Episode · NVD · Nov 13, 10:22 AM

NOW: 2026-11-13T15:22Z

WOKE FOR: NVD (P2 review)

OBSERVATIONS
- 15:21Z price, P2, salience 60: NVD, which you hold, moved 3.06% since your last review at 6.71; stop 6.12.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $366.39 · equity $10238.52 (+2.39%) · today -1.44% · 12 stocks, 0 options positions
- BOXX: 11 shares at 119.00, now 119.035 (0.03%), stop 118.52, 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 10:00 AM ET. Thesis: Trend core: 0.4% above a 50-day average 1.1% over the 200-day; 6-month 2% at 0.04% daily ATR (strength 51.66); 100% of its 52-week high Invalidation: The trailing stop, or a close below the 50-day average.
- JD: 1 shares at 27.51, now 27.575 (0.24%), stop 27.17, target 29.65, multi_day horizon, opened 10:07 AM ET. Thesis: JD broke its 15-min opening range (27.48) on massive 10.2× volume at 27.535. The move is clean, with the opening range low (27.17) providing a tight, logical stop. While no recent news is flagged, the sheer volume and breakout structure suggest strong institutional accumulation. Reward:risk is >1.2 (target ~29.65). Invalidation: Close below 27.17 (opening range low).
- LVS: 63 shares at 40.22, now 40.215 (-0.03%), stop 39.5, target 42.5, multi_day horizon, opened 10:13 AM ET. Thesis: LVS shows a strong opening-range breakout (40.23 > 40.15) on 5.8× median volume, indicating institutional interest. While there is no fundamental catalyst in our feeds, the price action is clean and the volume is significant. The T1 anomalies in the last 24h suggest active trading interest. The opening range low (39.5) provides a tight, logical stop. The daily trend is up, and the move has room to the next resistance. Invalidation: Close below 39.5 (opening range low). Invalidation: Close below 39.5 (opening range low)
- MPC: 1 shares at 383.85, now 405.97 (5.53%), stop 380, target 448.67, 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: Weekly close below 200-day average.
- NTAP: 2 shares at 184.50, now 177.86 (-3.73%), stop 149.72, 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 112.5% (skipping the last month), 19.5% 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).
- NVD: 1 shares at 6.71, now 6.895 (2.91%), stop 6.12, target 8.5, multi_day horizon, opened 10:07 AM ET. Thesis: Breakout above 15-min opening range (6.12-6.75) on 11.4× median volume. Daily trend is strongly up (40% above SMA20, 61% above SMA50) with 5-day return +30%. RSI 75.6 is elevated, reflecting strong momentum. Target 8.50 offers >1.2 R:R. Invalidation: Close below 6.12 (opening range low). Invalidation: Close below 6.12 (opening range low)
- PSX: 2 shares at 248.78, now 259.795 (4.37%), 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 196.34 (0.51%), 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.
- SPY: 1 shares at 747.67, now 748.545 (0.04%), 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).
- TOST: 52 shares at 34.47, now 34.28 (-0.51%), stop 33.58, target 36.5, multi_day horizon, opened 9:46 AM ET. Thesis: TOST is in a strong daily uptrend (above SMA20/50/200), with price breaking the 15-min opening range (33.58-34.24) on 4.1× median volume. The move is clean with no news, but the volume and technical structure are strong. Stop at the opening range low (33.58) provides a tight, logical invalidation. Target 36.50 (near 52-week high) offers >1.2 R:R. Invalidation: Close below 33.58. Invalidation: Close below 33.58 (opening range low)
- USO: 3 shares at 143.74, now 146.29 (1.77%), stop 117.32, 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 370.91 (5.29%), stop 302.19, 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: blocked by your envelope (3/3 in the last hour).
- Your envelope: 5/8 entries in 24 h, 3/3 in the last hour, 4/4 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 ($2559.63). A closer stop means more shares; leave allocation_pct null.
- Risk checks: 6/8 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; $161.62 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2560); 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 748.525 (-1.48%), QQQ 673.32 (-2.47%), IWM 274.8313, DIA 520.04, VIXY… [cut: 10,424 characters in all]

{
  "decisions": [
    {
      "symbol": "NVD",
      "action": "hold",
      "allocation_pct": null,
      "sell_pct": null,
      "stop_loss": null,
      "take_profit": null,
      "horizon": "multi_day",
      "setup": "breakout",
      "conviction": 8,
      "rationale": "NVD is up 7.73% on 11.4× volume, cleanly breaking the 15-min opening range (6.12-6.75). The daily trend remains strongly up (40% above SMA20, 61% above SMA50). The T2 news items (BofA governance warning, Baird downgrade) are analyst opinions, not fundamental breaks, and the stock's strong momentum shows the market is ignoring them. The position is up 2.91% but has not yet moved up by its stop distance (0.59), so the stop remains at 6.12. No new entries are possible due to envelope limits. I will hold and let the trade run toward the 8.50 target.",
      "evidence": [
        "Price 6.895 (+7.73%), breaking 15-min OR high of 6.75 on 11.4× volume.",
        "Daily trend: 40% above SMA20, 61% above SMA50, 5-day return +30%.",
        "T2 news: BofA governance warning, Baird downgrade. Analyst opinions, not fundamental breaks. Price action confirms market ignores them.",
        "Stop at 6.12 (OR low). Position up 2.91%, stop distance 0.59. Not yet up by stop distance, so stop does not trail."
      ],
      "invalidation": "Close below 6.12 (opening range low).",
      "structure_id": null,
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "NVD is up 7.73% on massive volume, cleanly breaking the opening range. The T2 analyst warnings are noise; the trend is intact. I am holding the position at its 6.12 stop."
}