Power Hour

Power Hour #111: Breadth Thrust: Hold the Leaders, Cut the Laggards – Tuesday 9/22/2026

Episode 1115:07

0:005:07

Episode summary

Breadth surges to 95 percent above the 20 SMA in a single session, confirming a trend day with room left to run since the 40 SMA is still lagging. The desk lays out the closing playbook — hold DNA and ABSI, cut XNDU and Utilities, watch VLO on confirmation — then sets up tomorrow’s carryover trades in TER, FCX, and DE.

Chapter by chapter

Breadth Thrust Confirms Trend Day

Breadth jumps from 70 to 95 percent above the 20 SMA, confirming a genuine trend day rather than a head fake.

40 SMA Lag Signals Early-Stage Strength

The 40 SMA sitting at just 25.79 percent shows the rally is early-stage, not stretched, leaving room to extend.

Holding the Leaders: DNA and ABSI

DNA and ABSI post the cleanest volume-confirmed continuation, backed by rising Health Care and Tech sector strength.

Cutting XNDU and Utilities Exposure

XNDU's post-lockup distribution on 9.8x volume and draining Utilities strength mark the names to exit.

Sizing Around Triple-Digit Risk

DNA, ABSI, and BLLN carry triple-digit risk readings, reinforcing the need for tight position sizing despite the strong thrust.

TER, FCX, and DE Carryover Setups

TER's semiconductor partnership, FCX's copper tightness, and DE's institutional continuation flag frame tomorrow's watchlist.

The 95% Breadth Number to Watch

The close recaps the long-biased regime and flags the 95 percent breadth level as the key signal for tomorrow's follow-through.

Key points

  • Breadth spiking to 95 percent above the 20 SMA with a lagging 40 SMA confirms an early-stage trend day, not an overheated one.
  • Hold volume-confirmed leaders like DNA and ABSI while cutting distribution names like XNDU and fading sectors like Utilities.
  • Triple-digit risk readings on DNA, ABSI, and BLLN mean staying in the trade but sizing positions tight.
  • Tomorrow's carryover setups center on TER, FCX, and DE, with DE flagged as the higher-quality institutional continuation play.
  • The 95 percent breadth level into the close is the key tell — if it holds, tomorrow's setups stay live; if it fades, tighten up and wait.

Ticker charts

DNA

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 DNA in WaveFinder.

Daily bars through Sep 22, 2026.

ABSI

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 ABSI in WaveFinder.

Daily bars through Sep 22, 2026.

XNDU

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 XNDU in WaveFinder.

Daily bars through Sep 22, 2026.

RSPU

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 RSPU in WaveFinder.

Daily bars through Sep 16, 2026.

VLO

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 VLO in WaveFinder.

Daily bars through Sep 22, 2026.

TER

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 TER in WaveFinder.

Daily bars through Sep 22, 2026.

WST

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 WST in WaveFinder.

Daily bars through Sep 22, 2026.

BLLN

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 BLLN in WaveFinder.

Daily bars through Sep 22, 2026.

FCX

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 FCX in WaveFinder.

Daily bars through Sep 22, 2026.

DE

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 DE in WaveFinder.

Daily bars through Sep 22, 2026.

DHR

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 DHR in WaveFinder.

Daily bars through Sep 22, 2026.

ILMN

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 ILMN in WaveFinder.

Daily bars through Sep 22, 2026.

More from Power Hour