Next Day Prep #325: One Voice, Not a Crowd: Why the Rally Didn’t Flip the Regime – Thursday 9/17/2026

Episode summary

Despite a 1.1% S&P surge and a 1.7% Nasdaq pop driven by falling yields, the regime call stayed Bearish because breadth barely moved. The team breaks down the narrow, chip-led rally, spotlights the day’s biggest winners and losers, and lays out the exact yield and breadth levels that decide tomorrow’s direction.