Episode · the market · Nov 10, 12:03 PM

NOW: 2026-11-10T17:03Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 16:59Z setup, P1, salience 63: ADC opening-range breakout (first 15 min): closed 70.04 above 69.8 on 2× its median minute volume today; opening range 69.8-69.8.
- 17:01Z setup, P1, salience 87: MOS new session high: closed 22.495 above 22.41 on 20.7× its median minute volume today; opening range 21.72-22.1.
- 17:01Z setup, P1, salience 86: PDBC new session high: closed 18.29 above 18.26 on 100.2× its median minute volume today; opening range 18.12-18.16.
- 17:01Z setup, P1, salience 86: PLTD opening-range breakout (first 15 min): closed 5.26 above 5.25 on 5.6× its median minute volume today; opening range 5.17-5.25.
- 17:01Z setup, P1, salience 86: EQT new session high: closed 51.46 above 51.38 on 21.4× its median minute volume today; opening range 49.44-50.01.
- 17:01Z setup, P1, salience 74: ED opening-range breakout (first 15 min): closed 119.03 above 118.75 on 3.5× its median minute volume today; opening range 117.81-118.75.
- 17:02Z setup, P1, salience 86: DE opening-range breakout (first 15 min): closed 689.67 above 687.95 on 16.3× its median minute volume today; opening range 679.69-687.95.
- 17:03Z setup, P1, salience 86: FNDX opening-range breakout (first 15 min): closed 32.64 above 32.59 on 7.6× its median minute volume today; opening range 32.56-32.59.
- 17:03Z setup, P1, salience 86: DE new session high: closed 690.38 above 689.67 on 24.2× its median minute volume today; opening range 679.69-687.95.
- 17:03Z setup, P1, salience 79: SCHV opening-range breakout (first 15 min): closed 34.54 above 34.51 on 4.2× its median minute volume today; opening range 34.47-34.51.
- 17:03Z setup, P1, salience 74: NTR new session high: closed 72.3 above 71.86 on 3.3× its median minute volume today; opening range 70.37-71.53.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3447.57 · equity $10209.09 (+2.09%) · today -0.09% · 9 stocks, 0 options positions
- MPC: 1 shares at 383.85, now 389.39 (1.42%), 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 249.87 (0.43%), 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 195.995 (0.39%), 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 192.5 (-3.29%), 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 23.315 (-1.10%), 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 746.595 (-0.15%), 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 49.71 (-6.14%), 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 142.06 (-1.26%), 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 348.97 (-0.91%), 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 ($2552.27). 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; $3243.39 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2552); 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 746.6 (-0.81%), QQQ 670.45 (-1.23%), IWM 278.66, DIA 519.91, VIXY 18.835, TLT 80.61

SUBJECT ADC
- 70.04; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<unt… [cut: 10,959 characters in all]

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "It is 17:03Z ET, inside the closing window (17:00-18:00). Rules prohibit new entries. I am reviewing the 9 positions in the book; none show news-breaking-the-trend or stop-out conditions, so I hold all of them."
}