Daily Pulse

Wednesday, September 16, 2026 · measured after the close · a past session — jump to the latest

Market regime: Risk-Off · universe tone 27% bullish / 48% bearish

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

XLC LeadingXLK LeadingXLV WeakeningXLE WeakeningXLP LaggingXLF LaggingXLY LaggingXLI Lagging

Signal events

New hedge idea — Long ANET / Short WDC

Technology · Δ64 · both legs fresh

New hedge idea — Long PANW / Short WDC

Technology · Δ58 · both legs fresh

6 pairs left Hedge Ideas

mostly leader faded ? — WFC/BX, WFC/BLK, NET/KLAC, NET/CIEN, MSFT/AVGO, KO/PEP · worth a review if you took one (tested exit: a 3-day Narrowing run)

SHOP weakness run ended

Pressure lifting

SPOT strength run ended

Momentum cooling — the early reduce warning

F weakness run ended

Pressure lifting

HOOD strength run ended

Momentum cooling — the early reduce warning

CVS — confirmed weakness

Alpha 17, still bleeding · avoid / underweight

UBER weakness run ended

Pressure lifting

AXON weakness run ended

Pressure lifting

Hedge ideas on the board

Long ANET / Short AVGO Technology · Δ66 · Widening↗

Long ANET / Short WDC Technology · Δ64 · Widening↗

Long PM / Short PEP Cons Staples · Δ60 · Widening↗

Long PM / Short CL Cons Staples · Δ59 · Widening↗

Long PANW / Short WDC Technology · Δ58 · Widening↗

Long MA / Short GS Financials · Δ58 · Widening↗

Leaders & laggards by Alpha

88TMOThermo Fisher↗ 87BBYBest Buy↗ 85NETCloudflare↗ 85METAMeta Platforms↗ 84DELLDell Technologies↗

12COSTCostco↗ 13UNHUnitedHealth↗ 12AVGOBroadcom↗ 14GEGE Aerospace↗ 14GSGoldman Sachs↗

← 2026-09-152026-09-17 →

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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