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

 ## TODAY'S GRADE: D A challenging day for day traders as major indexes declined sharply amid geopolitical tensions and surging oil prices, leading to widespread selling pressure and limited clear setups. ## HOW INDEXES TRADED **SPY:** -1.31% - trending lower with steady selling **QQQ:** -1.66% - broad tech weakness, steady downtrend **IWM:** -2.29% - weakest among majors, small caps hit hard ## BIGGEST MOVERS ### Winners **$BA** +3.75% - strong rebound on defense sector strength amid Middle East tensions **$BP** +3.10% - oil price surge boosts energy stocks **$KR** +3.63% - positive consumer news and solid volume ### Losers **$INTC** -5.68% - semiconductor sector weakness and broad tech selloff **$HOOD** -5.06% - ongoing volatility in retail brokerage stocks **$NNE** -7.78% - sharp decline on sector-specific headwinds and profit-taking ## WHAT WORKED Patterns or setups that worked today: - Energy sector longs benefited from the oil price spike above $100, especially names like **$BP** and **$XOM** showing resilience. - Defense-related stocks such as **$BA** rallied sharply, offering strong momentum plays. - Select consumer staples like **$KR** showed strength on positive news, providing safer long opportunities. ## WHAT FAILED Setups that didn't work: - Tech momentum trades largely failed as **$QQQ** and major tech names like **$INTC**, **$META**, and **$NVDA** saw broad selling pressure. - Small cap bounce attempts were weak; **$IWM** led losses, indicating risk-off sentiment. - Breakout attempts in retail and discretionary sectors were quickly reversed amid market uncertainty. ## AFTER-HOURS WATCH Earnings or news to monitor tonight: - **$IBG** - surged +24.65% today on merger news; watch for any follow-up developments. - **$PRME** - +2.80% on strong cash runway; potential catalyst from biotech sector. - **$CRCT** - reported Q4 earnings with mixed results; monitor for after-hours reaction. ## TOMORROW PREVIEW **Early Watch:** Energy names like **$XOM**, **$COP** for continuation plays; defense stocks such as **$LMT**; tech names for potential oversold bounces including **$ADBE** and **$MSFT**. **Catalyst:** Continued geopolitical developments in the Middle East, oil price movements, and upcoming economic data releases. Watch for any Fed commentary or inflation data that could influence market direction. **Bias:** Bearish to neutral into tomorrow as uncertainty persists and risk appetite remains subdued. Traders should exercise caution and look for clear reversal signals before committing.