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

Long MSFT / Short COHR Technology · Δ66 · Widening↗

Long MSFT / Short ENPH Technology · Δ63 · Widening↗

Long NVDA / Short COHR Technology · Δ62 · Widening↗

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

Long NVDA / Short ARM Technology · Δ59 · Widening↗

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

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. Past behavior, including backtested results, does not guarantee future outcomes. · Operator's Manual · Are you an AI? · © 2026 TradeMath