No. I · Vol. I
Thursday, May 14, 2026

The Ledger

A paper-trading practice in the tradition of weekly Sunday charts.

Portfolio
$1,102,186
+$2,186 (+0.20%)
Markets
DIA-0.16%IWM+0.04%QQQ+1.02%SPY+0.56%VXX+1.84%IEF+0.01%GLD-0.57%USO-1.55%UUP+0.22%DIA-0.16%IWM+0.04%QQQ+1.02%SPY+0.56%VXX+1.84%IEF+0.01%GLD-0.57%USO-1.55%UUP+0.22%
Wires·
Standing by — markets watched, no fresh items.

Agent IX — Bear Equity

Connecting…

Short-only Weinstein Stage 4 trend follower — the bearish mirror of Agent I

Market: NASDAQ · Started with $100,000

Equity
$100,117
Cash
$60,629
Positions
$39,488
4 open
Total P/L
+$117
+0.12%
Closed Trades
0
none yet
Realized P/L
+$0
Win Rate

How this agent thinks

Plain English. Skip the jargon, read this first.

The bearish mirror of Agent I. Picks 10 NASDAQ stocks at a time using the same Weinstein method, but only SHORTS Stage 4 setups — stocks in clear downtrends with their 30-week MA falling. The bet: stocks falling steadily for months tend to keep falling. Same -15% stop rule (in this case, +15% from entry, since shorts profit when price drops). Avoids names already 50%+ off their highs (the easy money's gone) unless the breakdown is fresh. Frozen rules. At day 365 we compare against Agent I: did long-only trend-following or short-only trend-following work better on the same names over the same year?

Methodology

The rules as a quant trader would describe them.

Short-only Weinstein Stage 4 trend follower. The bearish mirror of Agent I.

  • Targets 10 simultaneous short positions, equal-weighted at $10,000 each. No longs ever.
  • Shorts enter on Stage 4 declines: price below a falling 30-week (150-day) MA. Avoids stocks already >50% off their highs unless the breakdown is recent (last 10 days).
  • Hard stops: +15% rally against the position, or a clean reclaim of the 30-week MA on volume. 365-day time stop.
  • Per-run cap of 2 closures + 2 entries — same governance as Agent I. Methodology locked at day 0.

Universe: NASDAQ-listed, same 100-name starter set as Agents I + II · Capital: $100,000

Currently held (4)

Every position this agent has open right now, with the thesis it logged at entry.

  • PYPLshortopened May 12, 2026+$0
    220 sh @ $45.43 · current $45.43 · stop $52.24

    Stage 4: close $45.43 < MA150 $54.78 (-17.1%), MA falling, 42.9% off 52w high, vol 1.33× avg

  • MELIshortopened May 12, 2026+$0
    6 sh @ $1,579.93 · current $1,579.93 · stop $1,816.92

    Stage 4: close $1579.93 < MA150 $1967.90 (-19.7%), MA falling, 40.3% off 52w high, vol 1.93× avg

  • GEHCshortopened May 12, 2026+$38
    159 sh @ $62.53 · current $62.29 · stop $71.91

    Stage 4: close $62.53 < MA150 $76.49 (-18.2%), MA falling, 30.3% off 52w high, vol 0.04× avg

  • CTSHshortopened May 12, 2026+$79
    207 sh @ $48.09 · current $47.71 · stop $55.30

    Stage 4: close $48.09 < MA150 $70.19 (-31.5%), MA falling, 44.7% off 52w high, vol 0.05× avg

Recent decisions — acted

Entries, exits, rotations the agent committed to.

  1. May 12, 5:01 PMMELIentry

    Stage 4: close $1579.93 < MA150 $1967.90 (-19.7%), MA falling, 40.3% off 52w high, vol 1.93× avg

  2. May 12, 5:01 PMPYPLentry

    Stage 4: close $45.43 < MA150 $54.78 (-17.1%), MA falling, 42.9% off 52w high, vol 1.33× avg

  3. May 12, 1:09 PMCTSHentry

    Stage 4: close $48.09 < MA150 $70.19 (-31.5%), MA falling, 44.7% off 52w high, vol 0.05× avg

  4. May 12, 1:09 PMGEHCentry

    Stage 4: close $62.53 < MA150 $76.49 (-18.2%), MA falling, 30.3% off 52w high, vol 0.04× avg

Recently considered — skipped

Candidates the agent looked at and chose not to act on. The rationale tells you what it weighed.

  1. May 12, 5:01 PMORLYconsidered

    Stage 4: close $91.82 < MA150 $95.09 (-3.4%), MA falling, 15.5% off 52w high, vol 1.09× avg

  2. May 12, 5:01 PMDASHconsidered

    Stage 4: close $155.22 < MA150 $200.45 (-22.6%), MA falling, 45.6% off 52w high, vol 0.79× avg

  3. May 12, 5:01 PMCMCSAconsidered

    Stage 4: close $24.90 < MA150 $28.16 (-11.6%), MA falling, 27.5% off 52w high, vol 0.84× avg

  4. May 12, 5:01 PMIDXXconsidered

    Stage 4: close $534.32 < MA150 $644.66 (-17.1%), MA falling, 30.6% off 52w high, vol 0.91× avg

  5. May 12, 5:01 PMMDBconsidered

    Stage 4: close $308.66 < MA150 $332.93 (-7.3%), MA falling, 30.6% off 52w high, vol 1.59× avg

  6. May 12, 5:01 PMADBEconsidered

    Stage 4: close $240.87 < MA150 $295.75 (-18.6%), MA falling, 43.1% off 52w high, vol 0.49× avg

  7. May 12, 5:01 PMBKNGconsidered

    Stage 4: close $160.56 < MA150 $190.71 (-15.8%), MA falling, 31.3% off 52w high, vol 0.77× avg

  8. May 12, 5:01 PMPDDconsidered

    Stage 4: close $95.74 < MA150 $111.49 (-14.1%), MA falling, 31.3% off 52w high, vol 1.11× avg

  9. May 12, 5:01 PMVRSKconsidered

    Stage 4: close $166.34 < MA150 $206.40 (-19.4%), MA falling, 48.5% off 52w high, vol 0.76× avg

  10. May 12, 5:01 PMMETAconsidered

    Stage 4: close $603.13 < MA150 $648.74 (-7.0%), MA falling, 24.3% off 52w high, vol 0.59× avg

  11. May 12, 1:09 PMDASHconsidered

    Stage 4: close $155.47 < MA150 $200.45 (-22.4%), MA falling, 45.5% off 52w high, vol 0.05× avg

  12. May 12, 1:09 PMCMCSAconsidered

    Stage 4: close $24.93 < MA150 $28.16 (-11.5%), MA falling, 27.5% off 52w high, vol 0.10× avg

  13. May 12, 1:09 PMMELIconsidered

    Stage 4: close $1579.07 < MA150 $1967.90 (-19.8%), MA falling, 40.3% off 52w high, vol 0.17× avg

  14. May 12, 1:09 PMIDXXconsidered

    Stage 4: close $537.92 < MA150 $644.68 (-16.6%), MA falling, 30.1% off 52w high, vol 0.09× avg

  15. May 12, 1:09 PMBKNGconsidered

    Stage 4: close $160.22 < MA150 $190.71 (-16.0%), MA falling, 31.4% off 52w high, vol 0.07× avg

Watching (0)

Names this agent is tracking but hasn't entered.

Nothing on the watchlist right now.

Relevant news

Recent headlines on the tickers this agent holds, watches, or has evaluated.

  1. May 11, 2:53 PMMETAvia finnhub

    Sector Update: Tech Stocks Rise Late Afternoon

  2. May 11, 2:24 PMMETAvia finnhub

    Meta Sued by California County Over ‘Scam’ Advertisements

  3. May 11, 1:50 PMMETAvia finnhub

    Nearly 40% of Trump’s China CEO Delegation Have Crypto Ties

  4. May 11, 12:53 PMMETAvia finnhub

    Santa Clara County sues Meta over Facebook scam ads

  5. May 11, 12:52 PMMETAvia finnhub

    By the numbers: Corporate profits haven't been this smoking hot in years

  6. May 11, 12:45 PMMETAvia finnhub

    Circle CEO says AI-fueled layoffs are only the tip of the iceberg

  7. May 11, 12:38 PMMETAvia finnhub

    Musk, Cook Set to Join Trump for Xi Summit, White House Says

  8. May 11, 12:11 PMNFLXvia finnhub

    Texas sues Netflix over data collection; shares edge lower

  9. May 11, 11:50 AMMETAvia finnhub

    As You Sow Files an Exempt Solicitation Statement with the Securities and Exchange Commission

  10. May 11, 11:23 AMMETAvia finnhub

    Meta Platforms Taps Space Solar To Power Long Term AI Buildout

  11. May 11, 11:21 AMMETAvia finnhub

    Apple delivers surprise win in Big Tech’s AI spending war

  12. May 11, 10:34 AMMETAvia finnhub

    Meta, DoorDash Could Help Drive Stablecoins to $4 Trillion, Bitwise Investment Chief Says

  13. May 11, 10:21 AMMETAvia finnhub

    Everyone Wants What CoreWeave (CRWV) Has, Says Newsletter

  14. May 11, 10:20 AMNFLXvia finnhub

    'Little House on the Prairie' teaser introduces Independence

  15. May 11, 10:15 AMMETAvia finnhub

    Digital Advertising Industry Snapshot Q1 2026

  16. May 11, 10:10 AMMETAvia finnhub

    California county sues Meta over scam ads

  17. May 11, 10:05 AMNFLXvia finnhub

    Comcast vs Netflix: Which Is the Better Dip Buy Now?

  18. May 11, 9:53 AMMETAvia finnhub

    Nvidia CEO Huang not going to China during Trump visit, source says

  19. May 11, 9:00 AMMETAvia finnhub

    Ciridae Raises $20 Million Led by Accel to Bring AI Transformation to Real Economy Businesses

  20. May 11, 8:56 AMNFLXvia finnhub

    'Sweet Magnolias' trio chase their dreams in Season 5 trailer

  21. May 11, 8:33 AMMETAvia finnhub

    Alphabet Could Pass Nvidia As World’s Most Valuable Company

  22. May 11, 8:15 AMMETAvia finnhub

    Wall Street Lunch: Does AT&T's History Help Ease AI Capex Fears?

  23. May 11, 8:06 AMMETAvia finnhub

    Micron Benefits From Samsung Trouble; Buying Mania Hampered by Rising Oil

  24. May 11, 8:05 AMMETAvia finnhub

    Smooth Commerce Appoints Jeff Mirmelstein as Chief Revenue Officer to Accelerate Enterprise Growth

  25. May 11, 7:57 AMNFLXvia finnhub

    Is Wall Street Bullish or Bearish on Netflix Stock?

  26. May 11, 7:54 AMNFLXvia finnhub

    Netflix sued by Texas for allegedly spying on children, addicting users

  27. May 11, 7:54 AMMETAvia finnhub

    Why Market is Wrong About Meta Platforms (META)

  28. May 11, 7:42 AMMETAvia finnhub

    Berger Montague PC Investigates Meta Platforms, Inc.'s Board of Directors for Breach of Fiduciary Duty (META)

  29. May 11, 7:29 AMNFLXvia finnhub

    Netflix sued by Texas for allegedly spying on consumers

  30. May 11, 7:28 AMMETAvia finnhub

    Why These 3 High-Flying Memory & Storage Stocks Will Rise Further

Macro & geopolitical context

High-severity world events that touch this agent's universe or asset class.

  1. May 13, 11:43 PMgeopolitical · severity 4/5

    Crypto markets drop on Xi's Taiwan warning; Bitcoin falls below $80,000.

  2. May 13, 9:53 PMpolicy · severity 3/5

    Japan considers supplementary budget for household fuel relief, pressuring JGB yields.

  3. May 13, 9:15 PMgeopolitical · severity 3/5

    Xi-Trump meeting expected to yield trade policy news; Japan considers fiscal stimulus.

  4. May 13, 8:32 PMgeopolitical · severity 3/5

    Iran tensions disrupt Air India; Lufthansa and Cathay gain market share advantage.

  5. May 13, 6:49 PMgeopolitical · severity 4/5

    Trump and Xi negotiate trade truce amid Iran conflict tensions.

  6. May 13, 6:09 PMgeopolitical · severity 3/5

    UK house prices fall fastest since 2023 amid Iran war and mortgage rate concerns.

  7. May 13, 4:25 PMgeopolitical · severity 3/5

    Rubio seeks Chinese leverage against Iran over Persian Gulf tensions.

  8. May 13, 2:52 PMgeopolitical · severity 3/5

    Drone strike targets Iranian opposition camp near Erbil, Iraq.

  9. May 13, 2:11 PMgeopolitical · severity 3/5

    Trump seeks China's diplomatic support on Iran policy amid geopolitical tensions.

  10. May 13, 1:39 PMgeopolitical · severity 3/5

    US Senate blocks measure to limit Trump's Iran war powers; geopolitical tension persists.

  11. May 13, 12:36 PMgeopolitical · severity 4/5

    Netanyahu meets UAE president during Iran conflict, raising Middle East tensions.

  12. May 13, 10:54 AMpolicy · severity 4/5

    Treasury yields surge on hotter-than-expected producer price inflation data.

  13. May 13, 10:22 AMgeopolitical · severity 3/5

    Tata Motors warns of rising costs from Iran conflict amid strong profit performance.

  14. May 13, 10:01 AMgeopolitical · severity 3/5

    Clarity Act amendments would reshape crypto regulation with uncertain legislative prospects.

  15. May 13, 7:30 AMpolicy · severity 4/5

    US PPI significantly exceeds expectations, signaling persistent inflation pressures.

Closed trades (0)

Every position this agent has closed, win or lose.

No closed trades yet.

Recent runs

Every scheduled run for this agent. Most are no-op; the interesting ones show what changed.

  1. May 12, 5:01 PMWeinstein run: 0 closes, 2 entries. 10 candidates considered.
  2. May 12, 1:09 PMWeinstein run: 0 closes, 2 entries. 10 candidates considered.