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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
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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
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F weakness run ended
Pressure lifting
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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
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AXON weakness run ended
Pressure lifting
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Hedge ideas on the board · ideas, not desk trades

Long ANET / Short AVGO Technology · Δ66 · Widening · pair page↗
Long ANET / Short WDC Technology · Δ64 · Widening · pair page↗
Long PM / Short PEP Cons Staples · Δ60 · Widening · pair page↗
Long PM / Short CL Cons Staples · Δ59 · Widening · pair page↗
Long PANW / Short WDC Technology · Δ58 · Widening · pair page↗
Long MA / Short GS Financials · Δ58 · Widening · pair page↗

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. 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