Episode · the market · Nov 6, 2:03 PM

NOW: 2026-11-06T19:03Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 18:59Z setup, P1, salience 86: NXPI new session high: closed 250.39 above 250.02 on 18.5× its median minute volume today; opening range 243.47-248.67.
- 19:00Z setup, P1, salience 86: SPG new session high: closed 229.56 above 229.29 on 5.3× its median minute volume today; opening range 224.15-226.92.
- 19:00Z setup, P1, salience 66: CNP new session high: closed 40.51 above 40.46 on 2.6× its median minute volume today; opening range 39.17-39.65.
- 19:00Z setup, P1, salience 63: SNPS opening-range breakout (first 15 min): closed 447.31 above 446.62 on 2.1× its median minute volume today; opening range 440.99-446.62.
- 19:01Z setup, P1, salience 77: POWL opening-range breakout (first 15 min): closed 131.135 above 131 on 3.9× its median minute volume today; opening range 129.93-131.
- 19:01Z setup, P1, salience 72: UCTT opening-range breakout (first 15 min): closed 40.87 above 40.8 on 3.2× its median minute volume today; opening range 39.53-40.8.
- 19:02Z setup, P1, salience 70: MTZ new session high: closed 172.62 above 171.82 on 2.8× its median minute volume today; opening range 163.48-166.2.
- 19:03Z setup, P1, salience 72: COMP new session high: closed 10.385 above 10.37 on 3.3× its median minute volume today; opening range 9.27-9.81.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $9901.35 · equity $9901.35 (-0.99%) · today +0% · 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, 0/2 in the last hour, 0/4 open; $990 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 ($2475.34); 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; $9703.32 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 738.395 (-3.7%), QQQ 658.66 (-4.77%), IWM 273.97, DIA 514.22, VIXY 20.21, TLT 82.125

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

SUBJECT SPG
- 229.505; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
ef7be7530ad9 [Nov 5, 4:09 PM ET | T1 sec.gov | earnings | sev 65] SPG 8-K: 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure (https://www.sec.gov/Archives/edgar/data/1063761/000110465926123325/0001104659-26-123325-index.htm)
a524c43fc883 [Nov 5, 4:34 PM ET | T2 prnewswire.com | guidance | sev 55] Simon Property Group Reports Third Quarter 2026 Results and Increases Full-Year Guidance (https://www.prnewswire.com/news-releases/simon-reports-third-quarter-2026-results-increases-guidance-for-full-year-2026-real-estate-ffo-per-share-and-raises-quarterly-dividend-302931196.html)
> machine summary of the article: Simon reported third quarter 2026 net income of $499.0 million and Real Estate FFO of $1.277 billion, with CEO Eli Simon citing increased rents and occupancy. The company raised its full-year 2026 Real Estate FFO per share guidance to $13.30–$13.40 and declared a $2.30 quarterly dividend. Simon also repurchased 1,137,182 shares for $236.5 million and completed $800 million in senior notes.
f227f7ba7b6d [Nov 5, 9:10 PM ET | T2 zacks.com | earnings | sev 51] Compared to Estimates, Simon Property (SPG) Q3 Earnings: A Look at Key Metrics (https://www.zacks.com/stock/news/3024966/compared-to-estimates-simon-property-spg-q3-earnings-a-look-at-key-metrics?cid=CS-ZC-FT-fundamental_analysis|nfm-3024966)
</untrusted>

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

SUBJECT SNPS
- 446.43; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
c73bac8c59e4 [Nov 5, 4:33 PM ET | T2 morningstar.com | earnings | sev 51] Synopsys Announces Earnings Release Date For Fourth Quarter and Fiscal Year 2026 (https://www.morningstar.com/news/pr-newswire/20261105sf90474/synopsys-announces-earnings-release-date-for-fourth-quarter-and-fiscal-year-2026)
</untrusted>

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

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

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

SUBJECT COMP
- 10.385; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
0132f1e1f420 [Nov 5, 4:08 PM ET | T1 sec.gov | earnings | sev 60] COMP 8-K: 2.02 Results of Operations and Financial Condition (https://www.sec.gov/Archives/edgar/data/1563190/000156319026000175/0001563190-26-000175-index.htm)
</untrusted>

YOUR NOTES
- [MARKET, 2026-11-06T13:15Z] October Jobs report drops at 08:30 ET (15 min). Market is closed; new buys blocked until open. Will wait for the data release and initial volatility to settle before evaluating intraday or swing setups. Watches for VCRM and JMUB remain active.
- [MARKET, 2026-11-05T16:01Z] All 18 P1 setups are opening-range breakouts or new session highs occurring in the closing window (15:57-16:01Z) with no fundamental catalysts in our feeds. Conviction is low due to lack of news and the closing window environment. No new entries.
- [MARKET, 2026-11-04T21:10Z] Market closed higher (SPY +1.48%). No positions held. Ready for tomorrow's open to look for setups.
- [MARKET, 2026-11-04T20:40Z] Closing window (20:40Z). All intraday positions (BUG, SNX) will be closed by code. No new entries permitted by envelope (3/4 in 24h, 0/2 in last hour, but closing window rules and prior fullness apply). No new entries.
- [MARKET, 2026-11-04T16:19Z] Closing window (16:18Z). All intraday positions will be closed by code. No new entries permitted by envelope (4/4 in 24h).

YOUR WATCHES
- 2e62424e-5404-4d44-9178-df253c9e5011: VCRM below 74.22, until 2026-11-06T19:26Z. Note: VCRM OR low 74.22. Breakout failed if price reclaims below 74.22; review for potential short or wait for retest of 74.18-74.22 range.
- 4677d352-1b90-4c35-ac57-13ded726fc05: JMUB below 49.18, until 2026-11-06T19:20Z. Note: JMUB OR low 49.18. Breakout failed if price reclaims below 49.18; review for potential short or wait for retest of 49.22-49.29 range.

{
  "decisions": [
    {
      "symbol": "SPG",
      "action": "buy",
      "allocation_pct": 10,
      "sell_pct": 100,
      "stop_loss": 223.5,
      "take_profit": 240,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 7,
      "rationale": "SPG broke its 15-min opening range (227.01) and closed at 229.56 on 5.3× volume, confirming a strong intraday breakout. The setup is supported by a recent earnings beat and raised full-year guidance (Nov 5), providing fundamental tailwinds. Price is above VWAP (227.99) and EMAs, with RSI at 67.6, indicating strength without being overextended. Stop is set below the day's low (224.15) and the OR low (227.01) for a safe buffer. Target is near the 52-week high (238.33) for a favorable risk/reward ratio.",
      "evidence": [
        "Closed 229.56 above OR high 227.01 on 5.3× median volume.",
        "Nov 5 earnings: Q3 FFO beat, raised FY guidance to $13.30-13.40.",
        "Price above VWAP (227.99) and SMA20 (212.34)."
      ],
      "invalidation": "A close below the opening range low (227.01) or the day's VWAP (227.99) would invalidate the breakout momentum.",
      "structure_id": null,
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "Entered SPG on the confirmed opening-range breakout supported by strong Q3 earnings and raised guidance. Exited the other setups (NXPI, POWL) as they lacked the same combination of volume, technical confirmation, and fundamental catalyst, or were in less favorable technical contexts (e.g., POWL in a strong downtrend)."
}