Episode · the market · Nov 10, 11:38 AM

NOW: 2026-11-10T16:38Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 16:34Z setup, P1, salience 86: MANH new session high: closed 253.43 above 253.05 on 59.4× its median minute volume today; opening range 248.73-252.52.
- 16:34Z setup, P1, salience 84: LRN opening-range breakout (first 15 min): closed 76.69 above 76.5 on 4.7× its median minute volume today; opening range 76.35-76.5.
- 16:34Z setup, P1, salience 78: GL opening-range breakout (first 15 min): closed 163.435 above 162.59 on 3.7× its median minute volume today; opening range 162.59-162.59.
- 16:34Z setup, P1, salience 72: REG opening-range breakout (first 15 min): closed 76.135 above 75.7 on 3× its median minute volume today; opening range 75.52-75.7.
- 16:34Z setup, P1, salience 71: HDV opening-range breakout (first 15 min): closed 30.5 above 30.45 on 3.1× its median minute volume today; opening range 30.38-30.45.
- 16:35Z setup, P1, salience 68: STAK opening-range breakout (first 15 min): closed 5.355 above 5.28 on 2× its median minute volume today; opening range 5.28-5.28.
- 16:36Z setup, P1, salience 86: PRU opening-range breakout (first 15 min): closed 123 above 122.69 on 6.4× its median minute volume today; opening range 121.94-122.69.
- 16:36Z setup, P1, salience 76: BAP new session high: closed 371.22 above 370.67 on 3.8× its median minute volume today; opening range 344.17-351.95.
- 16:38Z setup, P1, salience 86: ARCC opening-range breakout (first 15 min): closed 19.41 above 19.36 on 10.7× its median minute volume today; opening range 19.28-19.36.
- 16:38Z setup, P1, salience 65: CMS opening-range breakout (first 15 min): closed 69.575 above 69.49 on 2.5× its median minute volume today; opening range 69.01-69.49.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3447.57 · equity $10224.04 (+2.24%) · today +0.06% · 9 stocks, 0 options positions
- MPC: 1 shares at 383.85, now 389.41 (1.47%), 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 249.99 (0.50%), 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 195.935 (0.32%), 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 191.07 (-3.97%), 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 23.465 (-0.40%), 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 747.46 (-0.05%), 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 50.035 (-5.50%), 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 141.285 (-1.59%), 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 349.46 (-0.78%), 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 ($2556.01). 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; $3243.09 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2556); 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 747.46 (-0.7%), QQQ 672.535 (-0.92%), IWM 278.79, DIA 520.01, VIXY 18.78, TLT 80.71

SUBJECT MANH
- 253.05; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
fe0b8f35912c [Nov 9, 12:36 PM ET | T1 anomaly | price shock | sev 57 | +0.2% sin… [cut: 11,376 characters in all]

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "The session is in the closing window (16:38Z ET). Rules prohibit new entries. No positions in the book require action."
}