Power Hour

Power Hour #137: Buy Utilities and Materials Fade Energy – Tuesday 10/27/2026

Episode 1373:28

0:003:28

Episode summary

A sharp breadth reversal lifted the tape with Bull 4% signals tripling intraday. Utilities, Materials and Industrials led while Tech and Energy lagged; SPY sits just under its 20-day average heading into the close with small-caps setting up for a potential breakout.

Key points

  • Regime flipped decisively bullish: bull 4% hit 359, bear 4% fell to 9.9, and 50.44% of stocks sit above the 40 SMA.
  • QQQ (up 1.17%, at 720.52) is a recovery, not a breakout, since it remains below its SMA 20 and SMA 50.
  • Hold RSPU (+2.42%), RSPM (+1.28%) and Dell (+2.19%); cut energy longs as RSPG fell 1.56% on declining crude.
  • Enter AWI on a reclaim of 156.36, backed by 3.3 relative volume.
  • Watch IWM at 279.86; a push through 284.64 triggers the setup. Fade energy until short-term 20 SMA participation rebuilds from 29%.

Ticker charts

QQQ

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 QQQ in WaveFinder.

Daily bars through Oct 27, 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 Oct 26, 2026.

RSPM

Chart unavailable

No daily price history for RSPM through Oct 27, 2026.

DELL

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 DELL in WaveFinder.

Daily bars through Oct 27, 2026.

RSPG

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 RSPG in WaveFinder.

Daily bars through Oct 23, 2026.

AWI

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 AWI in WaveFinder.

Daily bars through Oct 27, 2026.

IWM

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 IWM in WaveFinder.

Daily bars through Oct 27, 2026.

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