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

Long PLTR / Short ORCL Technology · Δ60 · Widening↗

Long MSFT / Short ORCL Technology · Δ59 · Widening↗

Long PLTR / Short CSCO Technology · Δ57 · Widening↗

Long MSFT / Short CSCO Technology · Δ56 · Widening↗

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

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

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. Past behavior, including backtested results, does not guarantee future outcomes. · Operator's Manual · Are you an AI? · © 2026 TradeMath