Daily Pulse

Thursday, September 3, 2026 · measured after the close · a past session: jump to the latest

Market regime: Cautious · universe tone 37% bullish / 47% bearish

XLE LeadingXLF LeadingXLV LeadingXLC LeadingXLP LeadingXLY LaggingXLK LaggingXLI Lagging

Signal events

Market regime shifted: Risk-Off → Cautious

Tide change — tailwinds and headwinds just moved

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New hedge idea — Long NVDA / Short COHR

Technology · Δ62 · both legs fresh

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New hedge idea — Long PG / Short HSY

Cons Staples · Δ62 · both legs fresh

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7 pairs left Hedge Ideas

mostly leader stretched ?, DELL/ENPH, DELL/CIEN, MSFT/CIEN, V/AXP, PG/WMT, SBUX/LOW… · worth a review if you took one (tested exit: a 3-day Narrowing run)

TSM — confirmed weakness

Alpha 30, still bleeding · avoid / underweight

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COIN — confirmed strength

Alpha 75, still building · Financials

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NET weakness run ended

Pressure lifting

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BMY — confirmed strength

Alpha 80, still building · Health Care

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HIMS — confirmed weakness

Alpha 17, still bleeding · avoid / underweight

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BBY — confirmed strength

Alpha 80, still building · Cons Discretionary

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Hedge ideas on the board · ideas, not desk trades

Long MSFT / Short COHR Technology · Δ66 · Widening · pair page↗

Long MSFT / Short ENPH Technology · Δ63 · Widening · pair page↗

Long NVDA / Short COHR Technology · Δ62 · Widening · pair page↗

Long PG / Short HSY Cons Staples · Δ62 · Widening · pair page↗

Long NVDA / Short ARM Technology · Δ59 · Widening · pair page↗

Long KO / Short HSY Cons Staples · Δ58 · Widening · pair page↗

Leaders & laggards by Alpha

90SPOTSpotify↗ 90DEDeere↗ 90CRMSalesforce↗ 88TAT&T↗ 86PFEPfizer↗

11CIENCiena↗ 11CCLCarnival↗ 11COHRCoherent↗ 11RCLRoyal Caribbean↗ 12AKAMAkamai↗

← 2026-09-022026-09-04 →

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Analytical tools and historical measurements for educational and informational purposes only; not investment advice or a recommendation. Replayed figures are hypothetical: today's rules applied to past prices, after modelled costs, and no account was traded on them. Hypothetical results have inherent limitations and do not represent actual trading. Past performance, including backtested results, does not guarantee future outcomes. Trading stocks involves substantial risk of loss. · Operator's Manual · About · Support · Terms · Privacy · Refunds · © 2026 TradeMath, a trade name of Nitrode Corporation