Daily Pulse

Friday, September 11, 2026 · measured after the close · a past session — jump to the latest

Market regime: Risk-Off · universe tone 28% bullish / 43% bearish

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

XLE LeadingXLC LeadingXLK LeadingXLF LaggingXLV LaggingXLP LaggingXLY LaggingXLI Lagging

Signal events

New hedge idea — Long SMCI / Short SHOP

Technology · Δ56 · both legs fresh

New hedge idea — Long ABBV / Short UNH

Health Care · Δ55 · both legs fresh

NET / CIEN left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

STX / CIEN left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

NOW / SHOP left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

HOOD strength run ended

Momentum cooling — the early reduce warning

ENPH — confirmed weakness

Alpha 22, still bleeding · avoid / underweight

NET strength run ended

Momentum cooling — the early reduce warning

TTWO — confirmed weakness

Alpha 30, still bleeding · avoid / underweight

HIMS weakness run ended

Pressure lifting

Hedge ideas on the board

Long PM / Short STZ Cons Staples · Δ67 · Widening↗

Long PM / Short COST Cons Staples · Δ65 · Widening↗

Long WFC / Short BLK Financials · Δ62 · Widening↗

Long WFC / Short AXP Financials · Δ58 · Widening↗

Long ETN / Short AXON Industrials · Δ58 · Widening↗

Long SMCI / Short SHOP Technology · Δ56 · Widening↗

Leaders & laggards by Alpha

86DELLDell Technologies↗ 87BBYBest Buy↗ 86METAMeta Platforms↗ 82RBLXRoblox↗ 82PMPhilip Morris↗

14HONHoneywell↗ 14UNHUnitedHealth↗ 15CCLCarnival↗ 14BKRBaker Hughes↗ 15MCDMcDonald's↗

← 2026-09-102026-09-14 →

Back to the trading desk

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