Daily Pulse

Tuesday, September 29, 2026 · measured after the close · a past session — jump to the latest

Market regime: Risk-Off · universe tone 36% bullish / 52% bearish

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

XLV LeadingXLK LeadingXLC LaggingXLE LaggingXLI LaggingXLF LaggingXLP LaggingXLY Lagging

Signal events

GILD / UNH left Hedge Ideas

leader stretched ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

GILD / CVS left Hedge Ideas

leader stretched ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

JNJ / UNH left Hedge Ideas

leader faded ? — worth a review if you took it (tested exit: a 3-day Narrowing run)

COIN — confirmed strength

Alpha 77, still building · Financials

CL weakness run ended

Pressure lifting

BKR — confirmed weakness

Alpha 20, still bleeding · avoid / underweight

RIVN weakness run ended

Pressure lifting

RCL weakness run ended

Pressure lifting

SYK weakness run ended

Pressure lifting

LUV strength run ended

Momentum cooling — the early reduce warning

Hedge ideas on the board

Long PM / Short MDLZ Cons Staples · Δ55 · Widening↗

Long PM / Short CL Cons Staples · Δ53 · Flattening↗

Long PLTR / Short ORCL Technology · Δ52 · Widening↗

Long MSFT / Short ORCL Technology · Δ52 · Widening↗

Long AMGN / Short CVS Health Care · Δ52 · Widening↗

Long AMGN / Short UNH Health Care · Δ48 · Widening↗

Leaders & laggards by Alpha

88TMOThermo Fisher↗ 85CRWDCrowdStrike↗ 84PFEPfizer↗ 84DHRDanaher↗ 82NETCloudflare↗

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

← 2026-09-28latest

Back to the trading desk

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