Daily Pulse

Monday, September 28, 2026 · measured after the close · a past session: jump to the latest

Market regime: Risk-Off · universe tone 35% bullish / 53% bearish

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

XLV LeadingXLK LeadingXLE LaggingXLC LaggingXLP LaggingXLI LaggingXLF LaggingXLY Lagging

Signal events

Market regime shifted: Mixed → Risk-Off

Tide change — tailwinds and headwinds just moved

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New hedge idea — Long PM / Short CL

Cons Staples · Δ56 · both legs fresh

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New hedge idea — Long GILD / Short UNH

Health Care · Δ55 · both legs fresh

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8 pairs left Hedge Ideas

mostly short leg washed out ?, PFE/UNH, DAL/BA, COIN/WFC, ETN/BA, PFE/HIMS, XOM/EQT… · worth a review if you took one (tested exit: a 3-day Narrowing run)

TSM — confirmed strength

Alpha 72, still building · Technology

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RDDT — confirmed weakness

Alpha 21, still bleeding · avoid / underweight

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SPOT — confirmed weakness

Alpha 26, still bleeding · avoid / underweight

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COIN strength run ended

Momentum cooling — the early reduce warning

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CL — confirmed weakness

Alpha 22, still bleeding · avoid / underweight

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OXY — confirmed weakness

Alpha 20, still bleeding · avoid / underweight

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Hedge ideas on the board · ideas, not desk trades

Long PLTR / Short ORCL Technology · Δ60 · Widening · pair page↗

Long MSFT / Short ORCL Technology · Δ59 · Widening · pair page↗

Long PLTR / Short CSCO Technology · Δ57 · Widening · pair page↗

Long MSFT / Short CSCO Technology · Δ56 · Widening · pair page↗

Long PM / Short CL Cons Staples · Δ56 · Flattening · pair page↗

Long GILD / Short UNH Health Care · Δ55 · Widening · pair page↗

Leaders & laggards by Alpha

88TMOThermo Fisher↗ 87DHRDanaher↗ 86PFEPfizer↗ 85CRWDCrowdStrike↗ 83NETCloudflare↗

10CHTRCharter↗ 10STZConstellation Brands↗ 10ENPHEnphase Energy↗ 12CMCSAComcast↗ 11ORCLOracle↗

← 2026-09-252026-09-29 →

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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