Episode · the market · Nov 10, 1:42 PM

NOW: 2026-11-10T18:42Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 18:38Z setup, P1, salience 72: FNDA opening-range breakout (first 15 min): closed 36.28 above 36.24 on 3.3× its median minute volume today; opening range 36.2-36.24.
- 18:39Z setup, P1, salience 86: MAT new session high: closed 16.055 above 16.02 on 28.1× its median minute volume today; opening range 15.54-15.55.
- 18:39Z setup, P1, salience 81: ZIP new session high: closed 6.13 above 6.01 on 3.3× its median minute volume today; opening range 5.51-5.6.
- 18:39Z setup, P1, salience 65: LOAR opening-range breakout (first 15 min): closed 78.63 above 78.09 on 2.1× its median minute volume today; opening range 77.22-78.09.
- 18:40Z setup, P1, salience 76: WH opening-range breakout (first 15 min): closed 80.78 above 80.39 on 3.5× its median minute volume today; opening range 80.38-80.39.
- 18:41Z setup, P1, salience 86: AIZ new session high: closed 320.05 above 319.38 on 16.8× its median minute volume today; opening range 316.81-318.24.
- 18:42Z setup, P1, salience 84: PPG opening-range breakout (first 15 min): closed 124.41 above 124.21 on 4.8× its median minute volume today; opening range 123.66-124.21.
- 18:42Z setup, P1, salience 67: MSCI new session high: closed 655.94 above 654.86 on 2.7× its median minute volume today; opening range 646.61-649.33.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3447.57 · equity $10196.65 (+1.97%) · today -0.21% · 9 stocks, 0 options positions
- MPC: 1 shares at 383.85, now 388.76 (1.28%), 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 249.79 (0.35%), 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 196.285 (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.
- RVMD: 2 shares at 198.96, now 190.335 (-4.37%), 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 23.28 (-1.19%), 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 746.945 (-0.10%), 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 49.415 (-6.70%), 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 140.69 (-2.15%), 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 347.33 (-1.36%), 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 ($2549.16). 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; $3243.64 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2549); 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 746.945 (-0.77%), QQQ 670.09 (-1.28%), IWM 279.7, DIA 520.595, VIXY 18.645, TLT 80.72

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

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

SUBJECT ZIP
- 6.16; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
46c891ab9212 [Nov 10, 9:43 AM ET | T1 anomaly | price shock | sev 96 | +11.8% since] ZIP +28.44% in 15 min (z 7.61 after removing SPY's move)
5836278ea06a [Nov 10, 1:39 PM ET | T1 anomaly | price shock | sev 70 | +0.5% since] ZIP +3.11% in 1 min (z… [cut: 10,357 characters in all]

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "It is 18:42 ET, well past the 18:00 ET close. The closing window is closed and no new entries are permitted. I am holding 9 stocks with no exits triggered. No action taken."
}