Daily research: 2026-10-15

Regime neutral · profile balanced · status ok · data as of the 2026-10-15 close (generated 2026-10-16 14:00 UTC) · OpenRouter $0.24 (Claude list price $1.29, not billed)

Bottom line

The portfolio exits twelve broken or avoid-rated holdings, including PLTR, TSLA, ASML, SOXX, VTWO, ROKU, LRCX and DRAM, and trims TSM to its 12% cap. New money adds CPAY, SNOW, LNG, VCTR, DAC, HALO and a tactical CRAK trade, while NVDA, NTNX, MA, SKHY and MSFT are held. About 44% sits in SGOV, SHY, IEF and cash.

Allocation

SGOV 25.2%SGOVTSM 12.0%TSMCPAY 9.0%CPAYSHY 8.0%SHYSNOW 6.0%SNOWCASH 6.0%CASHLNG 5.0%IEF 5.0%MSFT 4.3%DAC 4.0%VCTR 4.0%HALO 4.0%CRAK 3.0%MA 2.4%NVDA 0.9%NTNX 0.7%SKHY 0.6%
TickerTypeWeightHorizonConviction
CPAYpick9.0%position64
SHYdefensive8.0%
CASHcash6.0%
IEFdefensive5.0%
DACpick4.0%position62
VCTRpick4.0%position62
HALOpick4.0%position60
CRAKpick3.0%position58
Your holdings (21)holding57.0%

Cash and defensive ETFs: 44.2%.

Top picks

TickerCapHorizonEntryStopTargetR/RThesisNext catalyst
CPAYlargeposition396.00–408.00378.00460.002.4Raised FY26 guidance, adjusted EPS up 36% and about 15x forward adjusted EPS, in an uptrend.2026-11-11 Q3 2026 earnings report, after market close, consensus adju…
DACmidposition158.00–163.00150.00185.002.3The value case rests on the container business. (thesis from 2026-10-13)2026-11-09 Q3 2026 earnings release, analyst estimate EPS $7.2569 / re…
VCTRmidposition105.00–111.50101.00123.002.0$11.7B of Q3 inflows and revenue up 24%, valued at about 16x annualized GAAP EPS of $1.68 (not the adjusted figure). (thesis from 2026-10-13)2026-11-04 Q3 2026 financial results release after market close, with…
HALOlargeposition107.00–114.0099.00140.002.6A Health Care leader: royalties up 50%, guidance raised, about 14x forward EPS.2026-11-09 Q3 2026 earnings report (consensus estimate ~$2.395 EPS, ~$…
CRAKposition65.00–68.5061.5078.002.1A tactical 3% momentum trade in the leading sector, Energy. (thesis from 2026-10-13)

Your holdings

TickerActionFromToReason
SGOVadd6.0%25.2%Core of the defensive sleeve (0-3 month Treasuries). It now sits here instead of in positions, because SGOV is already held.
TSMtrim20.1%12.0%The long thesis holds (revenue +50.9% YoY, gross margin 66.4%, Q4 guidance strong), but 20% breaks the 12% position cap. The stop stays at $390, just under the 200-day average.
SNOWadd2.7%6.0%Long, conviction 63: guidance raised, net revenue retention 126%, remaining performance obligations up 30%. $335 is at the bottom of the entry zone and the $318 stop is about 5% away.
LNGadd1.1%5.0%Cut from 7% to 5% because of leverage (3.88x debt-to-equity, 0.87 current ratio) and the Oct 29 earnings report. The $268 stop is 4% away, so the position risks about 0.2% of the portfolio. Buy half before earnings and the rest after.
MSFThold4.3%4.3%Rated avoid on timing only (RSI 70.8 before Oct 28 earnings); the fundamentals are strong. Hold, don't add. With the other Technology exits, no trim is needed.
MAhold2.4%2.4%The avoid call is about timing (overbought before Oct 29 earnings), not quality. Hold the small position without adding; exit on a close below the 50-day average (about $574).
NVDAhold0.9%0.9%A hard exit on any daily close below $216 stays active. Add only after it reclaims the 50-day average (about $223).
NTNXhold0.7%0.7%The long thesis holds, but $69.98 is just below the entry zone and the CEO sold shares. Stop at $66.50.
SKHYhold0.6%0.6%Cheap at about 7x earnings but technically weak; the price is below the entry zone ahead of Oct 28 earnings. Tiny weight, stop at $139.
MRAMsell0.6%0.0%Rated avoid: losses widening, about 5.6% dilution, and in a downtrend.
GDOTsell0.6%0.0%Rated avoid: Q2 operating loss, a 31% EPS miss, $280M of cash drawdown, and the general counsel leaving.
GSITsell0.9%0.0%Rated avoid: losses widening and funded by issuing new shares through an at-the-market (ATM) program; below all moving averages.
LWLGsell0.4%0.0%Rated avoid: losses about 200x revenue and ongoing dilution from ATM share sales.
PLTRsell13.9%0.0%Rated avoid: 81.5x sales, 166x earnings and RSI 75.6 before Nov 2 earnings. There's no valuation case for keeping any of it, so take the gains.
ROKUsell1.8%0.0%The Fox deal price and closing date are unknown, so there's no measurable merger spread. Exit.
TSLAsell2.2%0.0%Rated avoid: operating margin 1.4%, free cash flow negative, below the 200-day average before Oct 21 earnings.
SOXXsell11.2%0.0%Rated avoid. Now $514.71, below its 50-day average, with weak momentum, and it duplicates TSM and NVDA.
VTWOsell12.1%0.0%$111.09 is already below the 200-day support the thesis relied on, and small caps are weak (IWM -6.2% over 3 months).
ASMLsell6.6%0.0%We can't see the Oct 14 results, and before them the stock traded at 57.8x earnings with 3.6% EPS growth. Exit pending a review.
LRCXsell1.1%0.0%$277 is below the 200-day average (about $280), the thesis's own invalidation level, ahead of a demanding Oct 21 report.
DRAMsell2.9%0.0%Rated avoid: the CXMT news threatens memory pricing, the price is below its 20- and 50-day averages, and the holdings are unknown.

Critic's view

Changes since the last run (2026-10-13)

New picks: CPAY, CRAK, DAC, VCTR. Dropped picks: LPG.

Track record

13 picks (10 open, 3 closed). Hit rate 33%. Average return 1.7% vs SPY -0.9% over the same windows. Every pick

Research output generated by automated models. Not financial advice. Verify before acting.