Daily Pulse

Friday, October 2, 2026 · measured after the close · a past session — jump to the latest

Market regime: Cautious · universe tone 31% bullish / 50% bearish

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

XLK LeadingXLE WeakeningXLV LaggingXLI LaggingXLC LaggingXLY LaggingXLB LaggingXLP LaggingXLF Lagging

Signal events

New hedge idea — Long NVDA / Short WDC

Technology · Δ58 · both legs fresh

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8 pairs left Hedge Ideas

mostly leader faded ? — MSFT/ORCL, RCL/RIVN, PYPL/C, COIN/C, PYPL/XYZ, XOM/EOG… · worth a review if you took one (tested exit: a 3-day Narrowing run)

SHOP — confirmed strength

Alpha 72, still building · Technology

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GM — confirmed weakness

Alpha 30, still bleeding · avoid / underweight

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COIN strength run ended

Momentum cooling — the early reduce warning

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TTWO weakness run ended

Pressure lifting

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BMY — confirmed weakness

Alpha 23, still bleeding · avoid / underweight

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SYK weakness run ended

Pressure lifting

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DAL strength run ended

Momentum cooling — the early reduce warning

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ETN strength run ended

Momentum cooling — the early reduce warning

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Hedge ideas on the board

Long NVDA / Short WDC Technology · Δ58 · Widening↗

Long SHOP / Short ENPH Technology · Δ52 · Widening↗

Long NVDA / Short AVGO Technology · Δ50 · Widening↗

Long SHOP / Short IBM Technology · Δ49 · Widening↗

Long XOM / Short COP Energy · Δ44 · Widening↗

Long FCX / Short MLM Materials · Δ40 · Widening↗

Leaders & laggards by Alpha

89CRWDCrowdStrike↗ 85LITELumentum↗ 84TERTeradyne↗ 82NETCloudflare↗ 82METAMeta Platforms↗

11BACBank of America↗ 11DKNGDraftKings↗ 11APPAppLovin↗ 11ALBALB↗ 12FFord↗

← 2026-10-012026-10-05 →

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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