Markets edged up today — stocks quietly pushed to record highs, gold rose, and volatility faded — but the overall Ledger portfolio slipped a little, ending down just under one percent.

The dip-buyers had another solid day. The two stronger versions of that strategy — one that adapts over time, one that watches what its peers are doing — remain the experiment's biggest winners overall, both up well over fifteen percent since the start. The frozen dip-buyer, which can't adjust its approach, notched a nice win closing out a networking stock position. Meanwhile, Agent 7, the active day trader, had a mixed afternoon: a handful of tidy gains on stocks it timed well, but also a few positions that got cut for losses when momentum didn't materialize. On the rougher end of the ledger, the gold-based strategy is sitting on a meaningful loss as gold tries to recover, and the inverse rotator — which bets against rising sectors — has had a genuinely difficult run and remains the portfolio's biggest drag.

All told, a day where the market offered a little encouragement but the Ledger reminded us that not every strategy benefits from the same tailwind.