Power Hour

Power Hour #114: Breadth Cracks, Trend Holds: The Final Hour Playbook – Friday 9/25/2026

Episode 1144:26

0:004:26

Episode summary

With breadth thinning into the close, the hosts break down why the intermediate trend remains bullish despite a rough-looking tape. They map out which leaders to hold (CRDO, ISRG), which entries to size carefully (MXL), which names to cut before the bell (CHTR, LYB), and what a surge in bond ETFs signals for tomorrow’s rate-sensitive chip trade.

Chapter by chapter

Breadth Cracks But Trend Holds

Breadth drops to 35% above the 20-day but the intermediate trend stays bullish, setting up a narrow, rotational chop.

Holding CRDO Into the Close

CRDO remains the cleanest continuation leader, held as long as it stays above 211.

MXL and ISRG Setups

MXL offers a hot but risky starter-size entry, while ISRG stands out as a clean actionable reversal backed by strong Health Care sector performance.

Cutting CHTR and LYB

CHTR and LYB get cut before the bell due to active negative catalysts from a Comcast downgrade and Iran margin pressure.

Bond ETFs Signal Caution

A surge in mortgage and bond ETFs flags a flight-to-duration move that hints at rate sensitivity ahead.

Sector Map: Tech and Health Care Lead

Tech and Health Care dominate the sector rankings while Utilities, Materials, and Energy remain near the bottom.

Levels to Watch at the Open

Key confirmation levels for CRDO, ADI, and ISRG going into tomorrow's session, with a prove-it day ahead.

Key points

  • Breadth thinned to 35% above the 20-day, but the intermediate trend remains bullish (13 Bull vs. 7 Bear) — this is rotational chop, not a reversal.
  • Hold CRDO above 211 and ISRG above 402.56 as the cleanest continuation and reversal leaders; cut CHTR and LYB on active negative catalysts.
  • MXL is a high-risk, high-reward entry — starter size only given its elevated risk read.
  • Surging bond ETFs (MORT, BOND, TAGG) signal defensive, rate-sensitive positioning — a tell to respect, not a trade to chase.
  • Tech and Health Care are the only sectors sprinting; Utilities, Energy, and Materials should be avoided until the trend flips.

Ticker charts

CRDO

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 CRDO in WaveFinder.

Daily bars through Sep 25, 2026.

MXL

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 MXL in WaveFinder.

Daily bars through Sep 25, 2026.

ISRG

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 ISRG in WaveFinder.

Daily bars through Sep 25, 2026.

CHTR

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 CHTR in WaveFinder.

Daily bars through Sep 25, 2026.

LYB

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 LYB in WaveFinder.

Daily bars through Sep 25, 2026.

ADI

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 ADI in WaveFinder.

Daily bars through Sep 25, 2026.

MORT

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 MORT in WaveFinder.

Daily bars through Sep 25, 2026.

BOND

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 BOND in WaveFinder.

Daily bars through Sep 25, 2026.

TAGG

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 TAGG in WaveFinder.

Daily bars through Sep 25, 2026.

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