Trade Execution — Buys | SECT Capital Quant Research

Redacted — proprietary method withheld. The space is kept so you can see where detail exists.

Execution summary

I filled 10 market orders at Monday's open for the week of August 03, 2026. I show the ATR-scaled stop and the conviction I carried in; the position weightings stay proprietary.

Ticker	Value $	Stop	Composite
INSW	7693.97	GTC ATR stop	64.2
QTWO	7693.97	GTC ATR stop	64.8
ITRI	7693.97	GTC ATR stop	59.2
DK	7693.97	GTC ATR stop	60.2
DXCM	7693.97	GTC ATR stop	60.1
AMC	7693.97	GTC ATR stop	62.7
MANH	7693.97	GTC ATR stop	62.0
WHD	7693.97	GTC ATR stop	53.9
LPG	7693.97	GTC ATR stop	59.1
AMBA	7693.97	GTC ATR stop	56.2

Macro environment

VIX

17.09

10Y−2Y

+0.47

HY OAS

2.84

Unemployment

4.2

SPY 20d

+0.09%

Here is how I read the backdrop: volatility is cheap at 17.1 — barely 1.08% a day — and cheap vol is exactly where I watch crowding hardest, the 10y−2y curve has steepened to +0.47, a quieter vote of confidence in duration, high-yield spreads at 2.84 are still contained, so credit is not yet contradicting the tape, and the S&P's trailing month is +0.1%, the trend I am actually trading against.

Volatility is the first thing I price, because it sets the size of every other bet. I scale gross exposure inversely to realised vol — target the risk, not the notional — so a calmer tape lets the book breathe and a violent one pulls it in automatically:

\sigma_{\text{daily}}\approx\dfrac{\mathrm{VIX}}{\sqrt{252}}\qquad w_{\text{gross}}\;\propto\;\dfrac{\sigma_{\text{target}}}{\sigma_{\text{daily}}}

Source: fred · as of 2026-08-02

Per-position evidence

#1 INSW INSW Energy Composite 64.2 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	50.7
Catalyst	50.0	n/a
Sentiment	88.5
Technical	62.3
Fundamental	59.1
Smart Money		n/a
ML Ensemble
Composite	64.2	—
Universe percentile	99

Technicals

No indicators on file yet.

Sentiment & news

Fundamentals

P/E	15.4	PEG	n/a
P/B	1.19	P/S	5.65
ROE	27.1	ROA	20.1
Net margin	n/a	Rev growth	14.5
Debt/Equity	n/a	EPS growth	69.8

INSW selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 64.2/100

#2 QTWO QTWO Technology Composite 64.8 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	61.4
Catalyst	50.0	n/a
Sentiment	62.8
Technical	76.1
Fundamental	65.6
Smart Money		n/a
ML Ensemble
Composite	64.8	—
Universe percentile	96

Technicals (2026-07-31)

RSI(14)	69.7	ADX(14)	29.0
MACD	2.908	Signal	2.406
MACD hist	0.502	ATR(14)	2.51
SMA 20	55.00	SMA 50	49.53
SMA 200	56.97	Vol ratio	2.79
Boll upper	60.85	Boll lower	49.14
CCI(20)	148.1	MFI(14)	72.4

Sentiment & news

Fundamentals

P/E	n/a	PEG	n/a
P/B	n/a	P/S	n/a
ROE	0.1	ROA	0.1
Net margin	0.1	Rev growth	0.1
Debt/Equity	n/a	EPS growth	2.2

QTWO selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 64.8/100

#3 ITRI ITRI Electrical Equipment Composite 59.2 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	57.5
Catalyst	50.0	n/a
Sentiment	65.0
Technical	74.9
Fundamental	47.1
Smart Money		n/a
ML Ensemble
Composite	59.2	—
Universe percentile	94

Technicals (2026-07-31)

RSI(14)	67.1	ADX(14)	25.2
MACD	3.988	Signal	2.146
MACD hist	1.842	ATR(14)	3.96
SMA 20	88.05	SMA 50	84.65
SMA 200	94.61	Vol ratio	0.92
Boll upper	102.40	Boll lower	73.70
CCI(20)	144.6	MFI(14)	63.6

Sentiment & news

Wall Street Analysts Believe Itron (ITRI) Could Rally 25.09%: Here's is How to Trade [positive]
Are Investors Undervaluing Itron (ITRI) Right Now? [positive]
Itron Inc (IT6) Q3 2024 Earnings Report - Results, Call & Slides [positive]

Fundamentals

P/E	14.5	PEG	n/a
P/B	2.48	P/S	1.84
ROE	16.5	ROA	7.1
Net margin	n/a	Rev growth	-5.7
Debt/Equity	n/a	EPS growth	2.2

ITRI selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 59.2/100

#4 DK DK Energy Composite 60.2 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	50.8
Catalyst	50.0	n/a
Sentiment	78.7
Technical	50.1
Fundamental	54.4
Smart Money		n/a
ML Ensemble
Composite	60.2	—
Universe percentile	91

Technicals

No indicators on file yet.

Sentiment & news

Zacks Industry Outlook Highlights Delek US, PBF Energy and Valero Energy [positive]
Shell Discovers Oil at Mediterranean's Deepest-Ever Offshore Well [positive]
3 Top Refining & Marketing Stocks Riding Industry Strength [positive]

Fundamentals

P/E	n/a	PEG	n/a
P/B	n/a	P/S	n/a
ROE	-0.0	ROA	-0.0
Net margin	-0.0	Rev growth	-0.1
Debt/Equity	1.62	EPS growth	1.0

DK selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 60.2/100

#5 DXCM DXCM Health Care Composite 60.1 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	54.3
Catalyst	50.0	n/a
Sentiment	64.8
Technical	58.9
Fundamental	65.6
Smart Money		n/a
ML Ensemble
Composite	60.1	—
Universe percentile	89

Technicals

No indicators on file yet.

Sentiment & news

DexCom: Still A Cautious Buy Following Earnings [negative]
DexCom (DXCM) Stock Sees Fair Value Lift After Analyst Target Increases [positive]
DexCom (DXCM) Stock Sees Fair Value Lift After Analyst Target Increases [positive]

Fundamentals

P/E	38.5	PEG	n/a
P/B	9.43	P/S	6.91
ROE	33.8	ROA	13.4
Net margin	n/a	Rev growth	16.1
Debt/Equity	n/a	EPS growth	77.5

DXCM selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 60.1/100

#6 AMC AMC Media Composite 62.7 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	62.3
Catalyst	74.0
Sentiment	71.5
Technical	76.8
Fundamental	52.9
Smart Money		n/a
ML Ensemble
Composite	62.7	—
Universe percentile	86

Technicals (2026-07-30)

RSI(14)	67.9	ADX(14)	26.5
MACD	0.179	Signal	0.105
MACD hist	0.073	ATR(14)	0.22
SMA 20	2.15	SMA 50	2.05
SMA 200	1.80	Vol ratio	0.66
Boll upper	2.79	Boll lower	1.51
CCI(20)	142.4	MFI(14)	65.1

Sentiment & news

Fundamentals

P/E	n/a	PEG	n/a
P/B	0.62	P/S	0.52
ROE	-11.9	ROA	-7.0
Net margin	n/a	Rev growth	6.4
Debt/Equity	n/a	EPS growth	n/a

AMC selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 62.7/100

#7 MANH MANH Technology Composite 62.0 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	59.8
Catalyst	50.0	n/a
Sentiment	63.2
Technical	60.8
Fundamental	58.6
Smart Money		n/a
ML Ensemble
Composite	62.0	—
Universe percentile	84

Technicals

No indicators on file yet.

Sentiment & news

Why Manhattan Associates (MANH) Stock Is Up Today [positive]
Why Manhattan Associates (MANH) Stock Is Up Today [positive]
Manhattan Associates: The Next Chapter Is Already Priced In [positive]

Fundamentals

P/E	n/a	PEG	n/a
P/B	n/a	P/S	n/a
ROE	1.4	ROA	0.3
Net margin	0.2	Rev growth	0.0
Debt/Equity	n/a	EPS growth	0.0

MANH selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 62.0/100

#8 WHD WHD Energy Composite 53.9 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	54.7
Catalyst	50.0	n/a
Sentiment	65.7
Technical	64.0
Fundamental	46.1
Smart Money		n/a
ML Ensemble
Composite	53.9	—
Universe percentile	81

Technicals

No indicators on file yet.

Sentiment & news

Fundamentals

P/E	31.9	PEG	n/a
P/B	2.97	P/S	4.91
ROE	6.2	ROA	3.6
Net margin	n/a	Rev growth	4.5
Debt/Equity	n/a	EPS growth	-59.4

WHD selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 53.9/100

#9 LPG LPG Energy Composite 59.1 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	53.8
Catalyst	50.0	n/a
Sentiment	52.2
Technical	78.7
Fundamental	73.8
Smart Money		n/a
ML Ensemble
Composite	59.1	—
Universe percentile	79

Technicals (2026-07-31)

RSI(14)	67.8	ADX(14)	25.0
MACD	1.705	Signal	1.207
MACD hist	0.498	ATR(14)	1.63
SMA 20	42.61	SMA 50	41.70
SMA 200	33.62	Vol ratio	0.99
Boll upper	48.00	Boll lower	37.23
CCI(20)	121.8	MFI(14)	80.6

Sentiment & news

Fundamentals

P/E	n/a	PEG	n/a
P/B	n/a	P/S	n/a
ROE	0.2	ROA	0.1
Net margin	0.4	Rev growth	0.4
Debt/Equity	0.49	EPS growth	1.1

LPG selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 59.1/100

#10 AMBA AMBA Semiconductors Composite 56.2 / 100

Filled at 0.00 for 0.0000 shares ($7693.97).

Decision & pillar scores

Pillar	Score	Weight
Momentum	52.7
Catalyst	80.0
Sentiment	65.7
Technical	82.6
Fundamental	37.6
Smart Money		n/a
ML Ensemble
Composite	56.2	—
Universe percentile	76

Technicals

No indicators on file yet.

Sentiment & news

Fundamentals

P/E	n/a	PEG	n/a
P/B	4.55	P/S	9.66
ROE	-11.8	ROA	-9.1
Net margin	n/a	Rev growth	28.1
Debt/Equity	n/a	EPS growth	n/a

AMBA selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 56.2/100

A standing note on method. I run this book in paper-trading mode, so every fill you see is simulated rather than a realised, audited track record — I would rather state that plainly than flatter the numbers. Nothing here is investment advice, an offer, or a solicitation; it is my own research, published so it can be read and argued with in the open. The blacked-out passages mark the parts of the process I keep proprietary. And because the framework recalibrates every week, where my read was wrong I expect the priors — not my ego — to be the first to say so.