Day Trade Cheat Sheet - February 25, 2026 (Morning)

 ## MARKET MOOD: RISK-ON Overnight sentiment is upbeat as major indexes show strong gains led by tech and small caps. Optimism around easing AI disruption fears and positive earnings surprises from key names like Adobe and Booking Holdings are driving risk appetite higher. ## TOP 5 HEADLINES 1. David Tepper criticizes Whirlpool for destroying shareholder value → Impact: Potential pressure on Whirlpool shares and sector peers. 2. ISA Energia Brasil beats Q4 EPS and revenue forecasts → Impact: Positive sentiment for energy stocks in Latin America. 3. Aena reports record profit, stock surges 17% → Impact: Strong earnings boost European airport and infrastructure stocks. 4. Iran-US talks show ‘good outlook’ as team heads to Geneva → Impact: Eases geopolitical risk, supporting risk assets. 5. Pitney Bowes plans $200M private notes offering → Impact: Potential dilution or debt concerns for Pitney Bowes. ## PRE-MARKET MOVERS ### Longs (Bullish Catalysts) **$ABCL** - Shares surge 18.22% on strong Q4 results and upbeat outlook **$ADBE** - Up 3.37% after positive earnings and reaffirmed guidance **$BKNG** - Gains 5.53% on strong earnings beat and optimistic commentary **$CIFR** - Rises 14.85% following pivot to AI infrastructure focus **$COIN** - Up 7.07% on crypto market rebound and strong volume **$CAVA** - Jumps 11.46% on double-digit revenue growth and positive outlook ### Shorts (Bearish Catalysts) **$FSLR** - Falls 17.04% after weak 2026 revenue outlook **$WDAY** - Drops 9.19% on disappointing subscription revenue forecast amid AI concerns **$DEO** - Declines 9.79% following dividend cut and weak US spirits demand **$CYD** - Down 12.65% on earnings miss and sector weakness **$YMT** - Plunges 21.84% on major strategic pivot uncertainty **$SABR** - Falls 7.82% despite strong 2025 growth, Q4 headwinds persist ## INDEX BIAS **SPY:** BULLISH - Strong 1.11% gain led by tech and financials, supported by easing geopolitical tensions. **QQQ:** BULLISH - Outperforming with 1.57% rise, fueled by AI-related earnings and sector rotation. **IWM:** BULLISH - Small caps lead with 1.86% gain, reflecting broad market risk appetite and growth optimism. ## SECTORS **Favor:** Technology - XLK up 1.99% on robust earnings from Adobe, IBM, and chipmakers. **Avoid:** Consumer Staples/Healthcare - XLV down 0.40% amid dividend cuts and cautious outlooks in spirits and pharma. ## CATALYST WATCH Events today that could move markets: - 8:30 AM ET: US Durable Goods Orders (Jan) - 10:00 AM ET: Pending Home Sales (Jan) - After Market Close: Nvidia (NVDA) Q4 Earnings ## BOTTOM LINE **Today's Play:** Selective The dominant theme is risk-on fueled by strong earnings and easing geopolitical concerns, especially around US-Iran talks. Tech and small caps offer the best opportunities, with AI-related names like **$ADBE**, **$COIN**, and **$CIFR** leading gains. Watch for volatility around Nvidia earnings after the close, which could reset AI sentiment. Biggest risk remains earnings misses and guidance cuts in cyclical and consumer staples sectors, exemplified by **$FSLR** and **$DEO**. Traders should focus on high-conviction tech longs while avoiding beaten-down names with weak outlooks.