US Main — Trades

Lilly is the book's biggest winner (+36%, Gain_ATR 8.0) and its profit-take has now fired on two independent ticks: a 2nd consecutive RSI divergence (a), and conviction collapsing from a HOLD (b, valid per US-83). 2 ticks = the 50% tier; MoS -2.88 gives no bump. Bank and keep 40 on a trail raised to 1365.17. Profit-take (armed + ticks a,b). This fires the 11-10 written trigger; the tier rises % on the newly-satisfied tick (b) (US-87 principle). Ex-div 11-13 (/sh forgone on the sold shares). · news

decided @ 1437.29 · stop 1365.17 · t1w 1437.34 · t4w 1440.78 · t12w 1583.06

Lilly is the book's biggest winner (+36%, Gain_ATR 8.0) and its profit-take has now fired on two independent ticks: a 2nd consecutive RSI divergence (a), and conviction collapsing from a HOLD (b, valid per US-83). 2 ticks = the 50% tier; MoS -2.88 gives no bump. Bank and keep 40 on a trail raised to 1365.17. Profit-take (armed + ticks a,b). This fires the 11-10 written trigger; the tier rises % on the newly-satisfied tick (b) (US-87 principle). Ex-div 11-13 (/sh forgone on the sold shares). · news

decided @ 1437.29 · stop 1365.17 · t1w 1437.34 · t4w 1440.78 · t12w 1583.06

KLA printed a second straight settled STRONG SELL-REDUCE and sits 18.5% under its stop and below its 200-day average; a modest FQ1 beat does not repair the broken trend, so cut 30%. Same block as the unexecuted 10-27 card (do not double); US-87 escalation declined (12wk +4.5%); G2 suppresses the valuation bump; reprice if the 10-29 open gaps >1.5%. · news

decided @ 158.77 · stop 194.81 · t1w 159.28 · t4w 162.17 · t12w 165.95

Broadcom has printed a reduce signal five settled sessions running, trades below its 200-day average and the model's 12-week view sits under the price; take 30% off into the rebound. Same block as the unexecuted 10-27 card; G2-suppressed bump; residual 70 on 316.36.

decided @ 351.81 · stop 316.36 · t1w 352.37 · t4w 353.08 · t12w 338.34

Nebius has three consecutive settled reduce signals and remains below its 200-day average despite the neocloud bounce; trim 30% into strength. Pre-committed trigger fired 10-27 (unexecuted); valuation NA (implausible FV, US-EOQ-2); residual 140 on 143.45.

decided @ 182.34 · stop 143.45 · t1w 182.29 · t4w 179.54 · t12w 192.46

SK hynix has now closed 8.2% under its 184.14 stop and slipped again on a day chips rebounded, so the pre-committed escalation fires on top of the unexecuted 30% cut. Fair value (UNDERVALUED) and a JPM Overweight keep a 70-share core. Operational: carried 10-08 SELL 60 (stop basis) + written escalation SELL 70 on a settled close <=169.04 fired at 169.03 (us_signals_20261010_060012.csv; US-88 trigger authority, by - stated). If the 10-08 SELL 60 already filled at the 10-09 open (~172.68, status UNKNOWN), sell only the 70. Sector-flush rule (US-12/US-22) keeps the core; L2 not met (12wk +17.1%). Q3 print 10-27 is 12 sessions out, outside the US-EOQ-1 window. Line 184.14 held, never lowered (US-58). · news

decided @ 169.03 · stop 184.14 · t1w 166.91 · t4w 171.30 · t12w 197.89

Banking 30% of a +12% KLAC winner: the 12-week view (193.66) now sits below the 197.46 close after a -4.5% session, so the forward case for holding the full size is gone; the core rides on the 194.81 trail into TSMC/ASML prints. Profit-take armed (Gain_ATR watermark 4.44, real cost; US-84) + tick c dead forward -1.92%. Re-card of the 10-02/10-05 card (3rd session unexecuted, UNRECONCILED); US-19 no escalation. Trail 194.81 is only 0.34 ATR under the close; decisive break = <=191.89. · news

decided @ 197.46 · stop 194.81 · t4w 200.28 · t12w 193.66

Trimming 30% of a +29% NET winner as conviction collapsed in one session; the 12-week view (+10%) is still alive, so this is a partial bank, not an exit. Profit-take armed (Gain_ATR 5.42) + tick b (HOLD cv78 -> HOLD cv48, prior row neutral-hold, US-83/US-49 ok); tick a RSI_DIV from 10-05 cleared but basis persists at the same 30% tier (US-19/US-32). MoS bump G2-suppressed. Residual on 336.93.

decided @ 355.01 · stop 336.93 · t4w 360.27 · t12w 391.61

KLA's protective stop has been walked down 36% from its July peak while the position was never reduced, so the risk-discipline rule mandates a 30% trim; the 12-week view is negative (-4.5%) and valuation is stretched. OPERATIONAL: ADR-0020 latched first fire, veto-immune, pinned at 30% (US-39); valuation amplify n/a by construction (US-78); 20th session unexecuted (US-37); AV0 label crossing, no US-87 escalation; residual 700 on 174.01. · news

decided @ 189.17 · stop 174.01 · t1w 190.05 · t4w 191.89 · t12w 180.59

Vista closed decisively below its stop for a fourth straight session and through the pre-committed 68.82 full-exit level, an 11% loser, so the whole position goes despite a fair valuation. OPERATIONAL: 09-23 written full-exit limb fired (close 68.30 <= 68.82); the unexecuted 50% card is superseded; UNDERVALUED tier-down declined (stop-loss exit, not a trim). · news

decided @ 68.30 · stop 71.84 · t1w 68.54 · t4w 68.71 · t12w 71.46

Nebius has never been trimmed since its stop peaked, and risk discipline mandates a 30% cut until the position is actually reduced, even though the signal turned bullish again (HOLD cv86) and the 12-week outlook is the strongest in the book. OPERATIONAL: ADR-0020 latched since 09-01 (US-73), veto-immune, pinned 30% (US-39); amplify inapplicable (US-78). Close 232.80 is -0.65% under 234.32, not decisive (US-44). The <=203.87 trigger and the time limb at the EOD on us_signals_20260923_06001x.csv are carried. Discharges on the recorded cut. · news

decided @ 232.80 · stop 234.32 · t1w 233.68 · t4w 256.56 · t12w 309.68

Vista is breaking out to a 52-week high on the back of a genuine operational step-change - production up 32% year-on-year with further growth guided for the next two quarters - and it is the only name on our entire buy list that both passes the fundamental quality screen and is not trading above our estimate of its worth. We are placing a stop order just above the market so it only buys if the breakout confirms. OPERATIONAL: BreakoutUp_52W cv88, STRONG BUY, Buy_Rank 1, Entry_Distance_ATR +0.05 - the trigger sits ABOVE the close so there is no chase by construction; RSI 65.4, below the 75 bar. Order type is the model's own Buy Stop @ 79.12: self-limiting, the US-21/US-35 working entry lever, and inherently robust to the 09-11 CPI print. This is the PRE-COMMITTED 09-09 WATCH re-arm firing ('re-card on any bullish actionable Action with a live Entry_Price'), re-priced to the LIVE 79.12 - the stale @75.86 was never republished (provenance rule). The 09-08 non-fill cost +on. Valuation UNDERVALUED, MoS_FV +0.0033, Quality gate PASS (F=7, Quality_Rank 11), FV/sh 74.82, DCF/sh 86.44 -> val_adj = clamp(round(0.0033 x 20), 0, +10) = 0. The ONLY Quality_Pass + UNDERVALUED name in the buy pool (US-20 drought, ~10 weeks). Adjusted 88 + 0 + 2 = 90, the highest carded in weeks; BreakoutUp_52W|buy +2 (n=11, hit_1w.600) and the family is NOT one of the three US-16 momentum-chase traps, so the raw-75 bar does not bind (raw 88 clears it anyway). Size modulator held at 1.0x not the permitted 1.25x - UNDERVALUED here is a +0.33% margin of safety, i.e. fair value not a bargain. Sizing 85.49% x x 20% = x 1.0 -> =, inside the cap (60% x equity), covered ~3.1x by. Stop 68.45 is the model chandelier_trail line, WIDE at 3.11xATR / -13.5%: risk 432 x 10.67 = = 2.30% of the equity base, stated because it is wide not tight. Target_Price 100.47 = risk objective, distinct from the 4wk estimate. NO DCF warning - 12wk 82.03 sits BELOW the anchor, the only card tonight of which that is true; note the estimator's own forward is modest (+3.68% at 12wk). News confirms: Q2 production +32% to 156,061 boe/d (oil +33%), Q3 guide ~160k / Q4 ~170k vs FY 158k, Bandurria Sur 25.1% + Bajo del Toro 35.0% consolidated from 1 May, Peter Thiel ~1% stake, +44% YTD / +74% 1yr, Q3 results 28-Oct (outside window). CAVEAT: the proximate driver is a MACRO SUPPLY SHOCK, not company news - Brent +7-8% on the week on Hormuz supply loss - and a supply-shock breakout can unwind as fast as it forms; one bearish headline in the set flags a recent earnings miss. Auto-withdraw on conviction < 65 or a family flip off BreakoutUp_52W (US-8); else expires 2026-09-15. · news

decided @ 79.12 · stop 68.45 · t1w 79.26 · t4w 79.35 · t12w 82.03

Banking a third of a position that has run 43.7% in three sessions and has never been trimmed, on risk discipline rather than on any doubt about the company. Nebius' Q2 was exceptional — revenue up 454%, AI-cloud up 514% to a 0bn run rate at a 50% adjusted-EBITDA margin, backlog above $40bn — and Bank of America raised its target to on the print, so the remaining stay fully invested in that story. The reason to cut is that the stop protecting this holding had fallen 20% below its high-water mark with no size ever taken off, and a name whose twelve-week range still spans roughly -46% to +168% should not be carried at full weight on hope alone. OPS: ADR-0020 first fire, session 3, pre-committed unconditionally 08-12; tier held at the 30% floor. IMPORTANT — fires on the CARRIED stop 215.37 (-20.23%); after tonight's raise to 235.69 erosion is -12.71%, INSIDE the 15% threshold, so this is the LAST session ADR-0020 fires on the 270.00 watermark absent fresh erosion (systemic #2, spec gap). ADR-0012 unavailable, not merely un-fired (Gain_ATR 2.36, T12_Progress 81.48, no warning code) — not claimed as a basis. Valuation amplify to 50% SUPPRESSED by G2 (DCF NA, Rev_Growth +855%). TRAIL RAISE 215.37 -> 235.69, stop-locking +11.4% over cost. PRE-COMMITMENT re-based: a settled close below 235.69, or a 2nd consecutive settled STRONG SELL - REDUCE, fires a mandatory 50% trim (105 of the remaining 210). · news

decided @ 277.68 · stop 235.69 · t1w 281.18 · t4w 302.05 · t12w 340.81

Exit the whole Meta position. Q2 revenue grew 28% to 8bn but earnings missed, free cash flow collapsed ~91% to and 2026 capex was guided up to ~$135bn - the market cut the stock 8% on the print and it has not recovered. The shares sit 10% below our stop for a ninth session, 12% under our cost, and below every moving average we track, while the model projects no recovery at any horizon out to 12 weeks. Valuation is only fair, so there is nothing cheap to wait for. | L2 fires both legs (decisive stop break -10.21% + dead 12wk: Est_12W 565.58 < 1.02x close 567.84). 2nd consecutive settled STRONG SELL - REDUCE (BreakdownDown_52W cv85 -> RallySell_BearTrend cv68, Sell_Rank 3). adj 63 sits below the 65 floor after the -5 RallySell_BearTrend|sell haircut, but L2 is an independent exit basis. MoS -0.92 > -3 so no valuation tier bump. 8th re-fire, repriced 539.03 -> 556.71. Stop held at the broken 620.00 for monitor continuity until the exit fills. Analyst median PT noted and rejected - trade the signal. · news

decided @ 556.71 · stop 620.00 · t1w 557.12 · t4w 549.03 · t12w 565.58

Corning has now printed a bearish signal for six straight sessions and today it escalated to an outright STRONG SELL - REDUCE at the settled close, ranked the single worst name in the book to hold, with conviction rising through the session. The stock is trading below both its short- and medium-term trend lines, is our only large loser at roughly -19%, and rallied noticeably less than the rest of the book on a broadly explosive day - relative weakness that confirms the problem is company-specific rather than market-wide. Valuation offers no cushion either, so we take the full exit into today's bounce rather than hold a broken position for a sixth session. OPERATIONAL: Sell_Rank 1, 88.52 amplified to full by MoS_FV -11.34 (<= -3 tier bump). Stable family across J20C->J21C (cv 52/62/62/69), close 162.41 below EMA10 172.51 and EMA100 169.41. US-18 second-print bar met many times over; G-gates inapplicable (broken downtrend, CLAUDE.md 9 'valid exits still fire'); US-23 - the stale-bullish Est_12W +6.8% must not veto a signal/stop exit, and Est_4W is already negative. Card outstanding since 07-16, repriced +6.1% higher than the 07-21 ref of 153.10. Proceeds realized ~-Cross-book: executes ONCE here (L7).

decided @ 162.41 · t1w 163.98 · t4w 160.33 · t12w 173.41

Sandisk has run 16% past its twelve-week target and the model's forward view has now gone negative (-13.7%), while the signal engine has fallen silent for four straight snapshots. That combination is the textbook case for banking half a winner rather than waiting for the reversal to announce itself. The NAND/HBM supercycle looks intact - the stock still sits above its 100- and 200-day trend lines and next week brings SK Hynix, Samsung and Lam Research read-throughs - so we keep the other half running with a raised trail. Operational: ADR-0012 profit_take_2, armed at T12_Progress 115.9% with ticks (c) dead 12wk forward [1200.54 < 1.02x1390.95 = 1418.77] and (d) 4x consecutive NO TRADE. Self-set 1300 trail is INTACT - pure armed + soft-2-tick fire, not a trail break. US-19: same 50% first-fire repriced +2.7% higher from 07-18, re-verified at the settled close, NOT an escalation. Valuation amplify (MoS -4.77 <= -3 would bump is G2-SUPPRESSED (DCF 1005.14 << Target_12Week, Rev_Growth 0.98 hyper-growth). Keep, trail 1300. Est_12W exceeds the DCF anchor 1005.14. Proceeds.

decided @ 1390.95 · stop 1300.00 · t1w 1428.44 · t4w 1385.08 · t12w 1200.54

Trim NVDA hard: the signal has printed STRONG SELL - REDUCE for 4 straight snapshots with a negative 12-week outlook (target 168 vs 195.55 close), and the news is structural not panic - a sector-wide chip selloff plus the Kyber NVL144 rack slipping to 2028 and hyperscalers building custom silicon. Stable strong-sell + neg-12wk is the valid trend exit (L2), unaffected by trim gates; the position is also PROFIT_ARMED. Keep 69, invalidate above 207.68. Closes the NVDA NO-TRADE bleed (US-1). · news

decided @ 195.55 · stop 207.68 · t12w 168.00

Trim NVDA hard: the signal has printed STRONG SELL - REDUCE for 4 straight snapshots with a negative 12-week outlook (target 168 vs 195.55 close), and the news is structural not panic - a sector-wide chip selloff plus the Kyber NVL144 rack slipping to 2028 and hyperscalers building custom silicon. Stable strong-sell + neg-12wk is the valid trend exit (L2), unaffected by trim gates; the position is also PROFIT_ARMED. Keep 69, invalidate above 207.68. Closes the NVDA NO-TRADE bleed (US-1). · news

decided @ 195.55 · stop 207.68 · t12w 168.00