Power Hour

Power Hour #106: Breadth Breaks Down: Triage Mode Into the Close – Tuesday 9/15/2026

Episode 106Sep 15, 20264:42

Seek

0:004:42

Episode summary

With only 18% of stocks above their 20-day average and sentiment cratering, the desk goes defensive — cutting weak names, holding only Energy with real volume and analyst backing, and setting up tomorrow’s watch list around crude oil.

Chapter by chapter

Breadth Shifts Defensive

Percent above the 20-day and 40-day averages both drop sharply while bullish sentiment collapses and bears take control.

Cutting the Fades

IONS, SYY, ENLT, ARWR, and BMRN get cut on weak sentiment, broker downgrades, and biotech setbacks.

Holding Energy Strength

Energy is the lone working sector — PR, FTI, RIG, VLO, and SSL held on analyst upgrades and momentum.

Entries, Avoids, and Sizing

FTEK is a confirmed volume breakout to watch, CVI and MNR are flagged as traps, and position sizing stays small.

Crude Sets Tomorrow's Tone

USO's overnight strength makes crude the key driver, with PR's break-and-hold and FTEK's volume follow-through as the levels to watch.

Key points

Breadth deteriorated sharply — 20-day reading fell to 18% and 40-day to 29%, confirming a defensive regime.
Sentiment cratered with Bull 4% collapsing from 258 to 91 while Bear 4% held at 230.
Energy is the only sector with real strength; PR, FTI, RIG, VLO, and SSL are held on analyst upgrades and momentum.
FTEK is the sole approved entry on confirmed volume; CVI and MNR are traps with weak or capitulatory volume.
Stay small and defensive until percent above the 20-day and 40-day averages turns back up — crude oil action sets tomorrow's tone for Energy.