Next Day Prep #342: Ten-to-One Washout: Why Only Defensives Held – Wednesday 10/14/2026

Episode summary

Breadth collapsed from Cautious-Bearish to outright Bearish as the bull-bear gauge hit a brutal 65-to-664 reading, even as the Dow masked a sharp Nasdaq and semiconductor selloff. The hosts break down why Continuation signals clustered entirely in defensives, why a bullish-looking Darvas Box breakout count was actually a trap in tech, and lay out the...