Daily Pulse

Wednesday, September 9, 2026 · measured after the close · a past session: jump to the latest

Market regime: Risk-Off · universe tone 29% bullish / 48% bearish

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

XLE LeadingXLK LeadingXLF WeakeningXLV LaggingXLC LaggingXLP LaggingXLI LaggingXLY Lagging

Signal events

New hedge idea — Long NET / Short CIEN

Technology · Δ59 · both legs fresh

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New hedge idea — Long NET / Short SHOP

Technology · Δ56 · both legs fresh

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9 pairs left Hedge Ideas

mostly leader stretched ?, NVDA/CIEN, INTC/CIEN, META/GOOGL, WFC/AXP, C/AXP, WFC/BLK… · worth a review if you took one (tested exit: a 3-day Narrowing run)

RDDT — confirmed weakness

Alpha 25, still bleeding · avoid / underweight

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UBER — confirmed weakness

Alpha 24, still bleeding · avoid / underweight

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NET — confirmed strength

Alpha 75, still building · Technology

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BX — confirmed weakness

Alpha 16, still bleeding · avoid / underweight

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DAL weakness run ended

Pressure lifting

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FDX — confirmed weakness

Alpha 24, still bleeding · avoid / underweight

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ETN — confirmed strength

Alpha 70, still building · Industrials

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Hedge ideas on the board · ideas, not desk trades

Long NET / Short CIEN Technology · Δ59 · Widening · pair page↗

Long NET / Short SHOP Technology · Δ56 · Widening · pair page↗

Long TMO / Short ISRG Health Care · Δ53 · Flattening · pair page↗

Long GEV / Short AXON Industrials · Δ52 · Widening · pair page↗

Long ANET / Short CIEN Technology · Δ52 · Widening · pair page↗

Long TMO / Short LLY Health Care · Δ51 · Widening · pair page↗

Leaders & laggards by Alpha

87BBYBest Buy↗ 85METAMeta Platforms↗ 85DELLDell Technologies↗ 84LITELumentum↗ 82WFCWells Fargo↗

11STZConstellation Brands↗ 14COSTCostco↗ 14CCLCarnival↗ 14ISRGIntuitive Surgical↗ 15NKENike↗

← 2026-09-082026-09-10 →

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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