Daily Pulse

Friday, September 4, 2026 · measured after the close · a past session: jump to the latest

Market regime: Cautious · universe tone 35% bullish / 45% bearish

The tape: Trending, trending tape — hedge pairs tested at full strength here; the board runs hot what this means ▸

XLE LeadingXLF LeadingXLK LeadingXLV WeakeningXLC ImprovingXLP LaggingXLY LaggingXLI Lagging

Signal events

New hedge idea — Long C / Short AXP

Financials · Δ61 · both legs fresh

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New hedge idea — Long META / Short GOOGL

Comm Services · Δ60 · both legs fresh

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12 pairs left Hedge Ideas

mostly leader faded ?, MSFT/COHR, MSFT/ENPH, NVDA/COHR, PG/HSY, NVDA/ARM, KO/HSY… · worth a review if you took one (tested exit: a 3-day Narrowing run)

TSM weakness run ended

Pressure lifting

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COIN strength run ended

Momentum cooling — the early reduce warning

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TGT strength run ended

Momentum cooling — the early reduce warning

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CL — confirmed weakness

Alpha 20, still bleeding · avoid / underweight

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AXON weakness run ended

Pressure lifting

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NET — confirmed weakness

Alpha 29, still bleeding · avoid / underweight

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BMY strength run ended

Momentum cooling — the early reduce warning

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Hedge ideas on the board · ideas, not desk trades

Long C / Short AXP Financials · Δ61 · Widening · pair page↗

Long META / Short GOOGL Comm Services · Δ60 · Widening · pair page↗

Long META / Short TTWO Comm Services · Δ57 · Widening · pair page↗

Long GM / Short NKE Cons Discretionary · Δ55 · Widening · pair page↗

Long AAPL / Short ENPH Technology · Δ54 · Widening · pair page↗

Long AAPL / Short AKAM Technology · Δ54 · Widening · pair page↗

Leaders & laggards by Alpha

92DEDeere↗ 88GILDGilead Sciences↗ 87BBYBest Buy↗ 87JNJJohnson & Johnson↗ 87CRMSalesforce↗

10CIENCiena↗ 10CCLCarnival↗ 12AVGOBroadcom↗ 13NKENike↗ 13MCDMcDonald's↗

← 2026-09-032026-09-08 →

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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