Daily Pulse

Thursday, October 29, 2026 · measured after the close · a past session: jump to the latest

Market regime: Risk-On · universe tone 46% bullish / 34% bearish

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

XLE LeadingXLV LeadingXLB LeadingXLP LeadingXLK LeadingXLY LeadingXLF LeadingXLI ImprovingXLC Lagging

Signal events

Market regime shifted: Constructive → Risk-On

Tide change — tailwinds and headwinds just moved

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New hedge idea — Long LITE / Short APP

Technology · Δ57 · both legs fresh

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7 pairs left Hedge Ideas

mostly leader stretched ?, LUV/UBER, CRWD/COHR, PANW/COHR, PANW/CRDO, DHR/MRK, LUV/GEV… · worth a review if you took one (tested exit: a 3-day Narrowing run)

SPOT — confirmed strength

Alpha 81, still building · Comm Services

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GM — confirmed strength

Alpha 75, still building · Cons Discretionary

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CVS — confirmed weakness

Alpha 27, still bleeding · avoid / underweight

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TGT weakness run ended

Pressure lifting

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GEV weakness run ended

Pressure lifting

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EQT strength run ended

Momentum cooling — the early reduce warning

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APP — confirmed weakness

Alpha 19, still bleeding · avoid / underweight

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On the desk's list · Bernoulli

Long GILDlong · Health Care↗

Long ADIlong · Technology↗

Long UNPlong · Industrials↗

Long SNPSlong · Technology↗

Long TXNlong · Technology↗

Long NXPIlong · Technology↗

Long LLYlong · Health Care↗

Long BLKlong · Financials↗

Short ENPH / Long XLKhedged short · Technology↗

Short HSY / Long XLPhedged short · Cons Staples↗

Not offered in this tape: cycle pairs · the dislocation bounce, the shapes that tested negative here are kept off the list.

Leaders & laggards by Alpha

92COPConocoPhillips↗ 92DOWDOW↗ 91TXNTexas Instruments↗ 90ADIAnalog Devices↗ 91NXPINXP Semiconductors↗

14RIVNRivian↗ 14BKNGBooking↗ 16TERTeradyne↗ 15SCHWCharles Schwab↗ 22AMZNAmazon↗

← 2026-10-282026-10-30 →

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