Power Hour #91: Power Hour: Breadth Breaks, Defense Wins – Monday 8/24/2026

Welcome to Wave Rider Power Hour, your final hour tactical edge. Let's dive in. Breath just filled 21 points in one session. That's not a wobble, that's a regime flip. Let's get you positioned before the bell. Okay, so give it to me straight. What's the regime? What's the character of today? Defensive, flat out. Breath cratered. Percent above the 20-day went from 60% yesterday to 39% today. Mm-hmm. Minus 21 points. Minus 21. And the bull bear internals flipped hard. Bull 4% collapsed to 86 from 274. Bear 4% climbed to 136 from 77. Whoa, so sentiment. Sentiment 4% flipped bearish. The slower 40-day measure is still neutral, but the fast read is gone. Right, so what is this, a trend? A reversal, distribution, sellers to control from the open. This is not a dip to buy. Right. Regime's defensive, so what do we actually do with the next 60 minutes? Two names to hold. IT at $201.04, up 2.6%, that's the cleanest institutional participation on the tape. Mm-hmm. And Kura, $12.52 up 5.3% at R-Vall 1.0. Real buyers behind that move. Okay, what are we cutting? R-G-N-X down 22.2%, A-Z-T-A down 10.7%. Those are knife catches, not confirmations. Knife catches. Right, you exit those, you don't hope on them. And trim your extended tech and utilities. R-S-P-T's sitting in the 11th percentile, R-S-P-U in the 5th. Oh, man. Oh, man, bottom of the barrel. I mean, sources of weakness, that's where the bleed is coming from. What about Anro? I saw it up almost 8%. Yeah, up 7.7%, but R-Vall is only 0.8. Big move, no backup. Oh, wow. Wait, so the biggest gainer is the one you don't? You don't trust? Exactly. R-Vall is the lie detector. A move that size on 0.8 volume is a stock talking big with nobody behind it. Right. See, that's the thing people miss, so anything worth? Entering? On confirmation only. IT above $200 into the bell on rising volume. And Kura holding above $12.52 with R-Vall near 1.0. Confirmation only, not before. Look, not before. The retail leaders are constructive too. HD at $335.70, low at $216.03, both firm on earnings. Mm-hmm. And Veeve? Veeves holding a price target raise at $247.95. Those you watch, you don't chase. Right, right. What are we skipping? ELTK and Pony. Week mixed prints. Nothing there. So what's the operating? Operating code today. It's ABC. Always be in control. Titan stops shrink size given that breath drop. Parrot with CRT. Controlled risk taking. You only add on confirmed strength. Yeah. Defense first, offense on. On proof, that's the whole game today. Got the playbook for the close. What changes for tomorrow's? For tomorrow's open, everything changes. That minus 21 rewrites the plan. Every rally is suspect until breath stabilizes. Yeah, totally. Okay, so where's the leadership? Two groups only. Communication services and energy. The only sector's making new percentile highs. Watch those for follow through. Just two lifeboats. Just two. And IT above $201 is your lead continuation candidate. Kura reclaiming and holding $12.50 plus is the small cap-tell. Right. And the rule? Honestly, treat rallies as suspect until percent above the 20 days stabilizes and sentiment 4% turns off bearish. Simple as that. Hmm. One thing I heard the index levels were missing today? Yeah. SPY, QQQ, IWM, unavailable. So don't trade off phantom levels. Trust the breath instead. Driving without a dashboard. You know what? Go by feel. And the feel is breath. That's your gauge. Okay, that's the map. Anything else before the bill? Just discipline. Cut what isn't confirmed. Hold what shows volume and add nothing on hope. Perfect. So here's the close. Cut the losers. Hold the confirmed strength. And let breath make tomorrow's call for you. That's the power hour. See you at the bell. That's all for today's episode of Wave Rider Power Hour. Your final hour, Tactical Edge. See you next time.