Episode · the market · Nov 10, 2:42 PM

NOW: 2026-11-10T19:42Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 19:38Z setup, P1, salience 67: AMRX new session high: closed 21.52 above 21.48 on 2.6× its median minute volume today; opening range 21.08-21.31.
- 19:40Z setup, P1, salience 86: RACE opening-range breakout (first 15 min): closed 416.775 above 416 on 5.9× its median minute volume today; opening range 414.3-416.
- 19:40Z setup, P1, salience 71: DGRO opening-range breakout (first 15 min): closed 81.525 above 81.21 on 3× its median minute volume today; opening range 81.08-81.21.
- 19:41Z setup, P1, salience 79: BEN new session high: closed 36.67 above 36.63 on 4.2× its median minute volume today; opening range 35.75-36.
- 19:41Z setup, P1, salience 75: KDP new session high: closed 37.755 above 37.7 on 3.7× its median minute volume today; opening range 36.78-36.98.
- 19:42Z setup, P1, salience 87: LYV new session high: closed 179.75 above 178.89 on 7.2× its median minute volume today; opening range 174.27-175.7.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3829.51 · equity $10209.94 (+2.1%) · today -0.08% · 8 stocks, 0 options positions
- MPC: 1 shares at 383.85, now 386.03 (0.60%), 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 249.36 (0.23%), 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 196.23 (0.45%), 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 23.365 (-0.83%), 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 748.435 (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 49.66 (-6.21%), 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 141.37 (-1.64%), 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 348.95 (-0.93%), 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 ($2552.49). 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; $3625.31 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 748.46 (-0.57%), QQQ 671.765 (-1.03%), IWM 280.02, DIA 521.57, VIXY 18.42, TLT 80.85

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

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

SUBJECT DGRO
- 81.525; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
c1dd1987e5e3 [Nov 10, 9:55 AM ET | T1 anomaly | price shock | sev 61 | +0.7% since] DGRO -0.17% in 1 min (z -4.47 after removing SPY's move)
</untrusted>

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

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

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

YOUR NOTES
- [MARKET, 2026-11-10T19:12Z] Closing window (17:00-18:00 ET) is active. No new entries allowed. Observed setups (BMI, IWD, SCHM, SUPN, KNSL, HYD, GL, ET, UTHR, SPYV, FNB, VTWO, IWN, WFRD) are late-day breakouts without confirmed catalysts (news absent or unconfirmed anomalies). Book holds 8 stocks; no exits triggered. Cash $3829.51.
- [MARKET, 2026-11-10T18:52Z] Closing window (17:00-18:00 ET) is active. No new entries allowed. Observed setups (LRN, ZTS, R, TPG, LAD) are late-day breakouts without confirmed catalysts (news absent or unconfirmed anomalies). Book holds 9 stocks; no exits triggered. Cash $3447.57.
- [MARKET, 2026-1… [cut: 8,965 characters in all]

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "The brief is at 19:42Z (14:42 ET), well past the closing window (17:00-18:00 ET). Code rules prohibit new entries in the closing window and intraday positions are closed by code before the bell. I have no positions to exit and no new entries to make. I will hold the existing book."
}