AI · US Tech — Trades

Arm broke below the pre-set completion line and the model now projects lower prices over 12 weeks, so we exit the remaining position amid a chip-sector selloff. OPERATIONAL: T2 completion fired (close 255.24 < 262.33); L2 both legs (below stop 279.20, 12wk 246.06 < close); NT -> AVOID 42 FailedBreakout_Down_20D (cell +3). PROFIT_ARMED underwater inert (UT-9). 30% (52) filled 10-@260.65. Reference = anchor close; reprice if the open gaps >1.5%. · news

decided @ 255.24 · stop 279.20 · t12w 246.06

Sandisk fell through its completion line on a memory-chip selloff, printed NO TRADE for a second session and now projects lower 12-week prices, so we exit the rest. OPERATIONAL: completion fired on all legs (close 1487.33 < 1527.74; 2nd consecutive NT 'Consensus conflict + low conviction'; L2 12wk 1434.27 < close below stop). MoS -1.18 no amplification. 30% (6) filled 10-@1537.15. · news

decided @ 1487.33 · stop 1616.83 · t12w 1434.27

TSMC closed decisively below its pre-set hard line ahead of Thursday's results, so we take the minimum 30% trim while the 12-week view stays positive. OPERATIONAL: Z3 hard leg fired (close 444.35 < 451.11; 4.05%/1.55 ATR under stop 463.12) -> decisive break overrides catalyst hold (Q3 10-15). L2 not met (12wk +10.6%) -> 30% tier. Cell FailedBreakdown_Up_20D|sell -8 noted (BB1 common-shock, PROPOSED/inert). Residual 31: stop 463.12 held (U5); any close < 432.24 or L2 -> SELL ALL 31. · news

decided @ 444.35 · stop 463.12 · t1w 451.62 · t4w 468.57 · t12w 491.43

Arm broke below the pre-set completion line and the model now projects lower prices over 12 weeks, so we exit the remaining position amid a chip-sector selloff. OPERATIONAL: T2 completion fired (close 255.24 < 262.33); L2 both legs (below stop 279.20, 12wk 246.06 < close); NT -> AVOID 42 FailedBreakout_Down_20D (cell +3). PROFIT_ARMED underwater inert (UT-9). 30% (52) filled 10-@260.65. Reference = anchor close; reprice if the open gaps >1.5%. · news

decided @ 255.24 · stop 279.20 · t12w 246.06

Dell is up about 23% on cost and armed for a profit-take, and the model's conviction collapsed from, so we bank 30% and trail the rest tighter. OPERATIONAL: ADR-0012 armed (PROFIT_ARMED, Gain_ATR 4.21) + tick (b) conviction -23 vs prior EOD; family switch FailedBreakdown_Up_20D -> BreakoutUp_52W; BB4 within-family refinement PROPOSED/inert so not applied). Ticks a/c/d absent (12wk 813.53 = 1.39x). G1 softening doesn't shield (b). FAIR_VALUE MoS -0.84 no tier bump. 445 x 30% = 134 -> residual 311, stop raised 527.46 -> 545.12 (Y5: scan stop 1.6 ATR below close). Next tick -> 50% tier. · news

decided @ 586.06 · stop 545.12 · t1w 628.39 · t4w 727.15 · t12w 813.53

Sandisk fell through its completion line on a memory-chip selloff, printed NO TRADE for a second session and now projects lower 12-week prices, so we exit the rest. OPERATIONAL: completion fired on all legs (close 1487.33 < 1527.74; 2nd consecutive NT 'Consensus conflict + low conviction'; L2 12wk 1434.27 < close below stop). MoS -1.18 no amplification. 30% (6) filled 10-@1537.15. · news

decided @ 1487.33 · stop 1616.83 · t12w 1434.27

Dell is the book's largest winner (+21% on cost, a third of equity) and its conviction just fell 20 points in one session to 49, the deterioration tick that turns an armed profit into a mandatory 30% trim; UBS argues the near-doubling has run its course. We bank part of the gain and trail the rest. OPERATIONAL: ADR-0012 armed (Gain_ATR 3.93, PROFIT_ARMED) + tick (b) conv (-20, prior row HOLD); (a) none, (c) 12wk 798.95 alive, (d) none -> 1 tick -> profit_take_1 30% = 0.30 x 636 = 191. MoS -2.49 (> -3) -> no tier bump. G1 n/a (FailedBreakdown_Up_20D, not breakout/momentum). FailedBreakdown_Up_20D|sell cell -8 (n=9) cited: it is why the trim stays at the minimum tier, never larger. Market at the 10-08 open; reprice if the open gaps >1.5% vs 578.96. Remaining 445 trail to 527.46 (2.0xATR chandelier = scan stop). · news

decided @ 578.96 · stop 527.46 · t1w 590.18 · t4w 616.35 · t12w 798.95

Arm has printed two straight buys with conviction climbing, passes the quality screen (F-Score 8), and rallied on Friday as agentic-AI demand reprices its CPU royalties. It is the only quality-passing new entry that clears the floor after a full valuation haircut, so we open a half-size starter with room to the 333 band top. OPERATIONAL: B 68 -> W 54 -> B 66 -> B 76, Buy_Rank 3 (#1 MSFT, #4 META gate-blocked). val_adj -10 (MoS -28.54) + bias +3 (FailedBreakdown_Up_20D|buy, Z5 sign held 5 reads) = adj 69. U2: 12wk 360.08 = 1.17x entry. U6: Target 346.65 sits above the Est band top 332.96, so the band top is the 4wk objective. Size: 50.71% x 1,057,909.46 x 20% x 0.5 (MoS <= -3) = 53,646.59 / 307.49 ->. Z7: the +5.2% session is 0.77 ATR on a 6.4%-ATR name, and the 0.5x already applies, so no extra haircut. Stop: the engine's 297.70 is only 0.5 ATR below, so V5 applies: 2.0xATR off the 318.36 high = 279.20, written to state now (Y3). Market order at the 10-05 open (Order_Type Market, ED 0.00, close in the lower third of the range); reprice if it gaps >1.5% (L8). SoftBank margin-loan overhang noted. · news

decided @ 307.49 · stop 279.20 · t1w 315.13 · t4w 332.96 · t12w 360.08

Nvidia set a record high on a $150bn buyback expansion and Morgan Stanley's top-pick call, and the scan turned its three-session strengthening hold into a BUY - ADD 78. We add a small, risk-defined slice through a buy-stop just above Friday's close, so it fills only if strength continues. OPERATIONAL: HOLD -> 85 -> BUY-ADD 78 (BreakoutUp_52W, L1 discount noted; the own cell is n=4, report-only). val_adj -10 (MoS -1.99) + bias 0 = adj 68. U2: 12wk 258.09 = 1.10x. U6: Target 263.32 sits above the band top 242.08, which becomes the 4wk objective. Y4 ADD path: 63.29% x 48 x 0.75 = 22.8 -> (about). PROFIT_ARMED is immaterial (Gain_ATR 1.28, X2). V7 cap: if the open is more than 1.5% through 234.98, treat the order as unfilled and reprice from the next snapshot. The stop on the whole position rises to 223.83 (Y5: the scan stop is 1.82 ATR below the close). GTC buy-stop expires 10-07. · news

decided @ 234.98 · stop 223.83 · t1w 237.11 · t4w 242.08 · t12w 258.09

ASML's two-day anticipation setup has triggered into a buy of 73. It passes the quality screen and is the only buy that clears the conviction floor after a full valuation haircut, so we open a half-size starter position with room to its 1,905 target. The stock is richly priced and reports on 10-14, which is why the position is half size. OPERATIONAL: WATCH 57 -> WATCH 64 -> ANTIC 88 -> BUY 73, Buy_Rank 3 (the #1 SNOW and #2 MSFT are quality-gate blocked). val_adj -10 (MoS -4.88, regenerated FV at anchor price, T4) + bias +3 (FailedBreakdown_Up_20D|buy, Z5 sign held 3 reads) = adj 66 >= 65. U2 passes: 12wk 1869.76 = 1.032x entry. Size: 50.71% x equity x 20% x 0.5 (MoS <= -3) ->. Stop: the engine's 1788.40 is only 0.5 ATR below, so V5 applies: 2.0xATR chandelier off the 1830.00 high = 1736.90, written to state at decision time (Y3). Entry_Distance 0.00 and a close near the day's low, so this is not a chase. Market order at the 10-01 open; reprice if it gaps >1.5% (L8). Earnings 10-14 is 9 sessions out, so re-evaluate at the 10-13 EOD (T3 spirit). · news

decided @ 1811.67 · stop 1736.90 · t1w 1839.60 · t4w 1904.77 · t12w 1869.76

Salesforce closed lower again at 225.31, 5.4% under its stop and through the pre-set 228.98 hard-exit line for a second session, and the signal has dropped to no-trade; with no company-specific catalyst behind the slide, the risk line is honoured and the full position is sold. OPERATIONAL: RE-FIRE of the 2026-09-29 SELL 176 card, which never reached the executor because it was written execution 'market_on_open' (not in paper_executor._EXEC_KINDS; silently dropped - U1/W1/Y1). Rewritten with the valid verb 'market' per UT-3; supersedes the 09-29 CRM card. Z3 hard leg (< 228.98) fired 09-28 and held 09-29; L2 second leg absent (12wk 272.53 > close) but Z3 governs. Realized -vs 257.66 cost. Reprice if the open gaps >1.5% (L8). · news

decided @ 225.31 · stop 238.25 · t12w 272.53

TSMC is profit-armed (1.8 ATR above cost, 90% of its 12-week target) and its signal flipped to an overbought-reversal AVOID with conviction collapsing, so we bank 30% and let the rest ride on the raised stop; demand news remains strong. OPERATIONAL: ADR-0012 armed (Gain_ATR 1.80 >= 1.0, X2 material) + tick (b) conviction -24; 1 tick -> profit_take_1 30% x 63 = 19. RE-FIRE of the 2026-09-29 SELL 19 card that was dropped for the invalid 'market_on_open' verb (U1/W1/Y1); now 'market'; supersedes it. MoS -14.59 tier bump suppressed by G2 (12wk 506.66 >> DCF 45.50). Residual 44 on stop 435.93 (Y5: prior 435.93 vs chandelier 435.91; scan stop 477.97 is a short-side level, unusable). Further tick on the residual -> 50%. · news

decided @ 456.94 · stop 435.93 · t1w 451.14 · t4w 437.59 · t12w 506.66

Palantir broke out to a fresh 20-day high as the model's top-ranked buy, and Rosenblatt reiterated its Buy rating and target on the FAA's AI airspace rollout. The stock is richly valued and closed above the model's trigger, so we add a half-size position only on a pullback to the breakout level. OPERATIONAL: STRONG BUY - ADD 80 (fresh; HOLD 63 prior), Buy_Rank 1; val_adj -10 (MoS -14.36) + bias 0 (BreakoutUp_20D|buy n=1 report-only) = adj 70 >= 65. No-chase: ED -0.47 with close 191.79 near the 193.79 high, so the printed buy-stop @188.64 would fill as a chase (L1/UT-6/V7); ASSUMPTION: queued as a GTC LIMIT at the printed Entry_Price. Volume 112.34% x 387 = 434.76 x 0.5 (MoS <= -3) =; max_position 60% and do not bind. RSI_DIV on the row: unarmed (Gain_ATR 2.36), G1/G2/G3 bar any trim; the 0.5x modulator covers it. U2 passes (12wk 1.35x entry). Stop 178.27 = Y5 2.0xATR chandelier, whole position. U6: Target_Price 223 above the Est band top 203.74 - band top is the credible 4wk objective. 12wk exceeds DCF 46.62. Withdraw if conviction < 65 or the label leaves BUY/STRONG BUY; expires 2026-09-28. · news

decided @ 188.64 · stop 178.27 · t1w 198.95 · t4w 223.00 · t12w 254.52

SanDisk has now set up its early-entry pattern in two of the last three sessions at high conviction, and Rosenblatt started coverage at Buy with a target, citing long-term customer agreements that cover about 65% of fiscal-2028 output. It closed above the model's trigger after a 6.8% jump, so we place a small order at the trigger level rather than paying up at the open. OPERATIONAL: anticipate slot (4th slot, ADR-0012): BUY - ANTICIPATE 96 (09-19) -> BUY 68 (09-22) -> BUY - ANTICIPATE 88 (09-23) =; cv 88 + val_adj -8 (MoS -1.55 recomputed at the 1887.04 close, T4) + bias 0 (AnticipationUp_VCP|buy n=1 report-only) = adj 80 >= 55 slot floor; Quality_Pass True. Beats AMD (also, adj 65) for the single slot. No-chase: ED -0.35 (beyond the -0.25 bar) with the close 1887.04 within 0.19 ATR of the 1909.48 high, so a buy-stop at 1846.17 would fill at the open as a chase; ASSUMPTION: queued as a GTC LIMIT at the printed Entry_Price instead (provenance kept, fills only on a retest of the pivot). Volume: 50% x equity 1,050,946.68 x 20% = 105,094.67 x 0.75 (-3 < MoS <= -1) x 0.5 slot = 39,410.50 / 1846.17 = (, 3.7% of equity). Stop 1495.87 (scan, 3.0 ATR); risk U2 passes (12wk 2359.85 = 1.28x entry). Forward-curve inversion: 4wk 2546.75 > 12wk 2359.85. Counterfactual `anticipate` n=10 reads 'saved' (advisory). Expires 2026-09-25; withdraw earlier if conviction < 65 or the row stops printing a bullish label. · news

decided @ 1846.17 · stop 1495.87 · t1w 2056.34 · t4w 2546.75 · t12w 2359.85

Apple's signal cooled from STRONG BUY - ADD 88 to HOLD 68 in one session, and the price is already above the average analyst target at a rich valuation, so the trim we pre-committed on 09-19 ('armed: any tick -> trim 30%') fires. It takes back most of Monday's add at about the price paid. OPERATIONAL: ADR-0012 armed (scan PROFIT_ARMED on T12_Progress 90.08; Gain_ATR 1.16 on the true post-fill cost 331.12, above the X2 floor of 1.0; the scan's 1.77 uses a stale 326.97 cost) + tick (b): conviction = 20 pts vs the prior EOD snapshot, exactly on the >= 20 threshold. Family switched BreakoutUp_52W -> AnticipationUp_VCP, so G1 does not apply, and (b) fires regardless. MoS -3.14 would bump, but G2 suppresses it (12wk 376.29 >> DCF 237.39). Counter-case recorded: 12wk still +11%; the threshold is met at the boundary; the trim nets roughly flat against the 338.61 add (realized ~+vs avg cost). Residual 120, stop 324.93 -> 325.59 (scan, 1.97 ATR). f=0.30 (L5/V2). · news

decided @ 338.98 · stop 325.59 · t1w 351.26 · t4w 379.91 · t12w 376.29

Dell is up about 20% on cost and makes up 49% of the book. The model has now printed no trade signal two sessions running, one day after its S&P 100 inclusion, so we bank 30% of the position and keep the rest on a trailing stop. OPERATIONAL: ADR-0012 profit-take ARMED + FIRED. Armed = scan PROFIT_ARMED on the gain branch (Gain_ATR 3.03 >= 3.0 at today's ATR 32.16; X2 materiality 1.0 cleared 3x). Fire = tick (d), the 2nd consecutive NO TRADE ('Consensus conflict + low conviction', 09-19 + 09-22); G1 does not reach (d). Catalyst-aware hold expired: S&P 100 entry was effective 09-21. The 09-19 re-arm price (579.73) was computed at the old ATR 34.0; the scan's own arm at today's ATR governs, and AA1 (PROPOSED, inert) argued the same direction. MoS -2.74 at the anchor, above the -3 bump, so 30% stays 30% (G2 would suppress the bump anyway: 12wk 819.82 >> DCF 446.05). Realized ~+Residual 636 is managed by trail (Y6(b)): stop 517.26 held (chandelier 510.99 looser, scan blank); any AVWAP_BREAK/EMA10_BREAK on the residual -> profit_take_2 (50%); decisive close < 517.26 with Target_12Week < close -> exit per L2. · news

decided @ 575.31 · stop 517.26 · t12w 819.82

Salesforce closed below both its stop and the trim trigger we wrote down a week ago, and the buy-the-dip signal from Thursday has already faded, so we cut 30% of a losing position as pre-committed rather than argue the hold again. OPERATIONAL: Z3 armed trigger FIRED - "decisive close < 242.76 -> trim 76" (written 09-11, re-affirmed 09-18); close 237.92 = 0.54 ATR below it and 0.04 ATR below the 238.25 recorded stop; cv, BUY - ADD lapsed to HOLD. L2 second leg absent (12wk 339.04 = +42.5%) - that forward view has printed ~+42% for weeks while price fell, so it is not treated as a hold argument. News: nothing company-specific (ex-div on 09-17). Residual 176: stop held 238.25 (U5 no lowering) as an ALERT line; exit remainder on a close < 228.98 (1.0 ATR below the anchor) OR L2 both legs. · news

decided @ 237.92 · stop 238.25 · t1w 244.27 · t4w 259.07 · t12w 339.04

TSMC's own 12-week projection has now sat below the share price for five straight sessions, so we complete the pre-committed cut of even though conviction and fundamentals are strong - the rule exists so a contested hold cannot be re-argued on a green day. OPERATIONAL: RE-FIRE of the 09-18 card, which never executed (execution "market_on_open" is outside the executor vocabulary - U1 regression; fixed to "market" here). Z3 trigger 5/5 (434.45 < 434.67). UT-9: PROFIT_ARMED inert (Gain_ATR -0.35). G2/Y7: valuation amplify suppressed (DCF 45.44 unit-broken ADR row). Scorecard FailedBreakdown_Up_20D|sell -10 noted, never vetoes a pre-committed trigger. U6: Target 453.84 above Est_High 443.36 -> band top. Residual 63: stop 409.22 -> 415.50 (scan = 2.0xATR chandelier); 12wk counter re-bases to 0/4 on fill (Y6(b)). · news

decided @ 434.67 · stop 415.50 · t1w 437.28 · t4w 443.36 · t12w 434.45

Apple's signal rebounded from a collapse to the book's top-ranked STRONG BUY - ADD as it pushes toward its July high, so we add a half-size tranche on a buy-stop that fills only if the strength carries through Monday; valuation is rich, so size is halved. OPERATIONAL: cv 88 - val_adj -10 (MoS -3.11 at the anchor close, T4) + bias 0 (BreakoutUp_52W|buy n=3 report-only, L1 caution) = adj 78 >= 65. Not extended (ED +0.36; buy-stop above the 336.13 close). U2: 12wk 370.10 >= 1.02 x entry. Volume: 112.34% x 110 = 123.6 x 0.5 (MoS <= -3) = 61. Entry range 336.90-340.32. V7/L8: if Monday gaps >1.5% above 338.61 the stop pays the gap - reprice or stand down. Stop 324.93 written to state now (Y3/V6). Note: 52W high is 344.57 (07-29) - this is a near-high setup, not yet a clean breakout. Same session the 09-18 33-sh trim is withdrawn (tick (b) reversed; armed-not-fired -> trail). · news

decided @ 338.61 · stop 324.93 · t1w 348.43 · t4w 371.35 · t12w 370.10

Nvidia's signal has gone from conviction 93 to a NO TRADE at zero over seven sessions and its twelve-week view is now flat (+0.5%), which trips the completion clause we wrote when we first trimmed, so we sell a further and keep a small 48-share residual on a 200.06 stop. OPERATIONAL: fires the 09-15 completion trigger 'close < 204.14 OR conviction < 35 -> SELL a further 35' (T2) on NO TRADE cv 0 ('Consensus conflict + low conviction'); X3 no material heal (+0.57%, 0.20 ATR; 12wk 216.60 -> 213.19 < 1.02x close). No catalyst (Y2). MoS -1.78 no amplify; NoTrade|sell n=2 report-only. Proceeds, realizes -. 1wk/4wk n/a (no Target_Price on NO TRADE; Est band 207.93-233.03). Stop 197.31 -> 200.06 (2.0xATR chandelier, Y5). Next trigger: decisive close < 200.06 -> SELL 24; with Target_12Week < close -> exit all 48. Verb 'market'. · news

decided @ 212.17 · stop 200.06 · t12w 213.19

TSMC closed below its 419.45 risk line for a second straight session (413.75, 0.52 ATR through) while its own twelve-week view turned negative (403.87) and conviction slid to 49, so we trim 30% as pre-committed; the fundamentals story is intact but the chart is not. OPERATIONAL: fires the 09-15 armed trigger on both clauses (2nd close < 419.45 AND close < 413.80) (Z3/T2); L2 complete (stop break + neg 12wk); X3 no heal (break widened 0.13 -> 0.52 ATR, 12wk 416.97 -> 403.87). Tier held at 30%: MoS -13.29 amplify suppressed (G2/Y7 unit-broken ADR DCF 45.98) and FailedBreakdown_Up_20D|sell 0/7 at 1wk bias -10 (stable 4 reads, Z5). PROFIT_ARMED inert (UT-9, Gain_ATR -2.22). Ex-div 09-16 (selling at the open keeps it). Proceeds, realizes -. Residual; stop 419.45 held until fill (W2), stop_after_fill 391.92. Completion trigger: any close < 402.84 OR 4th consecutive Target_12Week < close (W3, count 2/4) -> SELL a further 48. f=0.30. Verb 'market'. · news

decided @ 413.75 · stop 391.92 · t1w 420.30 · t4w 435.58 · t12w 403.87

Micron broke decisively through its risk line in Monday's AI-hardware selloff (close 924.03 vs the 969.00 stop, 0.91 ATR through) after AI CEOs called for a slower pace of development, and conviction slid to 49, so we trim 30% as pre-committed while the twelve-week view (+8.5%) still argues against a full exit. OPERATIONAL: fires the 09-11 armed trigger (Z3/T2); L2 forward leg absent -> minimum tier; no valuation amplify (MoS -1.14 > -3); FailedBreakdown_Up_20D|sell bias -10 (0/5 at 1wk) argues against any larger tier. Proceeds, realizes -. Residual, post-fill stop 825.51 (W2: not written until fill). Completion trigger: close < 876.77 OR Target_12Week < 1.02x close -> SELL a further 33. Est: Target_Price 1022.55 above Est band top 1018.59 -> band top used as 4wk (U6); f=0.30 (L5). Execution verb 'market' (U1/W1/Z1). · news

decided @ 924.03 · stop 825.51 · t1w 952.40 · t4w 1018.59 · t12w 1002.56

Nvidia's signal has gone from conviction 93 to a NO TRADE at zero over seven sessions and its twelve-week view is now flat (+0.5%), which trips the completion clause we wrote when we first trimmed, so we sell a further and keep a small 48-share residual on a 200.06 stop. OPERATIONAL: fires the 09-15 completion trigger 'close < 204.14 OR conviction < 35 -> SELL a further 35' (T2) on NO TRADE cv 0 ('Consensus conflict + low conviction'); X3 no material heal (+0.57%, 0.20 ATR; 12wk 216.60 -> 213.19 < 1.02x close). No catalyst (Y2). MoS -1.78 no amplify; NoTrade|sell n=2 report-only. Proceeds, realizes -. 1wk/4wk n/a (no Target_Price on NO TRADE; Est band 207.93-233.03). Stop 197.31 -> 200.06 (2.0xATR chandelier, Y5). Next trigger: decisive close < 200.06 -> SELL 24; with Target_12Week < close -> exit all 48. Verb 'market'. · news

decided @ 212.17 · stop 200.06 · t12w 213.19

Dell is the book's highest-conviction print (88) and the only position carrying a real gain (+23%); Friday's 12% jump to an all-time high came from RBC initiating coverage at Outperform with a target, on top of record Q2 results (revenue $47bn, +58% y/y) and a $95bn AI-server order backlog, and the shares still trade near 21x forward earnings. We add to a winner on its own breakout rather than chase it: the order is a limit at the model's entry price, so it only fills if the stock comes back to us. OPERATIONAL: GTC buy-limit 564.47 (range 555.03-573.91, Entry_Price +/- 0.25 ATR); expires 2026-09-16. Sizing 713 x 112.34% = model -> x0.75 size modulator (MoS -2.48) = 601 -> capped by max_position_pct 60% headroom ( / 564.47) = 391 -> x0.5 STATED CHASE HAIRCUT = /. The haircut is a deliberate deviation from full model size, not a signal override, on three grounds: (i) UT-10 - this book has ADDed to DELL twice before (07-@411.73, 07-@419.03) and BOTH graded stop_hit; (ii) own-book BreakoutUp_52W|buy is 0-for-2 on 1wk and 4wk (n=2, report-only, cited not applied); (iii) L1 - BreakoutUp_52W 4wk targets overshoot +55-75% and mean-revert, which is why the +10.2% 1wk interpolation below should be read as an upper bound. L6 is applied in SPIRIT not letter: this is an analyst-initiation blowout, not a post-earnings gap, but a one-session +11.98% to an all-time high is structurally the same chase risk - hence the limit rather than market-on-open. Stop RAISED 469.94 -> 491.76 (2.0x ATR chandelier off the 567.29 close) - the ratchet moving up, which also protects the add. 12wk 808.39 exceeds the 446.05 DCF anchor by a wide margin - projection assumes growth beyond what is priced in. Macro caveat stated: August CPI printed core +0.3% and markets now price ~87% odds of a 25bp FOMC HIKE on 09-16, two sessions after the execution date, with triple witching 09-18 behind it. · news

decided @ 564.47 · stop 491.76 · t1w 622.06 · t4w 756.44 · t12w 808.39

A measured pyramid onto a one-day-old winner that the news flow has since validated. Micron gapped +6.1% as the NAND/DRAM pricing cycle re-accelerated, with Dell's record $95bn AI-server backlog cited as a direct demand driver - which is notable because Dell is already this book's largest holding, so the same catalyst is now paying twice. Micron carries the book's #1 quality rank and its 12-week projection points 11.6% higher. The add is kept small and risk-defined because conviction printed flat rather than rising. Raw 76, val_adj -6 (MoS -1.16) -> adjusted 70. Held @ 971.06 (+4.69%, filled at this morning's open). ADD sizing (held-name path): 50.71% x = 40.6, x0.75 size mod = =. Entry range 1005.27-1027.91. Stop 969.00 = -4.68%; 4wk 1107.13 = +8.91%, R:R 1.90:1. 12wk 1134.12 exceeds DCF anchor 772.94 - projection assumes growth beyond priced-in. ASSUMPTION STATED: the scan CSV was written at 06:00:17 before the 06:00:35 executor fill, so it prints MU as unheld (Held=N) with a fresh-entry; per UT-7 the 80-share holding from input/ustechportfolio.json governs and the conservative ADD formula is used rather than the fresh-entry. L6 check passed: MU FQ4 earnings are 09-30, so this is a sector re-rating not a post-earnings gap; ATR expanded only +8.6% (41.7->45.3), well short of the UT-10 spike bar. L7: MU also signals in us/ussemicon - execute once across books. · news

decided @ 1016.59 · stop 969.00 · t1w 1043.75 · t4w 1107.13 · t12w 1134.12

TSMC is the highest-conviction fresh signal in the book: it broke out of a three-session stall to a Buy_Rank #1 STRONG BUY on the back of a monthly sales update showing robust AI demand, record 2026 capex guidance of -64bn and full-year revenue growth above 40%. The technical setup is clean rather than stretched - the close sits in a perfect EMA10>20>50>200 bull stack with RSI 57, so this is an entry into strength, not a chase. Valuation is the offset: at a deeply negative margin of safety the position is deliberately taken at half size. Raw conviction 86, val_adj -10 (MoS -13.82) -> adjusted 76. Size mod 0.5x (MoS <= -3). Sizing: 0.6695 x equity x 20% buy_pct =, x0.5 = / 428.91 = =. Entry range 426.50-431.32 (+/-0.25 ATR). Stop 419.45 = -2.21% (0.98 ATR); 4wk target 448.19 = +4.49%, R:R 2.03:1. CAVEAT: Target_12Week 416.00 is BELOW the entry (-3.01%) - treat this as a 4-week swing, not a 12-week hold, and it is a second reason the size is halved. DCF_per_share 46.21 is a unit-mismatch artifact on the ADR (systemic finding 2), so the DCF anchor annotation is not meaningful here. Book has sold TSM twice before (07-@414.91, 08-@409.54); re-entry is 3.4% above the last exit. L7: TSM likely also signals in us/ussemicon - execute once across books. · news

decided @ 428.91 · stop 419.45 · t1w 434.69 · t4w 448.19 · t12w 416.00

We are cutting this position in full. The company announced a million at-the-market equity offering on top of the million already raised - open-ended dilution that the market read immediately, sending the shares down 12% even against a record quarter. The chart agrees: the stock has closed below its risk line for four straight sessions and below its 200-day average for four, with every shorter moving average stacked bearishly above it, and our own twelve-week model now projects 43% lower from here. A record quarter funded by issuing stock into a falling price is not a thesis we want to hold through. Operational: STRONG SELL - REDUCE cv76 (rising -> 76), Sell_Rank #1, engine 90.04 with rationale 'target full exit'. Close 100.38 vs recorded stop 111.93 = -10.32% (deepest yet, 4th session); 4th consecutive close below EMA200 (106.26) with EMA10 109.70 / EMA20 114.95 / EMA50 122.95 stacked above; Target_12Week 57.22 = -43.0%; VWAP_Distance -22.26%. Both L2 legs armed 4 sessions. Realized - (-33.09%) vs 150.03 cost; proceeds. This is a LOSS-CUT not a profit-take - the PROFIT_ARMED print is the arm-on-loss mislabel and is INERT under UT-9 (Gain_ATR -6.43). TENTH re-fire under L2+L3+UT-3/UT-11. CRITICAL: execution verb corrected to 'market' - the ten prior AAOI exit cards were written 'market_on_open', which paper_executor.py _EXEC_KINDS (line 112) / _eligibility (line 554) rejects BEFORE the skip-log path, making them invisible; ledger tally is a perfect separation, ('sell','market') 5 cards -> 5 fills, ('sell','market_on_open') 22 cards -> 0 fills ever. Estimates: 1wk/4wk n/a - the REDUCE row prints a blank Target_Price, no number synthesized. SCORECARD CAUTION stated not buried: RallySell_BearTrend|sell is n=4 at 0.00/0.00 on this book's own data - every prior exit in this family looked early at both horizons; report-only so nothing is adjusted, and the exit is taken anyway because a -10.32% broken stop with a -43% forward view and open-ended dilution is exactly the case L2 exists for. Valuation originates nothing (Val_Signal NA, FV_per_share -3.38). · news

decided @ 100.38 · stop 111.93 · t12w 57.22

We are taking a third of this position off the table on target exhaustion, and holding the rest. The stock has run to within 9% of our own twelve-week projection while momentum has started to diverge from price - the classic signature of a move that has done most of its work - so we bank a slice and raise the risk line under the remainder. This is a risk trim, not a change of view: Nvidia just announced a roughly billion acquisition of Hugging Face, brokers sit at 46 Strong Buys out of 51, and every forward horizon we model is still positive. That is precisely why the trim is 30% and not more. Operational: ADR-0012 profit-take, ARMED + one tick FIRED. Armed = PROFIT_ARMED printed with T12_Progress_Pct 91.34 (>=90); Gain_ATR +0.21 is POSITIVE so UT-9 does NOT make the arm inert (contrast AAOI at -6.43 where it does). Fired = tick (a), a second Exit_Warning code RSI_DIV on the same row. Ticks (b)/(c)/(d) all checked, none fires: conviction ROSE; Target_12Week 250.12 > 1.02 x close (233.02); row is HOLD not NO TRADE. G1 softening does NOT reach it - it protects fresh BreakoutUp_*/MomentumContinuation_* at conviction >=80 and this signal is AnticipationUp_VCP, outside those families - so the trim is MANDATORY, not optional. One tick -> profit_take_1 = 30%. Valuation amplify does NOT apply (MoS_FV -2.400 is not <= -3), portion stays 30%. 168 x 0.30 =, proceeds, realized + (+0.73%). Residual, stop RAISED 213.25 -> 215.33. Estimates rendered as upside forgone (f=0.30 per L5); 12wk exceeds DCF anchor 163.98. TENSION RECORDED: this banks on a position 0.21 ATR above cost, armed entirely by the T12 exhaustion branch not by gain magnitude; the identical card was issued 08-28 (SELL @227.98) and withdrawn 08-29 when Gain_ATR flipped negative. The pending 08-29 PROPOSED block (X2) proposes Gain_ATR >= 1.0 to arm, which would suppress this card - PROPOSED is inert by design and is NOT applied. Watch NBIS warrant lock-up 09-11 (~21M shares). · news

decided @ 228.45 · stop 215.33 · t1w 243.64 · t4w 279.08 · t12w 250.12

A measured pyramid onto a one-day-old winner that the news flow has since validated. Micron gapped +6.1% as the NAND/DRAM pricing cycle re-accelerated, with Dell's record $95bn AI-server backlog cited as a direct demand driver - which is notable because Dell is already this book's largest holding, so the same catalyst is now paying twice. Micron carries the book's #1 quality rank and its 12-week projection points 11.6% higher. The add is kept small and risk-defined because conviction printed flat rather than rising. Raw 76, val_adj -6 (MoS -1.16) -> adjusted 70. Held @ 971.06 (+4.69%, filled at this morning's open). ADD sizing (held-name path): 50.71% x = 40.6, x0.75 size mod = =. Entry range 1005.27-1027.91. Stop 969.00 = -4.68%; 4wk 1107.13 = +8.91%, R:R 1.90:1. 12wk 1134.12 exceeds DCF anchor 772.94 - projection assumes growth beyond priced-in. ASSUMPTION STATED: the scan CSV was written at 06:00:17 before the 06:00:35 executor fill, so it prints MU as unheld (Held=N) with a fresh-entry; per UT-7 the 80-share holding from input/ustechportfolio.json governs and the conservative ADD formula is used rather than the fresh-entry. L6 check passed: MU FQ4 earnings are 09-30, so this is a sector re-rating not a post-earnings gap; ATR expanded only +8.6% (41.7->45.3), well short of the UT-10 spike bar. L7: MU also signals in us/ussemicon - execute once across books. · news

decided @ 1016.59 · stop 969.00 · t1w 1043.75 · t4w 1107.13 · t12w 1134.12

Palantir's AI platform keeps winning enterprise distribution - it rose 7.9% on an expanded PwC US partnership that opens another channel into large corporate, on top of a business compounding at a 155% Rule-of-40 with 157% net dollar retention. The technical setup is a pullback-to-VWAP buy at strong conviction rather than a chase, so we queue a limit below the market and let the stock come to us; the offset is that the shares are expensively priced against any intrinsic anchor, which is why we size at half. Operational: adjusted conviction 86 -10 (val_adj, MoS_FV -13.405 clamped at floor) -5 (scorecard_bias, PullbackBuy_VWAP|buy n=5 at 0.25/0.25, newly ACTIONABLE) = 71, clears the 65 floor by 6. Quality_Pass True, Quality_Rank 6/31 - gate clears. Entry_Distance_ATR -0.68 (extended past the limit) so QUEUED not bought; action price is the anchor snapshot's own Entry_Price, no carried-forward level. Size 0.6695 x 1,016,240.86 equity x 20% buy_pct =, x0.5 size modulator (MoS_FV <= -3) = / 175.81 =. Risk if stopped 387 x 9.87 = = 0.38% of equity. Estimates use f=0.30 per L5 (calib_1w -0.141, degenerate). 12wk 260.11 exceeds DCF anchor 46.62 - projection assumes growth beyond priced-in. expires_on 2026-09-09 = 3 trading sessions from the 09-04 anchor (09-07 Labor Day). Re-arm trigger if expired: a fresh PullbackBuy_VWAP print with adjusted conviction >= 65. Countervailing view noted: Michael Burry publicly short-biased, overvaluation critique is exactly what val_adj -10 encodes. · news

decided @ 175.81 · stop 165.94 · t1w 180.22 · t4w 190.50 · t12w 260.11

We are placing a small buy order in Apple that only triggers if the shares keep rising. Apple was one of just three stocks in the book to close higher on a day when twenty-seven fell, on the day John Ternus formally took over as chief executive, and it is the only high-quality name in the portfolio currently showing a genuine buy setup. His first public outing is the iPhone 18 Pro and first foldable iPhone launch on 9 September, five trading days away. We are deliberately buying only half our normal amount, because analysts' average price target is essentially where the stock already trades - the setup is good, the starting price is not cheap. OPERATIONAL: ANTICIPATE slot (4th slot, one per book, NOT one of the <=3 ACQUIRE). Eligibility satisfied on the letter of the rule - last three snapshots BUY-ANTICIPATE 83 -> WATCH 55 -> BUY-ANTICIPATE 83 =; conviction 83 well above the 55 slot floor; the 08-29 card pre-committed to exactly this trigger. Quality_Pass TRUE, Quality_Rank 3/31 - clears the gate that blocked SNOW/SAP/MSFT. Entry: GTC buy-stop @323.17, entry range 321.17-325.18 (+/- 0.25 x ATR 8.02). Close 325.13 sits ABOVE the stop (Entry_Distance_ATR -0.24, inside the -0.25 no-chase bar) so it should fill at/near the 09-02 open. RSI 61.1, VWAP_Distance +4.47% - not extended. Trend 94 / Mom 50 / Vol 33, Consolidation_Bullish. Sizing: Portion 50.00% x equity x buy_pct_of_portfolio 20% =; x0.75 size modulator (MoS_FV -2.975 in the -3<MoS<=-1 band, from the REGENERATED fairvalue file); x0.5 anticipate-slot factor =; / 323.17 = 110.07 -> = = 3.75% of equity. max_position_pct 60% and both non-binding. Stop 299.10 = -7.45% / ~3.0 ATR; risk = 0.28% of equity. Estimates f=0.096 (Step 7 fallback - CSV has only a single Est_Low/High band, no ADR-0013 Est_*_Point columns). 12wk 332.66 EXCEEDS DCF anchor 237.39 - projection assumes growth beyond priced-in. WARNING - forward-curve inversion: 4wk 371.31 sits ABOVE 12wk 332.66; the model expects the move given back. Counterfactual argues against and is why size is halved: anticipate n=8, median 1wk -0.73% / 4wk -8.81% ['saved']. Scorecard cell AnticipationUp_VCP|buy n=1 hit_1w 0.00 - report-only, no bias. Catalyst: 09-09 event is 5 trading sessions out (09-07 Labor Day holiday) - ON the <=5-day boundary. expires_on 2026-09-08 = anchor + 3 trading sessions. · news

decided @ 323.17 · stop 299.10 · t1w 327.79 · t4w 371.31 · t12w 332.66

Salesforce delivered the quarter that settles the argument about whether AI helps or hurts it: profits came in 80% above expectations, management raised full-year earnings guidance by 18.5%, and its AI products are now a billion recurring revenue line growing over 200% a year, alongside a new partnership embedding Anthropic's Claude across Slack and Salesforce. The shares jumped 23% and have kept climbing since. This is one of only two names in the book our valuation work still calls fairly priced rather than expensive, and the only one whose 12-week projection sits inside its own discounted-cash-flow anchor. We buy at half size, and only on a further move up. OPERATIONAL: QUEUED as the model's own Buy Stop @257.66 (Entry_Distance_ATR +0.11) - it fills ONLY on continued strength above Friday's range, self-limiting in the same way the anticipate-slot buy-stop is. REPRICED 213.78 -> 257.66 per the Step 7 provenance rule: the 08-28 GTC limit was placed for L6 gap discipline, CRM never traded within 15% of it, and the rule explicitly covers a previously-queued name that has run past its limit AND is overbought (RSI 80.79 > 75) - reprice to the live Entry_Price or demote to WATCH. Repriced, not republished stale. L6 WEIGHED AND ANSWERED: the 08-26 +22.58% gap is an earnings-power re-rating (adj EPS vs est = 80% beat; FY guide +18.5% to), not a sentiment pop of the UT-1/MU kind, and the stock has HELD and extended (+1.82%, then +1.57% on a -1.71%-median tape). Cautions priced in via size: RSI 80.79, VWAP_Distance +20.31% (genuinely extended), and UT-12 folds MomentumContinuation_Up|buy into L1's discount-on-ties list (own-book cell n=2 at 0/2 on 1wk, median err -4.19%). SIZING: Portion 66.95% x equity x buy_pct 20% =; x0.50 =; / 257.66 = 252.48 -> = = 6.68% of equity. THE MODULATOR IS 0.50, NOT THE FILE'S 0.75, AND THIS IS STATED NOT SILENT: fairvalue_T0 prices CRM at 209.06 vs a 256.00 anchor close (+22.5% stale), and MoS_FV recomputed live (256.00 / FV_per_share 59.55 = P_FV 4.30 -> MoS -3.30) crosses the <= -3 tier. Quality gate PASSED (Quality_Pass True, F 7, Quality_Rank 15/31). Stop 211.73 is WIDE - -17.8% / ~3.0 ATR, chandelier_trail on a post-gap name, sitting just above the pre-gap base; correct invalidation level but of risk on - flagged deliberately. Entry range 253.83-261.49 (+-0.25 x ATR 15.310). Estimates (f = 0.096): 1wk 266.48 (+3.42%), 4wk 349.52 (+35.66%), 12wk 364.80 (+41.58%) - NO DCF annotation, DCF_per_share 379.39 is ABOVE the 12wk target, unique among this book's buy candidates. Expires 2026-09-02; withdraw automatically if conviction falls below 65. · news

decided @ 257.66 · stop 211.73 · t1w 266.48 · t4w 349.52 · t12w 364.80

Applied Optoelectronics is the physical layer of the AI data centre, and this quarter it stopped being a promise: record Q2 revenue of (+86% year-on-year), the first return to non-GAAP profitability, and a Q3 guide of -290M that implies 130% growth, with management saying manufacturing capacity - not customer demand - is what limits them through mid-2027. First 1.6T qualification with a major hyperscaler completes within weeks and a + order ships from late Q3. We buy it on a fresh 20-day breakout, but on a limit rather than at the close, because the shares rose 15.5% in a single session and trade 25% above their volume-weighted average - we want the position at our price, not the crowd's. Half the normal size: the company is still unprofitable on a statutory basis, the stock has already trebled this year, and our own valuation model cannot put a positive intrinsic value on it. OPERATIONAL: L1/UT-6 no-chase - GTC limit at the model Entry_Price 150.03, entry range 145.71-154.35, unfilled on a gap-up by design; expires 2026-08-19 (3 sessions), withdraw or reprice at each EOD. L6 checked and NOT applicable (Q2 print was 2026-08-06, eight sessions prior). Size modulator 0.5x applied by stated assumption: Val_Signal NA arises from a NEGATIVE FV_per_share (-3.38) with F_Score 4, read as the MoS_FV<=-3 tier rather than neutral 1.0x; full would have been (10.1% of equity, 3.0% at defined risk). Sizing arithmetic: 50.71% x x 20% x 0.50 = / 150.03 = = (5.07% of equity); defined risk = 1.49% of equity. WARNING: Target_12Week 148.34 sits BELOW the action price while Target_4W is +58.6% - treat as a 1-4 week trade on a hard chandelier trail at 106.06, not a hold. All four graded buy families are 0-for-8 on 4-week targets. Scorecard bias 0 (no actionable cell, UT-8); f=0.134. · news

decided @ 150.03 · stop 106.06 · t1w 161.81 · t4w 237.96 · t12w 148.34

Nvidia set up for a second consecutive session at the highest conviction this book has ever recorded (96, up from 93), and analysts have just raised their three-year earnings growth expectation from 33% to 44% a year on the view that hyperscaler AI spending was under-modelled - with a median price target of across 65 analysts. Crucially the stock did not gap on that news, it rose only 0.5%, so there is a real setup to buy rather than a spike to chase; and unlike every other buy candidate in the book today, Nvidia passes the quality screen outright at rank. We commit only on strength, at half the normal anticipation size, with risk capped at a third of a percent of the book. Operational: ANTICIPATE slot ARMED - eligibility verified 2-of-3 (08-12 WATCH cv54, 08-13 ANTIC cv93, 08-14 ANTIC cv96) and cv96 clears the 55 slot floor by 41. GTC buy-stop at the live snapshot Entry_Price 225.76, ED +0.07 = +0.20% above the 225.30 close - provenance-clean, no chase, and NEVER at the expired 08-08 level of 224.39. Sizing: 0.50 x equity x 20% =, x0.75 size modulator (MoS -2.52 in the -3..-1 band) =, x0.5 anticipate slot = -> = (3.73% of equity) against; caps non-binding. Defined risk 168 x (225.76-206.05) = = 0.33% of equity. 1wk uses f=0.30 per L5 (calib_1w 0.134, 9 graded buys below the 10 floor, 12th session). Both 4wk 265.16 and 12wk 252.32 exceed the DCF anchor 163.98 (by 61.7% and 53.9%) and the 12wk sits BELOW the 4wk - forward-curve inversion, second occurrence on this ticker, so read the 4wk as the trade objective. Horizon: queue expires 08-18, AHEAD of 08-19 FOMC minutes, 08-21 opex and the 08-26 Q2 print - a clean window by construction. Bear counterpoint on the record: Burry's vendor-financing critique of the ~$500bn chip-buyer financing consortium, which is why this is 3.7% and not 7.5%. AnticipationUp_VCP|buy is n=1 in this book's scorecard (report-only, bias 0). Auto-withdraw if conviction <65, on expiry unfilled (reprice from the then-current snapshot), or on a settled close below EMA20 212.37. · news

decided @ 225.76 · stop 206.05 · t1w 237.58 · t4w 265.16 · t12w 252.32

Dell broke to a 52-week high, closing up 9.9% at after Super Micro guided FY2027 revenue to -72bn against a 5bn consensus - the market read that as the AI-server pie growing rather than Dell losing share, directly overturning the share-loss thesis that had knocked the stock down the day before. With a $43bn AI-server backlog and AI revenue up 757% last quarter, the position is now +7.9% and the model flipped from HOLD to BUY-ADD as conviction jumped. We are adding on further strength only, at half the model's size, because the shares have already converged onto our own DCF anchor and the late-August margin print is the unresolved risk. Operational: GTC buy-stop above the session high 484.71, so no fill without a new high and no cash committed otherwise; = 63.29% x 542 held = 343, halved by the MoS -3.02 size modulator; from. Position stop stays at the 444.14 ratchet for all post-fill (never lowered, and deliberately NOT raised - 1.14x ATR below the close is already tight, and tightening into day one of a breakout converts noise into an exit); defined risk on the add = 0.73% of equity. L1 applied as a discount not a veto - BreakoutUp_52W overshoots 4wk targets and the own-book cell is n=1/hit_1w 0.0, so read the +36.8% 4wk and +41.7% 12wk for direction, not magnitude (both exceed the DCF anchor). UT-10 tested and does not bind: it gates PullbackBuy_VWAP buy-LIMITS into an UNDERWATER name; this is a BreakoutUp_52W buy-STOP on a +7.86% position. Only the high-ATR leg holds (35.28 = 7.3% of price), which is why size is halved. f=0.30 per L5 (9 graded buys, below the 10 floor). Withdraw triggers: conviction <65, expiry 08-17 unfilled (reprice from the then-current snapshot, never republish @487.08), or a settled close below EMA20 435.27. · news

decided @ 487.08 · stop 444.14 · t1w 540.88 · t4w 666.40 · t12w 690.41

Exit the last of a losing TSMC position the model can no longer form any view on. The signal engine prints NO TRADE with conviction 0 and an Indeterminate pillar consensus ('consensus conflict + low conviction') for the third time in four sessions, while its 12-week projection of 376.25 sits 9.1% BELOW the 414.00 close — a directionless name with a negative forward view, held at a 5.5% loss. TSMC's business news is genuinely strong (Q2 revenue 2bn +36% y/y, net income +77%, Q3 guided +37%, 2026 capex raised to -64bn, a further $100bn committed to Arizona, and roughly of open-market buying by the CEO/CFO/COO since early July) — but that is a thesis argument, not a timing signal, and it does not override. If TSMC deserves owning here it deserves a fresh entry on a live buy signal with a real stop, not the remainder of a position already 61% sold. OPERATIONAL: 9th arming (07-25, 07-28, 07-29, 07-30, 07-31, 08-01, 08-04, 08-05, today). ROOT CAUSE OF THE 8 PRIOR NON-FILLS FOUND AND FIXED IN THIS CARD: every arming since 07-25 was written execution='market_on_open', which is outside paper_executor._EXEC_KINDS {market,gtc_limit,gtc_stop}; _eligibility returns None and drops the card BEFORE the skip-logging path, so it produced no output at all. The four TSM sells that did fill (07-17 to 07-22) all used execution='market'. This card uses 'market'. Basis is signal-based per CLAUDE.md s9 (sustained NO TRADE on a held position + negative 12wk, 16th session) and L2/UT-11 (an unfilled armed exit is an incomplete exit - re-fire, do not re-litigate on price action). Stop-break leg retired (close +8.20% above the 382.61 stop). PROFIT_ARMED at T12_Progress 110.03 with Gain_ATR -1.46 is the UT-9 arm-on-loss mislabel, inert, ~21st session - this is a loss-cut, not a profit-take. Valuation amplify suppressed by G2 (DCF 45.15 vs price 414.00, ~9.2x off) so val_adj forced to 0, 17th session. Proceeds at the 414.00 anchor close ref (08-05 open printed 419.32); realised ~- (-5.48% vs 438.02 cost). Est band 375.43-425.76: top only +2.84% above the exit, floor -9.32%. 08-10 TSMC monthly revenue lands two sessions after the exit, stance 'none' - not a sale into a catalyst. RE-ENTRY: BUY/STRONG BUY conv >=65 with a live Entry_Price and a Target_12Week ABOVE entry - not a price level, and not this position. · news

stop 382.61 · t12w 376.25

Dell broke to a fresh 52-week high on the back of an AI-server business that is now the whole story: last quarter's revenue grew 88% year on year, the company booked 4bn of AI orders, and management lifted its full-year revenue guidance to -169bn and its AI-server target to about $60bn. The model's read is the strongest this book has produced - a 52-week breakout at conviction 88, ranked first, with trend and momentum both near maximum - and the holding has just turned profitable for the first time since it was opened in July. We are adding to a winner we already own, at the model's own trigger price, with the risk line defined. The valuation screen is the one thing pushing back: on an earnings-power basis the shares look richly priced, which is why the add is deliberately half the size the signal alone would justify. Operational nuance: ADD path (112.34% x 347 =) x 0.5 size modifier (MoS_FV -3.14, <= -3 tier) =; GTC buy-stop at the printed Entry_Price 465.04 (ED -0.06, so it fills on the open unless DELL gaps below the trigger - that is the intended protection). Post-fill @ blended 448.63 = 25.3% of book, max_position_pct 60% not binding. L6 tested and does NOT bind: +8.92% is sector beta (SOX +6%, S&P record close, PLTR +30%), not a post-earnings gap - Dell last reported FQ1 2027 on 2026-05-28 and next reports late August. L1 overshoot flag: Target_Price 667.22 and even the f=0.30 1wk of 525.69 print ABOVE the model's own Est band top of 509.17; treat 509.17 as the credible 4-week ceiling. 12wk 639.35 exceeds the DCF anchor 485.61. UT-10 examined not merely cited: its not-underwater gate now passes ( +6.34%, Gain_ATR +0.70) while its non-spiking-ATR gate fails (ATR 29.22->39.77), and its stated scope is pullback-pyramiding, so it discounts size rather than vetoing. RSI_DIV on the row is neutralised as a trim trigger by G1 (fresh BreakoutUp at conv >= 80) and is a trail instruction, not a buy blocker. STOP RATCHET: the engine stop LOWERED 390.11 -> 385.49 on an up day (ATR expansion outran the anchor); stop is held at 390.11 and must never be lowered. Tighten on 08-07 NFP and 08-12 CPI (horizon stance tighten-trail). · news

decided @ 465.04 · stop 390.11 · t1w 525.69 · t4w 667.22 · t12w 639.35

TSMC's exit case has half-repaired, so we take profits on the de-risk rather than complete it: after a +5.5% session the shares closed at 424.61, back above the 50-day average and only 0.5% under our stop, which is no longer a decisive break - but the model's 12-week view (407.07) is still 4.1% BELOW the price and the engine still reads the name bearishly (AVOID, conviction 64 and rising) on a position we are underwater on. Q2 was a blowout (EPS +74.5%, FY26 revenue growth guided above 40%) yet the rally is a sector-wide AI bid on Taiwan's +83.6% US export orders, not a TSMC re-rating, and the capex raise to -64B is a real margin overhang. So: halve the position into strength at a price 5.5% better than the level the previous verdict was chasing, and keep the other half working with a raised stop. Operational: L2 re-tested and found half-satisfied (stop-break leg healed, negative-12wk leg survives) -> exit SCALED from a full reduce-to-30-residual down to a 50% trim; L3/UT-11 escalation of a FOURTH consecutive 30-share partial fill (txn ustech-20260722-0001) - act at the right size, do not drip a fifth session; G2 SUPPRESSES the valuation amplify (DCF vs price is ~10x broken) so the MoS<=-3 tier bump is deliberately NOT applied; UT-9 - PROFIT_ARMED prints at T12_Progress 104.31 on a -3.06% underwater position (Gain_ATR -0.74) = arm-on-loss mislabel, inert, this is a loss-trim not a profit-take; L5 f=0.30 (calib -0.299 degenerate); L6 no post-rebound chase. Residual on a raised stop 406.37 (close - 1xATR, ratcheted up from 385.00). Proceeds. · news

decided @ 424.61 · stop 406.37 · t12w 407.07

TSMC's exit case has half-repaired, so we take profits on the de-risk rather than complete it: after a +5.5% session the shares closed at 424.61, back above the 50-day average and only 0.5% under our stop, which is no longer a decisive break - but the model's 12-week view (407.07) is still 4.1% BELOW the price and the engine still reads the name bearishly (AVOID, conviction 64 and rising) on a position we are underwater on. Q2 was a blowout (EPS +74.5%, FY26 revenue growth guided above 40%) yet the rally is a sector-wide AI bid on Taiwan's +83.6% US export orders, not a TSMC re-rating, and the capex raise to -64B is a real margin overhang. So: halve the position into strength at a price 5.5% better than the level the previous verdict was chasing, and keep the other half working with a raised stop. Operational: L2 re-tested and found half-satisfied (stop-break leg healed, negative-12wk leg survives) -> exit SCALED from a full reduce-to-30-residual down to a 50% trim; L3/UT-11 escalation of a FOURTH consecutive 30-share partial fill (txn ustech-20260722-0001) - act at the right size, do not drip a fifth session; G2 SUPPRESSES the valuation amplify (DCF vs price is ~10x broken) so the MoS<=-3 tier bump is deliberately NOT applied; UT-9 - PROFIT_ARMED prints at T12_Progress 104.31 on a -3.06% underwater position (Gain_ATR -0.74) = arm-on-loss mislabel, inert, this is a loss-trim not a profit-take; L5 f=0.30 (calib -0.299 degenerate); L6 no post-rebound chase. Residual on a raised stop 406.37 (close - 1xATR, ratcheted up from 385.00). Proceeds. · news

decided @ 424.61 · stop 406.37 · t12w 407.07

Cut the loss on TSM: sell 206 of and keep only a 30-share tail. TSMC's Q2 was a genuine blowout - record revenue, profit +77% and full-year growth guidance lifted above 40% with Arizona spending raised to - but the market has spent five sessions selling that news, knocking the shares ~7% from the print on fears that the -64B capex bill compresses margins. Our own forward view has now flipped decisively negative: the 12-week projection has slid ->, i.e. 6% BELOW today's price, while the stock sits 5.7% under its protective stop and 8.2% underwater on cost. Strong fundamentals the tape refuses to pay for are not a reason to keep holding a broken chart, so we step out and leave a small tail in case the AI cycle reasserts. OPERATIONAL: third re-fire of the same armed exit - the 07-17 and 07-18 proposals each executed as only, so the de-risk is still incomplete; UT-11/L3/UT-3 say escalate the residual now, do not re-defer. L2 fully satisfied (decisive break of the 426.80 stop + negative 12wk + bearish/absent signal); row label is NO TRADE (conv 0, consensus conflict) but the label is not required. Residual on stop 385.00 (close - 1xATR); close 402.30 still above EMA200 359.77 so not a full below-EMA200 exit. Valuation val-blind: DCF vs price is broken -> G2 suppress, MoS -16.05 not applied. UT-9: PROFIT_ARMED prints (T12_Progress 106.51) on a -8.15% underwater position (Gain_ATR -2.10) = arm-on-loss mislabel, inert - this is a loss-cut, not a profit-take. Estimates: 1wk/4wk n/a (no Target_Price on a NoTrade row; model band 388.83-447.08), 12wk 377.71 (-6.1%); f=0.30 per L5 (calib_1w -0.299 degenerate). Execution pending the next US open 2026-07-21; reprice if the open gaps >~1.5%; grade from the execution price. L2/L3/L4/L5/L6/L8, UT-3/UT-9/UT-11 applied. · news

decided @ 402.30 · stop 385.00 · t12w 377.71

Complete the armed L2 exit: sell 236 more of TSM (reduce -sh residual on stop 380.00). The prior 07-17 SELL 90% only PARTIALLY executed - the auto-executor sold just @ 392.12, leaving 266 held - so the de-risk is incomplete and per L3/UT-3 escalate rather than re-defer. The bear case has STRENGTHENED: row is bearish AVOID/RallySell_BearTrend (conv 49), Target_12Week flipped from +0.4% flat (07-17) to -3.8% NEGATIVE (383.29 vs close 398.37), and the close is a decisive break of the documented 426.80 stop (GainATR -2.15, -9.05% underwater). L2 fully satisfied (stop-break + negative 12wk + bearish signal). Keep a 30-sh residual (TSMC's record Q2 warrants a small tail; close 398.37 is still above EMA200 359.04 so not a full below-EMA200 exit) on stop 380.00 (close - 1xATR). News NEUTRAL for the trade: TSMC Q2 was a blowout (rev +36% YoY, EPS +77%, HPC 66%, + Arizona, FY26 guide >40%) but the stock SOLD the news (-2.77% post-print, still sliding) - fundamentals already priced, price action rejected them; news does not cancel the signal exit. Valuation GROWTH_PRICED_IN MoS -16.05 but DCF is broken -> G2 suppress, val-blind. PROFIT_ARMED prints but underwater (GainATR -2.15) = arm-on-loss mislabel, not a profit-take. Execution pending next US open 2026-07-20; reprice if the open gaps >~1.5%; grade from the execution price. Proceeds L2/L3/L4/L5/L6/L8 applied. · news

decided @ 398.37 · stop 380.00 · t4w 403.50 · t12w 383.29

DELL prints STRONG BUY - ADD conv 100 on PullbackBuy_VWAP with a AI-server backlog, FY27 EPS guide up, 19-up/0-down EPS revisions and a Street 12mo target - a genuinely strong AI-infrastructure name back above our cost. But it just popped +8% and closed 1.32 ATR above the model entry (RSI_DIV), so per no-chase (L6/UT-6) we queue the ADD at the 419.03 model entry rather than chase the pop; fills only on an ~8.4% pullback. Held-name ADD so quality gate N/A; val_adj -10 (MoS -3.06), size-mod 0.5x (MoS<=-3). Stop 420.12 (ratchet, do not lower to model 360.70). 12wk 651.99 exceeds DCF (growth-beyond-priced-in). Auto-withdraw if conv<65 or unfilled by 2026-07-17. · news

decided @ 419.03 · stop 420.12 · t1w 432.06 · t4w 462.46 · t12w 651.99

Dell flips to a fresh STRONG BUY on MomentumContinuation_Up (Buy_Rank #1, conv 78) with a self-limiting buy-STOP above market at 450.88 (close 431.97, +4.4% away) -> it fills only if momentum resumes, so no chase (UT-6/L1). Quality gate PASSES (F-Score 8, FAIR_VALUE) so the new entry is allowed, but the name is priced above intrinsic (MoS_FV -2.50 -> val_adj -10, adj conv 68) and Street is cautious: avg PT (~+12% from close) yet shares -8.7% over 30d and UBS says the 2026 near-doubling caps further upside -> news NEUTRAL, the stop-entry structure is the right hedge. Sized 0.6695*1M*0.20=133,900 x0.75 size-mod (MoS in -3..-1) = 100,425 ->. Stop 351.50 is wide (3 ATR, -22%). Executes next US open 07-09 as a GTC buy-stop, expires 07-14 (=CPI day). CAVEATS: model 4wk 649.65 / 12wk 615.56 both exceed DCF & Street anchor (annotate); 4wk target sits ABOVE the 12wk (model inconsistency); PROPOSED-P1 (inert) flags MomentumContinuation_Up as a weak 1wk cell (0/3, -18.9% overshoot) -> watch the fill. f=0.30 (calib degenerate, L5). L8: pending next open, reprice if the open gaps >~1.5%. · news

decided @ 450.88 · stop 351.50 · t1w 510.51 · t4w 649.65 · t12w 615.56

AI-foundry momentum upgraded to STRONG BUY (conv 76, Buy_Rank #3) off the settled 07-06 close: Barclays Overweight PT, consensus Strong Buy (13/17), 3nm capacity expansion (TW/AZ/JP) + wafer price hikes, +93% 52wk. Model prints a Market order at 451.79 but converted to a GTC buy-limit at the same price to avoid chasing into the 07-08 FOMC minutes (overlay: no new leverage into the print), 07-14 CPI, and Q2 earnings 07-16 -> fills only without a gap-up; expires 07-10, before earnings. FailedBreakdown_Up_20D is an L1-discounted chase cell and this is a single fresh print (L4) -> modest starter, not a max position. NA_CCY valuation -> val_adj 0, gate off. f=0.30 (L5). Sized 0.6695*1M*0.20 ->. · news

decided @ 451.79 · stop 438.91 · t1w 467.25 · t4w 503.31 · t12w 538.11