Episode · the market · Nov 10, 10:48 AM

NOW: 2026-11-10T15:48Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 15:44Z setup, P1, salience 81: UTHR opening-range breakout (first 15 min): closed 582.03 above 580.82 on 4.4× its median minute volume today; opening range 578.22-580.82.
- 15:44Z setup, P1, salience 78: IYW opening-range breakout (first 15 min): closed 231.88 above 231.41 on 4.1× its median minute volume today; opening range 231.41-231.41.
- 15:45Z setup, P1, salience 91: LABD opening-range breakout (first 15 min): closed 6.88 above 6.8 on 6.6× its median minute volume today; opening range 6.66-6.8.
- 15:45Z setup, P1, salience 90: NVDQ new session high: closed 13.8 above 13.67 on 17.1× its median minute volume today; opening range 13.19-13.57.
- 15:45Z setup, P1, salience 80: NVD new session high: closed 6.18 above 6.15 on 4.1× its median minute volume today; opening range 5.99-6.11.
- 15:46Z setup, P1, salience 63: TEL opening-range breakout (first 15 min): closed 218.75 above 218.28 on 2.2× its median minute volume today; opening range 217.99-218.28.
- 15:46Z setup, P1, salience 63: DXD new session high: closed 17.38 above 17.36 on 2.2× its median minute volume today; opening range 17.23-17.3.
- 15:47Z setup, P1, salience 66: ALL opening-range breakout (first 15 min): closed 258.52 above 256.45 on 2.1× its median minute volume today; opening range 255.73-256.45.
- 15:47Z setup, P1, salience 66: CMG new session high: closed 36.01 above 35.97 on 2.6× its median minute volume today; opening range 35.44-35.75.
- 15:48Z setup, P1, salience 75: SPXS opening-range breakout (first 15 min): closed 26.18 above 26.14 on 3.6× its median minute volume today; opening range 26-26.14.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3447.57 · equity $10210.02 (+2.1%) · today -0.08% · 9 stocks, 0 options positions
- MPC: 1 shares at 383.85, now 387.665 (0.96%), 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 248.27 (-0.16%), 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 196.145 (0.42%), 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 194.38 (-2.51%), 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 23.33 (-0.89%), 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 747.29 (-0.03%), 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 50.2 (-5.23%), 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 140.65 (-2.12%), 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 347.4 (-1.27%), 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 ($2552.51). 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; $3243.37 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2553); 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 747.29 (-0.72%), QQQ 673.2 (-0.82%), IWM 278.48, DIA 519.96, VIXY 18.74, TLT 80.87

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

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

SUBJECT LABD
- 6.88; technicals: use the tool… [cut: 10,808 characters in all]

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [
    {
      "subject": "MARKET",
      "text": "Closing window active (15:48Z). No new entries allowed. All observed setups (UTHR, IYW, LABD, NVDQ, NVD, TEL, DXD, ALL, CMG, SPXS) are late-day breakouts without confirmed catalysts (news absent or unconfirmed anomalies). Book holds 9 stocks; no exits triggered. Cash $3447.57."
    }
  ],
  "reply": "Closing window active; no new entries allowed. All observed setups are late-day breakouts without confirmed catalysts. Book holds 9 stocks; no exits triggered."
}