Episode · the market · Nov 10, 3:02 PM

NOW: 2026-11-10T20:02Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 19:58Z setup, P1, salience 86: VLTO opening-range breakout (first 15 min): closed 118.435 above 118.28 on 13.4× its median minute volume today; opening range 117.78-118.28.
- 19:59Z setup, P1, salience 86: AIZ new session high: closed 322.92 above 322.31 on 9.6× its median minute volume today; opening range 316.81-318.24.
- 19:59Z setup, P1, salience 86: BAX new session high: closed 26.43 above 26.38 on 7.4× its median minute volume today; opening range 25.94-26.08.
- 19:59Z setup, P1, salience 85: MTDR new session high: closed 50.49 above 50.41 on 4.8× its median minute volume today; opening range 48.31-48.96.
- 20:01Z setup, P1, salience 73: BSX new session high: closed 44.595 above 44.5 on 3.3× its median minute volume today; opening range 43.73-44.07.
- 20:01Z setup, P1, salience 63: XLC opening-range breakout (first 15 min): closed 107.545 above 107.43 on 2.1× its median minute volume today; opening range 107.05-107.43.
- 20:02Z setup, P1, salience 71: CVS new session high: closed 88.28 above 88.19 on 3.2× its median minute volume today; opening range 85.47-86.51.
- 20:02Z setup, P1, salience 70: VCRM opening-range breakout (first 15 min): closed 74.46 above 74.36 on 3× its median minute volume today; opening range 74.31-74.36.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3829.51 · equity $10217.65 (+2.18%) · today -0.01% · 8 stocks, 0 options positions
- MPC: 1 shares at 383.85, now 389.5 (1.45%), 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 (0.62%), 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 196.125 (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.
- S: 107 shares at 23.57, now 23.385 (-0.78%), 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 748.445 (0.11%), 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 49.73 (-6.08%), 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 141.485 (-1.53%), 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 350.06 (-0.60%), 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 ($2554.41). 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; $3625.16 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2554); 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 748.445 (-0.57%), QQQ 671.94 (-1.01%), IWM 279.94, DIA 521.56, VIXY 18.4682, TLT 80.92

SUBJECT VLTO
- 118.47; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
c205bb97ef3b [Nov 9, 3:20 PM ET | T1 anomaly | price shock | sev 57 | -0.1% since] VLTO +0.51% in 1 min (z 4.11 after removing SPY's move)
</untrusted>

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

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

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

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

SUBJECT XLC
- 107.54; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
7db9aaa11e8d [Nov 10, 11:38 AM ET | T1 anomaly | volume shock | sev 33 | +0.5% since] XLC traded 5.79× its median 1-minute IEX volume (+0.02%)
3bbffe6543fa [Nov 10, 11:16 AM ET | T1 anomaly | volume shock | sev 33 | +0.5% since] XLC traded 11.59× its median 1-minute IEX volume (+0.09%)
e62c2b06… [cut: 9,969 characters in all]

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [
    {
      "subject": "VLTO",
      "text": "P1 setup at 19:58Z: ORB above 118.28 on 13.4x vol. Price 118.47. No news in last 24h (only T1 anomaly). Closing window (17:00-18:00 ET) is active; new entries not allowed. Will monitor for next session open."
    },
    {
      "subject": "AIZ",
      "text": "P1 setup at 19:59Z: New session high 322.92 on 9.6x vol. No news. Closing window active. Monitor for next session."
    },
    {
      "subject": "BAX",
      "text": "P1 setup at 19:59Z: New session high 26.43 on 7.4x vol. No news. Closing window active. Monitor for next session."
    },
    {
      "subject": "MTDR",
      "text": "P1 setup at 19:59Z: New session high 50.49 on 4.8x vol. No news. Closing window active. Monitor for next session."
    },
    {
      "subject": "BSX",
      "text": "P1 setup at 20:01Z: New session high 44.595 on 3.3x vol. No news. Closing window active. Monitor for next session."
    },
    {
      "subject": "XLC",
      "text": "P1 setup at 20:02Z: ORB above 107.43 on 2.1x vol. Volume shocks only. Closing window active. Monitor for next session."
    },
    {
      "subject": "CVS",
      "text": "P1 setup at 20:02Z: New session high 88.28 on 3.2x vol. No news. Closing window active. Monitor for next session."
    },
    {
      "subject": "VCRM",
      "text": "P1 setup at 20:01Z: ORB above 74.36 on 3x vol. No news. Closing window active. Monitor for next session."
    }
  ],
  "reply": "It is 20:02Z ET, inside the closing window (17:00-18:00 ET). Per rules, no new entries are allowed in the closing window. I have noted the 8 P1 setups (VLTO, AIZ, BAX, MTDR, BSX, XLC, CVS, VCRM) for review at the next session open. No positions were traded."
}