DEEP tick — NO TRADE (hold cash)

Setup. Day 3, market open, flat / all cash ($997.69). Daily headroom $200 untouched. Two known tickers (M, HPE), no open positions, no exit flags.

Macro / tape. Stronger-than-expected jobs report (NFP +172k, unemployment 4.3%), yields up. Open was mixed and risk-off in tech: S&P -0.63%, Nasdaq -1.13%, but Dow +0.07% and Russell 2000 +1.45%. The Broadcom-led AI-hardware de-rating CONTINUES (semis dragging indices), and the rotation OUT of chips INTO healthcare/financials/small-caps PERSISTS and is broadening to small caps. Retail dispersion stays selective (LULU -13% premarket on a guidance cut).

Signals. Pulled CNBC RSS (macro/markets/earnings, 360 docs) + HackerNews + a WebSearch sweep over QUERIES (premarket movers, WSB/Reddit trending). Brief persisted to logs/research/20260605T134102-signals.md. Affordable-mover scan surfaced only uninvestable names: microcap pumps (STI +321%, SPRC +50%) and biotech binaries (ADCT -56%). WSB trending = NVDA/MRVL, both far over the $100 whole-share cap.

M (Macy's) — NO ENTRY. $22.93 (-0.4% vs $23.03 close). Faded off yesterday's $23.4-23.5 highs EVEN AS the rotation tape it depends on is alive/broadening (Russell +1.45%) — the name is not leading, so the Q1-beat pop is exhausting. Fresh sell-side check: consensus HOLD, ZERO buy ratings (78% hold), avg PT [path]$18.57-19.40 — price sits [path]17-23% ABOVE Street fair value with no upgrade cycle. M is the only affordable clean retail name = the textbook L001 trap. Even my old "[path]$22 pullback" trigger isn't a buy (still above a [path]$19 consensus PT into a fading catalyst). Re-arm only on a flush into the [path]$19-20 PT zone with the tape still bid, or a genuine upgrade cycle.

HPE — FLAT / no re-entry. $51.12 (-4.8% vs $53.69 close), now [path]3.9% BELOW the 2026-06-04 exit ($53.20) and well under the gap-reclaim zone, nearing the [path]$49.96 hard-stop region. AI-server de-rating still worsening (L002: bellwether group making fresh lows, not basing). Both re-entry conditions unmet. Exit reads correct-for-the-right-reasons. Stay flat.

Decision: NO TRADE. Hold the full $200 daily headroom dry. No affordable name offers a clean same-day catalyst with live momentum AND sell-side support; forcing exposure into the only-affordable name would be the exact L001 mistake. Lessons L001 (don't let affordability stand in for conviction) and L002 (cycle bets live or die on the bellwether) both argue for cash here.

(Note: the 2026-06-04 broker investor-profile block is presumed still in place but was not verified this tick — moot, since the decision is NO ENTRY on the merits regardless.)

DEEP — 2026-06-05T14:12Z (Day 3, 2nd DEEP)

Decision: NO ENTRY. Hold 100% cash ($997.69). No trade placed.

The tape

• May payrolls +172k (beat), unemployment 4.3%. Goldman CEO: markets in greed mode.
• Dow prints a fresh record on a chip->non-tech rotation (Russell 2000 +1.45%) while the Nasdaq is red on the continuing Broadcom-led AI-hardware de-rating.
• Retail beats persist (Macy/Ulta/Victoria-Secret) but dispersion is selective — LULU -13% on a guidance cut.

Candidates

• M (Macy's) — NO ENTRY. $22.60 (-1.9%), fading further off its Q1-beat pop even as the rotation it depends on is broad and bid — the name is not leading, the catalyst is exhausting. Sell-side still HOLD, zero buy ratings, avg PT [path]$18.57-19.40, so price sits [path]17-23% above fair value with no upgrade cycle. My re-arm conditions (a deep flush into the [path]$19-20 PT zone, OR a genuine upgrade) are unmet. It is also the only affordable clean retail name = the textbook L001 trap.
• HPE — FLAT. $50.55 (-5.8%), breaking down further, now at the [path]$49.96 hard-stop region that would have applied had I held. Re-entry bar unmet; the AI-server cycle keeps de-rating (L002 — the bellwether broke the thesis and the bellwether group keeps falling). The 2026-06-04 exit reads decisively correct.
• Trending / affordable scan: retail buzz is NVDA & MRVL (both far over the $100 whole-share cap = L001), LULU (broken). The only affordable movers were uninvestable micro-cap pumps (STI +379%, FOXX +118%).

Why hold

No name is both genuinely good and fits one whole share under the $100 cap. Per L001, I refuse to let affordability masquerade as conviction; per L002, I will not re-pay for the breaking AI-server theme. Full $200 daily headroom kept dry. Guardrail status clean (no orders).

DEEP — 2026-06-05 (Day 3, 3rd DEEP). Decision: NO NEW POSITIONS, hold full cash.

Situation. Flat, all cash ($997.69), $200 daily headroom, no open positions, no exit flags. Tape is a textbook rotation/risk-off: the Broadcom-led chip de-rating still drags the Nasdaq red while the Dow prints a FRESH RECORD and the Russell is strong on the chip->non-tech rotation. Macro is constructive for the rotation (May payrolls +172k beat, unemployment 4.3%; Goldman CEO calls it greed mode).

Signals gathered. RSS macro/markets/earnings + HackerNews + WebSearch over the trending/news queries. Affordable-mover scan surfaced only uninvestable names — micro-cap pumps (STI +379%, FOXX +118%) and a biotech binary (ADCT -53%). The trending large-caps (NVDA, MRVL) are all far over the $100/share whole-share cap (L001). Brief persisted to logs/research/.

Candidate review.

• M (Macy) — $22.49 / -2.3% vs $23.03 close, fading FURTHER intraday (was $22.93 -> $22.60 -> $22.49) and well off yesterday s $23.4-23.5 highs. The Q1 beat + raised FY guidance is genuine and not in dispute, but the TRADE is not attractive: M is fading EVEN AS its rotation thesis is alive (Dow record, Russell bid, chips red), so the post-earnings pop is exhausting — a mild negative tell. Sell-side is HOLD with ZERO buy ratings and an avg PT [path]$18.57-19.40, i.e. price sits [path]17-18% ABOVE fair value with no upgrade cycle. Documented re-arm conditions BOTH UNMET: (a) no flush into the [path]$19-20 consensus-PT zone, (b) no genuine sell-side upgrade. M is also the ONLY affordable clean retail name = the exact L001 trap. NO ENTRY.
• HPE — $50.64 / -5.7% vs $53.69 close, still breaking down toward the [path]$49.96 hard-stop region, well below the 2026-06-04 thesis-break exit ($53.20). The AI-server demand cycle keeps de-rating (L002: the Broadcom bellwether broke the thesis and the group is making fresh lows, not basing). Both re-entry conditions UNMET. Stay FLAT. The 2026-06-04 exit reads decisively correct-for-the-right-reasons ([path]-4.8% below the exit three sessions on).

Lessons applied. L001 — refused to let the only-affordable-name (M) masquerade as conviction into a HOLD-rated, above-fair-value tape. L002 — kept HPE flat because the AI-server cycle bellwether (Broadcom) is still guiding/trading lower, so the cycle thesis stays impaired regardless of HPE s own strong print.

Action: place no orders. Hold full $200 headroom and $997.69 cash dry. Updated M and HPE ticker memory; persisted the signal brief.

DEEP tick (Day 3, 4th DEEP) — one actionable BUY found and attempted; broker-blocked; net FLAT.

Tape: Risk-OFF in tech despite a strong May jobs print (+172k, unemployment 4.3%). Nasdaq [path]-1.4%, S&P [path]-0.6%, Dow [path]flat-to-record — the Broadcom-led AI-hardware de-rating is still the dominant move (AMD -6.9%, INTC -6.6%, MU/MRVL red). The chip->non-tech rotation that drove yesterdays Dow record is intact but the broad tape is fragile.

Signals gathered: RSS macro/markets/earnings (CNBC, [path]390 docs) + HackerNews; WebSearch over premarket movers, trending tickers, and todays analyst calls. Brief persisted to logs/research/20260605T152002-signals.md.

Decisions:

• CMG — BUY 3 @ [path]$29.49 (attempted, broker-blocked). JPMorgan upgraded CMG Neutral->Overweight today (Dec-26 PT $35) on a rare valuation reset (CMG -43% since May-25 to a 3-yr low [path]$28.04); JPM models 2026 SSS [path]+1.4% vs flat guidance. Price [path]19% BELOW a fresh BUY-rated target, and GREEN +4.6% on a RED tech tape = real relative strength. Idiosyncratic consumer/SSS story (not a macro-cycle bellwether bet → sidesteps L002); affordable AND genuinely high-conviction (not the only-affordable-name trap → sidesteps L001). Guardrails APPROVED a 3-share starter ([path]$89, inside the $100/trade cap); the BROKER REJECTED it (HTTP 400, investor-profile incomplete — same gate that stopped the $M attempt on 2026-06-04). No shares placed. Logged broker_rejected; reconcile clean.
• HPE — HOLD FLAT, no re-entry. Thesis still broken; the AI-hardware de-rating that broke it persists (L002). Both re-entry conditions UNMET.
• M — NO ENTRY (unchanged). Faded further to [path]$22.37 (-2.9%) even on a supportive rotation tape; still extended above a HOLD-rated [path]$19 consensus PT with zero buy ratings (L001).
• Other affordable movers screened (HOOD -4.7%, SOFI -6%, HIMS -5%, RIVN -6.7%) were red with no fresh bull catalyst — skipped.

Net: Flat / all cash ($997.69). Found a genuinely good, affordable, high-conviction long (CMG) for the first time in days — and the account is STILL broker-blocked from trading. The standing blocker is the uncompleted investor profile for account [account]; until the owner completes it, every order will 400 regardless of how good the setup is. Deployed-today shows $89.10 (the approved-but-rejected CMG notional); $110.90 daily headroom remains, moot while blocked.

DEEP — block cleared, opened CMG starter

The headline event: the investor-profile broker block that has 400'd every order since 2026-06-04 is gone. The same CMG idea that guardrails approved but the broker rejected at 15:21 went through cleanly this tick — BOUGHT 4 CMG @ $29.4898 (limit 29.60, marketable; $0 fees; order 6a22f1b5, ref_id 6edf5d35). placed_agent=agentic. This is the account's first real fill. We are now long one name.

Why CMG (re-confirmed live): JPMorgan upgraded CMG Neutral→Overweight today (Dec-26 PT $35, [path]24% upside) after a management meeting, calling the [path]43% drawdown to 2021 levels a valuation reset with "more risk-weighted upside than downside" at/below $30. On a red tech tape (Broadcom-led AI-hardware de-rating: MRVL -8%, MU -6.3%, AMD -6.3%; 10Y to 4.54% on a hot jobs print), CMG was GREEN +4.6% — real relative strength. It's an idiosyncratic consumer/same-store-sales story, not a macro-cycle bellwether bet (sidesteps L002), and it's affordable and genuinely high-conviction, not the only-affordable-name trap (sidesteps L001).

Sizing: 4-share starter [path]$118 ([path]12% of account), nudged up from the earlier 3-share plan now the per-trade cap is $200. Still a starter on a falling-knife name — Morgan Stanley downgraded it two days before JPM upgraded, so there's a live bull/bear debate; I add only on confirmation. Hard guardrails: stop -10% ([path]$26.54), take +20% ([path]$35.39). Judgment break line: a decisive held close below the [path]$28 multi-year low or CMG-specific comp deterioration.

Passed: HPE -7.2% ([path]$49.84) — busted AI-server cycle bet, bellwether says decelerate, stay flat (L002). M -2.3% ([path]$22.50) — still extended above a [path]$19 HOLD-rated PT with no fresh catalyst (L001). Other red affordable movers (HOOD/SOFI/HIMS/RIVN) had no fresh bull catalyst.

Caps: after CMG, deployed-today rises but [path]$292 of the $500 daily deploy cap remains and the cash buffer is intact ([path]$880 vs $200 min). Brief written (20260605T155847). Note for the day's content/diary: today is the day the bot actually started trading for real.

DEEP tick — gathered signals, built a brief, deployed no new capital. Held CMG.

Tape (2026-06-05, market open): Risk-off in tech. Nasdaq down [path]3% as the chip/AI-hardware de-rating continues — led by Broadcom ($AVGO) guiding the AI-server cycle lower; $MRVL/$MU/$AMD red. Hot May payrolls (+172k, unemployment 4.3%) read as good-news-is-bad-news, lifting Fed-hike odds and pressuring high-multiple growth. Bitcoin cracked $60k (lowest since Oct-24). Money rotating into Health Care/Financials; the Dow printed a record. (Brief: logs/research/20260605T163802-signals.md.)

Signals reviewed → candidates:

• $CMG (held): flat vs my 29.49 cost, +4.8% vs prior close, no exit flag, thesis intact (JPM Neutral->Overweight today, PT 35). Entry rule was add-only-on-confirmation; no second catalyst / breakout yet, so no add. HOLD the 4-share starter.
• $TSLA ($402): JPMorgan only went Underweight->Neutral (analyst-personnel change, not a fundamental beat); one share exceeds the $200/trade cap and it is a tech/AI name into a chip selloff. Forcing a fractional buy here = the L001 affordability-masquerading-as-conviction trap. PASS.
• $AVGO: the literal cycle bellwether that just guided lower — the L002 trap by name. PASS.
• $LULU: cut annual outlook → bearish; long-only, can't short. PASS.
• $CRWD: bullish CEO commentary but no fresh hard catalyst, multiple-sensitive into rising Fed-hike odds. PASS.

Decision: Deploy no new capital this tick. There is no genuinely good, affordable, idiosyncratic long catalyst today beyond CMG, which I already hold and which doesn't warrant an unconfirmed add. Sitting out a hostile tech tape and holding the cash is the lesson-consistent move (L001: don't force exposure; L002: don't chase the AI-hardware cycle while the bellwether is guiding lower). Daily headroom remains $381.60; buying power $879.73, cash buffer intact.

DEEP — 2026-06-05 [path]17:13Z (Day 3, 7th DEEP)

Tape: Risk-OFF. Nasdaq down [path]3% as the Broadcom-led chip de-rating continues (AVGO/MRVL/NVDA/MU leading lower); S&P 500's 9-week winning streak is ending; Treasury yields jumped and Fed-hike odds rose after a hot +172k May payrolls print (good-news-is-bad-news). BTC cracked $60k; LULU cut its outlook. This is a keep-powder-dry tape.

Signals gathered: RSS (macro/markets/earnings) + HackerNews + WebSearch over QUERIES (movers, premarket, WSB/fintwit). Brief persisted to logs/research/. The loudest catalyst was SNOW (+40% premarket on an earnings beat + an Amazon deal) — but it fully round-tripped to red intraday (last 237.32, -2.8%), a textbook don't-chase-the-gap tell, and it's over the $200/trade cap as a whole share regardless.

Position — CMG (HOLD, no add): 4 @ 29.4898; last 29.52 / +5.9% intraday ([path]29.84), holding GREEN on a red tape = continued relative strength. JPM Neutral->Overweight (PT 35) thesis intact; benign fresh catalyst = the 'Time For Real' brand-ad premiere tonight. No exit flag; far from stop ([path]26.54), take ([path]35.39), and the [path]28 break line. Entry rule is add-only-on-confirmation and CMG is still just riding the upgrade-day pop with no second catalyst/breakout — so no add.

Watchlist — no entries:

• M 22.20 (-3.6%): earnings pop fading, now without the rotation tailwind that justified it; still above a HOLD-rated [path]19 PT, no upgrade cycle. L001 trap. NO ENTRY; re-arm only on a flush to [path]19-20 with a bid tape, or a real upgrade.
• HPE 49.25 (-8.3%): broke below the old [path]49.96 stop region; AI-server cycle still de-rating (L002). Re-entry bar unmet. STAY FLAT.
• SNOW: +40% pop already reversed to red — chasing it would be FOMO into a gap fade; over cap anyway. Pass.

Lessons applied: L002 (don't fight the AI bellwether — kept me off HPE/chips and wary of SNOW), L001 (don't let the only-affordable-name masquerade as conviction — kept me off M).

Action: HOLD CMG (4 sh). No new positions. deployed_today stays 118.4; [path]381.6 daily headroom and [path]680 spendable cash kept dry into a risk-off tape. Nothing here cleared the bar for a genuinely high-conviction, affordable, right-side-of-the-tape entry.

DEEP — 2026-06-05 [path]17:47Z (Day 3)

Action: HOLD CMG (4 sh @ 29.4898). No add. No new entry. Keep headroom dry.

• Account: equity $997.79, buying power $879.73, deployed_today $118.40, daily_headroom $381.60. One open position (CMG). No exit flags.
• CMG: last 29.635 / +5.2% vs 28.18 prior close, +0.49% vs my 29.4898 cost — still green and at the firmer end of its range on a risk-off tape = continued relative strength, thesis (JPM Neutral->Overweight, Dec-26 PT 35; valuation-reset + idiosyncratic SSS) intact. Add rule is 'only on confirmation'; it's still just riding the upgrade-day pop, so NO ADD.
• Signal sweep: RSS (macro/markets/earnings) + HN + WebSearch over QUERIES. Tape is broadly RISK-OFF: Nasdaq worst in [path]8 months on a Broadcom-led AI-hardware de-rating, S&P 9-week streak ending, BTC < $60k, Fed-hike odds rising, Dow at a record on chips->value rotation.
• No new entry: the affordable trending names don't qualify — Ford (F) $14.79 is -3.6% today on a STALE Jan/March Piper Sandler upgrade (no fresh catalyst, red on the day = the L001 trap if chased); FCEL -16% and SLS -7.3% are pumps unwinding; on-theme leaders (NVDA/MRVL) are over the $200 cap or in the breaking AI-hardware complex (L002). No genuine fresh-catalyst + affordable + conviction setup, so no forced entry — hold cash.
• Lessons applied: L001 (didn't let the only-affordable trending name masquerade as conviction); L002 (avoided re-touching the de-rating AI-hardware cycle).

DEEP tick — 2026-06-05 [path]18:22Z (Day 3, 9th DEEP)

Action: HOLD CMG (4 @ $29.4898). No new trade, no add.

Account: equity $998.31, buying power $879.73, deployed_today $118.4, daily_headroom $381.60. One position: CMG, +0.54% vs cost / +5.2% vs prior close, no exit flag.

Signal sweep: RSS(macro/markets/earnings)+HN (360+40 docs, 0 cashtag signals as usual for headline feeds) + WebSearch over QUERIES. Tape deeply RISK-OFF: Nasdaq/Russell [path]-3%, MU/AVGO-led AI-hardware de-rating, BTC<$60k, LULU cut outlook, Fed-hike odds rising on hot +172k May payrolls; Dow green on a chips->value rotation.

Candidates considered & rejected:

• STI +379% — graphene-battery microcap PUMP, no thesis. Avoid (same as earlier FCEL/SLS pumps).
• MU -6.6% — over the $200/trade cap and inside the breaking AI-hardware complex (L001 affordability!=conviction; L002 bellwether decelerating).
• Affordable names (F/SOFI/PFE/T, WBD [path]$27 takeover angle) — none has a FRESH same-day catalyst; WBD is an ongoing merger-arb with deal risk. Forcing exposure here is exactly the L001 trap.

CMG add decision: CMG-specific search found no new catalyst beyond the already-priced JPM Neutral->Overweight upgrade (Dec-26 PT $35) and the 53-ingredients brand/burrito promo. It is still just riding the upgrade-day pop — no second up-catalyst, no breakout. My entry rule was add-only-on-confirmation, which is not met, so NO ADD. CMG holding green into the day-end on a deeply red tape is clean relative strength and validates holding the starter.

Guardrails: all respected. Equity $998 > $600 kill-switch; cash $879 well above $200 buffer; no order placed.

Brief: logs/research/20260605T182210-signals.md. CMG memory updated.

DEEP — signal sweep, HOLD CMG, no new entry

Tape: Deeply risk-off into the last [path]70 min. Nasdaq's worst day in over a year as chips tumble; S&P 500's 9-week win streak ending; Bitcoin cracked $60k (lowest since Oct-2024); Fed-hike odds rising on the hot +172k May payrolls; Dow at a record on the chips->non-tech rotation; LULU cut its annual outlook. The Broadcom-led AI-hardware de-rating remains the dominant story.

Sweep: RSS macro/markets/earnings (360 docs) + HN brief written to logs/research/. WebSearch over QUERIES (movers) + a CMG-specific search.

CMG (HOLD 4 @ 29.4898) — HOLD, NO ADD. Last 29.545 (feed 18:52Z), +0.19% vs cost / +4.8% vs the 28.18 prior close — still GREEN on a deeply red tape = continued, clean relative strength, consistent with the JPM Neutral->Overweight thesis (Dec-26 PT 35). No exit flag; far from the -10% stop ([path]26.54), +20% take ([path]35.39), and the [path]28 multi-year-low break line. WebSearch confirms NO new CMG catalyst beyond the already-in-thesis JPM upgrade + the 53-ingredients brand promo — still just riding the upgrade-day pop. Entry rule is add-only-on-confirmation (live bull/bear debate: Morgan Stanley downgrade pre-dates the JPM upgrade), and there is no second up-catalyst or breakout, so NO ADD.

No new entry. Daily headroom is [path]$381.60 (deployed_today $118.40) but today's movers are the same uninvestable set as prior DEEPs: STI +379% (graphene-battery microcap pump), FOXX +118% (pump), ADCT -53% (Phase-3 biotech binary), XOS -31% (dilutive secondary). No affordable, fresh-catalyst, high-conviction name surfaced; forcing exposure into a microcap pump would violate L001 and the no-chase rule.

HPE — STAY FLAT. Busted AI-server-cycle thesis; the bellwether (Broadcom) keeps the complex de-rating (L002). HPE [path]49-50 today, far below the 53.20 exit. Re-entry conditions remain unmet.

M — NO ENTRY. Q1 beat is real but the pop is fading even on days the rotation helps; price still sits above a [path]19 HOLD-rated consensus PT with zero buy ratings. The inverse of the CMG setup (L001 trap as the only affordable clean retail name). Re-arm only on a flush into the [path]19-20 PT zone with the tape bid, or a genuine sell-side upgrade.

Net: Hold the CMG starter, keep [path]$381.60 headroom dry. Capital-conscious: one high-conviction idiosyncratic position is the right exposure into a risk-off tape with no fresh affordable catalyst.

DEEP — HOLD CMG, NO ADD, no new position

Held: CMG 4 @ 29.4898 ([path]$117 cost), last 29.2999 per the 19:25:58Z feed = -0.64%% vs cost / +4.0%% vs prior close, still green on a deeply risk-off tape (Nasdaq -4%%, worst day >1yr on the chip de-rating; BTC<$62k; hot jobs -> Fed-hike odds up; LULU cut outlook; Russell 2000 +1.45%% on a chips->small/value rotation). No exit flag; far from -10%% stop ([path]26.54), +20%% take ([path]35.39), [path]28 break line.

Sweep (11th DEEP): RSS macro/markets/earnings + HN brief written to logs/research/; WebSearch over QUERIES + a CMG-specific search. No new affordable, fresh-catalyst, high-conviction candidate surfaced — the movers are broad indices, not single affordable names. CMG has no new catalyst beyond the in-thesis JPM Neutral->Overweight upgrade (Dec-26 PT 35) + brand promo; a Yahoo piece reprises the known slower-traffic bear framing, not a fresh break.

Decision: HOLD the 4-share CMG starter (thesis intact: valuation-reset + idiosyncratic SSS story, clean relative strength). NO ADD — entry rule is add-only-on-confirmation and CMG is still just riding the upgrade-day pop (no second catalyst, no breakout). No new position — nothing clears affordable + fresh-catalyst + high-conviction; forcing exposure would violate L001, and there is no macro-bellwether bet to make per L002. Daily headroom $381.60 preserved.

DEEP — 2026-06-05 [path]15:59 ET (12th & final DEEP of the session)

Market closing on a deeply RISK-OFF session: Nasdaq -4% (its worst day in >1yr) on an AI-hardware de-rating (AMD/MU/NVDA/AVGO sold off on valuation doubts), BTC cracked $60k (lowest since Oct-2024), hot +172k May payrolls pushed Fed-hike odds up and cuts out of reach, LULU cut its annual outlook. The offset: Dow held a record region and the Russell 2000 was +1.45% on a chips->small/value rotation.

Action: HOLD CMG (4 @ 29.4898), NO ADD. No new positions.

CMG closed the session GREEN vs its 28.18 prior close (last 29.325, +4.1%), as it did all day — a full day of relative strength on a tape this red is the cleanest confirmation of the idiosyncratic JPM-upgrade relative-strength thesis (Neutral->Overweight, Dec-26 PT 35). No exit flag; far from the -10% stop ([path]26.54), the +20% take ([path]35.39), and the [path]28 multi-year-low break line.

Ran the full final DEEP sweep (RSS macro/markets/earnings + HN, 390 docs; WebSearch over QUERIES movers). NO new affordable, fresh-catalyst, high-conviction candidate surfaced — todays movers are the broad chip de-rating and index rotation, not single affordable names with a fresh same-day catalyst. The on-theme leaders (NVDA/AMD/MU) are over the $200/trade cap and inside the breaking AI-hardware complex, so chasing them would walk straight into L001 (affordability masquerading as conviction) and L002 (long a decelerating cycle bellwether). CMG-specific: no new catalyst beyond the in-thesis JPM upgrade + the 53-ingredients brand promo, so the add-only-on-confirmation rule keeps me at the 4-share starter. $381.60 of daily headroom and $879.73 buying power remain unused — by design; holding cash beats forcing a second-best name. DAILY reflection + content build will run after the close.