TradeMath

Daily Pulse

Wednesday, September 23, 2026 · measured after the close · a past session — jump to the latest
Market regime: Risk-Off · universe tone 32% bullish / 50% bearish
The tape: Trending — trending tape — hedge pairs tested at full strength here; the board runs hot what this means ▸
XLK LeadingXLV LeadingXLC LeadingXLE LaggingXLP LaggingXLI LaggingXLY LaggingXLF Lagging

Signal events

Market regime shifted: Cautious → Risk-Off
Tide change — tailwinds and headwinds just moved
↗
New hedge idea — Long PLTR / Short ENPH
Technology · Δ67 · both legs fresh
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New hedge idea — Long PLTR / Short CSCO
Technology · Δ64 · both legs fresh
↗
11 pairs left Hedge Ideas
mostly short leg washed out ? — DHR/CVS, ABBV/CVS, ETN/UPS, SHOP/ENPH, ABBV/UNH, DDOG/ENPH… · worth a review if you took one (tested exit: a 3-day Narrowing run)
SHOP strength run ended
Momentum cooling — the early reduce warning
↗
SPOT weakness run ended
Pressure lifting
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PFE — confirmed strength
Alpha 81, still building · Health Care
↗
CL — confirmed weakness
Alpha 22, still bleeding · avoid / underweight
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EQT weakness run ended
Pressure lifting
↗
OXY weakness run ended
Pressure lifting
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Hedge ideas on the board

Long PLTR / Short ENPH Technology · Δ67 · Widening↗
Long PLTR / Short CSCO Technology · Δ64 · Widening↗
Long DHR / Short HIMS Health Care · Δ62 · Widening↗
Long ABBV / Short HIMS Health Care · Δ56 · Widening↗
Long LNG / Short OXY Energy · Δ40 · Widening↗
Long LNG / Short BKR Energy · Δ36 · Widening↗

Leaders & laggards by Alpha

89DEDeere↗ 88COINCoinbase↗ 88NETCloudflare↗ 88TMOThermo Fisher↗ 87CRWDCrowdStrike↗
11BKNGBooking↗ 11FDXFedEx↗ 11STZConstellation Brands↗ 10ENPHEnphase Energy↗ 12CHTRCharter↗
← 2026-09-222026-09-24 →
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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