Daily Pulse

Wednesday, September 2, 2026 · measured after the close · a past session — jump to the latest

Market regime: Risk-Off · universe tone 35% bullish / 46% bearish

XLE LeadingXLF LeadingXLC LeadingXLV WeakeningXLK ImprovingXLP LaggingXLY LaggingXLI Lagging

Signal events

New hedge idea — Long DELL / Short ENPH

Technology · Δ61 · both legs fresh

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New hedge idea — Long DELL / Short CIEN

Technology · Δ61 · both legs fresh

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10 pairs left Hedge Ideas

mostly leader faded ? — MSFT/TXN, MSFT/KLAC, MSFT/ADI, MSFT/MCHP, SNOW/CIEN, MSFT/COHR… · worth a review if you took one (tested exit: a 3-day Narrowing run)

RDDT weakness run ended

Pressure lifting

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CL weakness run ended

Pressure lifting

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GEV weakness run ended

Pressure lifting

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DELL — confirmed strength

Alpha 72, still building · Technology

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NET — confirmed weakness

Alpha 26, still bleeding · avoid / underweight

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STZ — confirmed weakness

Alpha 21, still bleeding · avoid / underweight

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WDC weakness run ended

Pressure lifting

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Hedge ideas on the board

Long DELL / Short ENPH Technology · Δ61 · Widening↗

Long DELL / Short CIEN Technology · Δ61 · Widening↗

Long WFC / Short GS Financials · Δ58 · Widening↗

Long MSFT / Short CIEN Technology · Δ57 · Widening↗

Long MSFT / Short ENPH Technology · Δ57 · Widening↗

Long PG / Short COST Cons Staples · Δ57 · Widening↗

Leaders & laggards by Alpha

90DEDeere↗ 85PFEPfizer↗ 84COPConocoPhillips↗ 85LNGCheniere Energy↗ 84SPOTSpotify↗

10CCLCarnival↗ 12CIENCiena↗ 11ENPHEnphase Energy↗ 13HONHoneywell↗ 13RCLRoyal Caribbean↗

← 2026-09-012026-09-03 →

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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