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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.
See IESC in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.
See ARW in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.
See SANM in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.
See RSPT in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.
See LEU in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.
See DSGX in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.
See UAL in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.
See CMC in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.
See DKNG in WaveFinder. Sign in with your email, and new accounts are free and take about 30 seconds.
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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.