Power Hour #116: Don’t Trust the Bounce: Breadth Craters as Panic Fades – Tuesday 9/29/2026

Episode summary

With sixty minutes to the close, panic selling has eased but market breadth has collapsed to just 11% of stocks above their 20-day average. The hosts break down why the bear count drop is exhaustion, not confirmation, and lay out a defensive playbook: hold AMAT, cut Energy and Materials, and watch one number — breadth — to see if tomorrow’s bounce is real.