Daily Pulse

Monday, November 2, 2026 · measured after the close · a past session: jump to the latest

Market regime: Risk-On · universe tone 51% bullish / 35% bearish

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

XLV LeadingXLP LeadingXLB LeadingXLY LeadingXLF LeadingXLI LeadingXLE WeakeningXLK LaggingXLC Lagging

Signal events

Market regime shifted: Mixed → Risk-On

Tide change: tailwinds and headwinds just moved

↗

New hedge idea: Long SNPS / Short APP

Technology · Δ61 · both legs fresh

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New hedge idea: Long MCHP / Short APP

Technology · Δ57 · both legs fresh

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4 pairs left Hedge Ideas

mostly laggard recovering ?, LUV/UBER, CRWD/CRDO, MCHP/CSCO, DE/GEV · worth a review if you took one (tested exit: a 3-day Narrowing run)

UBER weakness run ended

Pressure lifting

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FSLR, confirmed strength

Alpha 77, still building · Technology

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ENPH weakness run ended

Pressure lifting

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DELL, confirmed weakness

Alpha 27, still falling · lagging the market on a second close · the short side's shape, if any, is on the list

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NET, confirmed weakness

Alpha 25, still falling · lagging the market on a second close · the short side's shape, if any, is on the list

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DKNG, confirmed strength

Alpha 80, still building · Cons Discretionary

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On the desk's list · Bernoulli

Long FDXlong · Industrials↗

Long LLYlong · Health Care↗

Long ECLlong · Materials↗

Long GILDlong · Health Care↗

Long UNPlong · Industrials↗

Long Vlong · Financials↗

Long APDlong · Materials↗

Long MAlong · Financials↗

Short BA / Long XLIhedged short · Industrials↗

Short RDDT / Long XLChedged short · Comm Services↗

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

91GILDGilead Sciences↗ 92NXPINXP Semiconductors↗ 91VVisa↗ 92ACNAccenture↗ 90TXNTexas Instruments↗

15TERTeradyne↗ 19CVSCVS Health↗ 21ONTOOnto Innovation↗ 21STXSeagate↗ 20SNDKSanDisk↗

← 2026-10-302026-11-03 →

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