Power Hour #71: Power Hour: Market Rotation and Sniper Entries – Wednesday 7/1/2026

Welcome to Waverider Power Hour, your final hour tactical edge. Let's dive in. Okay, final hour. Tape just flinched. Breath? Dropped hard. 92% down from 122 yesterday. Wait, that's a 30-point swing in one session. In one session, yeah. So is the bull market breaking? No, not breaking. It's rotating. Talk to me. Look, the short-term froth is unwinding, but the intermediate trend is fine. The 40 SMA is holding flat at 65.21%. So it's still constructive. Constructive, but selective. Think of a sprinter slowing to a jog. But still moving forward. Exactly. Forward momentum, just narrower legs carrying it. Right. So today's character, trending, choppy, or reversal? Selective jog. Not a reversal day. It's a breather. OK, let's get tactical. What are we holding into the close? Healthcare, full stop. The sector ripped to 3.95 today. That's a hundredth percentile reading. Oh, wow. Hundredth percentile. Hundredth. And the standout is AMPL. 864 up 12.9% on 3.5 relative volume. Three and a half times normal. That's real. That's real conviction. Hold it as long as it stays above 864. Anything else on the hold list? Financials and industrials are firm. 1.35, 84th percentile. No reason to touch those. Good. Now the ugly side, what do we cut? Crypto miners, cut them. And OK, hello. How bad? Fading anywhere from minus 6.1 to minus 10.8%. That's momentum bleeding out. 10.8, ouch. Yeah, and energy is the laggard again, sitting at minus 1.97. Don't hold laggards into weakness. So tighten the stops now Tighten them now before the bell don wait Okay anything worth entering this late One name NKE Nike Really 42-42. It's the cleanest reversal setup on the board right now. But you're saying wait? Wait for confirmation. I mean, don't just spray into it. Sniper entry, not shotgun. Sniper precision. I like that. That's the whole game in a selective tape. One clean shot beats ten sloppy ones. So no shotgun exposure here? None. When breath thins, precision is everything. Okay, after the bell, what carries into tomorrow? Same map. Today's breath contraction actually validates the follow-through plan. Narrowing, not reversing. So the long-term plan doesn't change. Doesn't change at all. Intermediate trends intact, 40 SMA flattened holding. What's the trigger I'm watching at the open? NKE at 4242. It has to hold that level to confirm the reversal. And if it doesn't hold? Then it's not ready. You stand down. Simple. What about AMPL into tomorrow? Needs to sustain 8-6-4. Sustain it and the move has legs. Lose it and it was just a spike. Got it. And the sector to watch? Healthcare leadership. If it carries into the July open, the rotation story is real. So the baton's passing. The baton's passing. That's exactly it. Okay, let me bring it home. The market's not breaking, it's rotating. Hold the healthcare leaders, cut the fading momentum. and wait on NKE at 4242. That's the playbook. Execute clean, tighten your stops on the laggards. And review that NKE setup before the close. Before the close. Sniper, not shotgun. Perfect note to end on. That's your Power Hour. Get it done before the bell. We'll see you tomorrow. That's all for today's episode of WaveRider Power Hour, your final hour tactical edge. See you next time.