On the record.
Strategy choices set the rules; per-position calls follow from them.
- TEAMholdapprovedcov · thintrend · neutraldrift · extreme2026-09-17
positive signal but thin coverage (only P2) — hold for confirmation.
3y target · $359.64add<$170.27trim>$198.56stop $156.12signals · 1 - WDAYtrimapprovedcov · thintrend · neutraldrift · extreme2026-08-29
1 negative pillar (P1) + extreme overweight (drift 55%) → elevated urgency trim. WDAY trim < 1 share at $198.68
3y target · $287.40add<$185.39trim>$225.25stop $165.47signals · 1 - INTUholdapprovedcov · solidtrend · neutraldrift · on_target2026-08-29
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $534.45add<$330.14trim>$376.71stop $306.85signals · 2 - TYLholdapprovedcov · thintrend · neutraldrift · on_target2026-08-29
positive signal but thin coverage (only P1) — hold for confirmation.
3y target · $426.77add<$314.05trim>$357.82stop $292.17signals · 1 - ORCLtrimapprovedcov · strongtrend · neutraldrift · on_target2026-08-29
1 negative pillar (P1) — ORCL is at or below target — no trim
3y target · $243.24add<$142.97trim>$165.62stop $131.64signals · 8 - PEGAholdapprovedcov · thintrend · neutraldrift · on_target2026-08-29
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $51.24add<$30.84trim>$35.28stop $28.61signals · 5 - NOWholdapprovedcov · thintrend · neutraldrift · high2026-08-29
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $219.05add<$117.38trim>$137.24stop $107.44signals · 1 - FRSHholdapprovedcov · thintrend · neutraldrift · high2026-08-29
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $19.98add<$12.05trim>$13.87stop $11.14signals · 3 - HUBSexitrejectedcov · thintrend · neutraldrift · on_target2026-08-29
3 signals; 2 distinct negative pillars (P1, P3) — thesis at risk on multiple axes.
size · 1sh · $158.533y target · $379.34add<$202.82trim>$266.78stop $170.84signals · 3 - MSFTholdapprovedcov · thintrend · neutraldrift · on_target2026-08-29
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $809.59add<$478.47trim>$529.25stop $453.09signals · 1 - MNDYexitrejectedcov · thintrend · neutraldrift · on_target2026-08-29
6 signals; 2 distinct negative pillars (P1, P3) — thesis at risk on multiple axes.
size · 2sh · $198.093y target · $178.21add<$80.71trim>$101.13stop $70.50signals · 6 - TEAMholdapprovedcov · thintrend · neutraldrift · extreme2026-08-29
positive signal but thin coverage (only P1) — hold for confirmation.
3y target · $277.91add<$152.32trim>$182.03stop $137.46signals · 5 - ESTCholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- PANWholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- WDAYexitrejectedcov · thintrend · neutraldrift · high2026-08-29
2 signals; 2 distinct negative pillars (P1, P5) — thesis at risk on multiple axes.
size · 2sh · $313.923y target · $276.55add<$178.15trim>$217.23stop $158.62signals · 2 - BILLholdrejected2026-08-29
Earnings in 2 day(s). Defer trim/add proposals through the print.
- INTUholdrejected2026-08-29
Earnings in 2 day(s). Defer trim/add proposals through the print.
- MNDYexitrejectedcov · thintrend · neutraldrift · on_target2026-08-29
6 signals; 2 distinct negative pillars (P1, P3) — thesis at risk on multiple axes.
size · 2sh · $188.603y target · $169.68add<$76.70trim>$96.60stop $66.75signals · 6 - BILLholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- WDAYholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- MNDYexitrejectedcov · thintrend · neutraldrift · on_target2026-08-29
2 signals; 2 distinct negative pillars (P1, P3) — thesis at risk on multiple axes.
size · 2sh · $205.983y target · $185.32add<$84.41trim>$104.22stop $74.50signals · 2 - INTUholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- INTUholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- MNDYexitrejectedcov · thintrend · neutraldrift · on_target2026-08-29
2 signals; 2 distinct negative pillars (P1, P3) — thesis at risk on multiple axes.
size · 2sh · $206.643y target · $185.91add<$84.78trim>$104.34stop $75.00signals · 2 - WDAYexitrejectedcov · thintrend · neutraldrift · extreme2026-08-29
4 signals; 2 distinct negative pillars (P1, P5) — thesis at risk on multiple axes.
size · 2sh · $324.013y target · $285.43add<$185.46trim>$221.04stop $167.67signals · 4 - VEEVholdapprovedcov · thintrend · neutraldrift · high2026-08-29
positive signal but thin coverage (only P1) — hold for confirmation.
3y target · $390.32add<$239.22trim>$265.26stop $226.20signals · 4 - FRSHholdapprovedcov · thintrend · neutraldrift · high2026-08-29
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $20.49add<$12.43trim>$14.08stop $11.60signals · 1 - WDAYexitapprovedcov · thintrend · neutraldrift · extreme2026-08-29
5 signals; 2 distinct negative pillars (P1, P5) — thesis at risk on multiple axes.
size · 2sh · $328.423y target · $289.32add<$188.33trim>$223.36stop $170.82signals · 5 - ORCLholdapprovedcov · thintrend · neutraldrift · on_target2026-08-29
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $236.69add<$139.98trim>$159.44stop $130.25signals · 4 - MNDYexitapprovedcov · thintrend · neutraldrift · on_target2026-08-29
4 signals; 2 distinct negative pillars (P1, P3) — thesis at risk on multiple axes.
size · 2sh · $205.353y target · $184.75add<$84.20trim>$103.78stop $74.42signals · 4 - OKTAholdapprovedcov · thintrend · neutraldrift · extreme2026-08-29
positive signal but thin coverage (only P3) — hold for confirmation.
3y target · $189.04add<$128.28trim>$148.87stop $117.98signals · 3 - INTUholdapprovedcov · solidtrend · neutraldrift · on_target2026-08-29
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $567.44add<$353.29trim>$394.43stop $332.72signals · 3 - MDBholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- BILLholdapproved2026-08-29
Earnings in 1 day(s). Defer trim/add proposals through the print.
- PANWholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- SNOWholdapproved2026-08-29
Earnings in 1 day(s). Defer trim/add proposals through the print.
- INTUholdapproved2026-08-29
Earnings in 1 day(s). Defer trim/add proposals through the print.
- VEEVholdapproved2026-08-29
Earnings in 1 day(s). Defer trim/add proposals through the print.
- OKTAholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- INTUholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- SNOWholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- VEEVholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- BILLholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- WDAYholdapproved2026-08-29
Earnings in 2 day(s). Defer trim/add proposals through the print.
- OKTAholdapproved2026-08-29
Earnings in 1 day(s). Defer trim/add proposals through the print.
- MDBholdapproved2026-08-29
Earnings in 2 day(s). Defer trim/add proposals through the print.
- ESTCholdapproved2026-08-29
Earnings in 2 day(s). Defer trim/add proposals through the print.
- MDBholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- ESTCholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- WDAYholdapproved2026-08-29
Earnings in 0 day(s). Defer trim/add proposals through the print.
- MSFTtrimapprovedcov · thintrend · neutraldrift · on_target2026-07-29
1 negative pillar (P4) — MSFT is at or below target — no trim
3y target · $608.94add<$389.22trim>$424.86stop $371.40signals · 1 - GTLBholdapprovedcov · solidtrend · neutraldrift · high2026-07-29
positive signal but conditions not met (coverage solid, trend neutral, drift high) — hold.
3y target · $63.24add<$29.84trim>$35.59stop $26.96signals · 4 - NOWholdapprovedcov · solidtrend · neutraldrift · on_target2026-07-29
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $183.73add<$97.90trim>$116.23stop $88.74signals · 2 - ORCLholdapprovedcov · solidtrend · neutraldrift · low2026-07-29
positive signal but conditions not met (coverage solid, trend neutral, drift low) — hold.
3y target · $200.72add<$117.42trim>$137.79stop $107.23signals · 3 - PLTRholdapprovedcov · thintrend · neutraldrift · on_target2026-07-29
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $512.19add<$127.20trim>$148.92stop $116.34signals · 2 - MSFTtrimapprovedcov · thintrend · neutraldrift · on_target2026-07-17
1 negative pillar (P4) — MSFT is at or below target — no trim
3y target · $584.65signals · 1 - CRMtrimapprovedcov · solidtrend · neutraldrift · on_target2026-07-17
1 negative pillar (P4) — CRM is at or below target — no trim
3y target · $214.89add<$157.29trim>$175.38stop $148.25signals · 4 - NOWholdapprovedcov · solidtrend · neutraldrift · on_target2026-07-17
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $190.27signals · 3 - ORCLholdapprovedcov · solidtrend · neutraldrift · low2026-07-17
positive signal but conditions not met (coverage solid, trend neutral, drift low) — hold.
3y target · $227.27signals · 6 - SAILholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P3) — hold for confirmation.
3y target · $26.36signals · 2 - PLTRholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $483.05signals · 1 - WDAYtrimapprovedcov · thintrend · neutraldrift · on_target2026-07-17
1 negative pillar (P3) — WDAY trim < 1 share at $135.40
3y target · $195.86signals · 2 - ORCLholdapprovedcov · thintrend · neutraldrift · low2026-07-17
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $226.67signals · 5 - NOWholdapprovedcov · solidtrend · neutraldrift · on_target2026-07-17
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $187.82signals · 5 - CRMexitapprovedcov · thintrend · neutraldrift · on_target2026-07-17
4 signals; 2 distinct negative pillars (P1, P4) — thesis at risk on multiple axes.
size · 2sh · $250.763y target · $218.56add<$160.17trim>$177.99stop $151.26signals · 4 - ASANholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $9.57add<$6.93trim>$8.16stop $6.32signals · 1 - PLTRholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $492.61signals · 3 - SAILholdapprovedcov · thintrend · neutraldrift · high2026-07-17
positive signal but thin coverage (only P3) — hold for confirmation.
3y target · $29.36signals · 1 - ASANholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $9.09add<$6.53trim>$7.84stop $5.88signals · 1 - PLTRholdapprovedcov · thintrend · neutraldrift · low2026-07-17
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $430.24signals · 2 - WDAYtrimapprovedcov · thintrend · neutraldrift · on_target2026-07-17
1 negative pillar (P3) — WDAY is at or below target — no trim
3y target · $179.67signals · 3 - NOWholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $173.72signals · 11 - CRMexitapprovedcov · strongtrend · neutraldrift · on_target2026-07-17
17 signals; 2 distinct negative pillars (P1, P4) — thesis at risk on multiple axes.
size · 2sh · $239.073y target · $208.38add<$152.02trim>$171.07stop $142.50signals · 17 - ORCLholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P1) — hold for confirmation.
3y target · $297.81signals · 3 - NOWholdapprovedcov · solidtrend · neutraldrift · on_target2026-07-17
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $167.89signals · 15 - CRMtrimapprovedcov · strongtrend · neutraldrift · on_target2026-07-17
1 negative pillar (P1) — CRM is at or below target — no trim
3y target · $199.71add<$143.13trim>$169.09stop $130.15signals · 19 - WDAYholdapprovedcov · solidtrend · neutraldrift · on_target2026-07-17
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $169.14signals · 2 - TEAMholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P1) — hold for confirmation.
3y target · $141.71signals · 1 - WDAYholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $189.21signals · 1 - ORCLholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P1) — hold for confirmation.
3y target · $297.55signals · 3 - NOWholdapprovedcov · solidtrend · neutraldrift · on_target2026-07-17
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $180.45signals · 7 - CRMtrimapprovedcov · solidtrend · neutraldrift · on_target2026-07-17
1 negative pillar (P1) — CRM is at or below target — no trim
3y target · $218.27add<$156.08trim>$185.52stop $141.36signals · 4 - TEAMholdapprovedcov · thintrend · neutraldrift · on_target2026-07-17
positive signal but thin coverage (only P1) — hold for confirmation.
3y target · $151.65signals · 1 - SAILholdapproved2026-07-17
Earnings in 0 day(s). Defer trim/add proposals through the print.
- PANWholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- GTLBholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- ORCLholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- SAILholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- CRMholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $244.29add<$175.38trim>$206.23stop $159.95signals · 1 - GTLBholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- CRMholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- OKTAholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- PANWholdapprovedcov · thintrend · neutraldrift · high2026-06-11
positive signal but thin coverage (only P3) — hold for confirmation.
3y target · $368.10signals · 1 - VEEVholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- MDBholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- TEAMholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $156.93signals · 1 - WDAYholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $180.83signals · 1 - SAPholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $216.86signals · 3 - GTLBholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- CRMholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- OKTAholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- PANWholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- SAILholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- MDBholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- VEEVholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- GTLBholdapprovedcov · thintrend · neutraldrift · high2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $61.83signals · 2 - CRMholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $251.45add<$183.01trim>$207.28stop $170.87signals · 1 - OKTAholdapprovedcov · thintrend · neutraldrift · extreme2026-06-11
positive signal but thin coverage (only P3) — hold for confirmation.
3y target · $172.44signals · 1 - SAILholdapprovedcov · thintrend · neutraldrift · extreme2026-06-11
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $36.21signals · 1 - ASANholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- CRMholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- OKTAholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- SNOWholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- MDBholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- ESTCholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- ESTCholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- ASANholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- CRMholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- OKTAholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- PANWholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- SNOWholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- MDBholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- VEEVholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- CRMholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- PANWholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- SNOWholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- VEEVholdapproved2026-06-11
Earnings in 1 day(s). Defer trim/add proposals through the print.
- GTLBholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $53.23signals · 2 - CRMholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $236.93add<$172.68trim>$194.84stop $161.60signals · 1 - FRSHholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $14.33signals · 1 - NOWholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $180.41signals · 1 - SAPholdapprovedcov · solidtrend · neutraldrift · on_target2026-06-11
positive signal but conditions not met (coverage solid, trend neutral, drift on_target) — hold.
3y target · $219.67signals · 3 - WDAYholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $185.36signals · 1 - OKTAholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P3) — hold for confirmation.
3y target · $129.03signals · 1 - PANWholdapprovedcov · thintrend · neutraldrift · high2026-06-11
positive signal but thin coverage (only P3) — hold for confirmation.
3y target · $395.01signals · 1 - SAILholdapprovedcov · thintrend · neutraldrift · high2026-06-11
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $30.28signals · 1 - CRMholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $228.30add<$166.61trim>$187.31stop $156.26signals · 1 - SAPholdapprovedcov · strongtrend · neutraldrift · on_target2026-06-11
positive signal but conditions not met (coverage strong, trend neutral, drift on_target) — hold.
3y target · $211.59signals · 6 - NOWholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $167.94signals · 2 - FRSHholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $14.14signals · 1 - TEAMholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P5) — hold for confirmation.
3y target · $149.83signals · 1 - NOWholdapprovedcov · thintrend · neutraldrift · on_target2026-06-11
positive signal but thin coverage (only P4) — hold for confirmation.
3y target · $161.07signals · 1 - APPNholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- PLTRholdapproved2026-06-11
Earnings in 0 day(s). Defer trim/add proposals through the print.
- PAYCholdapproved2026-06-11
Earnings in 2 day(s). Defer trim/add proposals through the print.
- FRSHholdapproved2026-05-07
Earnings in 1 day(s). Defer trim/add proposals through the print.
- HUBSholdapproved2026-05-07
Earnings in 2 day(s). Defer trim/add proposals through the print.
- PAYCholdapproved2026-05-07
Earnings in 1 day(s). Defer trim/add proposals through the print.
- FROGholdapproved2026-05-07
Earnings in 2 day(s). Defer trim/add proposals through the print.
- FRSHholdapproved2026-05-07
Earnings in 0 day(s). Defer trim/add proposals through the print.
121-Day Milestone Review
as of 2026-09-01 close · published 2026-09-02 · engine f.1.0
A PM-grade audit of the engine at day 121, written by the owner. Numbers are frozen at the 2026-09-01 close and are not updated — the live book lives on /portfolio.
The portfolio crushed its benchmark. The portfolio manager didn't. Nearly all of the +50% is the buy-and-hold seed; the engine's realized contribution in four months is three exits. Sorbet today is an exceptional governed monitoring instrument wrapped around a PM that has not yet moved money, learned, or noticed several of its own organ failures.
+49.96%
Open book since May 4 seed
cost $4,355 → $6,531 · 27 open positions · SPY +6.10% · QQQ +5.17%
224
Proposals in 121 days
143 approved · 9 rejected · 72 open
3
Executions ever
CRM, MNDY, WDAY exits · 0 of 9 approved trims executed
0.70 ×5
Pillar floors — never recalibrated
all five still at seeded 0.70 after 121 days
0.43–0.49
Measured 5-day signal precision
at or below coin-flip
$15.97
LLM cost, latest month
$9.91 / $7.66 / $8.79 / $15.97 by month — over ceiling every month
What held (safety)
- Zero unauthorized trades
- Zero public replies
- Zero self-modified thresholds
Proposal-only state machines, owner gates, and structurally-disabled speech all held for 121 days under real failures.
What failed (liveness)
- 10 weeks of silent signal re-scoring ADR 0033
- 81 days of discarded outcomes ADR 0032
- 6-day classifier wipeout ADR 0031
- Trim approvals that never executed
- ~$825 of exit proceeds sitting as untracked cash
- The first real floor recalibration (due Sep 1) silently computed sample_size 0 due to a truncated read
- ~1,900 outcome rows locked in terminal insufficient_data
Autonomy assessment
per the project's paper draft — the autonomy spectrum“Sorbet is maximally trustworthy and minimally alive.”
Every constraint binding at compile time or schema held; every function requiring the system to keep itself running or honest about its own health failed silently or never operated. Social/growth autonomy remains at level 0 of 4 after 121 days.
this week
- Restore the primary classifier provider
- Fix the truncated recalibration read and run the first real recalibration
- Stop the terminal insufficient_data evidence bleed
- Add the missing liveness watchdog rules
- Triage the 72-item queue
this month
- Make approved trims actually execute
- Track cash and refill emptied slots
- Expiry sweeper + exception-only queue
- Fix the backtester's contradictory numbers
- Start the daily equity curve
this quarter
- Per-day decision replay so the strategy gate becomes computable
- A pre-registered autonomy graduation-criteria ADR
- Monthly attribution reporting
Paper-traded research portfolio · not investment advice · reviewed in public, failures and all