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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 · ideas, not desk trades

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

Long ANET / Short AVGO Technology · Δ67 · Widening · pair page↗

Long ANET / Short WDC Technology · Δ66 · Widening · pair page↗

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

Long PLTR / Short AVGO Technology · Δ62 · Widening · pair page↗

Long CVX / Short EQT Energy · Δ59 · Widening · pair page↗

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. 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