology - AI launches and chip investments drive momentum. **Avoid:** Materials/Mining - Earnings misses and IPO uncertainty weigh on sentiment. ## CATALYST WATCH - 08:30 AM ET: US CPI inflation data eyed for market direction. - 10:00 AM ET: Earnings reports from key tech and industrial names. - Throughout day: Geopolitical developments around Strait of Hormuz remain a risk factor. ## BOTTOM LINE **Today's Play:** Selective Markets face a mixed backdrop with AI enthusiasm supporting tech stocks like **$META** and **$INTC**, while caution persists around consumer-facing and commodity sectors. Intel’s large stock offering signals confidence in AI growth but could pressure shares short term. Watch for CPI inflation data and corporate guidance for clues on market direction. The biggest risk remains geopolitical tensions and uneven earnings results, so focus on high-conviction tech plays and avoid overextended or weak guidance names.