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

 ## MARKET MOOD: RISK-ON Markets are rallying on hopes of a nearing end to the Iran conflict, which has eased geopolitical risk premiums. Tech and growth stocks lead gains amid optimism around AI and strong earnings reports. ## TOP 5 HEADLINES 1. Oil plunges 10% as Trump warns Iran over Hormuz → Impact: Relieves inflation fears, pressuring energy prices and benefiting broader equity markets. 2. NIO turns first profit on record sales, strong margins → Impact: Boosts EV sector sentiment and supports auto-related stocks. 3. Hewlett Packard Enterprise raises fiscal 2026 EPS outlook → Impact: Positive catalyst for tech hardware and enterprise IT stocks. 4. Apple boosts iPhone production in India by 53% → Impact: Strengthens supply chain diversification narrative, supporting **$AAPL**. 5. Bill Ackman files for IPO of Pershing Square hedge fund → Impact: Highlights renewed investor interest in activist and alternative investment vehicles. ## PRE-MARKET MOVERS ### Longs (Bullish Catalysts) **$AAOI** - Strong Q4 earnings report, shares +17.7% **$AMAT** - Up 4.39% on analyst initiation and AI-related demand **$ASML** - Shares +6.27% on robust semiconductor equipment demand **$DNTH** - Positive interim trial results, shares +19.56% **$FSLY** - Shares +8.99% on AI growth optimism **$VRTX** - Analyst upgrades and price target raised to $641, shares +7.29% ### Shorts (Bearish Catalysts) **$CHTR** - Shares down 4.41% after weak guidance **$CRSP** - Shares down 4.42% post earnings miss **$ENR** - Shares down 4.45% amid analyst concerns post earnings **$MTN** - Shares down 5.24% on cautious 2026 outlook **$T** - Shares down 4.19% on sector pressure and weak outlook **$YALA** - Shares down 2.79% despite strong margins, revenue dip concerns ## INDEX BIAS **SPY:** BULLISH - Up 0.72% with broad market relief from easing geopolitical tensions and strong tech earnings. **QQQ:** BULLISH - Led by tech gains (+1.3%), fueled by AI optimism and strong semiconductor stocks. **IWM:** NEUTRAL - Small-cap gains (+0.55%) are positive but less pronounced, reflecting cautious risk appetite. ## SECTORS **Favor:** Technology - Strong earnings, AI-driven demand, and supply chain diversification support. **Avoid:** Energy - Oil prices retreat sharply (-1.47%), pressuring energy stocks amid geopolitical uncertainty. ## CATALYST WATCH Events today that could move markets: - After Market Close: Multiple earnings including **$ASM**, **$AMC**, **$AVAV**, **$BLND**, **$BNTX**, **$NIO** (notably with a strong beat), and **$KSS**. - Economic Data: No major scheduled releases, focus remains on geopolitical developments and earnings. ## BOTTOM LINE **Today's Play:** Selective The dominant theme is easing geopolitical risk driving a risk-on rally, especially in tech and AI-related names. Semiconductor and EV stocks offer strong opportunities, supported by earnings beats and upgrades. Energy stocks face pressure from falling oil prices despite ongoing Middle East tensions. Watch for earnings surprises in retail and biotech after market close, which could set the tone for tomorrow. The biggest risk remains renewed geopolitical flare-ups or disappointing guidance from key earnings names.