TradeMathOpen the desk →

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 · ideas, not desk trades

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

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

Long PLTR / Short ORCL Technology · Δ52 · Widening · pair page↗

Long MSFT / Short ORCL Technology · Δ52 · Widening · pair page↗

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

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

Leaders & laggards by Alpha

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

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

← 2026-09-282026-09-30 →

Open the desk →

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