Daily Pulse

Thursday, September 17, 2026 · measured after the close · a past session — jump to the latest

Market regime: Cautious · universe tone 31% bullish / 51% bearish

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

XLK LeadingXLC LeadingXLV WeakeningXLE WeakeningXLP LaggingXLF LaggingXLY LaggingXLI Lagging

Signal events

Market regime shifted: Risk-Off → Cautious

Tide change — tailwinds and headwinds just moved

New hedge idea — Long ABBV / Short CVS

Health Care · Δ68 · both legs fresh

New hedge idea — Long PLTR / Short AVGO

Technology · Δ62 · both legs fresh

8 pairs left Hedge Ideas

mostly leader faded ? — PM/CL, PANW/WDC, MA/GS, PANW/STX, DHR/UNH, MA/MS… · worth a review if you took one (tested exit: a 3-day Narrowing run)

GM — confirmed strength

Alpha 80, still building · Cons Discretionary

AXON — confirmed weakness

Alpha 24, still bleeding · avoid / underweight

LNG weakness run ended

Pressure lifting

DKNG — confirmed weakness

Alpha 25, still bleeding · avoid / underweight

BMY — confirmed weakness

Alpha 24, still bleeding · avoid / underweight

WDC — confirmed weakness

Alpha 14, still bleeding · avoid / underweight

Hedge ideas on the board

Long ABBV / Short CVS Health Care · Δ68 · Widening↗

Long ANET / Short AVGO Technology · Δ67 · Widening↗

Long ANET / Short WDC Technology · Δ66 · Widening↗

Long ABBV / Short UNH Health Care · Δ66 · Widening↗

Long PLTR / Short AVGO Technology · Δ62 · Widening↗

Long CVX / Short EQT Energy · Δ59 · Widening↗

Leaders & laggards by Alpha

90TMOThermo Fisher↗ 89DELLDell Technologies↗ 89BBYBest Buy↗ 88METAMeta Platforms↗ 87NETCloudflare↗

12GEGE Aerospace↗ 12RCLRoyal Caribbean↗ 12BKRBaker Hughes↗ 13BABoeing↗ 14AMATApplied Materials↗

← 2026-09-162026-09-18 →

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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