Daily Pulse

Thursday, August 20, 2026 · measured after the close · a past session — jump to the latest

Market regime: Mixed · universe tone 48% bullish / 40% bearish

XLE LeadingXLV LeadingXLF WeakeningXLP WeakeningXLK ImprovingXLC ImprovingXLY LaggingXLI Lagging

Signal events

Market regime shifted: Constructive → Mixed

Tide change — tailwinds and headwinds just moved

New hedge idea — Long MRVL / Short INTC

Technology · Δ70 · both legs fresh

New hedge idea — Long GM / Short CCL

Cons Discretionary · Δ62 · both legs fresh

MRVL / COHR left Hedge Ideas

gap narrowed ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

FDX / GEV left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

BBY / CCL left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

FDX / HON left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

AAPL / COHR left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

AAPL / AVGO left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

BBY / MCD left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

Hedge ideas on the board

Long MRVL / Short AVGO Technology · Δ71 · Widening↗

Long MRVL / Short INTC Technology · Δ70 · Widening↗

Long GM / Short CCL Cons Discretionary · Δ62 · Widening↗

Long SMCI / Short AVGO Technology · Δ61 · Widening↗

Long SMCI / Short INTC Technology · Δ60 · Widening↗

Long GM / Short NKE Cons Discretionary · Δ58 · Widening↗

Leaders & laggards by Alpha

91TMOThermo Fisher↗ 90PYPLPayPal↗ 90COPConocoPhillips↗ 91KOCoca-Cola↗ 89SPOTSpotify↗

13AVGOBroadcom↗ 14INTCIntel↗ 15UNHUnitedHealth↗ 14METAMeta Platforms↗ 15LUVSouthwest Airlines↗

← 2026-08-192026-08-21 →

Back to the trading desk

Analytical tools and historical measurements for educational and informational purposes only — not investment advice or a recommendation. Past behavior, including backtested results, does not guarantee future outcomes. · Operator's Manual · Are you an AI? · © 2026 TradeMath