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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 · ideas, not desk trades

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

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

Long WFC / Short BLK Financials · Δ62 · Widening · pair page↗

Long WFC / Short AXP Financials · Δ58 · Widening · pair page↗

Long ETN / Short AXON Industrials · Δ58 · Widening · pair page↗

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

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 →

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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