Midday Market
Midday Wave #97: The Undertow: When Breadth Lies About the Tide – Thursday 8/27/2026
0:004:58
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Episode summary
Bulls beat bears 153-to-40 on today’s scan, but underneath that headline the 20SMA breadth collapsed 11 points and the 40SMA sentiment flipped bearish. The team breaks down sector rotation into Communication Services and Health Care, separates volume-confirmed continuation leaders from hollow headline movers like BMNG, and sets two key levels — CBRS and PANW — to watch into the close.