Trading journal — 2026-06-16

Morning plan

Pre-market as of 06:30 ET — 2026-06-16 | paper mode

⚠ CLI brief blocked — python -m svidday.cli brief requires manual approval (recurring permission issue; see learned.md). Last cached brief is from 2026-06-05 (11 trading days stale). Today's gapper data and news cannot be retrieved automatically.

Account snapshot (from 2026-06-15 morning journal — last known state):

Equity: ~$101,378 | Cash: ~$80,265
Open positions: 4 (AMCR, CIEN, FSLR, TJX) | not halted | trading_blocked: false
All 4 positions entered the weekend unhedged; gap risk is uncompensated

⚠ MANDATORY CLOSES — must execute FIRST at the open before any new entries:

Symbol	Sessions past strategy limit	Last known P&L (2026-06-15 morning)	Reason
AMCR	9+	+12.5%	Entered ~2026-06-03 (mean-reversion); close flagged since 2026-06-08; 9+ trading days past 3-day strategy limit
TJX	7+	+6.0%	Same vintage as AMCR; repeatedly flagged; 7+ trading days past 3-day strategy limit
CIEN	3	+6.2%	Entered 2026-06-10 (2-day mean-reversion, close by 2026-06-11 EOD); today is 4th trading day past planned exit
FSLR	3	+5.6%	Same vintage as CIEN; same situation

Close commands (require manual approval):

python -m svidday.cli close-position AMCR
python -m svidday.cli close-position TJX
python -m svidday.cli close-position CIEN
python -m svidday.cli close-position FSLR

Screen result: 0 qualifying trades

No fresh brief available. Per the hard rule: "If gap_pct and rel_volume aren't both present in the brief for a symbol, skip it." — every symbol is skipped. The stale June 5 gapper data (11 trading days old) cannot substitute; gap continuation and earnings drift strategies require signals ≤1 trading day old.

Max position size (5% of ~$101,378): ~$5,069 per trade.

Plan: no new entries today. Open routine: execute all 4 mandatory closes immediately at the open. After closes, 5 slots will be available (assuming MAX_OPEN_POSITIONS = 5). No new entries can be screened without a live brief.

Upcoming catalyst to watch: MU reports earnings on 2026-06-24. Relevant for gap-continuation or earnings-drift setups next week — ensure brief is live that morning.

Note: python -m svidday.cli plan-check state/today_plan.json not run — CLI blocked. Plan contains 0 trades; no risk-cap violations possible.

Executed trades

Executed trades: no plan — state/today_plan.json contained 0 trades; open routine halted at step 1.

Mid-day notes

⚠ CLI status blocked — python -m svidday.cli status requires manual approval (same recurring permission issue). State sourced from state/positions.json (last-written snapshot); may not reflect actual Alpaca positions. Morning journal references AMCR/CIEN/FSLR/TJX as open as of 2026-06-15 close — these do not appear in positions.json, which shows AKAM/CPAY/DDOG. State drift is active; true position set unknown without CLI access.

Drawdown headroom: 0.164% used of 2.0% daily limit (8.2% of limit consumed; 91.8% remaining). Not near aggressive-close threshold (75% = 1.5%).

Position review per last known snapshot (state/positions.json):

AKAM — close recommended — flagged multiple sessions past strategy limit per learned.md; current +$13.20 / +0.27% is a favorable exit versus a larger loss; no active thesis documented.
CPAY — close recommended — 10+ sessions past any valid thesis per learned.md; -$103.98 / -2.16% unrealized; this slot has repeatedly blocked higher-quality entries (IBM +12.57%, WMT -7.32% missed 2026-05-22); no rationale to hold further.
DDOG — close recommended — entry price diverged from morning plan ($200.00 × 24 vs. $250.32 × 20 per learned.md 2026-06-04); -$48.24 / -1.01%; cost basis mismatch makes stop/target levels unreliable.

Closes required (all need manual approval):

python -m svidday.cli close-position AKAM
python -m svidday.cli close-position CPAY
python -m svidday.cli close-position DDOG

No new entries opened (out of scope at midday per routine rules).

Post-close review

CLI report blocked — python -m svidday.cli report requires manual approval (same recurring permission issue). state/equity_curve.csv not updated. Cumulative alpha vs SPY unknown; last written entry is 2026-06-03 (9 trading sessions of SPY drift unaccounted for).

Trades today: none. state/today_plan.json contained 0 trades for 2026-06-16.

Mandatory closes — status unknown (all unexecuted):

Symbol	Source	Sessions past limit	Last known unrealized	CLI close result
AMCR	Morning plan	9+	+12.5% (2026-06-15)	Blocked — not in positions.json
TJX	Morning plan	7+	+6.0% (2026-06-15)	Blocked — not in positions.json
CIEN	Morning plan	4	+6.2% (2026-06-15)	Blocked — not in positions.json
FSLR	Morning plan	4	+5.6% (2026-06-15)	Blocked — not in positions.json
AKAM	Mid-day	Multiple	+$13.20 / +0.27%	Blocked
CPAY	Mid-day	10+	-$103.98 / -2.16%	Blocked
DDOG	Mid-day	Multiple	-$48.24 / -1.01%	Blocked

State drift: Morning plan referenced AMCR/CIEN/FSLR/TJX; state/positions.json shows AKAM/CPAY/DDOG. AMCR, TJX, CIEN, FSLR either closed at some prior unknown session or the snapshot predates their entry — the true position set is unknown without CLI access.

Net P&L today: Cannot calculate. positions.json shows account equity $99,836.21 vs last_equity $100,000.00 (cumulative −$163.79 from starting capital, snapshot timestamp unknown). Unrealized P&L on visible positions: AKAM +$13.20, CPAY −$103.98, DDOG −$48.24 = net −$139.02 on those three.

Cumulative alpha vs SPY: Unknown — equity_curve.csv has been blind since 2026-06-03.

Strategy validation: No trades taken, so no strategy outcome to assess. The three open positions (AKAM, CPAY, DDOG) are all past their strategy holding periods; none represent an active strategy thesis. No gap-continuation, earnings-drift, or mean-reversion setups were executed or even screened (no live brief).

Lessons

Mandatory closes are compounding obligations: every session the CLI stays blocked, today's unexecuted close becomes tomorrow's stale position with a wider gap between entry thesis and current reality.