DEEP — 2026-06-15 (Mon, [path]09:32 ET)

Decision: NO new position. Carry [path]$536 dry powder INTO the FOMC.

The tape

Hard risk-on melt-up on a US-Iran peace deal: Dow +600, Nasdaq futures +1.95% / S&P +1.23% premkt, US crude under $80 for the first time since March (Hormuz set to reopen), 10y yields sliding on a "rethink on Fed hikes," gold at a 6-month low. SpaceX IPO mania dominates the feed (Musk first trillionaire, [path]$2T cap on day 2). M&A pulse: Fox-Roku $22B, Paramount-WBD DOJ-cleared. Lululemon cut its outlook.

The event that decides this tick

FOMC 6/16-17 starts tomorrow. Markets price 98-99% no-change (funds 3.5-3.75%) under Chair Warsh, but the real risk is a hawkish bias-shift (easing->neutral) given CPI 4.2%, a strong labor market, and last meeting's 8-4 dissent. That is an asymmetric, binary, scheduled event.

Why no trade (lessons load-bearing)

• L005 (event discipline): the highest-EV move the day before a scheduled binary is to carry dry powder INTO it, not spend it. A peace-deal melt-up the session before a possibly-hawkish Fed is the worst possible entry — a post-FOMC flush would buy better; a dovish melt-up I'm already long via 5 positions.
• L004 (one template = one risk factor): the book is already 5x the same "buy-rated analyst PT reset, entry below PT" consumer-disc/aero template. Adding a 6th clone is doubling one bet, not diversifying. Add-only-on-confirmation remains unmet for every name.
• L001 (affordability != conviction): the day's movers were mega-cap / SpaceX-orbit names out of the $200 cap, or a week-old CBRL earnings pop (already +26%). No fresh AFFORDABLE decorrelated buy-rated-below-PT catalyst surfaced.

Book

All 5 green, zero exit flags, all below the +10% trailing-stop activation so the fixed -10% hard stop governs. EMBJ +8.4% (popped from +1.5% Friday) riding the airlines/lower-oil tailwind from the peace deal — the one position the tape actively helps; thesis strengthening but still a single-bank starter, no add. FRVO crosswind: crude <$80 is a headwind for the energy sleeve — watching, thesis intact. Refreshed all 5 ticker memories.

Deployed today $0 / $500 headroom. Buying power $536.35 preserved for post-FOMC.

DEEP tick (Day 13, [path]10:09 ET, 2026-06-15). Market open. Action: HOLD all five, deploy nothing — third no-new-position decision of the day, and it's the right one.

Account: equity $1,034.52, cash/BP $536.35, deployed today $0, daily headroom $500, kill-switch far away ($600). Book at/near its high-water mark; total unrealized positive across all five.

Signal sweep (fresh): Re-pulled RSS macro/markets/earnings (360 docs) and ran WebSearch over analyst calls + movers. Tape is the same risk-on peace-deal melt-up as the 09:32 sweep — Dow fresh record, crude <$80, yields sliding, SpaceX day-2 mania. No new ticker cashtag signals extracted. Today's analyst upgrades were all out-of-cap mega-caps (Uber $110, Airbnb $170, Palantir $235, Zoom $106); top movers were basic-materials/energy momentum (MTLS/LXFR/ARKO). No fresh affordable, decorrelated, buy-rated-below-PT catalyst surfaced.

The governing fact — FOMC starts TOMORROW (6/16-17). [path]98-99% priced for a hold under Warsh, but with CPI 4.2%, strong labor, and an 8-4 dissent last meeting, a hawkish bias-shift is a live tail. L005 is explicit and load-bearing here: do NOT spend or shed risk the day before a scheduled binary — carry the $536 dry powder INTO the print. A flush buys better entries; a melt-up I'm already long via five green positions. Pre-positioning into a peace-deal melt-up right before a possibly-hawkish Fed is the worst-EV entry available.

Positions (no exit flags, all theses intact):

• CMG +10.5% (peak +11.4%): trailing profit-stop ACTIVE, locked +5.69% ([path]$31.17). JPM OW $35 thesis intact. Let it run under the ratchet.
• KTB +10.5% (peak +10.5%): trailing-stop ACTIVE, locked +5.25% ([path]$76.53). Breakout above the 72-73 range; JPM OW $90 transformation/buyback thesis intact.
• EMBJ +8.2% (peak +9.5%): trailing OFF, fixed -10% stop. Scotiabank SO $81, widest valuation gate + most decorrelated name; airlines/lower-oil tailwind.
• CROX +5.1%: trailing OFF, fixed -10% stop. Baird OP $150 / HEYDUDE turnaround intact. Per-trade cap + L004 block any add.
• FRVO +3.3% (peak +4.5%): trailing OFF, fixed -10% stop ([path]$31.18, closest in book but ample room). Multi-bank $47-51 init thesis intact.

Lessons applied: L005 (carry powder into the FOMC binary — the discipline is doing nothing on purpose), L004 (the book is already one repeated template = one risk factor; adding correlated consumer-disc names is doubling the bet, not diversifying), L001 (don't let 'the only affordable name' masquerade as the best idea). No capital deployed; ticker memories refreshed with this DEEP's read.

DEEP tick (Day 13, [path]10:47 ET, 2026-06-15). Market open. Action: HOLD all five, deploy nothing — fourth no-new-position decision of the day, and still the right one on the eve of the Fed.

Account: equity $1,032.98, cash/BP $536.35, deployed today $0, daily headroom $500, kill-switch far away ($600). Book at/near its high-water mark; all five positions green.

Signal sweep (fresh): Re-pulled RSS macro/markets/earnings ([path]400 docs incl. HN) and ran WebSearch over Monday's analyst calls + premarket movers. Tape is the same risk-on peace-deal melt-up as the 09:32/10:09 sweeps — Dow fresh record, WTI [path]$80 (-5.5%, Hormuz reopening [path]Aug), 10y yields sliding on a Fed-hike rethink, SpaceX IPO mania day 2 (Musk a trillionaire). M&A churn: Fox-Roku $22B, Amex-TheFork $700M (TRIP +12%), Salesforce-Fin $3.6B, Paramount-WBD DOJ-approved. No new affordable, decorrelated, buy-rated-below-PT catalyst surfaced. Monday's analyst calls were all out-of-cap mega-caps (Nvidia, Micron, Ferrari OW $438, AMD $421, Paychex, TeraWulf $34); top movers were momentum/M&A (WOLF +15%, NVST +9%, TRIP +12%).

The governing fact — FOMC starts TOMORROW (6/16-17). [path]98-99% priced for a hold (3.5-3.75%) under Chair Warsh, but with CPI 4.2%, strong labor, and an 8-4 dissent last meeting, a hawkish bias-shift (easing->neutral) is a live tail. L005 is load-bearing here: do NOT spend or shed risk the day before a scheduled binary — carry the $536 dry powder INTO the print. A flush buys better entries; a melt-up I'm already long via five green positions. Pre-positioning into a one-day peace-deal melt-up right before a possibly-hawkish Fed is the worst-EV entry available.

Positions (no exit flags, all theses intact):

• CMG +10.2% (peak +11.4%): ratcheting trailing profit-stop ACTIVE, locked +5.69% ([path]$31.17). JPM OW $35 thesis intact. Let it run under the ratchet.
• KTB +11.1% (peak +11.1%, fresh high): trailing-stop ACTIVE, locked +5.57% ([path]$76.76). Breakout extending; JPM OW $90 transformation/buyback thesis intact.
• EMBJ +7.6% (peak +9.5%): trailing OFF, fixed -10% stop ([path]$51.23). Scotiabank SO $81, widest valuation gate + most decorrelated name; lower-oil/airlines tailwind. Nearing trailing activation.
• CROX +5.0% (peak +5.5%): trailing OFF, fixed -10% stop ([path]$109.94). Baird OP $150 / HEYDUDE turnaround intact. Per-trade cap + L004 block any add.
• FRVO +1.3% (peak +4.5%): trailing OFF, fixed -10% stop ([path]$31.18, closest in book but ample room). Multi-bank $47-51 init thesis intact.

Lessons applied: L005 (carry powder into the FOMC binary — the discipline is doing nothing on purpose), L004 (the book is already one repeated consumer-disc/analyst-PT-below-spot template = one risk factor; adding correlated names doubles the bet, not diversifies), L001 (don't let 'the only affordable name' masquerade as the best idea). No capital deployed; ticker memories refreshed with this DEEP's read.

DEEP — 2026-06-15 (Mon [path]11:25 ET) — deliberate no-trade, dry powder into FOMC

Tape: Macro melt-up on the US-Iran ceasefire / Strait-of-Hormuz reopening — WTI crude -5.5% sub-$80, Treasury yields sliding, S&P/Nasdaq gapping up, bull rotating into transports/consumer. Today's standout movers were M&A/IPO pops (TRIP +12% on Amex buying a booking platform; SpaceX post-IPO surge) — none affordable or idiosyncratic enough for this $1k book.

The scheduled binary: FOMC Jun 16-17, decision Wed Jun-17 2:00pm ET — Kevin Warsh's first meeting as chair; hold at 3.50-3.75% widely expected but the messaging/dots carry real uncertainty.

Decision: no new positions. Per L005, the edge is to carry dry powder INTO a scheduled coin-flip, not spend it the afternoon before — and especially not to chase a macro-driven melt-up that is market-wide, not idiosyncratic. Buying today would be pre-positioning the FOMC with worse information than the market. I have [path]$336 deployable above the $200 cash buffer ($536 BP); it stays as dry powder for a post-FOMC flush or a confirmed add. Doing nothing on purpose is the highest-EV move here.

Book review (all theses intact, no exit flags):

• CMG +10.73% (peak +11.38%) — trailing-stop ACTIVE, locks +5.69% ($31.17). JPM OW $35 SSS-reset intact. Not trimming a trailing-protected winner ahead of FOMC (L005).
• KTB +10.58% (peak +11.14%) — trailing-stop ACTIVE, locks +5.57% ($76.76). Lee-divestiture/buyback transformation intact.
• EMBJ +7.52% (peak +9.45%) — best starter; Scotiabank SO $81 aero/defense intact. No add w/o 2nd catalyst (L004).
• CROX +4.95% — Baird OP $150 NA/HEYDUDE recovery intact; -10% stop governs, await 2nd catalyst/pullback to add.
• FRVO +2.35% — geothermal/AI-power $47-51 multi-bank thesis intact; add ONLY on a binding hyperscaler contract / first-power milestone, not momentum.

Equity $1,033.47 | cash $536.35 | deployed today $0 | headroom $500. Next DEEP will reassess after the FOMC print.

DEEP tick (Day 13 / Mon, [path]12:03 ET). Captured the account feed (equity $1,033.70, BP $536.35) and ran scripts.tick: market open, FIVE open positions, ZERO exit flags, deployed_today $0, daily headroom $500. Gathered fresh signals (macro/markets/earnings RSS + WebSearch) and persisted a brief (20260615T160445-signals.md). No new positions opened.

Signal read: the US-Iran ceasefire melt-up is still the whole tape — Trump calls the deal "complete" (finalization talks within 60 days), Strait of Hormuz reopening to tankers (normal flows months out). S&P +1.74%, Nasdaq +2.07%, Dow +1.2%; WTI [path]$80 (first sub-$80 since March), Treasury yields sliding. Bull rotating into tech/transports/consumer/industrials. The looming binary is FOMC Jun 16-17, decision Wed 2pm ET — Warsh's FIRST meeting as Chair plus the SEP/dot-plot. A hold at 3.50-3.75% is near-certain (CME [path]0.6% hike odds); the dot-plot is the actual coin-flip.

Decision — NO NEW BUYS, by design (L005). The highest-EV move the afternoon before a binary, into a macro-driven melt-up, is to do nothing on purpose: pre-positioning is just guessing the print with worse info than the market, and a flush buys better post-FOMC entries while a melt-up I am already long via five green names. This is the same disciplined call carried consistently through today DEEP ticks; the macro picture is unchanged vs the 15:27 brief and nothing broke on the book. L004 also bars adds without a SECOND independent catalyst — none surfaced. Today movers were all M&A/IPO pops (SpaceX IPO $85.7B, Fox-Roku $22B, Paramount-WBD DOJ-cleared, Salesforce-Fin $3.6B) — none affordable, idiosyncratic single-share entries for a $1k book.

Book status (all GREEN, all theses intact):

• CMG +10.99% (4 @ 29.49 -> 32.73): trailing stop armed, peak +11.38% -> locked +5.69% ($31.17). Protected winner, let it run.
• KTB +9.48% (1 @ 72.71 -> 79.605): trailing stop armed, peak +11.14% -> locked +5.57% ($76.76). [path]$2.85/sh cushion.
• EMBJ +8.76% (2 @ 56.93 -> 61.915): peak +9.45%, one leg from arming. Aerospace/defense, widest valuation gate (Scotiabank PT 81).
• CROX +4.54% (1 @ 122.16 -> 127.71): grind continues, trailing not yet armed (peak +5.49%); Baird PT 150 intact.
• FRVO +1.83% (1 @ 34.65 -> 35.285): laggard but above entry; geothermal/AI-power thesis intact, -10% stop the closest in the book with room.

Dry powder [path]$336 above the $200 buffer, held intentionally for a post-FOMC flush or a confirmed add. No orders this tick.

Action: NO new trades. Hold the full book; carry dry powder into the FOMC.

Situation

DEEP tick, market open, 2026-06-15 (Mon) [path]12:41 ET. Equity $1,034.26 (+3.4% on starting capital), buying power $536.35, deployed-today $0, daily headroom $500. Five positions, all green, zero exit flags:

• CMG +11.1% (trailing stop active, $31.17) · KTB +9.8% (trailing stop active, $76.76)
• CROX +5.4% · EMBJ +8.2% · FRVO +2.0% (trailing stops not yet armed)

Macro read

Risk-ON: US-Iran peace deal signed, Strait of Hormuz reopening, WTI crude broke below $80 (first since March), Dow at a record (+700), Treasury yields sliding. Net tailwind for consumer-discretionary (lower oil = more wallet share) — which is precisely what this book is levered to (CMG/CROX/KTB/EMBJ), plus the EMBJ aerospace and FRVO power sleeves.

The decisive fact — and why I am doing nothing

FOMC is tomorrow, Jun 16-17. It is Kevin Warsh's FIRST meeting as Chair and ships a fresh SEP/dot-plot, against a genuinely noisy inflation tape (recent CPI [path]4.2%; a minority even pricing a HIKE). That is exactly the scheduled binary L005 governs: do not spend or shed risk the afternoon before a coin-flip event. The book is thesis-intact, so there is nothing to trim; the tape is a melt-up I am already long; and deploying fresh capital now would be guessing the print with worse information than the market.

Adding here would also violate L004 — my entire book is the same 'fresh buy-rated analyst catalyst, entry below PT' template, so a sixth clone is method-replication, not new conviction.

The edge is to carry the full $536 dry powder INTO the event: a post-FOMC flush buys better entries on names I already like; a relief melt-up I already participate in. Doing nothing on purpose is the highest-EV move.

Exits

None warranted. No hard stops or trailing stops hit; every thesis re-justified (see per-ticker memory). Trailing stops will auto-protect CMG ($31.17) and KTB ($76.76) through the event regardless of the print.

Next

Re-evaluate post-decision Wed afternoon / Thu: if the dot-plot + Warsh presser clarify the path and a name pulls back into its valuation gate or prints a second independent signal, deploy then.

DEEP scan ([path]13:21 ET, Day 13 / Mon 2026-06-15). Market open; equity $1033.31, buying power $536.35; deployed-today $0, daily headroom $500. Held 5 names, ALL GREEN, zero exit flags.

Signal sweep (RSS macro/markets/earnings + WebSearch top-movers): regime unchanged from the day's earlier scans — risk-ON. US-Iran peace deal signed, Strait of Hormuz reopening; WTI crude sub-$80 (first since March); Dow at a record (+700); Treasury yields sliding as the Iran deal drives a rethink on Fed hikes. That is a clean tailwind for an all-consumer-discretionary book (lower oil = more wallet share). Broad-tape movers today (AXT +15%, Seagate +9%, 3M up; Fox -18%, IBM, Sasol down) are all OUTSIDE the book — nothing in my universe screaming, no new affordable high-conviction candidate surfaced.

DECISION: no new deployment, again. The decisive fact is unchanged — FOMC Jun 16-17 lands TOMORROW (Warsh's first meeting as Chair, fresh SEP/dot-plot, against a noisy inflation tape: recent CPI 4.2%, a minority even pricing a HIKE). That is the scheduled binary L005 governs: don't pre-position or trim a thesis-intact book around a coin-flip print; carry dry powder INTO the event. A post-FOMC flush buys better entries; a melt-up I'm already long. Spending the $536 the afternoon before is guessing the print with worse info than the market. Doing nothing on purpose is the highest-EV move.

Book status (no thesis changes vs the FAST tick):

• CMG +10.80% (peak +11.38%) — trailing profit-stop ACTIVE [path]+5.69% ($31.17). JPM OW PT35 intact. HOLD, let it run.
• KTB +9.82% (peak +11.14%) — trailing profit-stop ACTIVE [path]+5.57% ($76.76). JPM OW PT90 / Lee-divestiture+buyback intact. HOLD, let it run.
• EMBJ +7.61% (peak +9.45%) — on the cusp of trailing activation; still -10% hard stop. Scotiabank SO PT81 intact. HOLD.
• CROX +5.19% (peak +5.49%) — -10% hard stop. Baird OP PT150 turnaround intact; 2nd share would breach $200 per-trade cap. HOLD.
• FRVO +2.14% (peak +4.47%) — -10% hard stop, closest in book. Multi-bank OW $47-51 geothermal-AI-power thesis intact. HOLD.

Lessons applied: L005 (no pre-positioning around a scheduled binary — load-bearing today), L004 (no template-cloned adds without a 2nd independent signal), L001 (don't let affordability masquerade as conviction). Brief persisted to logs/research/20260615T172049-signals.md. No trades.

DEEP 2026-06-15 — deployed $0, held the line

Tape. Risk-on melt-up: Dow at a record, Nasdaq +3%, crude under $80 after the US and Iran agreed to reopen the Strait of Hormuz. Leadership is semis/tech — WDC +13.8%, MU +9.2%, DASH +11.9%. SpaceX IPO euphoria all over the tape.

Cross-current that actually matters to me. CPI ran +4.2% (a 3-year high), consumer sentiment hit a record low, and the Street is openly marking down earnings estimates. That's a pointed headwind for a book that is entirely consumer-discretionary (CMG, KTB, CROX, EMBJ, FRVO). Lower oil is a partial offset (cheaper gas -> discretionary spend), but the May inflation print is the louder signal.

Positions. All five green, zero exit flags, every thesis intact. CMG re-checked: JPM Buy still live, $45 median PT (0 sells), I'm +10.5% with the trailing stop now armed at [path]$31.17. Nothing to sell.

Why no new buys.

• Today's leaders are a euphoria melt-up in names outside my wheelhouse - buying strength into a peace-deal pop is exactly the chase L001/L003 warn against.
• A 6th "buy-rated analyst catalyst below PT" clone wouldn't be diversification - it'd double the single template risk factor (L004), and pile MORE discretionary beta on at the moment the consumer signal is worst.
• CBRL - the one known name moving - is still above 3 of 4 PTs with no second confirming signal. Pass again.
• L005: carry the dry powder into the noise; I'm already long the melt-up. Doing nothing is the highest-EV move.

Dry powder kept: [path]$336 deployable (buying power $536.35 - $200 cash buffer). Headroom untouched ($500).

DEEP sweep, market open, melt-up tape. Deployed $0.

Tape is a continuation of the morning: Dow record on the US-Iran peace deal (oil <$80, Hormuz reopening) and a SpaceX IPO frenzy. Leadership is industrials/semis (MMM +3.7%, NVDA, STX +9%, AXTI +14.8%) — either out of my discretionary wheelhouse, above the $200/share whole-share cap, or a euphoria chase.

My book is fully intact: all five green, zero exit flags. CMG +10.5% and KTB +9.3% are both riding their ratcheting trailing stops (now $31.17 and $76.76); EMBJ +8.2%, CROX +4.6%, FRVO +3.6% still on the fixed -10% stop. Nothing in the tape impairs any individual thesis.

Cross-current worth flagging: discretionary is showing cracks at the margin — Target guided to margin pressure / uneven discretionary demand and Lululemon cut its outlook. That is a sector headwind to monitor, not a thesis-breaker for any of my specific names today.

Why no new buy: (1) L004 — a sixth buy-below-PT discretionary clone is the same bet repeated, not a new conviction; (2) L005 — the highest-EV move into a melt-up I am already long is to hold dry powder ($536 BP), not chase; (3) L001 — MMM is the only on-tape name that fits one whole share under the cap, but affordability is not conviction and a +3.7% intraday momentum name with no second signal is exactly the forced-exposure trap. CBRL still lacks a second independent signal, so it stays watch-only. Doing nothing on purpose.

DEEP tick ([path]15:13 ET, 2026-06-15T19:13Z), market open. Ran the full signal sweep (RSS macro/markets/earnings + WebSearch movers/analyst). No exit flags; deploy $0 — the fourth no-trade DEEP of the day, on purpose.

Tape: same melt-up into the FOMC (Jun 16-17) — Dow record, US-Iran peace deal, oil -5% on the Hormuz reopen, SpaceX IPO euphoria, Treasury yields sliding on a Fed-hold rethink (Warsh Fed seen steady). Afternoon leaders are pure euphoria/semis (AXTI +14.8%, STX +9%) — out of wheelhouse, a chase, no second signal. Discretionary read-through still SOFTENING (NerdWallet: sector revenue/FCF weakening; prior Target margin reset + Lululemon outlook cut) — a headwind for my discretionary-heavy book, which argues against adding more of it.

Account: equity $1,032.87 (fresh ATH-ish, vs $1,032.47 prior tick), buying power $536.35, deployed-today $0, daily headroom $500. All five green, every thesis intact:

• CMG 4 @ 29.49, quote 32.585, +10.50%; lifetime peak +11.38% -> ratcheting trailing profit-stop ACTIVE at +5.69% ([path]$31.17). JPM Neutral->OW valuation reset, PT $35. Joint book leader; let it run under the floor.
• KTB 1 @ 72.71, quote 79.195, +8.92%; peak +11.14% -> trailing stop ACTIVE +5.57% ([path]$76.76). Lee-divestiture portfolio transformation + $750M buyback, JPM OW PT $90.
• CROX 1 @ 122.16, quote 127.78, +4.60%; peak +5.83% (< +10% activate) -> fixed -10% stop ([path]$109.94). Baird OP PT $150. A 2nd share breaches the $200 per-trade cap.
• EMBJ 2 @ 56.93, quote 61.65, +8.29%; peak +9.45% (just under activate) -> fixed -10% stop ([path]$51.24). Today's standout (+6.6% on the day). Scotiabank SO PT $81; widest valuation gate.
• FRVO 1 @ 34.65, quote 35.90, +3.61%; peak +4.47% -> fixed -10% stop ([path]$31.19). Multi-bank geothermal/AI-power initiation cluster $47-51.

Lessons applied: L005 governs the day — the Jun 16-17 FOMC is a scheduled binary, so I carry the $536 dry powder INTO it while long rather than pre-position a coin-flip; the hard stops cap downside. L004/L001 — a 6th discretionary buy-below-PT clone is one repeated bet (not diversification) and an affordable euphoria name is not conviction; no add without a second independent signal. CBRL re-checked: still no second confirming signal, still above 3 of 4 post-print PTs -> watch-only. Doing nothing on purpose.

Persisted brief logs/research/20260615T191503-signals.md; appended a DEEP re-justification to all five ticker memories.

DEEP — held, no trades. Ran the RSS macro/markets/earnings sweep + WebSearch over the book. Tape is a melt-up into the FOMC (Jun 16-17): Dow record on the US-Iran deal, oil -5% (Hormuz reopen), SpaceX IPO euphoria, yields sliding on a Warsh Fed-hold rethink. Counter-current worth naming: May CPI +4.2% y/y (3-yr high) and record-low consumer sentiment — a real headwind for a discretionary-heavy book, and today's retail tape was split (Gap -14% on a guide cut vs Kohl's +20%, Best Buy +15%, Ulta beat).

All 5 positions re-justified: green, thesis-intact, zero exit flags, none near a stop. Fresh confirmation pulled per name — CMG (Argus Buy), KTB (JPM OW), CROX (Baird/Williams PT 150), EMBJ (Scotiabank SO), FRVO (multi-bank OW cluster). CMG & KTB ride armed ratcheting trailing profit-stops ([path]$31.17 / [path]$76.76); the rest on the -10% hard stop.

Decision: deploy $0, open nothing. L005 governs — carry dry powder INTO the FOMC binary, don't pre-position a coin-flip with worse info than the market; my stops already cap the downside and a flush buys better entries. No new name cleared the L004 second-signal gate; buzzy movers are euphoria/semis I won't chase (L001). Buying power $536, cash buffer ($200) intact, daily headroom $500 untouched. Doing nothing on purpose.