Episode summary
A midday breakdown of a diverging market — short-term momentum jumping while long-term breadth fades — with sector rotation into Energy and Industrials, stock-level confirmation from SKYQ, HIBS, and MBX, and a key AMD level to watch into the close.
More from Midday Market
Midday Wave #138: Breadth Firms, Sentiment Lags: Energy Leads While Tech’s QQQ Masks Weakness – Friday 10/23/2026
Fri, Oct 23, 2026Midday Wave #137: Breadth Firms, Momentum Cracks: Tech Bleeds as Defense Takes Over – Thursday 10/22/2026
Thu, Oct 22, 2026Midday Wave #136: Thin Tape: Breadth Diverges as Indices Hold Gains – Wednesday 10/21/2026
Wed, Oct 21, 2026Midday Wave #134: Breadth Flips Bullish — But Can You Trust Thin Volume? – Tuesday 10/20/2026
Tue, Oct 20, 2026Midday Wave #133: Split Breadth, Narrow Leadership: Reading a Divergent Tape – Monday 10/19/2026
Mon, Oct 19, 2026