Episode · the market · Nov 10, 1:37 PM

NOW: 2026-11-10T18:37Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 18:33Z setup, P1, salience 66: PNW new session high: closed 105.995 above 105.88 on 2.6× its median minute volume today; opening range 104.76-105.08.
- 18:34Z setup, P1, salience 86: FAST opening-range breakout (first 15 min): closed 54.8 above 54.74 on 10.1× its median minute volume today; opening range 54.34-54.74.
- 18:34Z setup, P1, salience 83: EL opening-range breakout (first 15 min): closed 113.23 above 112.86 on 4.6× its median minute volume today; opening range 112.36-112.86.
- 18:34Z setup, P1, salience 77: SW opening-range breakout (first 15 min): closed 44.25 above 44.14 on 3.8× its median minute volume today; opening range 43.79-44.14.
- 18:34Z setup, P1, salience 76: HLN opening-range breakout (first 15 min): closed 9.075 above 9.07 on 3.8× its median minute volume today; opening range 9.02-9.07.
- 18:35Z setup, P1, salience 80: FCN opening-range breakout (first 15 min): closed 198.33 above 194.05 on 3.1× its median minute volume today; opening range 194.05-194.05.
- 18:36Z setup, P1, salience 79: UPS opening-range breakout (first 15 min): closed 110.87 above 110.62 on 4.2× its median minute volume today; opening range 109.9-110.62.
- 18:36Z setup, P1, salience 75: OMC opening-range breakout (first 15 min): closed 88.84 above 88.09 on 3.2× its median minute volume today; opening range 87.58-88.09.
- 18:36Z setup, P1, salience 74: DOC opening-range breakout (first 15 min): closed 20.5 above 20.48 on 3.6× its median minute volume today; opening range 20.29-20.48.
- 18:36Z setup, P1, salience 71: COR opening-range breakout (first 15 min): closed 349.41 above 347.3 on 2.9× its median minute volume today; opening range 345.05-347.3.
- 18:37Z setup, P1, salience 64: GAP new session high: closed 22.025 above 21.99 on 2.3× its median minute volume today; opening range 21.72-21.93.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3447.57 · equity $10206.34 (+2.06%) · today -0.12% · 9 stocks, 0 options positions
- MPC: 1 shares at 383.85, now 389.63 (1.57%), 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 250.33 (0.60%), 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 196.285 (0.43%), 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 190.87 (-4.04%), 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 23.305 (-1.08%), 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 747.425 (-0.01%), 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 49.49 (-6.41%), 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 141.16 (-1.84%), 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 348.53 (-1.03%), 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 ($2551.59). 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; $3243.44 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 747.425 (-0.7%), QQQ 671.135 (-1.12%), IWM 280, DIA 520.6, VIXY 18.575, TLT 80.68

SUBJECT PNW
- 106.08; technicals: u… [cut: 10,928 characters in all]

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "The session is closed (18:37Z ET). The closing window rules apply, and no new entries are permitted. All observed setups lack confirmed catalysts and are late-day breakouts. No exits are triggered. Book remains unchanged."
}