Six days from tonight the book rolls to cash. On Monday, September 7 every open position gets closed, the portfolio starts flat, and the first Evening Note of the new era ships that evening with orders for Tuesday's open. Nothing about your subscription changes and nothing needs doing on your end. If you are holding positions from these sheets, they close with the roll like mine do.
Mean Reversion
ALAB - Astera Labs Inc Common
Astera Labs makes connectivity semiconductors for AI data centers - the retimers, smart cables and CXL controllers that keep GPUs, CPUs and memory talking at full speed.
Entry limit: $264.40 - Stop: $226.24 (on a close)
Last close $279.91 (-5.7%) - volume 3.4M (20-day average 3.7M) - 52-week range $100.27 to $483.02 (-42% off the high) - ATR (14 days) $19.11
3 more names trade this same setup tonight - they are in the sheet, with charts and prices.
Mean Reversion. The most-watched names in the market get defended. This sleeve owns two doors into that bounce: a violent one-day hit inside a healthy longer-term uptrend, and a deep morning markdown on an already washed-out household name. Either way we are the standing buyer into the fear, out within days.
