Autopilot Run — 2026-04-23 10:04 ET (Morning cron — FIRST SLEEVE-INFRASTRUCTURE RUN)

Trigger: autopilot_morning cron at 09:23 ET (fired ~40 min late at 10:04) Lock: journal/autopilot-lock created (14:02Z) and released at end Trades executed: 2 BUYs (LRCX + INTC, both sleeve-routed) + 1 STOP (BA $205 PDT-deferred from yesterday) Note: First autopilot run since deploying the sector-sleeve infrastructure (config + skills + commands updated 09:50 ET this morning)

Phase 0 — Portfolio State

• Portfolio: $21,598.14 (+$17 vs yesterday close = +0.08% day P&L pre-trade)
• Cash: $4,553.30 → $2,212 after both buys
• Long mkt value: $17,044.84 → $19,386 after both buys
• AEM stop $200 TRIGGERED at 09:30 ET open — order 68ef3a4a filled $199.96 (10 sh × $199.96 = $1,999.60 cash inflow). Realized loss: -$152.40 on AEM thesis.

Positions (after AEM stopped, before today’s buys = 11): 737CVR019, BA, BLK, BTC, CCI, CEG, CVS, MRK, NKE, NVDA, UNH

After today’s 2 buys = 13 positions (+ LRCX + INTC).

Phase 0 — Stop placement

• BA stop $205 GTC PLACED — order 172ca746-031d-4067-b8a6-6053f032ca88 ✓ (yesterday’s PDT-deferred resolved, T+1 pattern)
• MRK stop $103.50 GTC: ACTIVE (placed yesterday)
• All other stops verified active (BLK $990, CCI $80, CEG $255, CVS $72.08, NKE $42.50, NVDA $185)
• AEM stop $200 was TRIGGERED at open — protected portfolio from further gold-mining downside (NEM/AU Ghana sector pressure + macro Iran-stalls)
• NEW LRCX/INTC stops PDT-blocked — defer to tomorrow morning autopilot (mirror established pattern)

PRE-SCAN — Sleeve Regime + Dry Powder (NEW infrastructure debut)

Sleeve Detection executed via skills/check-regime.md:

SLEEVE STATE
============
semi_ai: regime=HOT (auto, 6+ qualifying alerts in last 7d, threshold 5)
  contributing tickers: MRVL, TXN, LRCX, INTC, AMAT, AMD, SNPS-TSM
  hot since: 2026-04-20 (estimated from earliest qualifying alert)
  target=$5,400 (25% of $21,598)
  current_fill=$2,431 (45%) — UNDER-FILLED  members held: NVDA
  dry_powder=$2,969
  priority_queue=ON
  cash_flex_available=YES (max 1/day, score >= 85)

Sleeve detection succeeded on first run. Regime correctly classified as HOT given the cluster of semi catalysts this week. NVDA-only fill at 45% leaves ~$2,969 sleeve dry powder for new entries.

Phase 0.5 — Mercury Alert Scoring (last 4h, ~06:00 → 10:00 ET)

Heavy alert volume overnight + this morning. Top scored:

Sleeve-eligible (semi_ai, partition first per Phase A picker):

| Ticker | Score | Reaction Ratio | Sleeve-aware Class | Decision | |——–|——:|—————:|——————–|———-| | LRCX | 80 | 0.09 (under-reacted) | Under-reacted ✓ | EXECUTE pick #1 | | INTC | 88 | 0.35 (under-reacted) | Under-reacted ✓ | EXECUTE pick #2 | | TXN | 80 | 1.49 (fully priced) | Fully priced (HOT override saved this from over_reacted) | Skip — gap too steep | | MRVL | 75 | 0.39 | Under-reacted | Considered, deferred (cap reached) | | AMAT | 65 | — | Below threshold | Skip | | MU | 60 | — | Below threshold | Skip |

General (non-sleeve, eligible for remaining slots):

| Ticker | Score | Notes | |——–|——:|——-| | TECK | 85 | Q1 +75% beat + Anglo merger Canada approval | | TMO | 80 | Guide raise reframe (was beat-punished, now bull) | | ELV | 75 | FY guide raise (reframed from morning bearish) | | REGN | 75 | FDA Dupixent pediatric approval | | HOOD | 70 | Singapore + 5 cumulative positives | | SNY | 70 | Q1 beat + guide reaffirm | | DHR | 70 | Q1 beat + €2.98B capital raise |

Bearish noise (no action):

• HON triple guide-cut (-7% FY GAAP)
• MOH dramatic guide cut + price-action TBD
• LMT Q1 double miss
• NOW -14% AH on Middle East caveat
• IBM beat-punished
• FCX beat-punished reframe

Phase A — Sleeve-Aware Combined Triage

Sleeve picks (HOT semi_ai, priority queue ON):

• LRCX (under-reacted +0.7% on beat+raise)
• INTC (under-reacted +2.6% on chip fab confirm + triple upgrade)

Daily cap = 2/day reached. No general slots available.

General candidates deferred to tomorrow: TECK, TMO, ELV, REGN, HOOD, SNY, DHR — all watchlisted.

Phase B — Execute

LRCX BUY (sleeve trade #1)

• 4 sh @ $267.3705 limit (filled at $267.3705, better than $268.50 limit)
• Order: bcd0abbf-6b99-4216-af1f-09341d3f009e
• Trade journal: journal/trades/2026-04-23-LRCX-sleeve-buy.md
• Stop $246 PDT-rejected — deferred to tomorrow

INTC BUY (sleeve trade #2)

• 19 sh @ $66.9403 limit (filled at $66.9403)
• Order: c2c26223-cc9e-4fbc-918a-4e674ebd0d64
• Trade journal: journal/trades/2026-04-23-INTC-sleeve-buy.md
• Stop $61.60 PDT-rejected — deferred to tomorrow

Safety Gate Summary

Gate	Value	Status
Daily trade cap (max 2)	2 used (LRCX + INTC)	✓ at limit
Daily spend ($4K)	$2,341	✓
Max position (10% global)	LRCX 5.0%, INTC 5.9%	✓
Sleeve per-name cap (6%)	Both within	✓
Sleeve total ceiling (35%)	22% post-trade	✓
Min cash reserve ($2K)	$2,212 after	✓ (tight; no flex needed)
Circuit breaker (-8%)	+0.08% day	✓

Sleeve Telemetry

Sleeve	Regime	Target	Fill After Trades	Fill %	Status	Members Held
semi_ai	HOT	$5,400	$4,773	88%	AT TARGET	NVDA, LRCX, INTC

Sleeve picker decisions:

• Sleeve-eligible considered: 4 (LRCX, INTC, TXN passed; AMAT/MU below threshold; MRVL deferred)
• Slots filled by sleeve: 2 of 2 (sleeve consumed entire pipeline today as designed)
• Slots filled by general: 0 (general candidates deferred to tomorrow)

Cash-flex invocations today: 0 (not needed; min reserve maintained at $2,212 above $2K floor)

Reaper / Harvest Review (post-trade)

• AEM: STOPPED OUT this morning — no further action (loss realized -$152, position closed)
• BA +3.94% unrealized ($79): catalyst stack still validating; stop $205 placed today
• NVDA +14.27% unrealized ($304): TSLA chip fab + SpaceX in-house GPU adds caveat to NVDA but thesis intact at $202; $185 stop adequate
• CCI +4.5% unrealized: Q1 FFO beat post-close validating
• All other positions: GREEN, no Reaper signals

Pending for midday autopilot (12:47 ET)

1. LRCX/INTC stop placement check — both PDT-deferred to tomorrow morning, NOT today’s midday (cap exhausted today)
2. TECK / TMO / ELV monitor for further pullback on top general candidates (deferred)
3. MOH / NOW / HON monitor for bear continuation (sector rotation pressure)
4. TSLA monitor — multi-narrative noise (capex shock + EU surge + chip fab); reaction unclear
5. Sleeve fill at 88% — close to AT TARGET; new sleeve buys will need to consider 35% absolute ceiling first

Pending for tomorrow’s autopilot

1. Place LRCX stop $246 GTC
2. Place INTC stop $61.60 GTC
3. Verify BA stop $205 still active
4. TECK consideration if Q1 +75% + merger holds momentum (top general candidate carry-over)
5. MRVL consideration if pullback opportunity (deferred today due to cap)
6. Sleeve regime re-check — should remain HOT unless 3+ red days emerge

Lock released

journal/autopilot-lock removed.