Power Hour

Power Hour #104: Trap-Day Alert: Tech Hides Cracking Breadth – Friday 9/11/2026

Episode 1044:33

0:004:33

Episode summary

Sentiment flipped bullish overnight, but breadth is quietly fading into the close, with only Tech and a Building & Electronics cluster carrying the tape. The team breaks down what to hold (IESC, ARW, SANM), what to cut (LEU, DSGX, UAL), and which setups—like CMC and continued SANM strength—to watch for confirmation tomorrow.

Chapter by chapter

Trap-Day or Real Rally?

Breadth is fading despite a bullish sentiment flip, and no index confirms the move.

Hold the Confirmed Winners

Building & Electronics names IESC, ARW, and SANM lead, with Tech (RSPT) as the sole engine.

Cut the Fading Names

LEU and DSGX show fragile price action despite a downgrade and an earnings beat, respectively; UAL is flagged to avoid overnight.

Setups to Watch Tomorrow

CMC coils near a breakout level, SANM offers continuation, and DKNG carries a bullish tailwind into the open.

Key points

  • Sentiment is bullish but breadth is deteriorating — trade the internals, not the headline mood.
  • Building & Electronics (IESC, ARW, SANM) and Tech (RSPT) are the only confirmed pockets of strength.
  • Cut LEU and DSGX before the bell; an earnings beat that still sells off signals a fragile regime.
  • Avoid holding UAL overnight after its target cut — no hope trades into tomorrow.
  • Only add on confirmation: watch CMC for a breakout above today's high and SANM for continuation.

Ticker charts

IESC

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open IESC in WaveFinder.

Daily bars through Sep 11, 2026.

ARW

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open ARW in WaveFinder.

Daily bars through Sep 11, 2026.

SANM

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open SANM in WaveFinder.

Daily bars through Sep 11, 2026.

RSPT

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open RSPT in WaveFinder.

Daily bars through Sep 11, 2026.

LEU

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open LEU in WaveFinder.

Daily bars through Sep 11, 2026.

DSGX

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open DSGX in WaveFinder.

Daily bars through Sep 11, 2026.

UAL

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open UAL in WaveFinder.

Daily bars through Sep 11, 2026.

CMC

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open CMC in WaveFinder.

Daily bars through Sep 11, 2026.

DKNG

Open in app
SMAUp (filled)Down (hollow)

Use left and right arrows to move through history, plus and minus to zoom, ] and [ to open the next and previous event, Escape to close its card, Enter to open DKNG in WaveFinder.

Daily bars through Sep 11, 2026.

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