Daily Pulse

Wednesday, October 21, 2026 · measured after the close · a past session: jump to the latest

Market regime: Constructive · universe tone 48% bullish / 42% bearish

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

XLV LeadingXLE LeadingXLP LeadingXLB LeadingXLY LeadingXLF LeadingXLI ImprovingXLC LaggingXLK Lagging

Signal events

Market regime shifted: Risk-On → Constructive

Tide change — tailwinds and headwinds just moved

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New hedge idea — Long CRM / Short COHR

Technology · Δ68 · both legs fresh

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New hedge idea — Long TSLA / Short GM

Cons Discretionary · Δ66 · both legs fresh

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8 pairs left Hedge Ideas

mostly leader faded ?, ADBE/ONTO, ADBE/NBIS, CRM/ONTO, RTX/AXON, AMZN/GM, SPOT/TMUS… · worth a review if you took one (tested exit: a 3-day Narrowing run)

F — confirmed weakness

Alpha 16, still bleeding · avoid / underweight

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COIN weakness run ended

Pressure lifting

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AXON weakness run ended

Pressure lifting

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GEV weakness run ended

Pressure lifting

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BKR weakness run ended

Pressure lifting

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APP — confirmed weakness

Alpha 22, still bleeding · avoid / underweight

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Hedge ideas on the board · ideas, not desk trades

Long CRM / Short COHR Technology · Δ68 · Widening · pair page↗

Long CRM / Short NBIS Technology · Δ66 · Widening · pair page↗

Long TSLA / Short GM Cons Discretionary · Δ66 · Widening · pair page↗

Long NXPI / Short COHR Technology · Δ62 · Widening · pair page↗

Long RBLX / Short TMUS Comm Services · Δ61 · Widening · pair page↗

Long NXPI / Short NBIS Technology · Δ60 · Widening · pair page↗

Leaders & laggards by Alpha

93ACNAccenture↗ 92DISDisney↗ 93VVisa↗ 91INTUIntuit↗ 91NOWServiceNow↗

12ALBALB↗ 12INTCIntel↗ 12RIVNRivian↗ 13LRCXLRCX↗ 13ONTOOnto Innovation↗

← 2026-10-202026-10-22 →

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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