Trade Execution — Buys | SECT Capital Quant Research

Redacted — proprietary method withheld. The space is kept so you can see where detail exists.

Execution summary

I filled 10 market orders at Monday's open for the week of July 13, 2026. I show the ATR-scaled stop and the conviction I carried in; the position weightings stay proprietary.

Ticker	Value $	Stop	Composite
IMVT	7946.27	GTC ATR stop	71.1
OII	7946.27	GTC ATR stop	65.6
DHR	7946.27	GTC ATR stop	71.7
SN	7946.27	GTC ATR stop	52.6
BLLN	7946.27	GTC ATR stop	60.1
DLTR	7946.27	GTC ATR stop	57.0
NAVN	7946.27	GTC ATR stop	60.5
NUVL	7946.27	GTC ATR stop	61.3
SHC	7946.27	GTC ATR stop	60.6
ALL	7946.27	GTC ATR stop	60.6

Macro environment

VIX

15.84

10Y−2Y

+0.38

HY OAS

2.70

Unemployment

4.2

SPY 20d

+2.13%

Here is how I read the backdrop: volatility is cheap at 15.8 — barely 1.00% a day — and cheap vol is exactly where I watch crowding hardest, the 10y−2y curve has steepened to +0.38, a quieter vote of confidence in duration, high-yield spreads at 2.70 are still contained, so credit is not yet contradicting the tape, and the S&P's trailing month is +2.1%, the trend I am actually trading against.

Volatility is the first thing I price, because it sets the size of every other bet. I scale gross exposure inversely to realised vol — target the risk, not the notional — so a calmer tape lets the book breathe and a violent one pulls it in automatically:

\sigma_{\text{daily}}\approx\dfrac{\mathrm{VIX}}{\sqrt{252}}\qquad w_{\text{gross}}\;\propto\;\dfrac{\sigma_{\text{target}}}{\sigma_{\text{daily}}}

Source: fred · as of 2026-07-10

Per-position evidence

#1 IMVT IMVT Biotechnology Composite 71.1 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	59.0
Catalyst	50.0	n/a
Sentiment	50.0	n/a
Technical	78.2
Fundamental	36.9
Smart Money		n/a
ML Ensemble
Composite	71.1	—
Universe percentile	98

Technicals (2026-06-18)

RSI(14)	65.6	ADX(14)	25.6
MACD	1.221	Signal	1.061
MACD hist	0.160	ATR(14)	1.49
SMA 20	32.91	SMA 50	29.94
SMA 200	24.73	Vol ratio	1.15
Boll upper	35.54	Boll lower	30.28
CCI(20)	135.8	MFI(14)	55.0

Sentiment & news

Fundamentals

P/E	n/a	PEG	n/a
P/B	5.93	P/S	n/a
ROE	-68.2	ROA	-62.2
Net margin	n/a	Rev growth	n/a
Debt/Equity	n/a	EPS growth	n/a

IMVT selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 71.1/100

#2 OII OII Energy Composite 65.6 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	50.7
Catalyst	50.0	n/a
Sentiment	77.9
Technical	60.5
Fundamental	64.4
Smart Money		n/a
ML Ensemble
Composite	65.6	—
Universe percentile	95

Technicals

No indicators on file yet.

Sentiment & news

Fundamentals

P/E	11.9	PEG	n/a
P/B	2.24	P/S	1.51
ROE	34.6	ROA	13.3
Net margin	n/a	Rev growth	2.4
Debt/Equity	n/a	EPS growth	88.3

OII selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 65.6/100

#3 DHR DHR Life Sciences Tools & Services Composite 71.7 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	41.4
Catalyst	72.5
Sentiment	65.8
Technical	70.5
Fundamental	54.6
Smart Money		n/a
ML Ensemble
Composite	71.7	—
Universe percentile	92

Technicals (2026-07-10)

RSI(14)	62.3	ADX(14)	20.5
MACD	3.756	Signal	2.731
MACD hist	1.025	ATR(14)	5.14
SMA 20	188.08	SMA 50	185.71
SMA 200	205.95	Vol ratio	1.21
Boll upper	202.98	Boll lower	173.18
CCI(20)	102.4	MFI(14)	76.0

Sentiment & news

Combined sentiment	+0.15	Momentum (WoW)	n/a
News (pos/neg)	0/2	Social posts	1

Fundamentals

P/E	39.0	PEG	n/a
P/B	3.08	P/S	5.73
ROE	7.1	ROA	4.5
Net margin	n/a	Rev growth	4.0
Debt/Equity	n/a	EPS growth	0.3

DHR selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 71.7/100

#4 SN SN Consumer products Composite 52.6 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	52.3
Catalyst	50.0	n/a
Sentiment	72.8
Technical	61.6
Fundamental	65.6
Smart Money		n/a
ML Ensemble
Composite	52.6	—
Universe percentile	88

Technicals

No indicators on file yet.

Sentiment & news

Why SharkNinja, Inc. (SN) Outpaced the Stock Market Today [neutral]
Why SharkNinja, Inc. (SN) Outpaced the Stock Market Today [neutral]
SharkNinja (SN) Launches FlexStyle IonCurl, Where Does Fair Value Sit? [positive]

Fundamentals

P/E	30.8	PEG	n/a
P/B	5.90	P/S	3.38
ROE	28.1	ROA	14.2
Net margin	n/a	Rev growth	15.9
Debt/Equity	n/a	EPS growth	56.6

SN selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 52.6/100

#5 BLLN BLLN Health Care Composite 60.1 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	59.2
Catalyst	73.3
Sentiment	52.7
Technical	73.4
Fundamental	38.4
Smart Money		n/a
ML Ensemble
Composite	60.1	—
Universe percentile	85

Technicals (2026-06-15)

RSI(14)	59.6	ADX(14)	20.1
MACD	4.249	Signal	3.759
MACD hist	0.490	ATR(14)	6.67
SMA 20	94.07	SMA 50	88.21
SMA 200	n/a	Vol ratio	1.46
Boll upper	108.23	Boll lower	79.90
CCI(20)	90.2	MFI(14)	61.5

Sentiment & news

Fundamentals

P/E	782.2	PEG	n/a
P/B	7.80	P/S	19.11
ROE	7.6	ROA	5.2
Net margin	n/a	Rev growth	n/a
Debt/Equity	n/a	EPS growth	n/a

BLLN selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 60.1/100

#6 DLTR DLTR Retail Composite 57.0 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	42.1
Catalyst	75.0
Sentiment	85.1
Technical	74.9
Fundamental	51.2
Smart Money		n/a
ML Ensemble
Composite	57.0	—
Universe percentile	82

Technicals (2026-06-09)

RSI(14)	59.5	ADX(14)	30.6
MACD	2.503	Signal	1.078
MACD hist	1.425	ATR(14)	4.69
SMA 20	101.82	SMA 50	103.37
SMA 200	110.21	Vol ratio	0.79
Boll upper	119.50	Boll lower	84.15
CCI(20)	72.5	MFI(14)	59.6

Sentiment & news

Combined sentiment	+0.10	Momentum (WoW)	n/a
News (pos/neg)	2/0	Social posts	0

Zip Opens New York City Hub, Plans to Double Local Team [positive]
Zip Opens New York City Hub, Plans to Double Local Team [positive]
Dollar Tree makes key move to keep popular items in stock [positive]

Fundamentals

P/E	18.6	PEG	n/a
P/B	6.21	P/S	1.23
ROE	35.9	ROA	9.5
Net margin	n/a	Rev growth	51.3
Debt/Equity	n/a	EPS growth	-4.8

DLTR selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 57.0/100

#7 NAVN NAVN Hotels, Restaurants & Leisure Composite 60.5 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	54.0
Catalyst	50.0	n/a
Sentiment	62.4
Technical	60.9
Fundamental	47.9
Smart Money		n/a
ML Ensemble
Composite	60.5	—
Universe percentile	78

Technicals

No indicators on file yet.

Sentiment & news

Fundamentals

P/E	n/a	PEG	n/a
P/B	2.22	P/S	9.39
ROE	-44.6	ROA	-26.4
Net margin	n/a	Rev growth	n/a
Debt/Equity	n/a	EPS growth	n/a

NAVN selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 60.5/100

#8 NUVL NUVL Biotechnology Composite 61.3 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	49.9
Catalyst	50.0	n/a
Sentiment	86.8
Technical	60.9
Fundamental	28.2
Smart Money		n/a
ML Ensemble
Composite	61.3	—
Universe percentile	75

Technicals

No indicators on file yet.

Sentiment & news

Biotech Euphoria Driven By Fundamentals [positive]
Is GSK Quietly Becoming An Oncology Powerhouse [positive]
GSK Commences Tender Offer To Acquire Nuvalent At $124/Share [neutral]

Fundamentals

P/E	n/a	PEG	n/a
P/B	5.86	P/S	n/a
ROE	-42.8	ROA	-37.8
Net margin	n/a	Rev growth	n/a
Debt/Equity	n/a	EPS growth	n/a

NUVL selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 61.3/100

#9 SHC SHC Life Sciences Tools & Services Composite 60.6 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	48.2
Catalyst	50.0	n/a
Sentiment	61.1
Technical	62.3
Fundamental	56.9
Smart Money		n/a
ML Ensemble
Composite	60.6	—
Universe percentile	72

Technicals

No indicators on file yet.

Sentiment & news

Fundamentals

P/E	67.4	PEG	n/a
P/B	8.27	P/S	4.51
ROE	20.6	ROA	3.6
Net margin	n/a	Rev growth	7.4
Debt/Equity	n/a	EPS growth	277.5

SHC selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 60.6/100

#10 ALL ALL Insurance Composite 60.6 / 100

Filled at 0.00 for 0.0000 shares ($7946.27).

Decision & pillar scores

Pillar	Score	Weight
Momentum	48.2
Catalyst	80.0
Sentiment	52.0
Technical	61.0
Fundamental	55.7
Smart Money		n/a
ML Ensemble
Composite	60.6	—
Universe percentile	68

Technicals

No indicators on file yet.

Sentiment & news

A sea of mourners buried the myth of a weak Iran [negative]
Bankipur people backing us, says RJD candidate [positive]
Kevin Durant Trade Rumors: Rockets Star Linked to Pistons and Cade Cunningham as Interest Grows Again [positive]

Fundamentals

P/E	6.3	PEG	n/a
P/B	1.78	P/S	0.96
ROE	42.7	ROA	10.1
Net margin	n/a	Rev growth	4.4
Debt/Equity	n/a	EPS growth	203.8

ALL selected based on: • UPCOMING CATALYSTS: High probability events within 30 days • COMPOSITE SCORE: 60.6/100

A standing note on method. I run this book in paper-trading mode, so every fill you see is simulated rather than a realised, audited track record — I would rather state that plainly than flatter the numbers. Nothing here is investment advice, an offer, or a solicitation; it is my own research, published so it can be read and argued with in the open. The blacked-out passages mark the parts of the process I keep proprietary. And because the framework recalibrates every week, where my read was wrong I expect the priors — not my ego — to be the first to say so.