Episode · the market · Nov 3, 11:08 AM

NOW: 2026-11-03T16:08Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 16:04Z setup, P1, salience 86: SMH opening-range breakout (first 15 min): closed 524.2 above 523.62 on 6.2× its median minute volume today; opening range 518.07-523.62.
- 16:04Z setup, P1, salience 78: RXO opening-range breakout (first 15 min): closed 27.96 above 27.92 on 4× its median minute volume today; opening range 27.83-27.92.
- 16:04Z setup, P1, salience 73: SPYI opening-range breakout (first 15 min): closed 52.43 above 52.31 on 3.3× its median minute volume today; opening range 52.26-52.31.
- 16:04Z setup, P1, salience 72: TRP opening-range breakout (first 15 min): closed 64.05 above 63.72 on 3.1× its median minute volume today; opening range 63.3-63.72.
- 16:04Z setup, P1, salience 62: QQQM opening-range breakout (first 15 min): closed 283.41 above 282.85 on 2× its median minute volume today; opening range 281.7-282.85.
- 16:05Z setup, P1, salience 92: SSNC opening-range breakout (first 15 min): closed 81.76 above 80.71 on 6.1× its median minute volume today; opening range 80.63-80.71.
- 16:05Z setup, P1, salience 90: CRDO opening-range breakout (first 15 min): closed 151.2 above 149.67 on 8× its median minute volume today; opening range 143.28-149.67.
- 16:05Z setup, P1, salience 86: DFAC opening-range breakout (first 15 min): closed 45.03 above 44.87 on 4.9× its median minute volume today; opening range 44.84-44.87.
- 16:05Z setup, P1, salience 86: AVEM opening-range breakout (first 15 min): closed 86.28 above 86.18 on 5.5× its median minute volume today; opening range 85.94-86.18.
- 16:05Z setup, P1, salience 77: AEIS opening-range breakout (first 15 min): closed 243.71 above 240.81 on 3.2× its median minute volume today; opening range 232.68-240.81.
- 16:06Z setup, P1, salience 86: WOLF new session high: closed 22.65 above 22.45 on 4.5× its median minute volume today; opening range 21.47-22.3.
- 16:06Z setup, P1, salience 81: RBLX opening-range breakout (first 15 min): closed 46.21 above 44.36 on 3.3× its median minute volume today; opening range 43.38-44.36.
- 16:06Z setup, P1, salience 76: DOCS opening-range breakout (first 15 min): closed 32.86 above 32.55 on 3.2× its median minute volume today; opening range 32.29-32.55.
- 16:06Z setup, P1, salience 73: QUAL opening-range breakout (first 15 min): closed 222.38 above 221.97 on 3.3× its median minute volume today; opening range 221.56-221.97.
- 16:06Z setup, P1, salience 69: AXGN opening-range breakout (first 15 min): closed 50.4 above 50.17 on 2.7× its median minute volume today; opening range 49.88-50.17.
- 16:07Z setup, P1, salience 88: SOXL opening-range breakout (first 15 min): closed 76.27 above 75.75 on 7.3× its median minute volume today; opening range 72.64-75.75.
- 16:07Z setup, P1, salience 86: VFLO opening-range breakout (first 15 min): closed 53.74 above 53.68 on 5.9× its median minute volume today; opening range 53.46-53.68.
- 16:07Z setup, P1, salience 86: CIBR opening-range breakout (first 15 min): closed 97.86 above 97.67 on 5.2× its median minute volume today; opening range 95.97-97.67.
- 16:07Z setup, P1, salience 72: SEI opening-range breakout (first 15 min): closed 70.915 above 70.78 on 3.3× its median minute volume today; opening range 67.62-70.78.
- 16:07Z setup, P1, salience 71: NVTS new session high: closed 8.935 above 8.91 on 3× its median minute volume today; opening range 8.25-8.65.
- 16:08Z setup, P1, salience 92: FNGU opening-range breakout (first 15 min): closed 25.55 above 25.19 on 6× its median minute volume today; opening range 24.76-25.19.
- 16:08Z setup, P1, salience 86: ESI opening-range breakout (first 15 min): closed 35.11 above 35.06 on 28.8× its median minute volume today; opening range 34.67-35.06.
- 16:08Z setup, P1, salience 86: BLK new session high: closed 1170.86 above 1168.79 on 5.3× its median minute volume today; opening range 1155.53-1166.8.
- 16:08Z setup, P1, salience 86: USHY opening-range breakout (first 15 min): closed 35.56 above 35.52 on 15.4× its median minute volume today; opening range 35.51-35.52.
- 16:08Z setup, P1, salience 68: JBHT opening-range breakout (first 15 min): closed 225.34 above 223.55 on 2.3× its median minute volume today; opening range 223.55-223.55.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $9900.47 · equity $9900.47 (-1%) · today +0.1% · 0 stocks, 0 options positions
- no stock positions

LIMITS (enforced by code)
- Market: the regular session. New buys: allowed.
- Your envelope: 3/4 entries in 24 h, 1/2 in the last hour, 0/4 open; $912 more can be committed this hour; an entry is 50% of what the risk checks allow; one action per ticker per 30 min; no re-entry for 24 h after a stop-out or 6 h after an exit.
- Risk checks: at most 25% of equity per position ($2475.12); 0/8 positions; conviction ≥ 6/10 (≥ 8 for an overnight buy in the closing window, and none intraday then); price ≥ $5; stop 0.4-10% below the price (default 2.5%); reward:risk ≥ 1.2; no rebuy within 15 min of a sale; $9702.46 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2475); 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; stops and targets rest at the broker as bracket or OCO orders.

MARKET
- SPY 756.225 (+0.07%), QQQ 688.1 (-0.35%), IWM 281.78, DIA 517.9583, VIXY 18.165, TLT 81.33

SUBJECT SMH
- 523.55; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
30450839f3b8 [Nov 3, 9:51 AM ET | T1 anomaly | volume shock | sev 33 | +0.5% since] SMH traded 8.22× its median 1-minute IEX volume (-0.33%)
633e19a1266f [Nov 2, 12:48 PM ET | T1 anomaly | volume shock | sev 33 | +1.2% since] SMH traded 14.42× its median 1-minute IEX volume (-0.02%)
</untrusted>

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

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

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

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

SUBJECT SSNC
- 81.76; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
2c6af3ca5d38 [Nov 2, 11:09 AM ET | T2 globenewswire.com | guidance | sev 60] Wealth Management Software Market Size, Share, Trends, and Forecast, 2026-2033 | AI, Cloud, and Automation Drive 14.7% CAGR Toward USD 18.77 Billion (https://www.globenewswire.com/news-release/2026/11/02/3393494/28124/en/wealth-management-software-market-size-share-trends-and-forecast-2026-2033-ai-cloud-and-automation-drive-14-7-cagr-toward-usd-18-77-billion.html)
> machine summary of the article: ResearchAndMarkets.com reports the global wealth management software market was valued at USD 6.28 billion in 2025 and is projected to reach USD 18.77 billion by 2033. The market is expected to expand at a compound annual growth rate of 14.7% from 2026 to 2033. Growth is driven by digital advisory adoption, AI integration, and rising client demands for personalized services.
</untrusted>

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

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

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

SUBJECT AEIS
- 244.52; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
6… [cut: 11,338 characters in all]

{
  "decisions": [
    {
      "symbol": "SSNC",
      "action": "buy",
      "allocation_pct": 10,
      "sell_pct": 100,
      "stop_loss": 79.69,
      "take_profit": 85.85,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 7,
      "rationale": "SSNC broke above its 15-minute opening range high (80.71) on 6.1× median volume, closing at 81.76. Price is above VWAP (81.25) and SMA200 (74.17), with RSI at 50.1 indicating room to run. The move is supported by a T2 guidance news item about the wealth management software market growing at 14.7% CAGR. Reward:risk is >1.2 with a 2.5% stop.",
      "evidence": [
        "Price 81.76, OR high 80.71, volume 6.1× median",
        "Above VWAP 81.25 and SMA200 74.17",
        "RSI 50.1, ATR 1.95 (2.38%)",
        "T2 news: Wealth management software market CAGR 14.7%"
      ],
      "invalidation": "Price closes below VWAP (81.25) or breaks below the opening range low (80.63).",
      "structure_id": null,
      "option": null
    },
    {
      "symbol": "CRDO",
      "action": "buy",
      "allocation_pct": 10,
      "sell_pct": 100,
      "stop_loss": 147.19,
      "take_profit": 158.5,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 6,
      "rationale": "CRDO broke above its 15-minute opening range high (149.67) on 8× median volume, closing at 151.2. Price is above VWAP (148.41) and the opening range low (142.53). RSI at 64.8 shows momentum. No recent news, so this is a pure technical breakout. Given the high ATR (9.67%), a wider stop is appropriate.",
      "evidence": [
        "Price 151.2, OR high 149.67, volume 8× median",
        "Above VWAP 148.41",
        "RSI 64.8, ATR 14.6 (9.67%)",
        "No recent news"
      ],
      "invalidation": "Price closes below VWAP (148.41) or breaks below the opening range low (142.53).",
      "structure_id": null,
      "option": null
    },
    {
      "symbol": "SOXL",
      "action": "buy",
      "allocation_pct": 10,
      "sell_pct": 100,
      "stop_loss": 74.12,
      "take_profit": 79,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 6,
      "rationale": "SOXL broke above its 15-minute opening range high (75.75) on 7.3× median volume, closing at 76.27. Price is above VWAP (74.75) and the opening range low (72.64). RSI at 56.9 shows momentum. This is a deep oversold bounce (RSI 36.2 daily) with heavy volume. No recent news, so this is a pure technical breakout.",
      "evidence": [
        "Price 76.27, OR high 75.75, volume 7.3× median",
        "Above VWAP 74.75",
        "RSI 56.9 (5-min), 36.2 (daily), ATR 12.89 (16.95%)",
        "No recent news"
      ],
      "invalidation": "Price closes below VWAP (74.75) or breaks below the opening range low (72.64).",
      "structure_id": null,
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [
    {
      "subject": "SSNC",
      "text": "Bought at 81.76. Stop 79.69, Target 85.85. Intraday."
    },
    {
      "subject": "CRDO",
      "text": "Bought at 151.2. Stop 147.19, Target 158.5. Intraday."
    },
    {
      "subject": "SOXL",
      "text": "Bought at 76.27. Stop 74.12, Target 79.0. Intraday."
    }
  ],
  "reply": "Bought SSNC, CRDO, and SOXL on opening-range breakouts with heavy volume. All are intraday positions with stops and targets set."
}