Episode · the market · Nov 10, 1:08 PM

NOW: 2026-11-10T18:08Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 18:04Z setup, P1, salience 86: QSR opening-range breakout (first 15 min): closed 77.64 above 77.43 on 5.7× its median minute volume today; opening range 77.13-77.43.
- 18:05Z setup, P1, salience 86: WPC opening-range breakout (first 15 min): closed 65.84 above 65.67 on 29.3× its median minute volume today; opening range 65.49-65.67.
- 18:05Z setup, P1, salience 84: QSR new session high: closed 77.72 above 77.64 on 4.8× its median minute volume today; opening range 77.13-77.43.
- 18:06Z setup, P1, salience 82: CNC new session high: closed 69.2 above 69.11 on 4.5× its median minute volume today; opening range 68.22-68.99.
- 18:06Z setup, P1, salience 68: PSA opening-range breakout (first 15 min): closed 336.76 above 336.4 on 2.8× its median minute volume today; opening range 334.03-336.4.
- 18:06Z setup, P1, salience 62: RRC new session high: closed 51.21 above 51.1 on 2× its median minute volume today; opening range 48.56-49.11.
- 18:07Z setup, P1, salience 67: VSXY opening-range breakout (first 15 min): closed 111.71 above 111.39 on 2.6× its median minute volume today; opening range 110.31-111.39.
- 18:08Z setup, P1, salience 65: CASY opening-range breakout (first 15 min): closed 695.295 above 694 on 2.3× its median minute volume today; opening range 693-694.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3447.57 · equity $10183.03 (+1.83%) · today -0.35% · 9 stocks, 0 options positions
- MPC: 1 shares at 383.85, now 390.23 (1.68%), stop 312.05, target none, LONG-TERM BOOK (rules-managed: held for months until a week closes below its 200-day average; sell it yourself only on news that breaks the long-term case), multi_day horizon, opened 10:00 AM ET. Thesis: Long-term leader: 12-month return 148.9% (skipping the last month), 25.9% above its 200-day average Invalidation: A week closing below its 200-day average (a leader also: its trailing stop, or dropping out of the top at a month's refresh).
- PSX: 2 shares at 248.78, now 250.53 (0.72%), stop 212.58, target none, LONG-TERM BOOK (rules-managed: held for months until a week closes below its 200-day average; sell it yourself only on news that breaks the long-term case), multi_day horizon, opened 10:01 AM ET. Thesis: Long-term leader: 12-month return 107.2% (skipping the last month), 21.7% above its 200-day average Invalidation: A week closing below its 200-day average (a leader also: its trailing stop, or dropping out of the top at a month's refresh).
- PTC: 7 shares at 195.33, now 195.99 (0.34%), stop 190.75, target none, TREND CORE (rules-managed: its stop trails and a close below the 50-day average sells it; sell it yourself only on news that breaks the trend), multi_day horizon, opened 10:01 AM ET. Thesis: Trend core: 16.8% above a 50-day average 12.9% over the 200-day; 6-month 33% at 1.17% daily ATR (strength 28.2); 100% of its 52-week high Invalidation: The trailing stop, or a close below the 50-day average.
- RVMD: 2 shares at 198.96, now 190.555 (-4.22%), stop 160.43, target none, LONG-TERM BOOK (rules-managed: held for months until a week closes below its 200-day average; sell it yourself only on news that breaks the long-term case), multi_day horizon, opened 10:00 AM ET. Thesis: Long-term leader: 12-month return 217.0% (skipping the last month), 21.8% above its 200-day average Invalidation: A week closing below its 200-day average (a leader also: its trailing stop, or dropping out of the top at a month's refresh).
- S: 107 shares at 23.57, now 23.095 (-1.99%), stop 22.66, target 25, multi_day horizon, opened 9:46 AM ET. Thesis: Strongest setup: price above SMA20/50/200, positive 5d return, heavy volume breakout. Opening range low 22.66 provides tight stop. Reward 6% vs risk 4% (R:R > 1.2). Invalidation: Price closes below 22.66.
- SPY: 1 shares at 747.67, now 746.035 (-0.22%), stop none, target none, LONG-TERM BOOK (rules-managed: held for months until a week closes below its 200-day average; sell it yourself only on news that breaks the long-term case), multi_day horizon, opened 10:00 AM ET. Thesis: Long-term book: SPY at 15% of equity, held while its weekly close stays above its 200-day average: last week closed at 735.29, 0.67% vs its 200-day average 730.38. Invalidation: A week closing below its 200-day average (a leader also: its trailing stop, or dropping out of the top at a month's refresh).
- U: 2 shares at 52.97, now 49.08 (-7.38%), stop 47.67, target none, TREND CORE (rules-managed: its stop trails and a close below the 50-day average sells it; sell it yourself only on news that breaks the trend), multi_day horizon, opened 10:01 AM ET. Thesis: Trend core: 21.2% above a 50-day average 34% over the 200-day; 6-month 82.8% at 5.23% daily ATR (strength 15.84); 97% of its 52-week high Invalidation: The trailing stop, or a close below the 50-day average.
- USO: 3 shares at 143.74, now 141.73 (-1.40%), stop 115.75, target none, LONG-TERM BOOK (rules-managed: held for months until a week closes below its 200-day average; sell it yourself only on news that breaks the long-term case), multi_day horizon, opened 10:00 AM ET. Thesis: Long-term leader: 12-month return 107.8% (skipping the last month), 17.8% above its 200-day average Invalidation: A week closing below its 200-day average (a leader also: its trailing stop, or dropping out of the top at a month's refresh).
- VLO: 1 shares at 352.24, now 349.945 (-0.65%), stop 300.25, target none, LONG-TERM BOOK (rules-managed: held for months until a week closes below its 200-day average; sell it yourself only on news that breaks the long-term case), multi_day horizon, opened 10:00 AM ET. Thesis: Long-term leader: 12-month return 160.8% (skipping the last month), 19.4% above its 200-day average Invalidation: A week closing below its 200-day average (a leader also: its trailing stop, or dropping out of the top at a month's refresh).

LIMITS (enforced by code)
- Market: the regular session. New buys: allowed.
- Your envelope: 2/8 entries in 24 h, 0/3 in the last hour, 1/4 open; one action per ticker per 30 min; no re-entry for 6 h after a stop-out or 2 h after an exit.
- Sizing is code's: a buy risks 1% of equity at its stop (×0.75 at conviction 6, up to ×1.25 at 10), up to 25% of equity per position ($2545.76). A closer stop means more shares; leave allocation_pct null.
- Risk checks: 3/8 positions; conviction ≥ 6/10 (no intraday buys in the closing window); price ≥ $5; stop 0.4-10% below the price (default 2.5%); reward:risk ≥ 1.2; no rebuy within 15 min of a sale; $3243.91 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2546); at most 4% of equity per position; 0/6 positions; conviction ≥ 7; long calls and puts, call and put debit spreads; buy |delta| 0.25-0.7, 7-45 days to expiration; contracts only from an option_menu result in this episode; exits default to -60% / +150% of the position's value, and code closes positions before expiration.
- Intraday stock positions are closed by code in the last minutes of the session; overnight and multi-day ones stay. Stops and targets rest at the broker as bracket or OCO orders, and once a position is up by its stop distance code trails its stop at that distance behind the price.

MARKET
- SPY 746.035 (-0.89%), QQQ 669.005 (-1.44%), IWM 279.38, DIA 520.11, VIXY 18.815, TLT 80.63

SUBJECT QSR
- 77.55; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
e913ff3dfcf5 [Nov 10, 1:04 PM ET | T1 anomaly | price shock | sev 62 | -0.1% since] QSR +0.50% in 1 min (z 4.54 after removing SPY's move)
</untrusted>

SUBJECT WPC
- 65.84; technicals: use the tools
- news: nothing in our feeds about it in the last 24 h

SUBJECT CNC
- 69.29; technicals: use the tools
- news: nothing in our feeds about it in the last 24 h

SUBJECT PSA
- 336.7; technicals: use the tools
- news: nothing in our feeds about it… [cut: 10,219 characters in all]

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "It is 18:08Z ET, well past the 18:00 ET market close. The regular session is over, and the closing window rules prevent new entries. All observed setups are from the closing period and lack confirmed catalysts. No positions in the book require action at this time."
}