Power Hour #81: 196 and Rising: Reading a Breadth Thrust – Friday 8/7/2026

Welcome to Wave Rider Power Hour, your final hour tactical edge. Let's dive in. Breath just flipped from a coin flip 257 to 279 to a blowout 324 to 107, trending day or trap. 60 minutes to the bell, let's move. Okay, so first thing, did the regime hold today or did it shift? It shifted hard. Percent above the 20 SMA surged from 139 to 196 in one session. Wait, 196? 196. That's a confirmed trending update, broadening participation, not choppy, not reversal. But the sentiment split, right? Right. 4% sentiment reads very bullish, but the 40 SMA sentiment is still neutral. So a short-term surge inside up. Inside a still maturing trend. Exactly. The crowd rushed one side of the stadium, but the season's standings haven't moved yet. Hmm, and that bull bear flip? 324 bulls, 107 bears. Yesterday, that was 257 to 279, basically even to lopsided overnight. That's wild. Okay, so the tape's trending hard. Where do we put money right now? Sicklickles. Materials and industrials are leading. Materials hit the 100th percentile at 1.79. 100th percentile, no way. Yeah, and industrials at the 84th and rising. Meanwhile, utilities in tech are both negative. Capitals rotating out of defensives. Okay, quick then. What are we holding? CBRS at 224.77 up 6.4%. Holding 224 plus keeps the chip breakout intact. Keep it. Keep it. And ASTS at 70.91 up 5.3%. Plus SPCX at 114.92 up 7.41%. Both writing sector strength into the close. Love it. What do we cut? VIAV at 40.59. Downed despite strong results, guidance driven fade. Down on good news, that's the tell. That's the tell. And SPB at 88.22 down 3.05%. Heavy short, downed despite good news, give back risk into the bell. So fold the hands that look good on paper, but the table says otherwise. Exactly that. Anything to enter late. DKNG. It's at 2217 up 3.74% from the open. 2.14RV after an EPS beat of 144.9%. 144.9? Whoa. Right? Enter above roughly 22 on two times volume, but only if it holds green in the last 30 minutes. Only if it holds discipline. Always be in control. We're chasing sector winners, but single name risk is elevated so we stay tight. And gold? I saw something there. Yeah, the gold reversals unwinding. GBXD down 18.4%. JDST down 12.4%. Which means risk appetites rising. That backs the whole rotation. Money's leaving the safe seats. Got it. Hold the cyclicals, cut the fakes. But does this carry into tomorrow? Depends on follow-through. Watch the earnings reactions. DKNG, SPB, and AHR. AHR, what's the story? Raised guidance? EPS of 390%. If it follows through, that's your confirmation. 390%. OK. And ASTS with SPCX, anchor a space telecom continuation. But only if they hold today's highs. So what's the one number that matters? 196. If Breadth holds near 196 tomorrow, the thrust is real. If it fades back toward 139. It's one day noise. One day noise. That's the hotel. And the regime outlook? Stay long cyclicals, but neutral 40 SMA sentiment means disciplined sizing, not max exposure. So it's a sprinter's burst. We don't know yet if it becomes a sustained pace. That's it exactly. Act decisively, size carefully. Perfect. So let's land it. Hold the cyclical winners, cut the divergent fades, and watch that 196 Breadth print at the open tomorrow. That's the tail. Trander noise. The tape tells us in the morning. See at the bell. That's all for today's episode of Wave Rider Power Hour. Your final hour, tactical edge. See you next time.