Power Hour #37 Neutral

Power Hour #37: The Fragile Regime – Friday 5/8/2026

May 8, 2026 3:16

Tickers Mentioned

Episode Summary

With breadth collapsing and tech leading, the market is in a high-risk rotation phase. The host and analyst close the day with precise position management—hold, cut, and enter triggers—and prep for overnight volatility driven by earnings misses and structural shifts.

Key Takeaways

Breadth contraction signals caution.
Tech sector showing continued strength.
Watch INOD for continuation breakout.
AORT shows a possible strong bounce.
Monitor for further sector rotations.

Power Hour Brief

Power Hour Brief – Ride the Wave into Close

Regime Check — Where Are We Now?

Today’s market shows a contraction in breadth since yesterday, with a decrease in stocks above key moving averages.

Breadth is contracting, as indicated by the decrease in stocks above the 20 SMA from 120% yesterday to 105% today and the 40 SMA from 67.64% to 64.52% today.
Technology (RSPT) is the leading sector, showing a “rising” trend with a current value of 4.97, hitting the 100th percentile rank.
Given the sector rotations and breadth contraction, the overall character is choppy.

Strategy Signals — Continuation, Reversal & SIP

INOD shows the strongest continuation signal with an 86.1% change and 9.1 RVOL.
AORT is flagging a strong reversal setup trading at $26.37, down -25.6% with 12.0 RVOL.
Of the SIP leaders, Outset Medical Inc (OM) at $4.68 and Nelnet Inc (NNI) at $141.36 reported worse-than-expected Q1 results.
PLASTICS is relevant as Technology is the strongest sector (RSPT is at the highest percentile and trending up).

Closing Playbook — What To Do Now

Consider closing short positions in ANIP at $84.76, given it is showing a slight gain of 1.0% on the Reversal Bullish screen.
Watch for a potential entry in INOD if the strong continuation pattern holds into the close.
Since SPY data is unavailable, we cannot provide specific levels and resulting actions.

Tomorrow’s Early Look

Watch for any overnight news, especially in the Technology sector, influencing markets.
Monitor RSCP, financials and industrials as they are both showing a downward trend.
With the Technology sector so strong and breadth contracting, be cautious of further rotation out of weaker sectors.

Welcome to WaveRider Power Hour, your final hour tactical edge. Let's dive in. Breath is collapsing. 105% above 20 SMA, down from 120%. Tech's surging, but the floor's shifting. What do you do in the final hour? Whoa, just now? Yeah, like a dam cracking. This isn't panic, it's a slow bleed. That's more dangerous. So what's the regime doing right now? Regimes confirmed. Choppy, high-risk, sector rotation driven. RSPTs at 4.97, 100th percentile. Okay, so 105% above 20 SMA, down from 120%. Yeah, and 40 SMAs at 64.52%, down from 67.64%. You know what's wild? Like a crowd finning at a concert. Front rows packed, back emptying fast. Wait, really? So it's not a top of cycle reversal yet? Not yet. It's a rotation. Tech's winning, but breadth's thinning. That's the red flag. Exactly. So if breadth's thinning and tech's leading... Which is why we're not waiting for confirmation. We're acting on the rotation. How do we position before the bell? So here's the playbook. What are we holding? INOD, 86.1% continuation probability, 9.1 RVOL, holding VWAP. Watch for late entry if it holds $1.4230. And if it fails? If it breaks $1.4110, we're out. No second chances. Got it What do we cut ANIP up 1 on reversal bullish screen close shorts now at Okay and enter AORT, reversal setup, at $1.2637, down 25.6%, 12.0 R vol, only if it breaks $1.2710 with volume. Right, exactly. That's the trigger. Exactly. It's not the price, it's the volume break. So all positions closed or confirmed. Now what's brewing overnight? Earnings hits, rotation risk, and one setup we're watching for tomorrow. Oh wow. OM and NNI both missed Q1. OM at $1.68, NNI at $1.4136. High volatility after close. Hmm, so what's the weakness vector? RSCP and industrials trending down. Watch for weakness to extend into tech. And today's breath decay? Mirrors March's reversal pattern. AORT holding $1.2710 could flip to a 5% move. Oh man, that's wild. So this isn't just noise. It's the same setup we saw before the last big tech reversal. Exactly. And if INOD drops below VWAP, you're already out. No emotional holds. You know what this reminds me of? Mm-hmm. Like you think it's just a choppy day. Until it's not. And that's why we close tight now. Right, right. And that's why we don't sleep late tonight. Wave Rider Power Hour. Sign off. And stay sharp. That's all for today's episode of Wave Rider Power Hour, your final hour tactical edge. See you next time.

Morning Dose #267 Bearish

Try WaveFinder

Power Hour Brief – Ride the Wave into Close

Regime Check — Where Are We Now?

Strategy Signals — Continuation, Reversal & SIP

Closing Playbook — What To Do Now

Tomorrow’s Early Look

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