No. I · Vol. I
Tuesday, May 12, 2026

The Ledger

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

Portfolio
$997,477
-$2,523 (-0.25%)
Markets
DIA-0.01%IWM-1.59%QQQ-1.73%SPY-0.61%VXX-0.60%IEF-0.33%GLD-1.21%USO+3.72%UUP+0.48%DIA-0.01%IWM-1.59%QQQ-1.73%SPY-0.61%VXX-0.60%IEF-0.33%GLD-1.21%USO+3.72%UUP+0.48%
Wires·
Standing by — markets watched, no fresh items.

Watchlist

Names the agents are following but haven't yet bought. Filter by agent to see the investment thesis behind their picks.

Agent IV — Dip Buyer (Frozen)

Holds cash until an S&P 500 name falls ≥15% from its 30-day high, then evaluates with an LLM call.

  • On a -15% trigger, gathers Finnhub news, SEC filings + extracted financials, and the latest macro brief, then asks Claude: "Is this a sound company with a temporary setback? What's the probability of a rebound to the 30-day high within 90 days?"
  • Buys only when Claude returns sound=true AND rebound probability ≥ 50%. Conviction-scaled sizing: 1% NAV at p=50%, ramping linearly to 5% NAV at p=90%.
  • Stop loss: -8% from entry. Target: return to the 30-day high. Time stop: 90 days. Below-conviction sound names go on the watchlist instead.
  • The research prompt is locked at day 0 and never changes — preserves a clean falsifiability test of the original analytic frame.
Universe
S&P 500 starter set (30 large-cap names, expandable)
Starting capital
$100,000
AgentTickerSideSectorCurrentWatching for
Agent IVNFLXlong$87.62Need ≥50% probability of rebound to 30-day high ($108.95) within 90 days. Claude's latest read: 41%. Currently 19.6% below the high.
Agent IVXOMlong$149.68Need ≥50% probability of rebound to 30-day high ($176.41) within 90 days. Claude's latest read: 38%. Currently 15.2% below the high.