Power Hour #112: Breadth Breaks: Cut the Rate-Sensitive Names Before the Bell – Wednesday 9/23/2026

Welcome to WaveRider Power Hour, your final hour tactical edge. Let's dive in. Breath just fell off a cliff, 117 to 60 in one session. If you're still holding rate sensitive names into this clothes, we need to talk right now. Okay, so regime check. Has today held or has it flipped? Honestly, it flipped hard. I mean, how hard? Percent above the 20-day SMA cratered from 117 yesterday to 60 today. That's a 57 point collapse. Wait, 57 points in a day. In a day, and sentiment went with it flipped from bullish to very bearish intraday. Hmm. Yeah. Bull 4% collapsed from 280 to 48. Bear 4% exploded from 160 to 357. Oh, wow. Right. Here's the thing. This isn't a clean rotation into defensives. This is a broad flush across sectors. See, that's the thing. Everyone's going to call it a root. It's not. Utilities and financials got hit right alongside everything else. Tides going out fast. Right. Right. Mm-hmm. So basically, regimes bearish. What do we do with the next 60 minutes? We cut. Like, what are we cutting? Rate sensitive names failing on tightening policy fear. DB down 1.98 from open, BKNG down 5.03, Z down 1.62. Sure. And team? Down 5.48. And look, even with a positive no doubt on it, it's fading. Don't hold hope into weakness. A good headline can't save a stock bleeding out on the tape. Exit those before the bell. OK. Anything holding the line? You know, FSL-Y. This is the standout. Talk to me. 2937, up 12.6% on relative volume of 2.5. That's the one runner still sprinting while the field slows down. Yeah. 12.6% on a flush day. That's wild. Oh, wow. Confirmed strength. That's the difference between FSL-Y and DB right there. Volume behind the move. Mm-hmm. Anything else in software holding firm? Pan at 38.83, 33, up 3.7, PLTR at 190.82, up 3.1. Right. So we add those? Strength-based ads, not chase candidates. Keep them. Don't go grabbing them up here. Got it. Any reversals worth a look? Two on the radar. C-Z-R at 29.61, heaviest relative volume of the day at 3.4, and K-M-Y-X 5790, up 1.9 on R-VAL 3.0. Which one do you like more? K-M-Y-X, more constructive of the two. Yeah. And on the tech setups, you know what? You're being picky. Extremely. The cleanest setups only. Discipline overfomo on a day like this. Right. Mm-hmm. I like that. Yeah, totally. You have to. When breath breaks, you earn nothing by forcing trades. Okay. Give me one thing to watch walking into tomorrow. The overnight catalyst, tightening policy pressure, hitting banks and travel names. That story doesn't sleep. Exactly. So the same names that got crushed to- Stay under pressure tomorrow. Right. So what are we tracking for follow? Through. F-S-L-Y and K-M-Y-X. Those are your two names. If F-S-L-Y continues, that tells you something. Mm. And sectors? Watch healthcare alongside tech. RSPH is a 2.06 and rising. That's your leadership tell. So if healthcare and tech both lead- You've got real confirmation. Until then, the plan flips defensive. For how long? Until breath participation rebuilds, every rally is suspect until bull percent reclaims Right. Guilty until proven innocent. That's the whole game tomorrow. Okay. Let me bring it home. Breath broke, sentiment flipped, and only F-S-L-Y, Pan and PLTR held the line. I mean, that's it. Cut the rate-sensitive exposure now. So here's your clothes. Trim the losers before the bell. Track F-S-L-Y and K-M-X overnight. And wait for breath to confirm before you add a single dollar of. Risk. Guilty until proven innocent. That's the power hour. Protect your capital. We'll see you at Tomorrow's Bell. That's all for today's episode of Wave Rider Power Hour. Your final hour, Tactical Edge. See you next time.