Day Trade Cheat Sheet - March 07, 2026 (EOD)

 ## TODAY'S GRADE: D A difficult trading day marked by broad weakness across major indexes and sectors, driven by geopolitical tensions and a sharp energy price spike, limiting clear trading opportunities. ## HOW INDEXES TRADED **SPY:** -1.31% - trending lower with steady selling pressure **QQQ:** -1.66% - tech-heavy index showed notable weakness and choppiness **IWM:** -2.29% - small caps led the downside, reflecting risk-off sentiment ## BIGGEST MOVERS ### Winners **$MRVL** +15.59% - strong rebound after recent tech selloff, possibly fueled by analyst upgrades and AI-related optimism **$BA** +3.75% - defense sector strength amid Middle East tensions boosted Boeing shares **$NOW** +3.20% - solid tech earnings and defensive cloud software demand supported gains ### Losers **$TER** -10.94% - steep decline likely tied to earnings disappointment or sector rotation away from industrials **$BLK** -7.68% - broad financial sector weakness amid risk aversion and geopolitical uncertainty **$DK** -6.23% - energy-related selloff despite rising oil prices, possibly due to company-specific concerns ## WHAT WORKED Patterns or setups that worked today: - **Rebound plays in beaten-down tech** - exemplified by **$MRVL**’s sharp bounce after a deep pullback - **Defense and energy-related strength** - **$BA** and energy ETFs like **$XLE** held up or gained amid geopolitical tensions and surging oil prices - **Momentum continuation in select cloud software names** - **$NOW** and **$PLTR** showed resilience and follow-through on positive catalysts ## WHAT FAILED Setups that didn't work: - **Broad tech long plays** - heavy selling in mega caps like **$AMD**, **$NVDA**, and **$AAPL** showed that chasing tech strength was risky today - **Financials rebound attempts** - despite some pockets of strength, most financials including **$BAC**, **$C**, and **$BLK** fell sharply, failing to hold support - **Small cap strength** - the Russell 2000 underperformed significantly, indicating risk aversion and failed breakouts in this segment ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$HPE** - upcoming earnings next week could provide tech sector guidance after today’s mixed results - **$ADBE** - slight gains today despite tech weakness; watch for any updates or guidance in after-hours - **$PLTR** - geopolitical-driven rally may continue if positive news emerges ## TOMORROW PREVIEW **Early Watch:** **$MRVL**, **$BA**, **$NOW**, **$PLTR** for continuation of momentum; cautious on tech mega caps like **$AMD** and **$NVDA** **Catalyst:** Continued geopolitical developments in the Middle East, oil price action, and upcoming tech earnings will drive market sentiment **Bias:** Bearish to neutral, with risk-off tone likely to persist until clarity on geopolitical risks and inflation pressures emerges --- Overall, the day favored defensive and select rebound plays while broad market and tech exposure suffered. Traders should remain cautious and focus on high-conviction setups amid ongoing uncertainty.