Midday Wave #114: Sprinter vs. Marathon: Breadth Diverges at Midday – Tuesday 9/22/2026

Episode summary

Short-term breadth exploded 14 points intraday while the 40SMA regime stayed stuck below neutral, exposing a growing split between fast and slow signals. Medical names dominate the actionable tape — NTRA, VRTX, ALMR, and FPS — while rising Bear 4% counts argue for controlled-risk sizing into the close.