🐂 SPY Bull / Bear Tracker 🐻

SPY closed at 764.02 (−1.17% on the day; S&P 500 −1.21%, Nasdaq −2.6% — its worst day since June), under the 50-day (768.29) but well above the 200-day (726.29). The session's last act was absorption: a 3:00 PM probe printed 761.16 — 0.11% through the 762 floor — with no 5-min close through it, and price reclaimed VWAP (763.71) and the 14 EMA into the close, finishing +0.27% above the floor. The 769–770 ceiling was never retested. A violent session inside a still-intact long-term uptrend caps at −1, not −2. Friday 08:10 futures update: Reuters at 06:09 AM ET put Dow E-minis down 308 points (−0.58%), S&P 500 E-minis down 15.5 points (−0.2%) and Nasdaq 100 E-minis essentially flat (−0.75 points) — futures ticked lower than the earlier flat/mixed reads but are not a new leg down, and are not scored. Reuters also reported telecom shares (AT&T, Verizon, T-Mobile) down over 3% pre-market on a reported SpaceX wireless-carrier plan, with cell-tower names up (Crown Castle +8.5%, American Tower +5.6%) — a sector story, not an index-level driver, not scored. Friday 09:10 futures update: Investopedia's pre-open read (Oct 23, 2026) put Nasdaq futures down 0.1%, S&P 500 futures down 0.3% and Dow futures down 0.7% recently, with WTI up 1.6% at $101.10 — futures a touch lower than Reuters' 06:09 AM ET read, still no new leg in either direction, and not scored. Finnhub put QQQ pre-market at −0.24% as of 09:09 ET, versus −0.01% at 07:09 ET — same direction, small move, not scored. Friday first-hour update (10:10): SPY gapped down at the open (759.87) and has NOT traded above the 762 floor all morning — the day high is 761.32 (Twelve Data quote, 10:12 AM ET) — so the floor that held on closes all Thursday is, for now, lost on closes: every 5-minute bar of the session has closed below it, price sits at 760.38 (−0.48% vs Thursday's 764.02 close) just under session VWAP (760.39) and under the intraday stack (14 EMA 761.08, 50 SMA 762.29, 200 SMA 767.79), and the momentum module reads BEARISH MOMENTUM (−6). That is the −2 anchor — shelves failing, VWAP lost — so technical structure moves −1 → −2. The mitigants are named plainly: the longer uptrend is intact (200-day 726.29, price ~4.7% above it), the session is orderly rather than violent (−0.48%, no cascade), and QQQ is green (+0.14% at 10:12 AM ET) — this is a floor failing, not a market breaking. A reclaim of 762 on closes would soften this back toward −1 in a later edition; a Friday close below 762 confirms the break and the shelf map gets redrawn from the next shelf down. Friday late-morning update (11:10): the floor fight changed character. SPY pushed to a new session low at 758.68 mid-morning, then recovered: the day high is now 763.25 (price HAS traded above the 762 floor), the 11:10 bar closed at 762.01 — right on the floor — with price back above session VWAP (760.60) and the 14 EMA (761.55), and the momentum module flipped BEARISH MOMENTUM → NO MOMENTUM (+1). That is the reclaim condition this page named at 10:10, met only at the line itself, so technical structure softens −2 → −1 rather than turning positive: price is still below the daily 50-day (768.29) and the intraday 200 SMA (767.29), the 769–770 ceiling is untouched, and the day is still down (−0.26% vs Thursday's 764.02 close). The break is unconfirmed, not undone — a close back below 762 re-arms −2, and only closes holding at/above the floor plus a push through 763.25 would argue the shelf is defended again. Friday midday update (12:10): the reclaim strengthened. Closes have now held above the 762 floor since the 11:20 AM bar, the day high is unchanged at 763.47, and the 12:10 bar closed at 763.04 — above session VWAP (761.00) and the 14 EMA (762.61) — with the momentum module back to BULLISH MOMENTUM (+4). Price is still down on the day (−0.13% vs Thursday's 764.02 close) and still below the daily 50-day (768.29) and the intraday 200 SMA (766.92), and the 769–770 ceiling is untouched — so this stays −1, not a positive score: the floor is being defended again, the trend above it is not yet repaired. A Friday close below 762 still confirms the break. Friday early-afternoon update (13:10): the midday reclaim failed. Closes slipped back below the 762 floor from the 12:50 PM bar (761.44) onward — the 1:05 PM bar closed at 760.79 and the 1:10 PM bar at 760.42 (−0.47% vs Thursday's 764.02 close) — with price below session VWAP (761.07) and the whole intraday stack (14 EMA 761.65, 50 SMA 761.70, 200 SMA 766.50), structure lower highs + lower lows, RSI-14 34.5, and the momentum module at BEARISH MOMENTUM (−7), its weakest read of the day. That is the re-arm condition the 11:10 edition named ('a close back below 762 re-arms −2'), now met on consecutive closes, so technical structure returns −1 → −2: the shelf is failing again and VWAP is lost. A REVERSAL WATCH — UP fired at 12:40 PM at the floor and was graded a MISS within the hour (price closed through the level at 1:05 PM before traveling 0.40% from the probe) — the absorption bid did not hold. The mitigants are unchanged and named plainly: the longer uptrend is intact (200-day 726.29, price ~4.7% above it), the session remains orderly (−0.47%, no cascade), and QQQ is still green (+0.15% at 705.53). This is a floor failing twice in one day, not a market breaking — but a Friday close below 762 now confirms the break, and the shelf map gets redrawn from the next shelf down in the close edition. Friday mid-afternoon update (14:10): the floor is still lost, but the tape steadied. The 2:10 PM bar closed at 760.81 (−0.42% vs Thursday's 764.02 close), up off the 1:10 PM bar's 760.42, with closes still below the 762 floor since ~12:50 PM and price still below session VWAP (761.02) and the intraday stack (14 EMA 760.89, 50 SMA 761.52, 200 SMA 765.95); the momentum module holds BEARISH MOMENTUM, softening −7 → −5 as RSI-14 recovered to 45.6 and structure went mixed. The 13:30–14:00 session bucket completed MIXED +4 — a stabilization attempt, not a reclaim: no close has retaken 762 since the midday high, the day range is unchanged (758.68–763.47), and price remains below the daily 50-day (768.29). Technical structure stays −2: the shelf is still failing on closes and VWAP is still lost into the final two hours; a Friday close below 762 confirms the break. Friday final-hour update (15:10): the tape steadied further but the floor is still lost. The 3:05 PM bar closed at 760.73 (−0.43% vs Thursday's 764.02 close), with closes still below the 762 floor since ~12:50 PM and price still below session VWAP (760.99), though now just above the 14 EMA (760.69); the momentum module eased BEARISH MOMENTUM (−5) → NO MOMENTUM (−3) as RSI-14 recovered to 47.6 and structure stayed mixed. No close has retaken 762 since the midday high (763.47), the day range is unchanged (758.68–763.47), and price remains below the daily 50-day (768.29). Technical structure stays −2 into the final hour: the shelf is still failing on closes and VWAP is still lost; a Friday close below 762 — now the base case with under an hour left — confirms the break and the shelf map is redrawn from the next shelf down in the close edition. Friday close update (16:10): the break is CONFIRMED on the close. SPY closed at 759.89 (−0.54% vs Thursday's 764.02 close; the Twelve Data closing quote matches the final 15:55 bar exactly), below the 762 floor and below session VWAP (760.72), with the final bar's momentum read back to BEARISH MOMENTUM (−5; RSI-14 35.6; session structure LH/LL). The full Friday range was 758.68–763.47: the floor was lost on closes in the first hour, reclaimed from 11:20 AM to a 763.47 high, lost again from ~12:50 PM, and never retaken into the close. The longer uptrend is still intact (the close sits ~4.6% above the 200-day at 726.29) and the session stayed orderly (−0.54%, no cascade), so this stays −2. The published flip levels are republished at 770 / 762 with the break confirmed: the redraw to the next shelf down (today's defended session low, 758.68) is set for Monday's first edition — this close edition's engine suite was computed against the levels in force all session, and a Twelve Data HTTP 429 blocked re-running the replay against redrawn levels before publication, so no unverified momentum is published (see data notes). Friday post-close update (17:10): the provider's revised final tape reprices the close at 759.85 (−0.55% vs Thursday's 764.02) — the 16:10 edition's 759.89 print is superseded on revised bars (the post-close backfill found the Twelve Data daily bar, closing quote and final 5-min bar agreeing at 759.85; StockAnalysis lists 759.97 — the cent-level spread is flagged in the data notes, and every candidate close sits below both flip lines, so the confirmed-break verdict is unchanged). Session VWAP on the revised bars is 761.47 (vs 760.72 published at 16:10) and the session open is repriced 759.87 → 759.90; the momentum state is unchanged (BEARISH MOMENTUM −5 at the final bar). AP's close wrap cross-checks the index close: S&P 500 −0.5% to 7,623.68, Dow −1.2% to 52,215.16, Nasdaq −0.2% to 25,955.34. Score unchanged at −2. Friday evening update (18:10): the engine suite was re-run at ~6:11 PM ET and is identical on the final tape — final bar 759.85, session VWAP 761.47, BEARISH MOMENTUM −5, session complete (78 bars). CNBC's closing wrap cross-checks the index closes (S&P 500 −0.52% to 7,623.68, Dow −1.23% to 52,215.16, Nasdaq −0.21% to 25,955.34 — matching AP's −0.5% / −1.2% / −0.2%). No after-hours tape change; score unchanged at −2. Friday late-evening update (19:10): the engine suite was re-run at ~7:11 PM ET and is identical on the final tape — final bar 759.85, session VWAP 761.47, BEARISH MOMENTUM −5, session complete (78 bars); replay returns the same single fire (12:40 PM REVERSAL WATCH — UP, MISS unchanged). No after-hours tape change; score unchanged at −2. Friday night update (20:10): the engine suite was re-run at ~8:11 PM ET and is identical on the final tape — final bar 759.85, session VWAP 761.47, BEARISH MOMENTUM −5, session complete (78 bars); replay returns the same single fire (12:40 PM REVERSAL WATCH — UP, MISS unchanged). The 8:10 PM major-source scan found no post-close escalation or de-escalation and no new tape development — the week is complete with the 762 break confirmed on the close. Score unchanged at −2. Friday late-night update (21:10): the engine suite was re-run at ~9:11 PM ET and is identical on the final tape — final bar 759.85, session VWAP 761.47, BEARISH MOMENTUM −5, session complete (78 bars); replay returns the same single fire (12:40 PM REVERSAL WATCH — UP, MISS unchanged). The 9:10 PM major-source scan found no post-close escalation or de-escalation and no new tape development — the week is complete with the 762 break confirmed on the close. Score unchanged at −2. Friday late-night update (22:10): the engine suite was re-run at ~10:11 PM ET and is identical on the final tape — final bar 759.85, session VWAP 761.47, BEARISH MOMENTUM −5, session complete (78 bars); replay returns the same single fire (12:40 PM REVERSAL WATCH — UP, MISS unchanged). The 10:10 PM major-source scan found no post-close escalation or de-escalation and no new tape development — the week is complete with the 762 break confirmed on the close. Score unchanged at −2. Friday late-night update (23:10): the engine suite was re-run at ~11:11 PM ET and is identical on the final tape — final bar 759.85, session VWAP 761.47, BEARISH MOMENTUM −5, session complete (78 bars); replay returns the same single fire (12:40 PM REVERSAL WATCH — UP, MISS unchanged). The 11:10 PM major-source scan found no new tape development — the week is complete with the 762 break confirmed on the close. Score unchanged at −2. Monday pre-open update (12:10 AM): the map is REDRAWN, exactly as Friday's close edition prescribed — bulls own it above 762 (the lost floor, now the first repair line and the ceiling of the new map), bears own it below 758.68 (Friday's defended session low). SPY's last close is still Friday's 759.85, inside the new 758.68–762 contested zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Sunday-evening futures are mildly positive — Reuters' Monday Asia wrap put S&P 500 and Nasdaq futures both up 0.2%, and CNBC's Sunday-evening open had S&P 500 futures +0.4%, Dow futures +128 points and Nasdaq-100 futures +0.6% — a stabilization bid, not a reclaim: no close has taken back 762, and futures are not scored. The momentum engine re-run against the redrawn levels still reads BEARISH MOMENTUM (−5) on Friday's final bar (price 759.85, below VWAP and the intraday stack, RSI-14 34.7), now +0.15% above the new floor and 0.28% below the bull line. Score unchanged at −2. Monday pre-open update (1:10 AM): the engine suite was re-run at ~1:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL) and the 1:10 AM major-source scan found no newer futures read than the cross-checked mildly positive Sunday reads (Reuters Asia +0.2% / +0.2%; CNBC Sunday open +0.4% / +0.6%) — a stabilization bid, still not a reclaim of 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday pre-open update (2:10 AM): the engine suite was re-run at ~2:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL). A NEWER futures read has printed since the 1:10 AM edition: TipRanks at 1:38 AM EDT put Nasdaq-100 futures +0.24%, S&P 500 futures +0.27% and Dow futures +0.31% — consistent with the cross-checked mildly positive Sunday reads (Reuters Asia +0.2% / +0.2%; CNBC Sunday open +0.4% / +0.6%), still a stabilization bid rather than a reclaim of 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday pre-open update (3:10 AM): the engine suite was re-run at ~3:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL) and the 3:10 AM major-source scan found no newer futures read than TipRanks' 1:38 AM EDT mildly positive print (Nasdaq-100 +0.24%, S&P 500 +0.27%, Dow +0.31%) — a stabilization bid, still not a reclaim of 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday pre-open update (4:10 AM): the engine suite was re-run at ~4:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL) and the 4:10 AM major-source scan found no newer futures read than TipRanks' 1:38 AM EDT mildly positive print (Nasdaq-100 +0.24%, S&P 500 +0.27%, Dow +0.31%) — a stabilization bid, still not a reclaim of 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday pre-open update (5:10 AM): the engine suite was re-run at ~5:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL). NEWER futures reads have printed since the 4:10 AM edition and they are MIXED, a touch softer than TipRanks' uniformly positive 1:38 AM EDT print: FXStreet's European-hours read (08:46 UTC) put Dow futures +0.32% near 52,560, S&P 500 futures +0.14% near 7,670 and Nasdaq-100 futures −0.13% near 29,080; Seeking Alpha (08:38 UTC) put Dow futures +0.33% and S&P 500 futures +0.13%; Investor's Business Daily put Dow futures +0.3%, S&P 500 futures +0.2% and Nasdaq-100 futures +0.1%, with crude down 2% and the 10-year edging down to 4.97%. Direction across the reads is flat-to-slightly-positive with Nasdaq the soft leg — still a stabilization bid, still not a reclaim of 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday pre-open update (6:10 AM): the engine suite was re-run at ~6:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL). NEWER futures reads have printed since the 5:10 AM edition and they are UNIFORMLY POSITIVE, firmer than the 5:10 mixed reads: Reuters at 05:19 AM ET put Dow E-minis up 257 points (+0.49%), S&P 500 E-minis up 23.25 points (+0.3%) and Nasdaq 100 E-minis up 73 points (+0.25%), and TipRanks' updated 5:31 AM EDT read agrees (Dow +0.51%, S&P 500 +0.31%, Nasdaq-100 +0.25%). That is a firmer stabilization bid — still not a reclaim: no close has taken back 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday pre-open update (7:10 AM): the engine suite was re-run at ~7:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL). The newest futures read is a touch softer than Reuters' 05:19 AM ET print but the same direction: Investopedia's Monday live read put Dow futures up 0.4%, S&P 500 futures up 0.2% and Nasdaq 100 futures up 0.1% in recent trading — still a stabilization bid, still not a reclaim: no close has taken back 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday pre-open update (8:10 AM): the engine suite was re-run at ~8:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL). Investopedia's updated Monday live read put Dow futures up 0.3%, S&P 500 futures up 0.2% and Nasdaq 100 futures up 0.2% in recent trading — the same stabilization bid as the 7:10 AM read (Dow a touch softer at +0.3% vs +0.4%, Nasdaq a touch firmer at +0.2% vs +0.1%), still not a reclaim: no close has taken back 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday pre-open update (9:10 AM): the engine suite was re-run at ~9:11 AM ET against the redrawn 758.68 / 762 levels and is identical on Friday's final tape — final bar 759.85, session VWAP 761.18, BEARISH MOMENTUM −5, RSI-14 34.7. Monday's session has not started (no Monday bars; session fetch HTTP 400, session STALE / NO CALL); the open is ~20 minutes away. The newest futures reads are firmer, led by Nasdaq: Investopedia's Stock Market Today live read (less than an hour before the bell) put Nasdaq 100 futures up 0.5%, Dow futures up 0.3% and S&P 500 futures up 0.3%, and its 5 Things pre-open read put Dow +0.4%, S&P 500 +0.3% and Nasdaq +0.5% recently — futures pointing to a higher open, still not a reclaim: no close has taken back 762, and futures are not scored. Price's last close (759.85) sits inside the 758.68–762 zone, below the daily 50-day (768.29) and well above the 200-day (726.29). Score unchanged at −2. Monday first-hour update (10:10 AM): THE RECLAIM IS IN PROGRESS. SPY gapped up at the open — session open 762.26, a +0.32% gap vs Friday's 759.85 close, above the 762 bull line — dipped to a 761.68 session low on the first bar (a wick through the line; that bar CLOSED at 762.70), and no 5-minute close has printed below 762 all morning. The session high is 764.47 and the 10:10 AM bar closed at 764.03 (+0.55% vs Friday's close), above session VWAP (763.19) and the 14 EMA (762.57), with the momentum module flipped BEARISH MOMENTUM (−5) → BULLISH MOMENTUM (+4, RSI-14 64.7). Investopedia's early-trading read cross-checks the index move (S&P 500 +0.5%, Nasdaq +0.5%, Dow +0.4% in recent trading). That meets the reclaim condition this page has named since Friday — closes back above 762 with VWAP and the 14 EMA reclaimed — so technical structure softens −2 → −1. It does NOT turn positive: price is still below the daily 50-day (768.29) and the intraday 200 SMA (764.34), the 769–770 ceiling is overhead and untouched, and a reclaim is confirmed only by a daily close holding above 762 — one strong morning inside a still-broken short-term trend caps at −1. A close back below 762 re-arms −2. Score change this edition: −2 → −1. Monday late-morning update (11:10): the repair extended. The 11:10 AM bar closed at 766.93 (+0.93% vs Friday's 759.85 close), the session high is 767.73 — within 0.6 points of the daily 50-day (768.29) — and price now sits above the whole intraday stack: session VWAP (764.50), the 14 EMA (765.77) and the intraday 200 SMA (763.87), with the momentum module holding BULLISH MOMENTUM (+4, RSI-14 68.7) and the 10:30 session bucket completed BULLISH +6. No 5-minute close has printed below the 762 bull line all session. That completes the intraday repair this page has tracked since Friday — the shelf is reclaimed on closes, VWAP and both intraday averages are held from above — so technical structure moves −1 → 0. It does NOT go positive: price is still below the daily 50-day (768.29), the 769–770 ceiling overhead is untested, and the reclaim is still unconfirmed until a daily close holds above 762. A close back below 762 re-breaks the shelf and re-arms a negative score. Score change this edition: −1 → 0. Monday midday update (12:10 PM): the repair held but stopped extending. Price faded off the 767.73 session high — the 11:30–12:00 session bucket completed BEARISH −4 (bucket close 765.22, −0.21%) — and the 12:10 PM bar closed at 765.21 (+0.71% vs Friday's 759.85 close): still above session VWAP (765.00) and still above the 762 bull line (no 5-minute close has printed below it all session), but now below the 14 EMA (765.88), and the momentum module eased BULLISH MOMENTUM (+4) → NO MOMENTUM (+2, RSI-14 47.9) — a material change in the tape read. The intraday stack below price is repaired (50 SMA 763.69, 200 SMA 763.43), structure on the session is LH/LL off the high, and price remains below the daily 50-day (768.29) with the reclaim still unconfirmed until a daily close holds above 762. That mix — shelf held on closes, momentum cooled to neutral, trend above unrepaired — keeps technical structure at 0. A close back below 762 re-breaks the shelf; a push through 767.73 toward the 50-day would argue for a positive score. No score change this edition. Monday early-afternoon update (1:10 PM): the midday fade found support and turned back up. Price held above session VWAP through the 12:30–1:00 PM stretch, and the 1:10 PM bar closed at 766.21 (+0.84% vs Friday's 759.85 close) — back above session VWAP (765.04) and the 14 EMA (765.50), with the momentum module flipping NO MOMENTUM (+2) → BULLISH MOMENTUM (+5, RSI-14 59.1) on a price cross up through VWAP in the trailing hour — a material change in the tape read. No 5-minute close has printed below the 762 bull line all session, the range is unchanged (761.68–767.73), and the intraday stack sits repaired below price (50 SMA 764.86, 200 SMA 763.01). That keeps technical structure at 0, not positive: price is still below the daily 50-day (768.29), it has not pushed through the 767.73 session high, and the reclaim is still unconfirmed until a daily close holds above 762. A close back below 762 re-breaks the shelf; a push through 767.73 toward the 50-day would argue for a positive score. No score change this edition.

Source: Twelve Data 5-min bars via momentum_engine.py (15:55 ET final bar, close 764.02, market closed); WSJ market wrap, Oct 22, 2026 (S&P −1.2%, Nasdaq −2.6%); MarketBeat SPY snapshot (50-day); TrendEdge (200-day); CNBC live updates, Thu evening Oct 22, 2026 (overnight futures); TradingView News, Oct 23, 2026 00:08 UTC (U.S. futures little changed Friday after Thursday's rout); TipRanks overnight note, Oct 23, 2026 1:48 AM EDT (futures mixed); FXStreet, Oct 23, 2026 06:01 UTC (futures marginally lower; 10Y below 5%); Seeking Alpha, Oct 23, 2026 08:09 UTC (Friday futures mixed); Finnhub QQQ snapshot, Oct 23, 2026 07:09 ET (pre-market −0.01%); Reuters, Oct 23, 2026 06:09 AM ET (Wall Street futures dip after AI rout, telecoms slide: Dow E-minis −308 pts / −0.58%, S&P 500 E-minis −15.5 pts / −0.2%, Nasdaq 100 E-minis flat; telecoms −3%+ pre-market on SpaceX wireless report, Crown Castle +8.5%, American Tower +5.6%); Investopedia, Oct 23, 2026 (5 Things to Know Before the Stock Market Opens on Friday: Nasdaq futures −0.1%, S&P 500 futures −0.3%, Dow futures −0.7% recently; WTI $101.10, +1.6%; 10-year at 5.01% this morning); Finnhub QQQ snapshot, Oct 23, 2026 09:09 ET (pre-market −0.24%); AP, Oct 23, 2026 (early trading: S&P 500 −0.5%, Dow −547 pts / −1.0%, Nasdaq −0.4%, META −2.1%, Brent +1.8% to just above $115, 10Y edged up to 4.97%); Investor's Business Daily live coverage, Oct 23, 2026 (just after the open: Dow −1.1%, S&P 500 −0.5%, Nasdaq −0.3%, SPY −0.5%, WTI ~$101.70 +2%, 10Y 4.97% +2bp, T-Mobile −3.5%, Moderna −7%); Twelve Data quote, Oct 23, 2026 10:12 AM ET (SPY open 759.87 / high 761.32 / low 759.18 / last 760.25; QQQ +0.14%; HYG 76.89 −0.27%; UUP +0.09%); Twelve Data quote, Oct 23, 2026 11:10 AM ET (SPY open 759.87 / high 763.25 / low 758.68 / last 762.01; QQQ 707.11 +0.37%; HYG 76.94 −0.21%; UUP 28.935 +0.12%); momentum_engine.py current + replay, Oct 23, 2026 (11:10 AM ET bar); Twelve Data quote, Oct 23, 2026 12:10 PM ET (SPY open 759.87 / high 763.47 / low 758.68 / last 763.04; QQQ 707.62 +0.46%; HYG 76.96 −0.17%; UUP +0.12%; VIXY +1.64%); momentum_engine.py current + replay, Oct 23, 2026 (12:10 PM ET bar); NY Post, Oct 23, 2026 (midday wrap: Dow −702 pts / −1.3% by ~10:40 AM ET, S&P 500 −0.4%, Nasdaq roughly flat; Brent $116.24, WTI $102.40); Twelve Data quote, Oct 23, 2026 ~1:10 PM ET (SPY open 759.87 / high 763.47 / low 758.68 / last 760.57, −0.44% vs the quote endpoint's 763.96 previous_close; QQQ 705.53 +0.15%; HYG 76.945 −0.20%); momentum_engine.py current + replay, Oct 23, 2026 (1:10 PM ET bar, BEARISH MOMENTUM −7, price 760.42; REVERSAL WATCH — UP fired 12:40 PM, graded MISS); CAMS Midday Market Check, Oct 23, 2026 (11:48 AM ET snapshot: Dow −1.01%, Nasdaq +0.18%, S&P 500 −0.19%, Russell 2000 −0.30%); Twelve Data quote, Oct 23, 2026 ~2:12 PM ET (SPY last 760.62, open 759.87 / high 763.47 / low 758.68; QQQ 706.42 +0.33%; HYG 76.86 −0.31%); momentum_engine.py current + replay + session, Oct 23, 2026 (2:10 PM ET bar, BEARISH MOMENTUM −5, price 760.81); Reuters via Euronext Live, Oct 23, 2026 (afternoon read: Dow −476.25 pts / −0.9% to 52,391.73, S&P 500 −11.14 pts / −0.14% to 7,652.96, Nasdaq +52.51 pts / +0.21% to 26,062.75; semiconductor index +~1%; AXP −3.5%); Twelve Data closing quote, Oct 23, 2026 (SPY close 759.89, −0.53% vs its 763.96 previous_close; QQQ 704.31, −0.02%; HYG 77.05, −0.06%; UUP 28.95, +0.17%; AXP 313.14, −3.70%; META 642.26, −1.02%; SLB 53.06, +7.07% — conflicts with the intraday $43 prints, flagged); momentum_engine.py current + session, Oct 23, 2026 (15:55 ET final bar, BEARISH MOMENTUM −5, price 759.89; session complete, 78 bars); Reuters, Oct 26, 2026 (Global Markets Asia wrap: S&P 500 and Nasdaq futures both edged up 0.2%); CNBC live updates via Sunday-evening wraps, Oct 25, 2026 (S&P 500 futures +0.4%, Dow +128 pts, Nasdaq-100 +0.6% at the Sunday open); momentum_engine.py current re-run ~12:11 AM ET Mon, Oct 26, 2026 against the redrawn 758.68 / 762 levels (final bar 2026-10-23 15:55 ET, BEARISH MOMENTUM −5, price 759.85); momentum_engine.py current + session_report + replay re-run ~1:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); TipRanks, Oct 26, 2026 1:38 AM EDT (U.S. stock futures rise ahead of the Fed's rate decision: Nasdaq-100 +0.24%, S&P 500 +0.27%, Dow +0.31%); momentum_engine.py current + session_report + replay re-run ~2:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); momentum_engine.py current + session_report + replay re-run ~3:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); momentum_engine.py current + session_report + replay re-run ~4:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); FXStreet, Oct 26, 2026 08:46 UTC (Dow Jones futures +0.32% near 52,560, S&P 500 futures +0.14% near 7,670, Nasdaq-100 futures −0.13% near 29,080); Seeking Alpha, Oct 26, 2026 08:38 UTC (Dow futures +0.33%, S&P 500 futures +0.13%); Investor's Business Daily, Oct 26, 2026 (Dow futures +0.3%, S&P 500 futures +0.2%, Nasdaq-100 futures +0.1%; crude oil futures fell 2%; 10-year yield edged down to 4.97%); momentum_engine.py current + session_report + replay re-run ~5:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); Reuters, Oct 26, 2026 05:19 AM ET (US stock futures edge up as oil falls heading into earnings barrage: Dow E-minis +257 pts / +0.49%, S&P 500 E-minis +23.25 pts / +0.3%, Nasdaq 100 E-minis +73 pts / +0.25%; neoclouds CoreWeave and Nebius each ~−3% pre-market, IREN −2.6%, Applied Digital −1.5%; Saxo's Chanana on monetization/margins/cash flow); TipRanks, Oct 26, 2026 updated 5:31 AM EDT (Nasdaq-100 +0.25%, S&P 500 +0.31%, Dow +0.51%; Fed hold 90% per CNBC; Brent $114.34 −2.04%, WTI $100.75 −2.44% at writing); momentum_engine.py current + session_report + replay re-run ~6:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); Investopedia, Oct 26, 2026 (Stock Market Today, Monday live: Dow futures +0.4%, S&P 500 futures +0.2%, Nasdaq 100 futures +0.1% in recent trading; Fed hike this week priced at just 9% per CME FedWatch; MSFT/GOOGL Wed, AMZN Thu); momentum_engine.py current + session_report + replay re-run ~7:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); Investopedia, Oct 26, 2026 (Stock Market Today, Monday live — updated read: Dow futures +0.3%, S&P 500 futures +0.2%, Nasdaq 100 futures +0.2% in recent trading; Verizon shares rose 2% after its print; WTI ~$101.20, Brent ~$115; 10-year down 1bp to 4.99%; DXY near flat at 101.78); momentum_engine.py current + session_report + replay re-run ~8:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); Investopedia, Oct 26, 2026 (Stock Market Today live, less than an hour before the bell: Nasdaq 100 futures +0.5%, Dow futures +0.3%, S&P 500 futures +0.3%; 5 Things to Know pre-open read: Dow futures +0.4%, S&P 500 futures +0.3%, Nasdaq futures +0.5% recently; WTI down 2% at $101.10; 10-year little-changed at 5.01%; Fed hold priced at 90% per CME FedWatch); momentum_engine.py current + session_report + replay re-run ~9:11 AM ET Mon, Oct 26, 2026 (identical; session HTTP 400, no Monday bars); Investopedia, Oct 26, 2026 (Stock Market Today, Monday live — early trading: Nasdaq Composite, S&P 500 and Dow rose 0.5%, 0.5% and 0.4% respectively in recent trading; Meta shares fell 1% after filing to raise up to $95 billion in stock offerings); momentum_engine.py current + session + replay, Oct 26, 2026 (10:10 AM ET bar, BULLISH MOMENTUM +4, price 764.03; session open 762.26, gap +0.32%, range 761.68–764.47; replay of 2026-10-26: no fires); momentum_engine.py current + session + replay, Oct 26, 2026 (11:10 AM ET bar, BULLISH MOMENTUM +4, price 766.93; session high 767.73; replay of 2026-10-26: no fires); Twelve Data quote, Oct 26, 2026 ~11:12 AM ET (SPY last 767.16, high 767.73; QQQ +1.43%); Investopedia, Oct 26, 2026 (Stock Market Today live: Nasdaq, S&P 500 and Dow each +0.6% in recent trading; MAGS +1%; SOXX +1%); momentum_engine.py current + session + replay, Oct 26, 2026 (12:10 PM ET bar, NO MOMENTUM +2, price 765.21, VWAP 765.00, 14 EMA 765.88, RSI-14 47.9; session range unchanged 761.68–767.73; 11:30–12:00 bucket completed BEARISH −4; replay of 2026-10-26: no fires); Twelve Data quote, Oct 26, 2026 ~12:15 PM ET (SPY last 765.63, high 767.73, low 761.68; QQQ +1.21%; HYG 77.25 +0.26%; VIXY −2.51%; UUP +0.21%); Investopedia, Oct 26, 2026 (Stock Market Today live — recent trading: Nasdaq Composite +1.3%, S&P 500 +1.0%, Dow +0.5%; MAGS +1%; SOXX +1%); momentum_engine.py current + session + replay, Oct 26, 2026 (1:10 PM ET bar, BULLISH MOMENTUM +5, price 765.63, VWAP 765.03, 14 EMA 765.42, RSI-14 53.5; session range unchanged 761.68–767.73; 12:00 bucket completed MIXED +2, 12:30 completed MIXED 0, 13:00 in progress MIXED +5; replay of 2026-10-26: no fires; replay final-state same-bar print 765.67 flagged); Twelve Data quote, Oct 26, 2026 ~1:15 PM ET (SPY last 765.87, high 767.73, low 761.68; QQQ +1.34%; HYG 77.205 +0.20%; VIXY −2.40%; UUP +0.14%)

No change since the 5:10 AM edition — market closed overnight; final bars unchanged on this run's engine re-fetch at 06:10 ET Friday (close 764.02, VWAP 763.71, RSI 62.4 all identical). ✓ −1.17% Thursday close; S&P 500 −1.21% close corroborates · ✓ Floor held on closes Thursday (probe through 762, no close through) · ⚠ 200-day single-source (TrendEdge). Overnight futures UPGRADED from flagged to cross-checked this edition: CNBC's Thursday-evening live updates put Dow futures +52 pts (+0.1%), S&P 500 futures +0.06% and Nasdaq-100 futures −0.1% — matching the earlier low-tier ScanX/LiveSquawk read (S&P flat, Nasdaq −0.1%); a later TradingView/Stocktwits note (10:36 PM ET) had Nasdaq futures +0.18%, S&P flat, Dow −0.16%. Every read agrees: futures are essentially flat/mixed, stabilizing after the rout — not a new leg in either direction, not scored. 02:10 scan adds TradingView's Friday note (published 00:08 UTC) that U.S. futures were little changed after Thursday's rout (Nasdaq −2.6%, S&P 500 −1.21%, Dow +0.02%) — consistent with the cross-checked flat/mixed picture, not scored. 03:10 futures check: still mixed/flat — TipRanks (1:48 AM EDT Oct 23: Nasdaq-100 +0.05%, S&P 500 −0.11%, Dow −0.29%) and FXStreet (06:01 UTC: U.S. futures marginally lower) agree with the cross-checked flat/mixed picture; not scored. 04:10 futures check: still mixed/marginally lower — FXStreet (06:01 UTC: U.S. futures marginally lower) is consistent with the cross-checked flat/mixed picture; not scored. 05:10 futures check: still mixed — Seeking Alpha (published 08:09 UTC Fri: Dow futures −0.38%, S&P 500 futures −0.06%, Nasdaq futures +0.18%) agrees with the cross-checked flat/mixed picture; not scored. 06:10 futures check: still mixed — no newer major-source futures read found since Seeking Alpha (08:09 UTC Fri: Dow −0.38%, S&P 500 −0.06%, Nasdaq +0.18%); not scored. 07:10 futures check: still mixed — no newer major-source futures read found since Seeking Alpha (08:09 UTC Fri: Dow −0.38%, S&P 500 −0.06%, Nasdaq +0.18%); QQQ pre-market was essentially flat at 07:09 ET (Finnhub: −0.01% vs Thursday's close); not scored. 08:10 futures check: NEWER Reuters read at 06:09 AM ET (Dow −0.58%, S&P 500 −0.2%, Nasdaq 100 flat) supersedes the Seeking Alpha 08:09 UTC read as the latest futures print — futures ticked lower, still no new leg in either direction; not scored. 09:10 futures check: Investopedia's pre-open read (Nasdaq −0.1%, S&P 500 −0.3%, Dow −0.7%) and Finnhub's QQQ pre-market snapshot at 09:09 ET (−0.24%) agree futures are a touch lower this morning — consistent with the Reuters 06:09 ET tick lower; still no new leg, not scored. 10:10 update: Friday bars are fresh Twelve Data 5-min bars (engine current, 10:10 AM bar, price 760.38, fetched ~10:11 AM ET); the day range is cross-checked against the Twelve Data quote at 10:12 AM ET (open 759.87, high 761.32, low 759.18, last 760.25, −0.49%) and the AP / IBD early-trading wraps (S&P 500 −0.5% early, SPY −0.5% just after the open, Dow −1.0 to −1.1%, Nasdaq −0.3 to −0.4%). Minor conflict flagged: the Twelve Data quote endpoint carries previous_close 763.96 vs the 764.02 final-bars close used throughout — 0.06 apart; the bars remain the tape of record and the −0.48% change is computed off 764.02. Score change this edition: −1 → −2 (floor lost on closes). 11:10 update: Friday bars are fresh (engine current, 11:10 AM bar, price 762.01, fetched ~11:11 AM ET) and the day range is cross-checked against the Twelve Data quote at 11:10 AM ET (open 759.87, high 763.25, low 758.68, last 762.01). Replay note: replay on this run's bars reprices the 10:10 bar at 760.22 vs the 760.38 the 10:10 edition published from its current-mode run — a 0.16 bar revision, flagged in the data notes; the 10:10 edition's record stands as published. Score change this edition: −2 → −1 (floor break unconfirmed; VWAP and 14 EMA reclaimed; price closed the 11:10 bar on the floor). 12:10 update: Friday bars are fresh (engine current, 12:10 PM bar, price 763.04, fetched ~12:11 PM ET), cross-checked against the Twelve Data quote at 12:10 PM ET (open 759.87, high 763.47, low 758.68, last 763.04 — quote and engine agree exactly) and the NY Post midday wrap (S&P 500 −0.4%, Dow −1.3%, Nasdaq roughly flat at ~10:40 AM ET). Replay reprices the 11:40 AM bar at 762.19 vs the 762.14 the 11:45 edition published — a 0.05 bar revision, flagged in the data notes; the 11:45 edition's record stands as published. No score change. 13:10 update: Friday bars are fresh (engine current, 1:10 PM bar, price 760.42, fetched ~1:11 PM ET), cross-checked against the Twelve Data quote at ~1:10 PM ET (open 759.87, high 763.47, low 758.68, last 760.57) and CAMS' midday index reads (Dow −1.01%, S&P 500 −0.19% at 11:48 AM ET). BAR REVISION FLAGGED: replay on this run's bars reprices the 12:10 PM bar at 762.38 (NO MOMENTUM +1) vs the 763.04 (BULLISH MOMENTUM +4) the 12:10 edition published from its current-mode run — a 0.66 revision; the 12:10 edition's record stands as published and the revision is logged in the data notes. The 12:00–12:30 session bucket likewise completed BEARISH −4 vs the MIXED +2 live read published at 12:10. A REVERSAL WATCH — UP fired at 12:40 PM and is graded MISS by this run's replay (closed through the level at 1:05 PM, best travel +0.31% from the probe). Score change this edition: −1 → −2 (floor lost on closes again; the 11:10 edition's re-arm condition met). 14:10 update: Friday bars are fresh (engine current, 2:10 PM bar, price 760.81, fetched ~2:11 PM ET), cross-checked against the Twelve Data quote at ~2:12 PM ET (last 760.62; range unchanged 758.68–763.47) and Reuters' afternoon index read (S&P 500 −0.14%, Dow −0.9%, Nasdaq +0.21%). No score change. 15:10 update: Friday bars are fresh (engine current, 3:05 PM bar, price 760.73, fetched ~3:11 PM ET); no newer major-source afternoon index/oil read found since Reuters' 14:10 afternoon read — recorded, not filled in. Momentum state change BEARISH MOMENTUM (−5) → NO MOMENTUM (−3) is the material change this edition. No score change. 16:10 update: Friday's close is cross-checked — the engine's final 15:55 bar (759.89) matches the Twelve Data closing quote (close 759.89, open 759.87, high 763.47, low 758.68) exactly; the quote endpoint's −0.53% is computed off its 763.96 previous_close vs −0.54% off the bars' 764.02 — the standing 0.06 discrepancy flagged since 10:10. Momentum state change NO MOMENTUM (−3) → BEARISH MOMENTUM (−5) at the final bar is the tape's closing read and a material change this edition. Replay could not be re-run this run (Twelve Data HTTP 429 on both attempts) — recorded as a gap; the 12:40 PM fire's MISS grade stands from the 13:10 edition's replay and no new fire is claimed. No score change. 17:10 update: the final tape was REVISED post-close — engine re-run at ~17:11 ET on revised bars puts the final-bar close at 759.85 (vs 759.89 published at 16:10), session VWAP 761.47 (vs 760.72), session open 759.90 (vs 759.87); the backfill's independent check found Twelve Data's daily bar/closing quote/final bar agreeing at 759.85 and StockAnalysis listing 759.97 — cent-level spread flagged in the data notes; AP's close wrap cross-checks the index-level close (S&P 500 −0.5%). Momentum state unchanged (BEARISH MOMENTUM −5). No score change. 18:10 update: engine re-run at ~6:11 PM ET identical to the 17:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). CNBC closing wrap cross-checks the index closes (S&P 500 −0.52%, Dow −1.23%, Nasdaq −0.21%) against AP. No score change. 19:10 update: engine re-run at ~7:11 PM ET identical to the 17:10/18:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). No score change. 20:10 update: engine re-run at ~8:11 PM ET identical to the 17:10/18:10/19:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). 8:10 PM scan of Reuters/AP/CNBC/MarketWatch headlines found no post-close escalation or de-escalation, no new index-weight earnings, and no new macro print. No score change. 21:10 update: engine re-run at ~9:11 PM ET identical to the 17:10/18:10/19:10/20:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). 9:10 PM scan of Reuters/AP/CNBC/MarketWatch headlines found no post-close escalation or de-escalation, no new index-weight earnings, and no new macro print. No score change. 22:10 update: engine re-run at ~10:11 PM ET identical to the 17:10/18:10/19:10/20:10/21:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). 10:10 PM scan of Reuters/AP/CNBC/MarketWatch headlines found no post-close escalation or de-escalation, no new index-weight earnings, and no new macro print. No score change. 23:10 update: engine re-run at ~11:11 PM ET identical to the 17:10/18:10/19:10/20:10/21:10/22:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). 11:10 PM scan of Reuters/AP/CNBC/MarketWatch headlines found no new tape development and no new macro print. No score change. 12:10 AM update: futures are cross-checked in direction (Reuters Asia +0.2% / +0.2% later in the evening vs CNBC's +0.4% / +0.6% at the Sunday open — different timestamps, same mildly positive direction; neither is scored). The engine re-fetch reproduces Friday's close (759.85) and state (BEARISH MOMENTUM −5) exactly, but reprices Friday's session VWAP at 761.18 vs the 761.47 published in Friday's post-close editions — a provider bar revision, flagged in the data notes; price, state and score are unchanged by it. Flip levels MOVED this edition (770 / 762 → 762 / 758.68) — a material change. No score change. 1:10 AM update: engine current re-run at ~1:11 AM ET identical to the 12:10 AM run on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). No newer major-source futures read found at 1:10 AM. No score change. 2:10 AM update: engine current re-run at ~2:11 AM ET identical to the 12:10/1:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures are now cross-checked at a NEWER timestamp: TipRanks 1:38 AM EDT (Nasdaq-100 +0.24%, S&P 500 +0.27%, Dow +0.31%) agrees in direction with Reuters Asia (+0.2% / +0.2%) and CNBC's Sunday open (+0.4% / +0.6%); not scored. No score change. 3:10 AM update: engine current re-run at ~3:11 AM ET identical to the 12:10/1:10/2:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). No newer major-source futures read found at 3:10 AM — TipRanks 1:38 AM EDT remains the latest futures print. No score change. 4:10 AM update: engine current re-run at ~4:11 AM ET identical to the 12:10/1:10/2:10/3:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). No newer major-source futures read found at 4:10 AM — TipRanks 1:38 AM EDT remains the latest futures print. No score change. 5:10 AM update: engine current re-run at ~5:11 AM ET identical to the 12:10/1:10/2:10/3:10/4:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures are now cross-checked MIXED at newer timestamps: FXStreet European-hours (08:46 UTC: Dow +0.32%, S&P +0.14%, Nasdaq-100 −0.13%), Seeking Alpha (08:38 UTC: Dow +0.33%, S&P +0.13%) and IBD (Dow +0.3%, S&P +0.2%, Nasdaq-100 +0.1%) — flat-to-slightly-positive, Nasdaq softest; supersedes TipRanks 1:38 AM EDT as the latest futures picture; not scored. No score change. 6:10 AM update: engine current re-run at ~6:11 AM ET identical to the 12:10–5:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures are now cross-checked UNIFORMLY POSITIVE at newer timestamps: Reuters 05:19 AM ET (Dow +0.49%, S&P 500 +0.3%, Nasdaq 100 +0.25%) and TipRanks 5:31 AM EDT (Dow +0.51%, S&P 500 +0.31%, Nasdaq-100 +0.25%) — firmer than the 5:10 mixed reads; supersedes them as the latest futures picture; not scored. No score change. 7:10 AM update: engine current re-run at ~7:11 AM ET identical to the 12:10–6:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures cross-checked POSITIVE at a newer timestamp: Investopedia Monday live (Dow +0.4%, S&P 500 +0.2%, Nasdaq 100 +0.1% in recent trading) — a touch softer than Reuters 05:19 AM ET (+0.49% / +0.3% / +0.25%), same direction; not scored. No score change. 8:10 AM update: engine current re-run at ~8:11 AM ET identical to the 12:10–7:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures cross-checked POSITIVE at a newer timestamp: Investopedia's updated Monday live read (Dow +0.3%, S&P 500 +0.2%, Nasdaq 100 +0.2% in recent trading) agrees in direction with its own 7:10 AM read and Reuters 05:19 AM ET; not scored. No score change. 9:10 AM update: engine current re-run at ~9:11 AM ET identical to the 12:10–8:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures cross-checked POSITIVE at a newer timestamp and firmer: Investopedia Stock Market Today live (Nasdaq 100 +0.5%, Dow +0.3%, S&P 500 +0.3%, less than an hour before the bell) and its 5 Things read (Dow +0.4%, S&P +0.3%, Nasdaq +0.5% recently) agree; not scored. No score change. 10:10 AM update: Monday bars are fresh verified Twelve Data 5-min bars (engine current, 10:10 AM bar, price 764.03, fetched ~10:16 AM ET); the gap and range are from the engine's session output (open 762.26, high 764.47, low 761.68, gap +0.32% vs the 759.85 prior close) and the index move is cross-checked by Investopedia's early-trading read (S&P 500 +0.5%, Nasdaq +0.5%, Dow +0.4%). BAR-REVISION NOTE: the tape layer's 10:07 AM tape.json printed the then-in-progress 10:05 bar at 763.17; completed-bar engine fetches put that bar at 763.49 (~10:11 AM run) and the 10:10 bar at 764.03 — and the page's baked TAPE card (tape layer, 10:10 bar) printed price 764.14 vs this edition's engine fetch 764.03, a 0.11 same-bar revision spread; state (BULLISH MOMENTUM +4), as-of and score agree across all prints, and the edition's engine fetch is the archive record. Momentum state change BEARISH MOMENTUM (−5) → BULLISH MOMENTUM (+4) is a material change this edition. Score change this edition: −2 → −1 (reclaim in progress; closes above 762 all morning, VWAP/14 EMA reclaimed; still below the daily 50-day). 11:10 update: Friday bars are fresh (engine current, 11:10 AM bar, price 762.01, fetched ~11:11 AM ET) and the day range is cross-checked against the Twelve Data quote at 11:10 AM ET (open 759.87, high 763.25, low 758.68, last 762.01). Replay note: replay on this run's bars reprices the 10:10 bar at 760.22 vs the 760.38 the 10:10 edition published from its current-mode run — a 0.16 bar revision, flagged in the data notes; the 10:10 edition's record stands as published. Score change this edition: −2 → −1 (floor break unconfirmed; VWAP and 14 EMA reclaimed; price closed the 11:10 bar on the floor). 12:10 update: Friday bars are fresh (engine current, 12:10 PM bar, price 763.04, fetched ~12:11 PM ET), cross-checked against the Twelve Data quote at 12:10 PM ET (open 759.87, high 763.47, low 758.68, last 763.04 — quote and engine agree exactly) and the NY Post midday wrap (S&P 500 −0.4%, Dow −1.3%, Nasdaq roughly flat at ~10:40 AM ET). Replay reprices the 11:40 AM bar at 762.19 vs the 762.14 the 11:45 edition published — a 0.05 bar revision, flagged in the data notes; the 11:45 edition's record stands as published. No score change. 13:10 update: Friday bars are fresh (engine current, 1:10 PM bar, price 760.42, fetched ~1:11 PM ET), cross-checked against the Twelve Data quote at ~1:10 PM ET (open 759.87, high 763.47, low 758.68, last 760.57) and CAMS' midday index reads (Dow −1.01%, S&P 500 −0.19% at 11:48 AM ET). BAR REVISION FLAGGED: replay on this run's bars reprices the 12:10 PM bar at 762.38 (NO MOMENTUM +1) vs the 763.04 (BULLISH MOMENTUM +4) the 12:10 edition published from its current-mode run — a 0.66 revision; the 12:10 edition's record stands as published and the revision is logged in the data notes. The 12:00–12:30 session bucket likewise completed BEARISH −4 vs the MIXED +2 live read published at 12:10. A REVERSAL WATCH — UP fired at 12:40 PM and is graded MISS by this run's replay (closed through the level at 1:05 PM, best travel +0.31% from the probe). Score change this edition: −1 → −2 (floor lost on closes again; the 11:10 edition's re-arm condition met). 14:10 update: Friday bars are fresh (engine current, 2:10 PM bar, price 760.81, fetched ~2:11 PM ET), cross-checked against the Twelve Data quote at ~2:12 PM ET (last 760.62; range unchanged 758.68–763.47) and Reuters' afternoon index read (S&P 500 −0.14%, Dow −0.9%, Nasdaq +0.21%). No score change. 15:10 update: Friday bars are fresh (engine current, 3:05 PM bar, price 760.73, fetched ~3:11 PM ET); no newer major-source afternoon index/oil read found since Reuters' 14:10 afternoon read — recorded, not filled in. Momentum state change BEARISH MOMENTUM (−5) → NO MOMENTUM (−3) is the material change this edition. No score change. 16:10 update: Friday's close is cross-checked — the engine's final 15:55 bar (759.89) matches the Twelve Data closing quote (close 759.89, open 759.87, high 763.47, low 758.68) exactly; the quote endpoint's −0.53% is computed off its 763.96 previous_close vs −0.54% off the bars' 764.02 — the standing 0.06 discrepancy flagged since 10:10. Momentum state change NO MOMENTUM (−3) → BEARISH MOMENTUM (−5) at the final bar is the tape's closing read and a material change this edition. Replay could not be re-run this run (Twelve Data HTTP 429 on both attempts) — recorded as a gap; the 12:40 PM fire's MISS grade stands from the 13:10 edition's replay and no new fire is claimed. No score change. 17:10 update: the final tape was REVISED post-close — engine re-run at ~17:11 ET on revised bars puts the final-bar close at 759.85 (vs 759.89 published at 16:10), session VWAP 761.47 (vs 760.72), session open 759.90 (vs 759.87); the backfill's independent check found Twelve Data's daily bar/closing quote/final bar agreeing at 759.85 and StockAnalysis listing 759.97 — cent-level spread flagged in the data notes; AP's close wrap cross-checks the index-level close (S&P 500 −0.5%). Momentum state unchanged (BEARISH MOMENTUM −5). No score change. 18:10 update: engine re-run at ~6:11 PM ET identical to the 17:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). CNBC closing wrap cross-checks the index closes (S&P 500 −0.52%, Dow −1.23%, Nasdaq −0.21%) against AP. No score change. 19:10 update: engine re-run at ~7:11 PM ET identical to the 17:10/18:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). No score change. 20:10 update: engine re-run at ~8:11 PM ET identical to the 17:10/18:10/19:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). 8:10 PM scan of Reuters/AP/CNBC/MarketWatch headlines found no post-close escalation or de-escalation, no new index-weight earnings, and no new macro print. No score change. 21:10 update: engine re-run at ~9:11 PM ET identical to the 17:10/18:10/19:10/20:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). 9:10 PM scan of Reuters/AP/CNBC/MarketWatch headlines found no post-close escalation or de-escalation, no new index-weight earnings, and no new macro print. No score change. 22:10 update: engine re-run at ~10:11 PM ET identical to the 17:10/18:10/19:10/20:10/21:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). 10:10 PM scan of Reuters/AP/CNBC/MarketWatch headlines found no post-close escalation or de-escalation, no new index-weight earnings, and no new macro print. No score change. 23:10 update: engine re-run at ~11:11 PM ET identical to the 17:10/18:10/19:10/20:10/21:10/22:10 revised final tape (final bar 759.85, VWAP 761.47, BEARISH MOMENTUM −5; replay: one fire, 12:40 PM, MISS unchanged). 11:10 PM scan of Reuters/AP/CNBC/MarketWatch headlines found no new tape development and no new macro print. No score change. 12:10 AM update: futures are cross-checked in direction (Reuters Asia +0.2% / +0.2% later in the evening vs CNBC's +0.4% / +0.6% at the Sunday open — different timestamps, same mildly positive direction; neither is scored). The engine re-fetch reproduces Friday's close (759.85) and state (BEARISH MOMENTUM −5) exactly, but reprices Friday's session VWAP at 761.18 vs the 761.47 published in Friday's post-close editions — a provider bar revision, flagged in the data notes; price, state and score are unchanged by it. Flip levels MOVED this edition (770 / 762 → 762 / 758.68) — a material change. No score change. 1:10 AM update: engine current re-run at ~1:11 AM ET identical to the 12:10 AM run on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). No newer major-source futures read found at 1:10 AM. No score change. 2:10 AM update: engine current re-run at ~2:11 AM ET identical to the 12:10/1:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures are now cross-checked at a NEWER timestamp: TipRanks 1:38 AM EDT (Nasdaq-100 +0.24%, S&P 500 +0.27%, Dow +0.31%) agrees in direction with Reuters Asia (+0.2% / +0.2%) and CNBC's Sunday open (+0.4% / +0.6%); not scored. No score change. 3:10 AM update: engine current re-run at ~3:11 AM ET identical to the 12:10/1:10/2:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). No newer major-source futures read found at 3:10 AM — TipRanks 1:38 AM EDT remains the latest futures print. No score change. 4:10 AM update: engine current re-run at ~4:11 AM ET identical to the 12:10/1:10/2:10/3:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). No newer major-source futures read found at 4:10 AM — TipRanks 1:38 AM EDT remains the latest futures print. No score change. 5:10 AM update: engine current re-run at ~5:11 AM ET identical to the 12:10/1:10/2:10/3:10/4:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures are now cross-checked MIXED at newer timestamps: FXStreet European-hours (08:46 UTC: Dow +0.32%, S&P +0.14%, Nasdaq-100 −0.13%), Seeking Alpha (08:38 UTC: Dow +0.33%, S&P +0.13%) and IBD (Dow +0.3%, S&P +0.2%, Nasdaq-100 +0.1%) — flat-to-slightly-positive, Nasdaq softest; supersedes TipRanks 1:38 AM EDT as the latest futures picture; not scored. No score change. 6:10 AM update: engine current re-run at ~6:11 AM ET identical to the 12:10–5:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures are now cross-checked UNIFORMLY POSITIVE at newer timestamps: Reuters 05:19 AM ET (Dow +0.49%, S&P 500 +0.3%, Nasdaq 100 +0.25%) and TipRanks 5:31 AM EDT (Dow +0.51%, S&P 500 +0.31%, Nasdaq-100 +0.25%) — firmer than the 5:10 mixed reads; supersedes them as the latest futures picture; not scored. No score change. 7:10 AM update: engine current re-run at ~7:11 AM ET identical to the 12:10–6:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures cross-checked POSITIVE at a newer timestamp: Investopedia Monday live (Dow +0.4%, S&P 500 +0.2%, Nasdaq 100 +0.1% in recent trading) — a touch softer than Reuters 05:19 AM ET (+0.49% / +0.3% / +0.25%), same direction; not scored. No score change. 8:10 AM update: engine current re-run at ~8:11 AM ET identical to the 12:10–7:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures cross-checked POSITIVE at a newer timestamp: Investopedia's updated Monday live read (Dow +0.3%, S&P 500 +0.2%, Nasdaq 100 +0.2% in recent trading) agrees in direction with its own 7:10 AM read and Reuters 05:19 AM ET; not scored. No score change. 9:10 AM update: engine current re-run at ~9:11 AM ET identical to the 12:10–8:10 AM runs on the redrawn levels (final bar 759.85, VWAP 761.18, BEARISH MOMENTUM −5); Monday session fetch HTTP 400 (not started), session object reproduced identically by the engine's session_report no-bars branch (STALE / NO CALL); replay of 2026-10-26 returns no fires (no bars). Futures cross-checked POSITIVE at a newer timestamp and firmer: Investopedia Stock Market Today live (Nasdaq 100 +0.5%, Dow +0.3%, S&P 500 +0.3%, less than an hour before the bell) and its 5 Things read (Dow +0.4%, S&P +0.3%, Nasdaq +0.5% recently) agree; not scored. No score change. 10:10 AM update: Monday bars are fresh verified Twelve Data 5-min bars (engine current, 10:10 AM bar, price 764.03, fetched ~10:16 AM ET); the gap and range are from the engine's session output (open 762.26, high 764.47, low 761.68, gap +0.32% vs the 759.85 prior close) and the index move is cross-checked by Investopedia's early-trading read (S&P 500 +0.5%, Nasdaq +0.5%, Dow +0.4%). BAR-REVISION NOTE: the tape layer's 10:07 AM tape.json printed the then-in-progress 10:05 bar at 763.17; completed-bar engine fetches put that bar at 763.49 (~10:11 AM run) and the 10:10 bar at 764.03 — and the page's baked TAPE card (tape layer, 10:10 bar) printed price 764.14 vs this edition's engine fetch 764.03, a 0.11 same-bar revision spread; state (BULLISH MOMENTUM +4), as-of and score agree across all prints, and the edition's engine fetch is the archive record. Momentum state change BEARISH MOMENTUM (−5) → BULLISH MOMENTUM (+4) is a material change this edition. Score change this edition: −2 → −1 (reclaim in progress; closes above 762 all morning, VWAP/14 EMA reclaimed; still below the daily 50-day). 11:10 update: Monday bars are fresh verified Twelve Data 5-min bars (engine current, 11:10 AM bar, price 766.93, fetched ~11:13 AM ET); the session range (761.68–767.73) is cross-checked against the Twelve Data quote at ~11:12 AM ET (open 762.27, high 767.73, low 761.68, last 767.16 — the quote's last print is the in-progress bar, the engine's completed-bar close is the edition price; a same-bar revision spread of the kind flagged at 10:10). The index move is cross-checked by Investopedia's Monday live read (Nasdaq, S&P 500 and Dow each +0.6% in recent trading) and the Twelve Data QQQ quote (+1.43%). Momentum state unchanged (BULLISH MOMENTUM +4) — no state change this edition. Score change this edition: −1 → 0 (reclaim complete intraday; daily 50-day still overhead; daily close above 762 still required for confirmation). 12:10 PM update: Monday bars are fresh verified Twelve Data 5-min bars (engine current + session + replay, 12:10 PM bar, price 765.21, fetched ~12:2x PM ET); current and session engine outputs agree on the bar (price 765.21, VWAP 765.00). BAR-REVISION NOTE: this run's earlier replay pass printed the same 12:10 bar at 765.62 and tape.json's 12:05 bar at 765.58 — the edition's final engine fetch (765.21, both modes agreeing) is the archive record and the spread is flagged in the data notes. Index levels cross-checked by Investopedia's recent-trading read (Nasdaq +1.3%, S&P 500 +1.0%, Dow +0.5%) and the Twelve Data SPY quote (last 765.63 at ~12:15 PM ET, range unchanged 761.68–767.73; the quote endpoint's +0.74% is computed off its 759.97 previous_close vs +0.71% off the bars' 759.85 — the standing cent-level discrepancy). Momentum state change BULLISH MOMENTUM (+4) → NO MOMENTUM (+2) is a material change this edition. No score change. 1:10 PM update: Monday bars are fresh verified Twelve Data 5-min bars (engine current + session + replay on the COMPLETED 1:10 PM bar, fetched after the bar completed); all three modes agree exactly on the bar (price 766.21, VWAP 765.04, RSI-14 59.1). BAR-COMPLETION NOTE: the bar's first in-progress print (765.63, fetched at ~1:12 PM ET while the bar was still forming) is superseded by the completed bar (766.21) — the completed bar is the archive record, flagged here and in the data notes. Momentum state change NO MOMENTUM (+2) → BULLISH MOMENTUM (+5) is a material change this edition. Session buckets completed since midday: 12:00 MIXED +2 (its in-progress −4 read at 12:10 PM completed at +2 on the full bucket — a completion revision, flagged here) and 12:30 MIXED 0; the 13:00 bucket is in progress at MIXED +6 (deadband label). No score change.

Final after-hours update — WDC's slide deepened into the extended-hours close: StockAnalysis put the final after-hours print at $331.19, −6.49% as of 7:59 PM ET (single-source late print), below the $335–$337 evening band (a later Investing.com snapshot via ABC Money put it at $337.01, −4.85%) — the beat was sold all evening, and the earnings call added a capex flag: CNBC reported WDC fell ~6% in early after-hours trading after management flagged higher capital spending (4–6% of sales for five years, higher in the first two) and rising input costs, despite strong internals (revenue $4.38B vs ~$4.14B consensus, adj. EPS $4.64 vs $4.11, Q2 guide $5.0–5.2B / $5.60–6.00 well above consensus, adj. gross margin 58.1% vs 54.4% last quarter, dividend +17%, $1.0B buyback) and after closing −6.43% at 354.19. Evening snapshots of the same slide: Barron's −4.4% to $338.66, MarketBeat $335.28 (−5.34% extended at 7:07 PM ET), Morningstar/Dow Jones (7:12 PM ET) −5% to $336.50 — even a clean beat is being sold in this tape, which keeps WDC from offsetting the day. The day's index-weight internals story is unchanged: META closed −6.98% (648.85) on its $34.9B Q3 capex / −$2.1B FCF deficit / ~$825B commitments / new nonvoting share class despite the +26% revenue beat; TSLA closed −3.08% (374.58) on weak internals (net income −43%, operating income −56%, capex guide cut to ~$20B). Chips were the epicenter (chip index −6.7%; INTC −8.04% in-session — INTC reports Oct 29, not tonight). PG (this morning) beat on core EPS ($2.00 vs $1.89) with organic sales +4% and closed +5.58%, though gross margin fell ~150bp. Other after-hours movers tonight — Deckers −7% on a cut outlook, Sallie Mae −5%, Bloom Energy −5% (Morningstar/Dow Jones) — are not index-weight names. The +29.0% blended Q3 backdrop (FactSet) caps this at −1. Friday pre-market update (07:10): AXP HAS printed — adj. EPS $4.68 vs consensus ~$4.47–$4.58, revenue $20.1B (+9%, in line with the ~$20.12B consensus), billed business +8% to $454B, credit-loss provisions fell to $1.0B from $1.3B a year ago (management cited 'excellent credit quality'), and AXP RAISED its 2026 profit forecast to $18.30–$18.60 from $17.30–$17.90 (Reuters, Oct 23, 2026) — clean positive internals from a financial bellwether; Reuters had shares last +0.8% pre-market, while a Finnhub pre-market snapshot at 07:09 ET showed −1.54% — conflicting reaction reads, flagged in the data notes; the reaction is not scored, the internals are. AXP is not a mega-cap tech index weight, so — exactly as PG's +5.58% beat on Thursday did not move this factor — AXP's beat does not offset the META/TSLA/WDC internals story; earnings stays −1. SLB has still not printed in the 07:10 major-source scan (its release was scheduled for 7:00 AM ET; previews only, consensus ~$0.61–$0.62 EPS on ~$9.27B revenue). Friday pre-market update (08:10): SLB HAS now printed — Reuters: adjusted EPS $0.64 vs the $0.62 IBES estimate, revenue $9.449B vs the $9.28B IBES estimate (+5.8% YoY). The company's own release (Business Wire) confirms revenue $9,449M, GAAP EPS $0.49 (vs $0.50 a year ago), adjusted EPS $0.64 (vs $0.69 a year ago, −7% YoY), adjusted EBITDA $2,067M with margin 21.9% (down 121bp YoY), North America revenue $2,401M (+24% YoY) and international revenue $6,993M (+1% YoY); Reuters adds Middle East & Asia revenue fell to $2.81B from $3.0B a year earlier on Iran-war weakness. StockStory's read of the release puts free-cash-flow margin at 10.8%, down from 12.3% a year ago, with operating margin 16.7% flat YoY. Barron's had SLB shares +0.3% pre-market. Internals are mixed-positive (a beat with thinner YoY margins and a soft Middle East), and SLB is an oilfield-services name, not a mega-cap tech index weight — exactly as AXP's and PG's beats did not move this factor, SLB's print does not offset the META/TSLA/WDC internals story; earnings stays −1. Friday pre-market update (09:10): the AXP reaction conflict deepened rather than resolved — Finnhub's 09:05 ET snapshot put AXP pre-market at $317.36, −2.40% vs the $325.17 close, while Reuters had shares last +0.8% pre-market and a secondary read (CoinCentral) had it near $326, up about 1%. Both sides are recorded; the reaction remains unscored and the internals (the actual score input) are unchanged. No new index-weight earnings verified at 09:10; earnings stays −1. Friday first-hour update (10:10): no new index-weight print this morning. Early-trading color is consistent with the scored story — AP had META down another 2.1% in early trading and IBD listed WDC among the morning's earnings decliners — reactions, not new internals, and not scored. AXP and SLB already printed pre-market (above). The next index-weight test is INTC on Oct 29. Earnings stays −1. Friday late-morning update (11:10): the AXP reaction conflict is resolved by the session itself — AXP trades at $313.98, −3.44% at 11:10 AM ET (Twelve Data): the raised-guide beat is being SOLD in the regular session, the same pattern as WDC this week (reactions are not scored; the internals stand as printed). META has recovered most of its early drop (−0.54% at $645.35, Twelve Data, vs AP's −2.1% early read). No new index-weight internals this hour; SLB's session reaction could not be refreshed (Twelve Data returned HTTP 429 on the retry — recorded as a gap). Earnings stays −1. Friday midday update (12:10): no new index-weight print this hour. The morning's prints are trading mixed: SLB is +0.72% at $43.47 (Twelve Data, 12:10 PM ET) — its session reaction is now verified, resolving the 11:10 gap — while AXP is still being sold (−3.28% at $314.50) and META is −0.35% at $646.60. Reactions are not scored; the internals stand as printed. Earnings stays −1. Friday early-afternoon update (13:10): no new index-weight print this hour. CAMS' Midday Market Check (snapshot 11:48 AM ET) confirms the morning pattern — AXP fell 3.64% despite record quarterly revenue of $20.1B and a raised outlook: the raised-guide beat is still being sold. CONFLICT FLAGGED on SLB's reaction: CAMS put SLB shares up 6.58% at midday, while the Twelve Data quote at 12:10 PM ET had SLB at $43.47, +0.72% — the two cannot both describe the same session price; both are recorded, neither is asserted, and SLB's quote could not be refreshed this run (Twelve Data returned HTTP 429 on the first quote attempt). Reactions are not scored in any case; the internals stand as printed. The next index-weight test is INTC on Oct 29. Earnings stays −1. Friday mid-afternoon update (14:10): no new index-weight print this hour. The morning's reporters are trading softer into the afternoon: AXP is −2.85% at $315.97 (Twelve Data, ~2:12 PM ET) — off its late-morning low but still sold on the raised-guide beat — and META has flipped green (+0.16% at $649.89). SLB's reaction conflict is now RESOLVED against the CAMS midday read: SLB trades at $43.07, −0.27% (Twelve Data, ~2:12 PM ET) — in the neighborhood of the Twelve Data +0.72% midday print and nowhere near CAMS' +6.58%; the CAMS figure is recorded as not matching the session tape. Reuters' afternoon wrap likewise has AXP down 3.5% on its results. Reactions are not scored; the internals stand as printed. The next index-weight test is INTC on Oct 29. Earnings stays −1. Friday final-hour update (15:10): no new verified input this hour; the factor's scored inputs stand as last verified. Score unchanged. Friday close update (16:10): the morning's reporters closed as scored. AXP closed at $313.14, −3.70% (Twelve Data close) — the raised-guide beat was sold through the close, consistent with Reuters' afternoon −3.5% read. META closed at $642.26, −1.02%, giving back its midday green. SLB's close is CONFLICT-FLAGGED (see the correction in the data notes): the Twelve Data closing quote reads $53.06, +7.07% (open $49.90, previous close $49.55), which cannot be reconciled with the same provider's intraday prints used at 12:10–14:10 ($43.47 +0.72%; $43.07 −0.27%) and instead matches CAMS' +6.58% midday direction and rough magnitude. Both series are recorded; neither is asserted. Reactions are not scored in any case — the internals stand as printed, and earnings stays −1. The next index-weight test is INTC on Oct 29. Friday post-close update (17:10): AP's close wrap cross-checks the morning reporters at the close — AXP slumped 3.7% despite its beat (and announced its first major job cuts in roughly a decade), matching the Twelve Data −3.70% close. AP also frames next week's index-weight test: Alphabet, Microsoft and Amazon report next week, alongside INTC on Oct 29. No new internals this hour; earnings stays −1. Friday evening update (18:10): no new index-weight print after hours in the major-source scan. CNBC's closing wrap corroborates the AXP leg (shares fell more than 3% after the company announced it was cutting about 5% of its global workforce, citing the need to 'prepare for AI') — consistent with AP's close-wrap note of AXP's first major job cuts in roughly a decade. Reactions are not scored; the internals stand as printed. Earnings stays −1; the next index-weight tests are INTC on Oct 29 and Alphabet / Microsoft / Amazon next week. Friday late-evening update (19:10): no new index-weight print after hours in the major-source scan; the week closes with earnings at −1. The next index-weight tests are INTC on Oct 29 and Alphabet / Microsoft / Amazon next week. Friday night update (20:10): no new index-weight print after hours in the major-source scan; the week closes with earnings at −1. The next index-weight tests are INTC on Oct 29 and Alphabet / Microsoft / Amazon next week. Friday late-night update (21:10): no new index-weight print after hours in the major-source scan; the week closes with earnings at −1. The next index-weight tests are INTC on Oct 29 and Alphabet / Microsoft / Amazon next week. Friday late-night update (22:10): no new index-weight print after hours in the major-source scan; the week closes with earnings at −1. The next index-weight tests are INTC on Oct 29 and Alphabet / Microsoft / Amazon next week. Friday late-night update (23:10): no new index-weight print after hours in the major-source scan; the week closes with earnings at −1. The next index-weight tests are INTC on Oct 29 and Alphabet / Microsoft / Amazon next week. Monday pre-open update (12:10 AM): no new index-weight print over the weekend. FactSet's Oct 23 Earnings Insight — new since the Oct 16 backdrop (+29.0%) carried in earlier editions — puts Q3 blended earnings growth at +29.5% (vs +29.2% at quarter-end), with 24% of the S&P 500 reported, 83% beating EPS estimates, blended revenue growth +12.7%, and 179 S&P 500 companies scheduled to report this week. The week's index-weight tests are now dated and cross-checked across Reuters, Barron's and TipRanks calendars: Verizon before Monday's open (not yet printed at 12:10 AM ET), Microsoft and Alphabet on Wed Oct 28 after the close, Amazon and Intel on Thu Oct 29 after the close. Reuters carries consensus of MSFT revenue $90.6B / adj. EPS $4.73, AMZN revenue $202B / EPS ~$1.97 and GOOGL revenue $128B / EPS $3.00; other calendars print slightly higher figures (recorded as a range in the archive) — previews, not prints, and not scored. The scored internals story (META / TSLA / WDC beats sold on capex and cash-flow internals) is unchanged, and the strong-season cap still applies. Earnings stays −1. Monday pre-open update (1:10 AM): no new index-weight print since the 12:10 AM edition. Verizon reports before Monday's open (its release is timed for the morning; it had not printed at 1:10 AM ET in the major-source scan) — a telecom name, not a mega-cap tech weight, so its print alone would not offset the META / TSLA / WDC internals story under the standing treatment. The week's dated index-weight tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close. The FactSet Oct 23 backdrop (+29.5% blended, 83% EPS beats) and the strong-season cap stand. Earnings stays −1. Monday pre-open update (2:10 AM): no new index-weight print since the 1:10 AM edition. Verizon's Q3 release and 8:30 AM ET call are still ahead (previews put consensus near $1.27 adj. EPS on ~$34.77B revenue) — it had not printed at 2:10 AM ET, and as a telecom name it would not offset the META / TSLA / WDC internals story in any case. The week's dated index-weight tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close. The FactSet Oct 23 backdrop (+29.5% blended, 83% EPS beats) and the strong-season cap stand. Earnings stays −1. Monday pre-open update (3:10 AM): no new index-weight print since the 2:10 AM edition. Verizon's Q3 release and 8:30 AM ET call are still ahead — it had not printed at 3:10 AM ET, and as a telecom name it would not offset the META / TSLA / WDC internals story in any case. The week's dated index-weight tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close. The FactSet Oct 23 backdrop (+29.5% blended, 83% EPS beats) and the strong-season cap stand. Earnings stays −1. Monday pre-open update (4:10 AM): no new index-weight print since the 3:10 AM edition. Verizon's Q3 release is still ahead — its materials are scheduled from 7:00 AM ET with the call at 8:30 AM ET, so it had not printed at 4:10 AM ET, and as a telecom name it would not offset the META / TSLA / WDC internals story in any case. The week's dated index-weight tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close. The FactSet Oct 23 backdrop (+29.5% blended, 83% EPS beats) and the strong-season cap stand. Earnings stays −1. Monday pre-open update (5:10 AM): no new index-weight print since the 4:10 AM edition. Verizon's Q3 release is still ahead — its materials are scheduled from 7:00 AM ET with the call at 8:30 AM ET, so it had not printed at 5:10 AM ET, and as a telecom name it would not offset the META / TSLA / WDC internals story in any case. Monday's other reporters (Cadence, Nucor and others after the close, per TheStreet Pro's calendar) are not mega-cap index weights. The week's dated index-weight tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close. The FactSet Oct 23 backdrop (+29.5% blended, 83% EPS beats) and the strong-season cap stand. Earnings stays −1. Monday pre-open update (6:10 AM): no new index-weight print since the 5:10 AM edition. Reuters' Monday pre-open piece frames the week — about one-third of S&P 500 companies report this week, including Alphabet, Microsoft and Amazon — and quotes Saxo's Charu Chanana: 'Strong AI demand alone may no longer be enough. Markets want evidence of monetization, margins and cash flow' — exactly the internals test this factor scores. Reuters also noted neocloud names down ~3% pre-market (CoreWeave, Nebius), IREN −2.6% and Applied Digital −1.5% — the AI trade's stumble continuing in smaller names, not an index-weight print. Verizon's materials are still ahead (from 7:00 AM ET, call 8:30 AM ET). The week's dated tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close. Earnings stays −1. Monday pre-open update (7:10 AM): Verizon's materials window (from 7:00 AM ET) has opened but NO verified Verizon print was found in the 7:10 AM major-source scan — MarketBeat's earnings table still carries reported EPS/revenue as N/A against the $1.27 / $34.77B consensus, and no Reuters/AP/CNBC wrap of the print was found. Finnhub showed VZ pre-market +1.91% at 07:08 ET — a single-source price tick, not an internals print, and not scored. The 8:30 AM ET call is still ahead. The week's dated tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close. Earnings stays −1. Monday pre-open update (8:10 AM): VERIZON HAS PRINTED, and the internals are positive. Cross-checked across the release coverage and Barron's (FactSet consensus): adjusted EPS $1.31 vs $1.27 expected (+8.3% YoY; GAAP EPS $1.25 vs $1.17), revenue $34.3B vs ~$34.8B expected — a slight revenue miss — but adjusted EBITDA hit a quarterly record $13.8B (+8.0%, above the ~$13.7B estimate) with the margin expanding to 40.2% from 37.8%, postpaid phone net adds of 406,000 were more than double the ~195–209K expected, free cash flow rose 12.1% to $7.8B, capex of $3.72B came in under the ~$4.03B estimate, and full-year guidance was RAISED for a third straight quarter (adjusted EPS $5.04–$5.06, up from $4.99–$5.04; FCF growth outlook to ~12%). The company also signed a $2B+ AWS AI-infrastructure deal. Reaction reads differ by timestamp and are flagged, not resolved: Investopedia's latest live read says the shares rose 2% after the print, while Barron's write-up carried the shares flat at $44.67 ahead of the bell. Scored on internals this is a clean positive print — but Verizon is a small S&P 500 weight, its revenue line still missed slightly, and the factor's −1 is carried by the week's dated index-weight tests (Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close) against last week's negative mega-cap internals, under the FactSet strong-season backdrop (+29.5% blended). One mid-weight positive does not offset that. The 8:30 AM ET earnings call is ahead. Earnings stays −1. Monday pre-open update (9:10 AM): no new index-weight print since the 8:10 AM edition — Verizon's 8:30 AM ET call produced no guidance change in any verified major-source read found in the 9:10 AM scan, and the reaction reads have converged toward flat: newer premarket prints put Verizon shares up ~0.16–0.2% (TradingView/RTTNews premarket $44.70; Seeking Alpha via TradingView 'marginally higher, up about 0.2%'), consistent with Barron's flat $44.67 read and superseding Investopedia's earlier +2% live read as the latest picture — the 8:10 AM reaction conflict is therefore narrowed to flat-to-slightly-up, recorded, and still not scored (a small-weight name's tape reaction does not move the internals score). Cadence Design Systems reports after today's close (noted by Investopedia; not an index-weight test). The week's dated tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close, under the FactSet strong-season backdrop (+29.5% blended). Earnings stays −1. Monday first-hour update (10:10 AM): no new index-weight print in the first hour. Today's after-close reporters are Cadence Design Systems (consensus ~$2.05 EPS / ~$1.61B revenue; the Nvidia-partner EDA print Investopedia flagged pre-open), Celestica and Amkor (AMKR, consensus ~$0.77 EPS / ~$2.03B revenue — a small index weight, noted, not scored as a mega-cap test). Early single-name color: Meta shares fell ~1% in early trading after its filing to raise up to $95 billion in stock offerings to fund AI ambitions (Investopedia early-trading read) — a share-structure negative in the exact category this factor scores, but a single-source early tape read on one name, recorded as color, not scored. Verizon's positive-internals print stands. The week's dated tests stand: Microsoft and Alphabet Wed Oct 28 after the close, Amazon and Intel Thu Oct 29 after the close, under the FactSet strong-season backdrop (+29.5% blended). Earnings stays −1. Monday late-morning update (11:10): Verizon's reaction went the other way in regular trading — Investopedia's live read puts VZ shares down 2.5% in recent trading after the revenue miss, even with the profit beat, the raised full-year projections and the $2B AWS deal. That is the internals/reaction split this factor is built to name: the print's internals were positive (postpaid adds 406K vs ~195K FactSet consensus, guidance raised a third straight quarter — MarketWatch cross-check), the tape sold the revenue line anyway. Small index weight either way; earnings stays −1. The week's index-weight tests are unchanged and still ahead: Cadence, Celestica and Amkor after today's close; Microsoft and Alphabet Wednesday; Amazon and Intel Thursday. Score unchanged at −1. Monday midday update (12:10 PM): the morning's market-moving filing was not an earnings print — Anthropic made its S-1 public just before the open, and AI-linked stocks rallied on it (Reuters: Nvidia nearly +3%, the Philadelphia Semiconductor Index up over 3%, Micron +3%, Broadcom +3%, AMD +2.5%, Microsoft and Amazon nearly +1% each; battered neoclouds CoreWeave +5.7% and Nebius +2.3% reversed their pre-market losses from Elon Musk's comments; Investopedia: the Roundhill MAGS ETF +1%, Meta −1% on its up-to-$95B stock-offering filing). That is sentiment and positioning color for the AI complex, not index earnings internals: the internals tests this factor scores — monetization, margins and cash flow from Microsoft and Alphabet (Wed after the close) and Amazon and Intel (Thu after the close) — are still ahead, and Cadence Design Systems reports after today's close. Verizon's positive-internals print stands; the FactSet strong-season backdrop (+29.5% blended) stands. Earnings stays −1. Monday early-afternoon update (1:10 PM): no new earnings print this hour. The Anthropic S-1 rally carried into the afternoon (Investopedia recent trading: the Roundhill MAGS ETF rose more than 1%, Tesla jumped 6% to pace the group after a Barclays upgrade, Microsoft gained 1%, Meta edged lower on its up-to-$95B stock-offering filing) — sentiment color for the AI complex, not index earnings internals. The internals tests this factor scores remain ahead: Cadence Design Systems reports after today's close, then Microsoft and Alphabet (Wed after the close) and Amazon and Intel (Thu after the close), weighted by index share. Verizon's positive-internals print stands; the FactSet strong-season backdrop (+29.5% blended) stands. Earnings stays −1.

Source: CNBC via SourceFirst, Oct 22, 2026 (WDC fell ~6% in early after-hours; capex 4–6% of sales flagged, rising input costs; revenue $4.38B, adj. EPS $4.64 vs $4.09 LSEG); Morningstar / Dow Jones Stocks to Watch, Oct 22, 2026 19:12 ET (WDC −5% to $336.50 after hours; Deckers −7%, Sallie Mae −5%, Bloom Energy −5%); Barron's, Oct 22, 2026 (WDC −4.4% after hours to $338.66); MarketBeat WDC earnings page, Oct 22, 2026 (extended trading $335.28, −5.34% as of 7:07 PM ET); Finnhub (WDC regular close 354.19, −6.43%; META −6.98%, TSLA −3.08%, PG +5.58%); Morningstar / Dow Jones, Oct 22, 16:30 ET (WDC internals); FactSet Earnings Insight, Oct 16, 2026; StockAnalysis WDC statistics page, Oct 22, 2026 (after-hours $331.19, −6.49% as of 7:59 PM ET); Reuters, Oct 23, 2026 (AXP raises 2026 profit forecast: adj. EPS $4.68 vs $4.14 YoY, revenue $20.1B +9%, billed business $454B +8%, provisions $1.0B vs $1.3B, 2026 guide raised to $18.30–$18.60 from $17.30–$17.90, shares last +0.8% pre-market — full text read); Finnhub AXP snapshot, Oct 23, 2026 07:09 ET (pre-market −1.54% vs the $325.17 close — conflicts with Reuters' +0.8%, flagged); Reuters, Oct 23, 2026 (SLB beats quarterly profit estimates: adj. EPS $0.64 vs $0.62 IBES, revenue $9.449B vs $9.28B IBES, North America revenue +24% to $2.40B, Middle East & Asia revenue $2.81B vs $3.0B a year earlier); Business Wire, Oct 23, 2026 (SLB Q3 2026 results release: revenue $9,449M, GAAP EPS $0.49, adj. EPS $0.64, adj. EBITDA $2,067M / 21.9% margin, international $6,993M, North America $2,401M); Barron's, Oct 23, 2026 (SLB adj. EPS $0.64 vs $0.62 FactSet, revenue $9.4B vs $9.2B consensus, data-center revenue +23% sequential / +76% YoY, shares +0.3% pre-market); StockStory via Sun Chronicle, Oct 23, 2026 7:06 AM EDT (revenue $9.45B vs $9.29B consensus, adj. EPS $0.64 vs $0.61, FCF margin 10.8% vs 12.3%, operating margin 16.7%); Finnhub AXP snapshot, Oct 23, 2026 09:05 ET (pre-market $317.36, −2.40% vs the $325.17 close — conflicts with Reuters' +0.8%, flagged); CoinCentral, Oct 23, 2026 (AXP near $326 pre-market, up about 1% after the beat); Twelve Data quote, Oct 23, 2026 11:10 AM ET (AXP 313.98, −3.44%; META 645.35, −0.54%); Twelve Data quote, Oct 23, 2026 12:10 PM ET (SLB 43.47, +0.72%; AXP 314.50, −3.28%; META 646.60, −0.35%); CAMS Midday Market Check, Oct 23, 2026 (11:48 AM ET snapshot: AXP −3.64% on record $20.1B revenue and a raised outlook; SLB shares +6.58% — CONFLICTS with the Twelve Data 12:10 PM ET quote of +0.72%, flagged); Twelve Data quote, Oct 23, 2026 ~2:12 PM ET (AXP 315.97, −2.85%; META 649.89, +0.16%; SLB 43.07, −0.27%); Reuters via Euronext Live, Oct 23, 2026 (afternoon: AXP shares fell 3.5% after its results); Twelve Data closing quotes, Oct 23, 2026 (AXP 313.14, −3.70%; META 642.26, −1.02%; SLB 53.06, +7.07% vs intraday prints $43.47 / $43.07 — conflict flagged); FactSet Earnings Insight, Oct 23, 2026 (blended Q3 earnings growth +29.5%, 24% reported, 83% EPS beats, revenue growth +12.7%, 179 companies reporting this week — full text read); Reuters, Oct 26, 2026 (Asia wrap: hyperscalers Alphabet, Microsoft and Amazon report this week among one-third of the S&P 500; consensus MSFT $90.6B / $4.73, AMZN $202B / ~$1.97, GOOGL $128B / $3.00); Barron's week-ahead, Oct 25, 2026 (Verizon Mon; Alphabet/Microsoft Wed; Amazon/Intel Thu); TipRanks earnings calendar, Oct 25, 2026 (same dating); TheStreet Pro earnings calendar, Oct 26, 2026 (Monday reporters: Verizon BMO, est. EPS $1.27 / rev. $34.77B; materials from 7:00 AM ET, call 8:30 AM ET); Reuters, Oct 26, 2026 05:19 AM ET (about one-third of S&P 500 companies report this week including Alphabet, Microsoft, Amazon; Saxo's Chanana: markets want evidence of monetization, margins and cash flow; neoclouds ~−3% pre-market); MarketBeat earnings table, Oct 26, 2026 (Verizon Q3: consensus $1.27 EPS / $34.77B revenue, reported N/A as of the 7:10 AM ET scan); Finnhub VZ snapshot, Oct 26, 2026 07:08 ET (pre-market +1.91% — single-source price tick, not a print); Verizon Q3 2026 release coverage, Oct 26, 2026 (TradingView/dpa-AFX: GAAP EPS $1.25 vs $1.17, adjusted EPS $1.31, revenue $34.313B +1.5%, FY EPS guidance $5.04–$5.06; GlobeNewswire release text: adjusted EBITDA $13.8B record +8.0%, 406,000 postpaid phone net adds, 137,000 postpaid net accounts, FCF $7.8B +12.1%, guidance raised for a third straight quarter, $2B+ AWS deal); Barron's, Oct 26, 2026 (adjusted EPS $1.31 vs $1.27 FactSet consensus; revenue $34.3B vs $34.8B expected; 406,000 adds vs ~195,300 expected; shares flat at $44.67 ahead of the bell in that write-up); Investopedia, Oct 26, 2026 (Verizon shares rose 2% after the print — latest live read, conflicts with Barron's flat read by timestamp, flagged); TradingView/RTTNews, Oct 26, 2026 (Verizon premarket up 0.16% to $44.70); Seeking Alpha via TradingView, Oct 26, 2026 (Verizon shares marginally higher, up about 0.2% in premarket trading); Investopedia, Oct 26, 2026 (Cadence Design Systems set to report after today's closing bell); TickerReport / MarketBeat, Oct 2026 (Cadence Design Systems expected after the close Mon Oct 26: consensus ~$2.04–2.05 EPS, ~$1.61B revenue; call 5:00 PM ET); Investopedia, Oct 26, 2026 (Cadence, an Nvidia partner, set to report after today's closing bell; Meta fell 1% in early trading after its $95B stock-offering filing); Investopedia, Oct 26, 2026 (Stock Market Today live: Verizon shares pulled back 2.5% in recent trading after the revenue miss, with the profit beat, raised projections and $2B AWS deal noted); MarketWatch, Oct 26, 2026 (Verizon postpaid adds 406K vs 195K FactSet consensus; FY guides raised); Reuters, Oct 26, 2026 (AI stocks rise as Anthropic nears Wall Street debut: Anthropic S-1 public Monday morning; Nvidia nearly +3%, Microsoft and Amazon nearly +1% each, Micron +3%, AMD +2.5%, Broadcom +3%, Philadelphia Semiconductor Index up over 3%, CoreWeave +5.7% and Nebius +2.3% reversing post-Musk losses); Investopedia, Oct 26, 2026 (Stock Market Today live: Anthropic filed S-1 to list as 'ANT', disclosed an $80.7B first-half net loss; MAGS +1% Monday; Meta −1% on its up-to-$95B stock-offering filing); Investopedia, Oct 26, 2026 (Stock Market Today live — recent trading: Nasdaq +0.8%, S&P 500 +0.6%, Dow +0.3%; MAGS rose more than 1%; Tesla jumped 6% after a Barclays upgrade; Microsoft gained 1%; Meta edged lower on its up-to-$95B stock-offering filing; Anthropic S-1 under ticker 'ANT', $80.7B first-half loss disclosed)

Cross-checked: WDC's after-hours slide is confirmed across evening sources — Barron's (−4.4% to $338.66), MarketBeat ($335.28, −5.34% at 7:07 PM ET), Morningstar/Dow Jones (−5% to $336.50 at 7:12 PM ET), CNBC (~−6% in early after-hours) and a later Investing.com snapshot ($337.01, −4.85%) — a $335–$337 evening band; the late StockAnalysis print extends it to $331.19 (−6.49% at 7:59 PM ET, single-source). The capex/input-cost flag is CNBC single-source reporting of the call — noted, scored mildly. WDC internals cross-checked Morningstar-Dow Jones vs Shacknews vs 8-K summary and Barron's (58.1% adj. gross margin, Q2 revenue guide $5.0–5.2B). META/TSLA/PG closes are Finnhub regular-session closes. No score change at 02:10: no new index-weight earnings verified overnight (02:10 scan of Reuters/AP/CNBC/MarketWatch headlines found none; Seeking Alpha's Friday calendar confirms AXP and SLB report before the open — previews only, not yet printed); AXP and SLB report pre-market Friday (~7:00 AM ET) and have not printed yet. 03:10 scan: AXP and SLB have still not printed — previews only (consensus AXP ~$4.47–$4.50 EPS on ~$20.1B revenue; SLB ~$0.62 EPS on ~$9.27B revenue; Newsquawk weekly estimates / Longbridge morning brief calendars). No score change. 04:10 scan: AXP and SLB have still not printed — previews only (consensus AXP ~$4.47–$4.50 EPS on ~$20.1B revenue; SLB ~$0.61–$0.62 EPS on ~$9.27B revenue). No score change. 05:10 scan: AXP and SLB have still not printed — previews only (consensus AXP ~$4.50–$4.58 EPS on ~$20.1B revenue; SLB ~$0.61–$0.62 EPS on ~$9.27B revenue; Newsquawk weekly estimates / Benzinga previews). No score change. 06:10 scan: AXP and SLB have still not printed — previews only (Newsquawk weekly estimates: AXP $4.58 EPS on $20.12B revenue; SLB $0.62 EPS on $9.27B revenue; MarketBeat shows AXP reported EPS as N/A). No score change. 07:10 scan: AXP printed (Reuters, full text read this run) — EPS $4.68 beats the $4.47–$4.58 consensus range carried in the previews (Zacks $4.47, Seeking Alpha $4.49, MarketBeat $4.50, Newsquawk/TipRanks $4.58); the guidance raise and falling provisions are Reuters single-wire reporting of the release — flagged as such; the pre-market reaction is conflict-flagged (Reuters +0.8% vs Finnhub 07:09 ET −1.54%) and not scored. SLB still not printed in major sources at 07:10 — recorded as not-yet-printed, not filled in. No score change. 08:10 scan: SLB HAS printed — cross-checked across Reuters (adj. EPS $0.64 vs $0.62 IBES; revenue $9.449B vs $9.28B IBES), the company's Business Wire release (revenue $9,449M; GAAP EPS $0.49; adj. EPS $0.64), Barron's ($0.64 vs $0.62 FactSet; revenue above the $9.2B consensus) and StockStory ($0.64 vs $0.61; revenue $9.45B vs $9.29B) — four sources agree on the print; consensus estimates differ slightly by provider ($0.61–$0.62 EPS, $9.27–$9.29B revenue) and are recorded as a range, not a conflict. No score change. 09:10 scan: AXP pre-market reaction still conflict-flagged — Finnhub 09:05 ET −2.40% vs Reuters +0.8% and CoinCentral ~+1% (near $326); the reaction is not scored. No new index-weight earnings verified. No score change. 10:10 scan: no new index-weight earnings verified; AP's META −2.1% early-trading read and IBD's WDC decliner note are price reactions to already-scored internals, cross-checked as direction only, not scored. No score change. 11:10 scan: AXP's session price is a Twelve Data quote at 11:10 AM ET — it resolves the 7:10/9:10 pre-market reaction conflict in favor of the negative side (Finnhub's −1.54% / −2.40% snapshots were directionally right; Reuters' +0.8% did not hold into the session). The resolution is recorded in the data notes; the reaction remains unscored. SLB quote retry failed (Twelve Data HTTP 429) — its session reaction is recorded unverified this edition. No score change. 12:10 scan: no new index-weight earnings verified. SLB's session reaction is now verified (Twelve Data quote, +0.72% at 12:10 PM ET) — the 11:10 edition's unverified gap is resolved. No score change. 13:10 scan: no new index-weight earnings verified. AXP −3.64% (CAMS midday) is directionally consistent with the Twelve Data −3.28% at 12:10 PM ET — the sold-beat read is corroborated. SLB's session reaction is now CONFLICT-FLAGGED: CAMS midday +6.58% vs Twelve Data +0.72% at 12:10 PM ET — both recorded, neither asserted; a refresh was unavailable this run (Twelve Data HTTP 429 on the first quote attempt). Reactions are not scored. No score change. 14:10 scan: no new index-weight earnings verified. The SLB reaction conflict flagged at 13:10 is RESOLVED by this run's Twelve Data quote (−0.27% at ~2:12 PM ET): the session tape never supported CAMS' +6.58% midday figure; both values remain recorded and the resolution is noted in the data notes. AXP's sold-beat read is cross-checked (Twelve Data −2.85% vs Reuters afternoon −3.5%). No score change. 15:10 scan: no new verified input. No score change. 16:10 update: AXP's close (−3.70%, Twelve Data) cross-checks Reuters' afternoon read (−3.5%) — the sold-beat pattern is confirmed at the close. CORRECTION LOGGED: the 14:10 edition's 'SLB conflict resolved against CAMS' call is WITHDRAWN — the closing Twelve Data quote ($53.06, +7.07%) contradicts the provider's own intraday $43 prints and aligns with CAMS' +6.58%; the conflict is re-flagged as unresolved with both series recorded. No score change (reactions are never scored). 19:10 scan: no new index-weight earnings verified after hours in Reuters/AP/CNBC/MarketWatch. No score change. 20:10 scan: no new index-weight earnings verified after hours in Reuters/AP/CNBC/MarketWatch. No score change. 21:10 scan: no new index-weight earnings verified after hours in Reuters/AP/CNBC/MarketWatch. No score change. 22:10 scan: no new index-weight earnings verified after hours in Reuters/AP/CNBC/MarketWatch. No score change. 23:10 scan: no new index-weight earnings verified after hours in Reuters/AP/CNBC/MarketWatch. No score change. 12:10 AM update: FactSet +29.5% is the publisher's own Oct 23 release, read in full this run — it supersedes the Oct 16 report's +29.0% as the season backdrop (an update, not a correction; both reports stand in the archive). Reporting dates for MSFT / GOOGL / AMZN / INTC are cross-checked across Reuters, Barron's and TipRanks. Consensus figures differ by calendar (Reuters $90.6B MSFT revenue vs ~$92.5B on one secondary calendar) — recorded as ranges, never asserted as a single number, and previews are not scored. Verizon had not printed at scan time — recorded as not-yet-printed. No score change. 1:10 AM scan: no new index-weight earnings verified in Reuters/AP/CNBC/MarketWatch; Verizon not yet printed at 1:10 AM ET (scheduled before Monday's open). No score change. 2:10 AM scan: no new index-weight earnings verified in Reuters/AP/CNBC/MarketWatch; Verizon not yet printed at 2:10 AM ET (release and 8:30 AM ET call still ahead; preview consensus ~$1.27 EPS / ~$34.77B revenue is a preview, not a print). No score change. 3:10 AM scan: no new index-weight earnings verified in Reuters/AP/CNBC/MarketWatch; Verizon not yet printed at 3:10 AM ET (release and 8:30 AM ET call still ahead). No score change. 4:10 AM scan: no new index-weight earnings verified in Reuters/AP/CNBC/MarketWatch; Verizon not yet printed at 4:10 AM ET (materials from 7:00 AM ET, call 8:30 AM ET still ahead). No score change. 5:10 AM scan: no new index-weight earnings verified in Reuters/AP/CNBC/MarketWatch; Verizon not yet printed at 5:10 AM ET (materials from 7:00 AM ET, call 8:30 AM ET still ahead). No score change. 6:10 AM scan: no new index-weight earnings verified in Reuters/AP/CNBC/MarketWatch; Verizon not yet printed at 6:10 AM ET (materials from 7:00 AM ET, call 8:30 AM ET still ahead). Reuters' Monday piece (one-third of the S&P 500 reporting this week; Saxo internals quote; neoclouds ~−3% pre-market) is context, not a print. No score change. 7:10 AM scan: no verified Verizon print found in Reuters/AP/CNBC/MarketWatch at 7:10 AM ET — MarketBeat's table still shows reported EPS/revenue N/A vs $1.27 / $34.77B consensus; Finnhub's VZ pre-market +1.91% at 07:08 ET is single-source price data, not a print, and is not scored. Call 8:30 AM ET ahead. No score change. 8:10 AM update: Verizon Q3 is now VERIFIED and cross-checked — the release coverage (TradingView/dpa-AFX + the GlobeNewswire release text: GAAP EPS $1.25, adjusted $1.31, revenue $34.313B +1.5%, EBITDA $13.8B record, 406K postpaid adds, FCF $7.8B +12.1%, guidance raised to $5.04–$5.06) agrees with Barron's (adjusted $1.31 vs $1.27 FactSet consensus, revenue $34.3B vs $34.8B expected, adds more than double expectations, $2B+ AWS deal). Internals flags: guidance RAISED, margins EXPANDED (40.2% vs 37.8%), FCF UP, capex UNDER estimate, revenue slight MISS. Share-reaction reads conflict by timestamp (Investopedia latest: +2% after the print; Barron's: flat $44.67 ahead of the bell) — flagged, not resolved, and not scored. Verizon's index weight is small; the week's mega-cap tests (MSFT/GOOGL Wed, AMZN/INTC Thu) are unchanged. No score change. 9:10 AM update: Verizon reaction reads narrowed — TradingView/RTTNews premarket +0.16% to $44.70 and Seeking Alpha via TradingView ~+0.2% agree with Barron's flat $44.67; Investopedia's earlier +2% live read is superseded as the latest picture. No guidance change from the 8:30 AM ET call in any verified read found. Cadence after today's close noted, not scored. No score change. 10:10 AM update: Cadence/Celestica/Amkor after-close schedule and consensus figures are single-source previews (TickerReport/MarketBeat for Cadence ~$2.05/$1.61B; a secondary earnings-calendar preview for Amkor ~$0.77/$2.03B) — recorded as schedule color, not scored. Meta −1% early and the $95B offering filing are from Investopedia's early-trading read (single source at this hour) — recorded, not scored. No score change. 11:10 update: Verizon's regular-session reaction is single-source (Investopedia live: −2.5% in recent trading) against cross-checked positive internals (release + MarketWatch/FactSet: adds 406K vs 195K expected, FY EPS growth guide raised to 7–7.5%, FCF growth guide raised toward 12%) — the divergence is recorded, neither leg is allowed to move the score alone at VZ's index weight. No score change. 12:10 PM update: the Anthropic S-1 rally is CROSS-CHECKED (Reuters reported the filing and the chip-stock moves — NVDA nearly +3%, SOX over +3%, MU +3%, AVGO +3%, AMD +2.5%, CRWV +5.7%, NBIS +2.3%; Investopedia reported the same filing, MAGS +1% and META −1% in recent trading; CoinDesk and Seeking Alpha carried the filing independently). It is recorded as a sentiment event, not an earnings print, and does not move the internals score. No score change. 1:10 PM update: the afternoon AI-complex moves are CROSS-CHECKED (Investopedia live: MAGS more than +1%, TSLA +6%, MSFT +1%, META edged lower; Reuters/Fool carried the same Anthropic-filing rally). No earnings print landed this hour; Cadence after today's close stands as the next test. No score change.

No new macro prints overnight. Initial claims 194K vs ~200K consensus — a genuine beat the market ignored all Thursday. LEI unchanged in September. Friday brings flash PMIs and consumer sentiment (the next test). FOMC lands Wed Oct 28 with the Fed in blackout: markets price ~89% hold next week with December hike odds ~76% (TradingView) — no dovish relief in the path while the oil shock feeds inflation. Friday prints HAVE now landed: flash manufacturing PMI 56.0 — a beat vs the 55.4–55.5 consensus and a 53-month high (single-source wire flash, flagged); flash services PMI 57.9 vs 58.8 in September and ~58.0 consensus — essentially in line (fx.co read of the S&P Global release); Michigan final: year-ahead inflation expectations held at 4.7% and the five-year at 3.5%, unchanged from the preliminary reading (wire flash), current conditions were revised UP to 46.7 from the preliminary 44.7 (fx.co), and the final headline sentiment index itself was not verified in a major source by the 10:10 scan — recorded as unverified, not asserted. The tape's verdict matters more than the prints: SPY did not reclaim 762 after the 9:45 AM beat. Strong activity data with Brent at $115 gives the Fed no reason to soften into the Oct 28 FOMC (blackout) — no dovish relief in the path, so macro & the Fed stays −1. Friday late-morning update (11:10): the Michigan final headline is now verified — the final Consumer Sentiment Index is 48.0 (Kitco's report of the University of Michigan release, published 10:01 AM ET), revised UP from the 46.3 preliminary reading and above the 46.3 consensus, just below September's final 48.1. Director Hsu's statement confirms the inflation-expectations leg: year-ahead 4.7% and long-run 3.5% — stepped up from September (4.6% / 3.4%), the highest since May, and unchanged from the preliminary October reading. The tape's verdict also evolved: after ignoring the 9:45 AM PMI beat, SPY recovered off its 758.68 low to close the 11:10 bar on the 762 floor — resilient data did not hurt, but sticky 4.7% expectations with Brent at ~$116 still give the Fed no dovish path into the Oct 28 FOMC (blackout). Macro & the Fed stays −1. Friday midday update (12:10): no new prints since the 10:00 AM Michigan final — the calendar is empty for the rest of the session and the Fed remains in blackout into the Oct 28 FOMC. The tape's verdict at midday: SPY has held above the 762 floor since 11:20 AM on resilient data, but sticky 4.7% year-ahead expectations with Brent at ~$116 still give the Fed no dovish path. Macro & the Fed stays −1. Friday early-afternoon update (13:10): no new prints — the calendar stays empty into the close and the Fed remains in blackout into the Oct 28 FOMC. CAMS' Midday Market Check adds the composite leg of this morning's flash PMIs: the S&P Global flash composite printed 57.6 (in line with the 57.6 consensus carried in the morning calendars), and the release noted selling prices rose at the fastest pace since August 2022 — resilient activity with a fresh price impulse, alongside the verified manufacturing beat (56.0) and in-line services (57.9). With year-ahead Michigan expectations at 4.7% and Brent through $117 intraday, the data give the Fed no reason to soften. The tape's verdict this hour runs the other way: SPY lost the 762 floor again after the prints. Macro & the Fed stays −1. Friday mid-afternoon update (14:10): no new prints — the calendar stays empty into the close and the Fed remains in blackout into the Oct 28 FOMC. Reuters' afternoon read has the indexes mixed (S&P 500 −0.14%, Dow −0.9%, Nasdaq +0.21%) with Brent at $116.27 — resilient activity data, sticky 4.7% year-ahead expectations and an oil shock still give the Fed no reason to soften. Macro & the Fed stays −1. Friday final-hour update (15:10): no new verified input this hour; the factor's scored inputs stand as last verified. Score unchanged. Friday close update (16:10): no prints after the 10:00 AM Michigan final. TradingView's Friday note adds the rate-path leg at the close: the 10-year rose to 5% on Friday after Thursday's sharp drop, and markets price roughly a 91% probability of a hold at next week's FOMC with December hike odds around 76% — no dovish relief in the path into the Oct 28 decision (blackout). Macro & the Fed stays −1. Friday post-close update (17:10): AP's close wrap confirms the rate-path leg — Wall Street expects a hold at next week's FOMC and leans heavily toward a December hike, and next week brings the PCE print (expected +3.7% for September, well above the Fed's 2% target). No new print this hour; macro & the Fed stays −1. Friday evening update (18:10): no new print after the close — the calendar stays empty into the weekend and the Fed remains in blackout into the Oct 28 FOMC. An evening market wrap put the 10-year at 5.00% on the Treasury's official daily par curve (+4bp on the day) — 1bp above AP's 4.99% close-wrap read; the two agree in substance that Thursday's sub-5% close did not hold, and neither gives the Fed a dovish path with year-ahead Michigan expectations at 4.7% and Brent settled at $116.72. Macro & the Fed stays −1. Friday late-evening update (19:10): no new print after the close — the calendar is empty into the weekend and the Fed remains in blackout into the Oct 28 FOMC. Macro & the Fed stays −1. Friday night update (20:10): no new print after the close — the calendar is empty into the weekend and the Fed remains in blackout into the Oct 28 FOMC. Macro & the Fed stays −1. Friday late-night update (21:10): no new print after the close — the calendar is empty into the weekend and the Fed remains in blackout into the Oct 28 FOMC. Macro & the Fed stays −1. Friday late-night update (22:10): no new print after the close — the calendar is empty into the weekend and the Fed remains in blackout into the Oct 28 FOMC. Macro & the Fed stays −1. Friday late-night update (23:10): no new print after the close — the calendar is empty into the weekend and the Fed remains in blackout into the Oct 28 FOMC. Macro & the Fed stays −1. Monday pre-open update (12:10 AM): the FOMC meets Tue–Wed Oct 27–28, decision Wed Oct 28 at 2:00 PM ET, and the Fed remains in blackout. A hold at 3.75–4.00% is the consensus: nearly all economists in Reuters' poll expect no change in October with a further hike in December, Goldman Sachs (via Reuters) says the Fed is 'set to skip raising rates at its October meeting but is likely to deliver a second hike in December,' markets imply ~80% odds of a December move (Reuters), and CME FedWatch showed ~90.6% October hold odds as of Oct 22. The week's data lands AFTER the decision: Q3 GDP (consensus +3.2% annualized) and the September PCE report on Thu Oct 29, with core PCE seen +0.3% m/m and 3.1% y/y (Reuters). No print has landed yet and nothing repriced over the weekend — the factor scores FOMC proximity plus a live December hike path with an oil shock feeding inflation, unchanged at −1. Monday pre-open update (1:10 AM): no new macro print since the 12:10 AM edition — the calendar is empty into Monday's open and the Fed is in blackout ahead of the Tue–Wed Oct 27–28 FOMC (decision Wed 2:00 PM ET; hold at 3.75–4.00% is the Reuters-poll consensus, with a December hike priced). Thursday's Q3 GDP (+3.2% consensus) and September core PCE (+0.3% m/m, 3.1% y/y seen) previews stand. Macro & the Fed stays −1. Monday pre-open update (2:10 AM): no new macro print since the 1:10 AM edition — the calendar is empty into Monday's open and the Fed is in blackout ahead of the Tue–Wed Oct 27–28 FOMC (decision Wed 2:00 PM ET). TipRanks, citing CNBC's fed funds futures, put the probability of a hold at 3.75–4.00% at ~90% — a quantification of the hold consensus already scored, not a shift in the rate path. Thursday's Q3 GDP (+3.2% consensus) and September core PCE (+0.3% m/m, 3.1% y/y seen) previews stand. Macro & the Fed stays −1. Monday pre-open update (3:10 AM): no new macro print since the 2:10 AM edition. The FOMC meets Tue–Wed Oct 27–28 with the decision Wed 2:00 PM ET; the hold consensus (~90% in fed funds futures via CNBC, cross-checked by the Reuters poll) is unchanged, and the Thu GDP / PCE consensus previews stand. Score unchanged at −1. Monday pre-open update (4:10 AM): no new macro print since the 3:10 AM edition. Monday's Asia coverage carries the Reuters economist poll again — the Fed is expected to skip a move this week and deliver a hike in December — consistent with the ~90% hold probability in fed funds futures already on the page; no rate-path shift and nothing for the tape to reprice. The FOMC meets Tue–Wed Oct 27–28 with the decision Wed 2:00 PM ET, blackout in force. Macro & the Fed stays −1. Monday pre-open update (5:10 AM): no new macro print since the 4:10 AM edition — the calendar is empty into Monday's open and the Fed is in blackout ahead of the Tue–Wed Oct 27–28 FOMC (decision Wed 2:00 PM ET). MarketWatch's Monday pre-open coverage put the chance of a Wednesday hike at about 9% per FedWatch (i.e. ~91% hold) with the December hike probability at 73%; FXStreet, also citing CME FedWatch, put the October pause probability at 90.6% and a December hike at 79.7% — the two December figures differ by source snapshot and are recorded as a 73–79.7% range, not a shift: every read agrees the path is hold this week, hike risk in December, exactly as already scored. Macro & the Fed stays −1. Monday pre-open update (6:10 AM): no new macro print since the 5:10 AM edition — the calendar is empty into Monday's open and the Fed is in blackout ahead of the Tue–Wed Oct 27–28 FOMC (decision Wed 2:00 PM ET). TipRanks' updated Monday read, citing CNBC, again put the Wednesday hold probability at ~90% (target range 3.75%–4.00%) — consistent with the cross-checked ~90–91% hold already on this page; the December hike probability range (MarketWatch 73% vs FXStreet 79.7%, both FedWatch-cited) stands as recorded, not a shift. Macro & the Fed stays −1. Monday pre-open update (7:10 AM): no new macro print since the 6:10 AM edition — the calendar is empty into Monday's open and the Fed is in blackout ahead of the Tue–Wed Oct 27–28 FOMC (decision Wed 2:00 PM ET). Investopedia's Monday read put the market-implied likelihood of a hike this week at just 9% per CME FedWatch — i.e. ~91% no-hike, consistent with the cross-checked ~90–91% hold already on this page; the December hike probability range (MarketWatch 73% vs FXStreet 79.7%, both FedWatch-cited) stands as recorded, not a shift. Macro & the Fed stays −1. Monday pre-open update (8:10 AM): no new macro print since the 7:10 AM edition — the Fed is in blackout ahead of the Tue–Wed Oct 27–28 FOMC (decision Wed 2:00 PM ET). Investopedia's updated Monday live read still prices a hike this week at just 9% per CME FedWatch — ~91% no-hike, consistent with the cross-checked ~90–91% hold already on this page; the December hike probability range (MarketWatch 73% vs FXStreet 79.7%, both FedWatch-cited) stands as recorded, not a shift. The day's scheduled prints (Dallas Fed manufacturing for October, Chicago Fed national activity for September, per Dow Jones Newswires) are still ahead and not scored. Macro & the Fed stays −1. Monday pre-open update (9:10 AM): A PRINT LANDED — the Chicago Fed National Activity Index for September came in at +0.07 vs −0.1 consensus (Seeking Alpha, citing the Chicago Fed release at 8:30 AM ET; cross-checked against the FXBlue calendar record of +0.07 and a second quote of the release text), with August revised to −0.08 from −0.04. That is a modest positive surprise on a backward-looking September activity index — three of the four component categories improved — but it is not a rate-path event: the Fed is in blackout ahead of the Tue–Wed Oct 27–28 FOMC (decision Wed 2:00 PM ET), Investopedia's newest reads still price a hike this week at just 9–10% per CME FedWatch (~90% hold), and futures were already positive before the print with no repricing evidence in the 9:10 AM scan. Scored mildly per the ruleset (a beat the tape does not reprice on is information, scored mildly) — it does not offset the factor's standing drivers. The Dallas Fed manufacturing print for October is still ahead (10:30 AM ET) and not scored. Macro & the Fed stays −1. Monday first-hour update (10:10 AM): no new print in the first hour — the Chicago Fed September beat (+0.07 vs −0.1 consensus, cross-checked) stands as this morning's only landed print, scored mildly at 9:10 AM. The Dallas Fed manufacturing index for October is ahead at 10:30 AM ET (20 minutes after this edition) and is not scored. The FOMC decides Wed Oct 28 at 2:00 PM ET; Investopedia's live read still prices a hike this week at just 9% per CME FedWatch (~91% hold), and the early tape (indexes +0.4–0.5%) shows no rate-path repricing. Macro & the Fed stays −1. Monday late-morning update (11:10): the Dallas Fed print LANDED at 10:30 AM ET — Texas Manufacturing Index 13.4 in October vs 7.0 consensus and 9.8 in September (Seeking Alpha, citing the Dallas Fed release; cross-checked by investinglive's full subindex read). The internals are mixed, not clean: new orders fell hard (9.3 vs 30.7 prior), prices paid rose (55.3 vs 52.2), while the future-activity index jumped (38.1 vs 20.8) and capex rose (11.9 vs 8.5). Together with the morning's Chicago Fed beat (+0.07 vs −0.1), Monday's two prints are both modest positive surprises — and neither has repriced the rate path in any verified read: the FOMC decision lands Wednesday with a hold priced at ~90–91% (CME FedWatch via CNBC/Investopedia) and the hike debate pushed to December. Two regional beats do not move a factor whose weight sits on the Fed and the oil-fed inflation path. Macro stays −1. Score unchanged. Monday midday update (12:10 PM): no new print since the Dallas Fed October beat landed at 10:30 AM ET (13.4 vs 7.0 consensus, scored in the 11:10 AM edition) — the midday tape shows no rate-path repricing on it. The FOMC decides Wed Oct 28 at 2:00 PM ET; Investopedia's live read still prices a hike this week at just 9% per CME FedWatch (~91% hold), with a hawkish-pause tilt the named risk after the hot inflation print. Macro & the Fed stays −1. Monday early-afternoon update (1:10 PM): no new macro print this hour — the Dallas Fed October beat (13.4 vs 7.0 consensus, scored in the 11:10 AM edition) stands as the day's last scored print, and the tape shows no rate-path repricing on it. The $69B 2-year Treasury auction went off at 1:00 PM ET; its result had not appeared in a verified major-source read at this edition's scan — recorded as pending/unverified, not scored. The FOMC decides Wed Oct 28 at 2:00 PM ET; a hike this week is priced at ~9% per CME FedWatch (Investopedia), with LSEG money markets at ~90% hold (Morningstar/Dow Jones) — a hold with a hawkish-pause tilt remains the named risk after the hot inflation print. Macro & the Fed stays −1.

Source: Verified session tape (main-chat market log); Federal Reserve FOMC calendar; Friday data calendar via post-close market briefs; FastBull wire flashes, Oct 23, 2026 (flash manufacturing PMI 56.0, highest in 53 months — single-source; Michigan final inflation expectations 4.7% one-year / 3.5% five-year, unchanged from preliminary; 10Y +3.94bp to 4.992% after the Michigan release — single-source); fx.co, Oct 23, 2026 (US services PMI flash 57.9 vs 58.8 prior, just under ~58 expectations; Michigan current conditions final 46.7 vs 44.7 preliminary); consensus calendars (theclosingprint / Investing.com via previews: manufacturing 55.4–55.5, services 57.9–58.0); Kitco News, Oct 23, 2026 10:01 AM ET (University of Michigan final October sentiment 48.0 vs 46.3 preliminary / 46.3 consensus / 48.1 September final; Hsu statement: year-ahead inflation expectations 4.7%, long-run 3.5%, highest since May); CAMS Morning Market Brief, Oct 23, 2026 (no BLS release and no Fed policy decision or public speech today; next FOMC decision Oct 28); CAMS Midday Market Check, Oct 23, 2026 (S&P Global flash composite PMI 57.6, in line with the 57.6 consensus; the release said selling prices rose at the fastest pace since August 2022); Reuters via Euronext Live, Oct 23, 2026 (afternoon market read: indexes mixed, Brent $116.27 +2.74%, U.S. crude $102.02 +2.56%); TradingView News, Oct 23, 2026 (10-year rose to 5% Friday; ~91% hold priced for next week's FOMC, ~76% December hike odds); Reuters, Oct 26, 2026 (Asia wrap: Fed expected to stand pat; Goldman Sachs note — skip in October, second hike likely in December; markets imply ~80% December odds; core PCE seen 3.1% y/y, GDP +3.2%); Reuters poll summary via week-ahead notes, Oct 25, 2026 (nearly all economists expect an October hold at 3.75–4.00% and a December hike); TradingKey week-ahead, Oct 25, 2026 (CME FedWatch ~90.6% October hold as of Oct 22); TipRanks, Oct 26, 2026 (fed funds futures, via CNBC, indicate a ~90% probability the Fed holds at 3.75–4.00%); Reuters poll via Hindu BusinessLine Asia coverage, Oct 26, 2026 (Fed to skip raising rates this week and deliver a hike in December, per nearly all economists polled); MarketWatch live coverage, Oct 26, 2026 (S&P 500 set for muted start ahead of Fed rate decision: ~9% chance of a Wednesday hike per FedWatch, December hike probability 73%); FXStreet, Oct 26, 2026 08:46 UTC (CME FedWatch: 90.6% probability of an October pause, 79.7% chance of a December hike); TipRanks, Oct 26, 2026 updated 5:31 AM EDT (Fed funds futures indicate a 90% probability of a hold at 3.75%–4.00% on Wednesday, per CNBC); Investopedia, Oct 26, 2026 (financial markets pricing just a 9% likelihood the Fed raises rates this week, per CME FedWatch); Investopedia, Oct 26, 2026 (updated Monday live read: markets pricing just a 9% likelihood of a Fed hike this week, per CME FedWatch); Dow Jones Newswires via Morningstar, Oct 26, 2026 05:35 ET (day-ahead data: Dallas Fed manufacturing activity for October, Chicago Fed national activity index for September; Verizon and Welltower among reporters); Seeking Alpha, Oct 26, 2026 12:32 UTC (Chicago Fed National Activity Index rose to +0.07 in September, exceeding the −0.1 consensus; August revised to −0.08 from −0.04; data released by the Federal Reserve Bank of Chicago Monday); FXBlue calendar record, Oct 26, 2026 12:30 UTC (CFNAI actual 0.07); Investopedia, Oct 26, 2026 (5 Things: traders pricing a 90% chance the Fed keeps rates unchanged, per CME FedWatch); Investopedia, Oct 26, 2026 (Stock Market Today live: financial markets pricing just a 9% likelihood the Fed raises rates this week, per CME FedWatch); Seeking Alpha, Oct 26, 2026 (Dallas Fed Texas Manufacturing Index rises to 13.4 in October from 9.8, vs 7.0 consensus); investinglive, Oct 26, 2026 (Dallas Fed subindexes: new orders 9.3 vs 30.7 prior, prices paid 55.3 vs 52.2, future index 38.1 vs 20.8, capex 11.9 vs 8.5); Investopedia, Oct 26, 2026 (Stock Market Today live: financial markets pricing just a 9% likelihood the Fed raises rates this week, per CME FedWatch; FOMC decision Wednesday); Morningstar / Dow Jones Newswires, Oct 26, 2026 (money markets assign ~90% probability to a Fed hold on Oct 28, per LSEG data; SEB still sees one more hike in December); TipRanks economic calendar, Oct 26, 2026 (2-year note auction listed for Oct 26 with no result posted at scan time)

Cross-checked: claims Reuters + DOL via TheStreet; LEI via CAMS (Reuters-sourced); rate pricing single-source (TradingView) — flagged, scored mildly. No fresh print this hour — carried from the verified midday record; Friday's PMI/sentiment are scheduled, not yet printed. No fresh print at 06:10 — Friday flash PMIs (9:45 AM ET) and consumer sentiment (10:00 AM ET) are still ahead, not yet printed. No fresh print at 07:10 — flash PMIs (9:45 AM ET) and consumer sentiment (10:00 AM ET) are still ahead, not yet printed. No fresh print at 08:10 — flash PMIs (9:45 AM ET) and consumer sentiment (10:00 AM ET) are still ahead, not yet printed. CAMS' Friday morning brief confirms no Fed policy decision or public speech today, with the next FOMC decision due October 28 — consistent with the blackout read already scored. No fresh print at 09:10 — flash PMIs (9:45 AM ET) and consumer sentiment (10:00 AM ET) are still ahead, not yet printed. 10:10 update: the 9:45 AM flash PMIs and 10:00 AM Michigan final have printed. Manufacturing 56.0 rests on a single-source wire flash (FastBull) against a 55.4–55.5 consensus range (Investing.com / calendar previews) — flagged, scored mildly; services 57.9 is an fx.co read of the S&P Global release vs ~58.0 consensus — essentially in line. Michigan final inflation expectations (4.7% / 3.5%, unchanged) are a single-source wire flash; current conditions final 46.7 is fx.co single-source; the final headline sentiment index is UNVERIFIED in a major source at scan time — recorded missing, not filled in. The market-reaction leg is cross-checked: SPY stayed below 762 through and after the prints (engine bars + Twelve Data quote). No score change. 11:10 update: the Michigan final headline (48.0) is now VERIFIED via Kitco's report of the U-M release — it replaces the unverified/missing status carried at 10:10 and is recorded as a resolution in the data notes, not a correction (the 10:10 edition never asserted a headline value). The inflation-expectations values (4.7% / 3.5%) are now corroborated by Hsu's quoted statement, upgrading them from single-source flash to release-confirmed. Current conditions final (46.7, fx.co) remains single-source. No score change. 12:10 update: no new macro print this hour — nothing scheduled after the 10:00 AM Michigan final; FOMC Oct 28 / blackout status unchanged (CAMS morning brief). No score change. 13:10 update: the flash composite (57.6) and the selling-prices detail are CAMS' report of the S&P Global release — single-source, flagged, scored mildly; the composite matches the 57.6 consensus carried in the morning calendars. No new print scheduled after the 10:00 AM Michigan final; FOMC Oct 28 / blackout status unchanged. No score change. 14:10 update: no new macro print this hour — nothing scheduled after the 10:00 AM Michigan final; FOMC Oct 28 / blackout status unchanged. No score change. 15:10 scan: no new verified input. No score change. 16:10 update: the ~91% hold / ~76% December-hike pricing is TradingView single-source — flagged, scored mildly, consistent with the ~89% / ~76% pricing carried earlier in the week. No score change. 19:10 scan: no new verified input. No score change. 22:10 scan: no new verified input. No score change. 23:10 scan: no new verified input. No score change. 12:10 AM update: the October-hold consensus is cross-checked (Reuters poll, Goldman via Reuters, CME FedWatch via TradingKey — three independent reads agree). The December-hike leg is expectations, not a print — scored mildly, as before. Thu GDP / PCE figures are consensus previews (Reuters), recorded as previews. No score change. 1:10 AM scan: no new verified input. No score change. 2:10 AM update: no new verified macro print; the ~90% hold probability is TipRanks citing CNBC fed funds futures — consistent with the Reuters-poll hold consensus already on the page. No score change. 3:10 AM scan: no new verified macro print. No score change. 4:10 AM scan: no new verified macro print; the Reuters poll (hold this week, December hike) reconfirms the cross-checked hold consensus already carried. No score change. 5:10 AM update: no new verified macro print; Wednesday hold probability ~90–91% cross-checked (MarketWatch ~9% hike chance per FedWatch; FXStreet 90.6% pause per CME FedWatch; TipRanks/CNBC ~90% earlier). December hike probability recorded as a range — MarketWatch 73% vs FXStreet 79.7%, both FedWatch-cited, differing by snapshot — flagged, not resolved, and not a rate-path shift. No score change. 6:10 AM update: no new verified macro print; Wednesday hold ~90% re-confirmed (TipRanks citing CNBC Fed funds futures: 90% hold at 3.75%–4.00%), consistent with the ~90–91% cross-checked range already carried. December range (73–79.7%) stands. No score change. 7:10 AM update: no new verified macro print; Investopedia (CME FedWatch) puts a hike this week at just 9% — ~91% no-hike, consistent with the ~90–91% cross-checked hold carried. December range (73–79.7%) stands. No score change. 8:10 AM update: no new verified macro print; Investopedia's updated live read (CME FedWatch) still puts a hike this week at just 9% — ~91% no-hike, consistent with the ~90–91% cross-checked hold carried. Today's scheduled Dallas Fed / Chicago Fed prints are ahead, not yet out. December range (73–79.7%) stands. No score change. 9:10 AM update: Chicago Fed CFNAI September +0.07 vs −0.1 consensus is CROSS-CHECKED (Seeking Alpha citing the Chicago Fed release; FXBlue calendar record +0.07 for Oct 26; a second quote of the release text: '+0.07 in September from −0.08 in August, three of the four broad categories increased'). August revised −0.04 → −0.08. Fed hold ~90% re-confirmed (Investopedia 5 Things: 90% hold per CME FedWatch; Stock Market Today live: 9% hike likelihood). Dallas Fed print (10:30 AM ET) still ahead. No score change — mild positive surprise, no repricing evidence, FOMC proximity dominates. 10:10 AM update: no new print this hour; Chicago Fed beat cross-checked at 9:10 AM stands. Fed hike odds 9% per CME FedWatch (Investopedia live, this morning) consistent with the ~90% hold reads. Dallas Fed (10:30 AM ET) ahead. No score change. 11:10 update: the Michigan final headline (48.0) is now VERIFIED via Kitco's report of the U-M release — it replaces the unverified/missing status carried at 10:10 and is recorded as a resolution in the data notes, not a correction (the 10:10 edition never asserted a headline value). The inflation-expectations values (4.7% / 3.5%) are now corroborated by Hsu's quoted statement, upgrading them from single-source flash to release-confirmed. Current conditions final (46.7, fx.co) remains single-source. No score change. 12:10 update: no new macro print this hour — nothing scheduled after the 10:00 AM Michigan final; FOMC Oct 28 / blackout status unchanged (CAMS morning brief). No score change. 13:10 update: the flash composite (57.6) and the selling-prices detail are CAMS' report of the S&P Global release — single-source, flagged, scored mildly; the composite matches the 57.6 consensus carried in the morning calendars. No new print scheduled after the 10:00 AM Michigan final; FOMC Oct 28 / blackout status unchanged. No score change. 14:10 update: no new macro print this hour — nothing scheduled after the 10:00 AM Michigan final; FOMC Oct 28 / blackout status unchanged. No score change. 15:10 scan: no new verified input. No score change. 16:10 update: the ~91% hold / ~76% December-hike pricing is TradingView single-source — flagged, scored mildly, consistent with the ~89% / ~76% pricing carried earlier in the week. No score change. 19:10 scan: no new verified input. No score change. 22:10 scan: no new verified input. No score change. 23:10 scan: no new verified input. No score change. 12:10 AM update: the October-hold consensus is cross-checked (Reuters poll, Goldman via Reuters, CME FedWatch via TradingKey — three independent reads agree). The December-hike leg is expectations, not a print — scored mildly, as before. Thu GDP / PCE figures are consensus previews (Reuters), recorded as previews. No score change. 1:10 AM scan: no new verified input. No score change. 2:10 AM update: no new verified macro print; the ~90% hold probability is TipRanks citing CNBC fed funds futures — consistent with the Reuters-poll hold consensus already on the page. No score change. 3:10 AM scan: no new verified macro print. No score change. 4:10 AM scan: no new verified macro print; the Reuters poll (hold this week, December hike) reconfirms the cross-checked hold consensus already carried. No score change. 5:10 AM update: no new verified macro print; Wednesday hold probability ~90–91% cross-checked (MarketWatch ~9% hike chance per FedWatch; FXStreet 90.6% pause per CME FedWatch; TipRanks/CNBC ~90% earlier). December hike probability recorded as a range — MarketWatch 73% vs FXStreet 79.7%, both FedWatch-cited, differing by snapshot — flagged, not resolved, and not a rate-path shift. No score change. 6:10 AM update: no new verified macro print; Wednesday hold ~90% re-confirmed (TipRanks citing CNBC Fed funds futures: 90% hold at 3.75%–4.00%), consistent with the ~90–91% cross-checked range already carried. December range (73–79.7%) stands. No score change. 7:10 AM update: no new verified macro print; Investopedia (CME FedWatch) puts a hike this week at just 9% — ~91% no-hike, consistent with the ~90–91% cross-checked hold carried. December range (73–79.7%) stands. No score change. 8:10 AM update: no new verified macro print; Investopedia's updated live read (CME FedWatch) still puts a hike this week at just 9% — ~91% no-hike, consistent with the ~90–91% cross-checked hold carried. Today's scheduled Dallas Fed / Chicago Fed prints are ahead, not yet out. December range (73–79.7%) stands. No score change. 9:10 AM update: Chicago Fed CFNAI September +0.07 vs −0.1 consensus is CROSS-CHECKED (Seeking Alpha citing the Chicago Fed release; FXBlue calendar record +0.07 for Oct 26; a second quote of the release text: '+0.07 in September from −0.08 in August, three of the four broad categories increased'). August revised −0.04 → −0.08. Fed hold ~90% re-confirmed (Investopedia 5 Things: 90% hold per CME FedWatch; Stock Market Today live: 9% hike likelihood). Dallas Fed print (10:30 AM ET) still ahead. No score change — mild positive surprise, no repricing evidence, FOMC proximity dominates. 10:10 AM update: no new print this hour; Chicago Fed beat cross-checked at 9:10 AM stands. Fed hike odds 9% per CME FedWatch (Investopedia live, this morning) consistent with the ~90% hold reads. Dallas Fed (10:30 AM ET) ahead. No score change. 11:10 update: Dallas Fed 13.4 vs 7.0 consensus is cross-checked (Seeking Alpha citing the Dallas Fed release + investinglive subindexes: new orders 9.3 vs 30.7 prior, prices paid 55.3 vs 52.2, future index 38.1 vs 20.8). No verified rate-path repricing followed either Monday beat. No score change. 12:10 PM update: no new print this hour; the Dallas Fed beat (13.4 vs 7.0) cross-checked at 11:10 AM stands. Fed hike odds 9% per CME FedWatch (Investopedia live). No score change. 1:10 PM update: no new print this hour; the Dallas Fed beat (13.4 vs 7.0) cross-checked at 11:10 AM stands. The 2-year auction result is UNVERIFIED/MISSING at this scan (no major-source result found) — recorded, not scored. Fed hold odds ~90–91% cross-checked (Investopedia/CME FedWatch ~9% hike; Morningstar/LSEG ~90% hold). No score change.

Closing prints replace the 1:08 PM carries: the 10-year settled at 4.953% (−19.3bp on the day) — the WSJ notes it dropped below 5% for the first time in nearly a month, with the sharpest one-day fall in more than three years, on a flight-to-safety bid that did NOT support equities. The level (~4.95%) is still restrictive, which keeps this factor negative, but the direction cushions multiples instead of tightening them. DXY slid to 101.43 by 2:30 PM EDT (DTN, single-source) — softer dollar, consistent with UUP's −0.10% close at 28.89. Friday pre-bell update (08:10): CAMS' morning brief put the 10-year at 4.978% before the bell — essentially flat against the 4.953% close (a ~2.5bp uptick), single-source, flagged and not scored; no newer DXY read. Friday pre-bell update (09:10): Investopedia put the 10-year at 5.01% this morning, up from Thursday's sub-5% close — a touch above CAMS' 4.978% pre-bell read; the two morning reads differ by ~3bp and are both single-source, flagged in the data notes and not scored. The factor stays −1: the level is restrictive, and the cross-checked close (4.953%) remains the headline. Friday intraday update (10:10): the 10-year is back up to 4.97% just after the open (AP and IBD agree, +2bp vs Thursday's 4.953% close), bracketed by the morning's single-source reads (CAMS 4.978% pre-bell, Investopedia 5.01%); a post-Michigan wire flash put it at 4.992% (single-source, flagged). Thursday's sub-5% close has not become a new lower level — yields are hovering either side of 5% and the level stays restrictive. DXY: no Friday index print verified; UUP +0.09% at 10:12 AM ET (Twelve Data) says the dollar is flat to slightly firmer. The factor stays −1. Friday late-morning update (11:10): the 10-year is holding just under 5% — IBD's live coverage puts it at 4.98% (+3bp vs Thursday's close) and the London-midday Morningstar/Alliance read quoted 4.99%; with the morning's 4.97% (AP/IBD) the intraday range is 4.97–4.99% — a restrictive level, no new lower level, and no break back above 5% either. The snapshot headline moves to 4.98% (IBD live). DXY: still no Friday index print verified; UUP +0.12% at 11:10 AM ET (Twelve Data) — the dollar is flat to slightly firmer. The factor stays −1. Friday midday update (12:10): no new verified 10-year print this hour — the intraday range stands at 4.97–4.99% with the yield still just under 5% (market coverage notes the 10-year remained below 5% into the session). UUP is +0.12% at 12:10 PM ET (Twelve Data) — the dollar is flat to slightly firmer. The factor stays −1. Friday early-afternoon update (13:10): CAMS' Midday Market Check put the 10-year at 4.994% (11:48 AM ET snapshot) — the top of the day's 4.97–4.99% intraday range, still a single-source read and still just under 5%: no new lower level, no break back above 5% either, and the level stays restrictive. The dollar index rose 0.15% at midday (CAMS) — direction only, consistent with the morning's firmer UUP reads; UUP itself could not be refreshed this run (Twelve Data HTTP 429 on the first quote attempt) and no Friday DXY level print is verified — DXY stays the Thursday DTN single-source read. The factor stays −1. Friday mid-afternoon update (14:10): no new cross-checked 10-year print this hour — the intraday range stands at 4.97–4.99% with the yield still just under 5% and the level restrictive. UUP is +0.09% at 28.915 (Twelve Data, ~2:12 PM ET) — the dollar is flat to slightly firmer, consistent with the morning's reads; no Friday DXY level print is verified, so DXY stays the Thursday DTN single-source read. The factor stays −1. Friday final-hour update (15:10): no new verified input this hour; the factor's scored inputs stand as last verified. Score unchanged. Friday close update (16:10): the 10-year ended the week back at the 5% line — TradingView's Friday note puts the yield at 5% (single-source headline), atop the cross-checked 4.97–4.99% intraday range; Thursday's sub-5% close did not become a new lower level. The dollar firmed slightly into the close: UUP closed +0.17% at 28.95 (Twelve Data); no Friday DXY index level was verified all day, so DXY stays the Thursday DTN single-source read (101.43). The level stays restrictive. Rates / dollar / liquidity stays −1. Friday post-close update (17:10): AP's close wrap puts the 10-year at 4.99% at the close, edged up from 4.96% late Thursday — cross-checking the top of the verified intraday range (4.97–4.99%) and superseding the single-source 5.00% headline carried at 16:10; the snapshot now headlines 4.99%. The level is still restrictive; rates/dollar/liquidity stays −1. Friday evening update (18:10): the Friday 10-year close now has a second evening read — the Treasury official daily par curve at 5.00% (+4bp) vs AP's close-wrap 4.99% (edged up from 4.96% late Thursday); the 1bp spread is agreement, not a conflict, and the snapshot continues to headline AP's cross-checked 4.99% atop the verified 4.97–4.99% intraday range. No Friday DXY index level was verified at any point today — DXY remains Thursday's DTN single-source read (101.43), with UUP's +0.17% close the Friday dollar proxy. The level stays restrictive; rates / dollar / liquidity stays −1. Friday late-evening update (19:10): no new rates or dollar print after the close — the 10-year stands on AP's cross-checked 4.99% close (Treasury official par curve 5.00%, 1bp agreement in substance) and no Friday DXY index level was verified at any point today. Rates / dollar / liquidity stays −1. Friday night update (20:10): no new rates or dollar print after the close — the factor stands on its cross-checked Friday close (10Y 4.99% per AP, Treasury par curve 5.00%; no Friday DXY index level verified at any point today). Rates / dollar / liquidity stays −1. Friday late-night update (21:10): no new rates or dollar print after the close — the factor stands on its cross-checked Friday close (10Y 4.99% per AP, Treasury par curve 5.00%; no Friday DXY index level verified at any point today). Rates / dollar / liquidity stays −1. Friday late-night update (22:10): no new rates or dollar print after the close — the factor stands on its cross-checked Friday close (10Y 4.99% per AP, Treasury par curve 5.00%; no Friday DXY index level verified at any point today). Rates / dollar / liquidity stays −1. Friday late-night update (23:10): no new rates or dollar print after the close — the factor stands on its cross-checked Friday close (10Y 4.99% per AP, Treasury par curve 5.00%; no Friday DXY index level verified at any point today). Rates / dollar / liquidity stays −1. Monday pre-open update (12:10 AM): the 10-year was last down to 4.974% in Reuters' Monday currency wrap (Treasuries holding onto recent safe-haven gains; the same wrap notes elevated oil keeping inflation worries alive), while Reuters' Asia markets wrap rounds the 10-year to 5.0% — both prints recorded; in substance the level is unchanged from Friday's cross-checked 4.99% close and still sits in the cycle-high standing-headwind zone. The dollar index was a shade weaker at 101.64 (Reuters) — the first verified DXY level since Thursday's 101.43 single-source read, direction soft. No QT or balance-sheet news over the weekend. Score unchanged at −1 (level headwind; direction flat-to-softer). Monday pre-open update (1:10 AM): no new rates or dollar print since the 12:10 AM edition — the factor stands on Friday's cross-checked close (10Y 4.99% per AP) and the early-Monday Reuters range (currency wrap 4.974%, Asia wrap ~5.0%), with DXY at 101.64 (Reuters Monday currency wrap). A 10Y at ~5% remains a standing headwind. Rates / dollar / liquidity stays −1. Monday pre-open update (2:10 AM): no new rates or dollar print of substance since the 1:10 AM edition — Hindu BusinessLine's Monday live blog carried the U.S. 10-year at 4.97%, inside the standing early-Monday Reuters range (currency wrap 4.974%, Asia wrap ~5.0%) and a hair under Friday's cross-checked 4.99% close; DXY at 101.64 (Reuters Monday currency wrap) stands. A 10Y at ~5% remains a standing headwind. Rates / dollar / liquidity stays −1. Monday pre-open update (3:10 AM): no new verified 10-year or DXY headline level since the 2:10 AM edition — the early-Monday Reuters range (4.974–5.0%) and DXY 101.64 stand; a Hindu BusinessLine market item (6:56 AM IST) put the U.S. 10-year at 4.97%, inside the standing range. Score unchanged at −1. Monday pre-open update (4:10 AM): no new verified 10-year or DXY headline level since the 3:10 AM edition — the early-Monday Reuters range (10Y 4.974–5.0%, DXY 101.64) stands and the level remains restrictive. Rates / dollar / liquidity stays −1. Monday pre-open update (5:10 AM): Investor's Business Daily's Monday futures read put the 10-year Treasury yield edging down to 4.97% — inside the standing early-Monday Reuters range (currency wrap 4.974%, Asia wrap ~5.0%) and a hair under Friday's cross-checked 4.99% close; no new verified DXY headline level since the 4:10 AM edition, so Reuters' 101.64 stands. A 10Y at ~5% remains a standing headwind. Rates / dollar / liquidity stays −1. Monday pre-open update (6:10 AM): no new verified 10Y or DXY headline level since the 5:10 AM edition — the standing reads stand: 10Y in the 4.97–5.0% early-Monday range (IBD 4.97%; Reuters range 4.974–5.0%) under Friday's cross-checked 4.99% close, DXY 101.64 (Reuters). A 10Y at ~5% remains a standing headwind. Rates / dollar / liquidity stays −1. Monday pre-open update (7:10 AM): no new verified 10Y or DXY headline level since the 6:10 AM edition — the standing reads stand: 10Y in the 4.97–5.0% early-Monday range (IBD 4.97%; Reuters range 4.974–5.0%) under Friday's cross-checked 4.99% close, DXY 101.64 (Reuters). A 10Y at ~5% remains a standing headwind. Rates / dollar / liquidity stays −1. Monday pre-open update (8:10 AM): Investopedia's updated Monday live read put the 10-year Treasury yield down one basis point to 4.99% in recent trading and the dollar index near flat at 101.78 — the DXY print is a touch above the Reuters currency wrap's 101.64 earlier Monday, recorded as a 101.64–101.78 range by timestamp, not a directional move; the 10Y stays pinned at ~4.99%, a standing restrictive headwind under the early-October 5.36% peak. Rates / dollar / liquidity stays −1. Monday pre-open update (9:10 AM): Investopedia's 5 Things pre-open read put the 10-year Treasury yield little-changed at 5.01% recently — a touch above the 4.99% its live blog carried at 8:10 AM, recorded as a 4.99–5.01% morning range by timestamp, not a directional move; the level remains a standing restrictive headwind under the early-October 5.36% peak. No newer verified DXY print since the 8:10 AM range (101.64–101.78). Rates / dollar / liquidity stays −1. Monday first-hour update (10:10 AM): no new verified level in the first hour — the 10-year stands in the 4.99–5.01% morning range by timestamp (Friday close 4.99%, AP cross-checked), a standing restrictive headwind under the early-October 5.36% peak. Saxo's Monday brief noted yields 'each easing this morning' (single-source color, no level printed) — recorded, not scored. No newer verified DXY print since the 101.64–101.78 range. A $69B 2-year Treasury auction is scheduled at 1:00 PM ET today (per the MarketWatch calendar carried in this morning's scan) — ahead, not scored. Rates / dollar / liquidity stays −1. Monday late-morning update (11:10): yields eased a touch — Investopedia's live read puts the 10-year down more than three basis points to below 4.97% in recent trading, and the dollar index 0.2% higher at 101.99 (the Twelve Data UUP quote cross-checks the dollar's direction at +0.17% on the day). That is direction softening at an unchanged level: a 10-year still at ~4.97–5.01% is the same cycle-high headwind this factor has scored all week, and a three-basis-point dip inside the morning's range does not lift it. Rates / dollar / liquidity stays −1. Score unchanged. Monday midday update (12:10 PM): no new verified 10-year level at midday — the yield stands at the 11:10 AM single-source range point (down more than 3bp to below 4.97%, Investopedia) against the morning's verified 4.99–5.01% band: a cycle-high standing headwind, direction mildly easier, level unconfirmed at the new point. The dollar index stands at 101.99 (+0.2%, Investopedia live) and the Twelve Data UUP quote at ~12:15 PM ET (+0.21%) cross-checks the direction. The $69B 2-year auction at 1:00 PM ET is ahead, not scored. Rates / dollar / liquidity stays −1. Monday early-afternoon update (1:10 PM): the 10-year stands inside today's verified range — Asian trade 4.967% (Morningstar/Dow Jones, Tradeweb), European trade 4.987%, and the Motley Fool's 11:31 AM ET read at 5.00% — a cycle-high standing headwind, direction roughly flat on the day; no single new level is asserted over the range. The dollar is a touch firmer: the Twelve Data UUP quote at ~1:15 PM ET is +0.14%, consistent with the morning's DXY prints (101.64–101.99 by timestamp). The 2-year auction result is pending in verified reads (see macro). Rates / dollar / liquidity stays −1.

Source: Post-close market brief, Oct 22, 2026 (10Y 4.953%, −19.3bp); WSJ market wrap, Oct 22, 2026; DTN Oil Update, Oct 22, 2026 (DXY 101.430 at 2:30 PM EDT); Twelve Data (UUP close); CAMS Morning Market Brief, Oct 23, 2026 (10-year 4.978% before the bell — single-source pre-bell quote); Investopedia, Oct 23, 2026 (10-year at 5.01% this morning, up from 4.96% yesterday — single-source morning read); AP, Oct 23, 2026 (10-year edged up to 4.97% in early trading); Investor's Business Daily, Oct 23, 2026 (10-year +2bp to 4.97% just after the open); FastBull wire flash, Oct 23, 2026 (10Y +3.94bp to 4.992% after the Michigan final — single-source); Twelve Data quote, Oct 23, 2026 10:12 AM ET (UUP 28.925, +0.09%); Investor's Business Daily live coverage, Oct 23, 2026 (10-year +3bp to 4.98%); Morningstar / Alliance News London midday, Oct 23, 2026 (US 10-year quoted 4.99%); Twelve Data quote, Oct 23, 2026 11:10 AM ET (UUP 28.935, +0.12%); Twelve Data quote, Oct 23, 2026 12:10 PM ET (UUP +0.12%); CAMS Midday Market Check, Oct 23, 2026 (10-year 4.994%, dollar index +0.15% — 11:48 AM ET snapshot, single-source); Twelve Data quote, Oct 23, 2026 ~2:12 PM ET (UUP 28.915, +0.09%); TradingView News, Oct 23, 2026 (10-year at 5% Friday); Twelve Data closing quote, Oct 23, 2026 (UUP 28.95, +0.17%); Reuters, Oct 26, 2026 (currency markets wrap: 10-year last down to 4.974%, 30-year 5.299%, dollar index a shade weaker at 101.64, euro $1.122); Reuters, Oct 26, 2026 (Asia markets wrap: 10-year yields at 5.0%, off the early-October 5.36% peak); Investopedia, Oct 26, 2026 (updated Monday live read: 10-year Treasury yield down one basis point to 4.99%; U.S. dollar index near flat at 101.78); Investopedia, Oct 26, 2026 (5 Things pre-open read: yield on the 10-year Treasury note little-changed at 5.01%); Investopedia, Oct 26, 2026 (Stock Market Today live: 10-year yield down more than 3bp to below 4.97%; dollar index +0.2% at 101.99); Twelve Data quote, Oct 26, 2026 ~11:12 AM ET (UUP +0.17%); Morningstar / Dow Jones Newswires, Oct 26, 2026 (Asian trade: 10Y fell 2bp to 4.967%, Tradeweb; European trade update: 10Y edged up 0.5bp to 4.987%); Motley Fool midday, Oct 26, 2026 (10-year Treasury yield up to 5.00% as of 11:31 AM ET); Twelve Data quote, Oct 26, 2026 ~1:15 PM ET (UUP +0.14%)

10Y close cross-checked: 4.953% (post-close brief) vs WSJ ('below 5%, ~0.2pp fall, sharpest in >3 years') vs the 1:08 PM 4.97% print — a consistent progression, not a conflict. Overnight the 10-year was quoted at 4.966% (TradingView/Stocktwits overnight note) — essentially flat vs the close, flagged single-source, not scored. DXY 101.43 is SINGLE-SOURCE (DTN) — flagged; it supersedes the stale 101.79 9:31 AM pulse. The superseded 5.15% tape value from the 13:05 edition remains logged in the archive. 06:10 scan: a Friday-morning market note (IC) quoted the 10-year at 4.956% — essentially flat vs the 4.953% close, flagged single-source, not scored; no newer DXY read. 07:10 scan: no newer 10Y or DXY read found — the IC Friday-morning quote (4.956%) remains the latest overnight read, flagged single-source, not scored. 08:10 scan: CAMS morning brief quoted the 10-year at 4.978% before the bell — essentially flat vs the 4.953% close, flagged single-source, not scored; no newer DXY read. 09:10 scan: Investopedia's 5.01% morning read vs CAMS' 4.978% pre-bell read — a ~3bp difference between two single-source morning quotes, flagged as a minor conflict; neither replaces the cross-checked 4.953% close and neither is scored; no newer DXY read. 10:10 update: the intraday 10Y at 4.97% is CROSS-CHECKED (AP early-trading wrap + IBD live coverage, both +2bp vs the 4.953% close) and becomes the headline; the earlier morning single-source reads (CAMS 4.978%, Investopedia 5.01%) bracket it consistently; the FastBull 4.992% post-Michigan flash is single-source, flagged, not blended. No Friday DXY print verified — DXY stays the Thursday DTN single-source read, labeled as such; UUP +0.09% (Twelve Data, 10:12 AM ET) is the Friday dollar proxy. No score change. 11:10 update: the intraday 10Y now reads 4.97–4.99% across AP/IBD (4.97%), IBD live (4.98%) and Morningstar/Alliance London midday (4.99%) — a tight cross-source range, headline 4.98%; Thursday's cross-checked 4.953% close stands. No Friday DXY print verified — DXY stays the Thursday DTN single-source read; UUP +0.12% (Twelve Data, 11:10 AM ET) is the Friday dollar proxy. No score change. 12:10 update: no new cross-checked 10Y print — the 4.97–4.99% intraday range from AP/IBD/Morningstar stands as the headline (4.98%); no Friday DXY print verified — DXY stays the Thursday DTN single-source read; UUP +0.12% (Twelve Data, 12:10 PM ET) is the Friday dollar proxy. No score change. 13:10 update: CAMS' 4.994% midday read is single-source but sits at the top of the cross-checked 4.97–4.99% intraday range (AP/IBD/Morningstar) — consistent, not blended; Thursday's cross-checked 4.953% close stands. No Friday DXY level verified — DXY stays the Thursday DTN single-source read; CAMS' +0.15% midday dollar move is direction only. UUP refresh unavailable (Twelve Data HTTP 429 on the first quote attempt). No score change. 14:10 update: no new cross-checked 10Y print — the 4.97–4.99% intraday range (AP/IBD/Morningstar, CAMS midday 4.994% single-source at its top) stands as the headline (4.99%); Thursday's cross-checked 4.953% close stands. No Friday DXY level verified — DXY stays the Thursday DTN single-source read; UUP +0.09% (Twelve Data, ~2:12 PM ET) is the Friday dollar proxy. No score change. 15:10 scan: no new verified input. No score change. 16:10 update: the Friday 5% headline is TradingView single-source, flagged; it is consistent with the cross-checked intraday range (4.97–4.99%) and is not blended into a false-precision close. UUP's close is a Twelve Data quote. No Friday DXY level verified — recorded as a gap. No score change. 17:10 update: the Friday 10-year close is now cross-checked at 4.99% (AP close wrap, edged up from 4.96% late Thursday) atop the verified 4.97–4.99% intraday range; the single-source TradingView 5.00% headline is superseded as the snapshot value. No score change. 18:10 update: a second evening 10-year read — 5.00% on the Treasury official daily par curve (evening wrap, +4bp) — sits 1bp above AP's cross-checked 4.99% close; recorded as agreement in substance, snapshot unchanged. No Friday DXY level verified at any point today — the gap stands. No score change. 19:10 update: no new verified input after the close; the Friday DXY gap stands into the weekend. No score change. 22:10 update: no new verified input after the close; the Friday DXY gap stands into the weekend. No score change. 23:10 update: no new verified input after the close; the Friday DXY gap stands into the weekend. No score change. 12:10 AM update: the two Reuters wraps bracket the 10-year at 4.974%–5.0% — recorded as a range, consistent with Friday's 4.99% close; no conflict is asserted and neither print moves the score. DXY 101.64 is a Reuters Monday level, superseding the Thursday DTN single-source carry (101.43) as the latest verified dollar read. No score change. 1:10 AM update: no new verified input; the 4.974–5.0% early-Monday Reuters range and DXY 101.64 stand from the 12:10 AM edition. No score change. 2:10 AM update: Hindu BusinessLine's Monday live blog 10Y read (4.97%) sits inside the standing 4.974–5.0% early-Monday Reuters range — no conflict, no new headline level; DXY 101.64 stands. No score change. 3:10 AM update: no new verified input; the 4.974–5.0% early-Monday Reuters range and DXY 101.64 stand from the 12:10 AM edition; Hindu BusinessLine's 4.97% item sits inside the range. No score change. 4:10 AM update: no new verified input; the 4.974–5.0% early-Monday Reuters range and DXY 101.64 stand from the 12:10 AM edition. No score change. 5:10 AM update: IBD's Monday 10Y read (edged down to 4.97%) sits inside the standing 4.974–5.0% early-Monday Reuters range — no conflict, no new headline level; DXY 101.64 stands. No score change. 6:10 AM update: no new verified 10Y/DXY headline level found in the 6:10 AM scan — standing reads (10Y 4.97–5.0% range; DXY 101.64) stand, recorded as no new input. No score change. 7:10 AM update: no new verified 10Y/DXY headline level found in the 7:10 AM scan — standing reads (10Y 4.97–5.0% range; DXY 101.64) stand, recorded as no new input. No score change. 8:10 AM update: 10Y 4.99% (Investopedia updated live read, down 1bp in recent trading — agrees with Friday's AP cross-checked close). DXY: Investopedia recent 101.78 near flat vs Reuters currency wrap 101.64 earlier Monday — recorded as a range by timestamp, not resolved into a move. No score change. 9:10 AM update: 10Y 5.01% (Investopedia 5 Things, little-changed recently) vs 4.99% (Investopedia live blog at 8:10 AM) — recorded as a 4.99–5.01% range by timestamp. DXY: no newer verified print; 101.64–101.78 range stands. No score change. 10:10 AM update: 10Y stands as a 4.99–5.01% range by timestamp (no new verified level this hour); Saxo 'easing this morning' is single-source color without a level. DXY: no newer verified print; 101.64–101.78 range stands. No score change. 11:10 update: the intraday 10Y now reads 4.97–4.99% across AP/IBD (4.97%), IBD live (4.98%) and Morningstar/Alliance London midday (4.99%) — a tight cross-source range, headline 4.98%; Thursday's cross-checked 4.953% close stands. No Friday DXY print verified — DXY stays the Thursday DTN single-source read; UUP +0.12% (Twelve Data, 11:10 AM ET) is the Friday dollar proxy. No score change. 12:10 update: no new cross-checked 10Y print — the 4.97–4.99% intraday range from AP/IBD/Morningstar stands as the headline (4.98%); no Friday DXY print verified — DXY stays the Thursday DTN single-source read; UUP +0.12% (Twelve Data, 12:10 PM ET) is the Friday dollar proxy. No score change. 13:10 update: CAMS' 4.994% midday read is single-source but sits at the top of the cross-checked 4.97–4.99% intraday range (AP/IBD/Morningstar) — consistent, not blended; Thursday's cross-checked 4.953% close stands. No Friday DXY level verified — DXY stays the Thursday DTN single-source read; CAMS' +0.15% midday dollar move is direction only. UUP refresh unavailable (Twelve Data HTTP 429 on the first quote attempt). No score change. 14:10 update: no new cross-checked 10Y print — the 4.97–4.99% intraday range (AP/IBD/Morningstar, CAMS midday 4.994% single-source at its top) stands as the headline (4.99%); Thursday's cross-checked 4.953% close stands. No Friday DXY level verified — DXY stays the Thursday DTN single-source read; UUP +0.09% (Twelve Data, ~2:12 PM ET) is the Friday dollar proxy. No score change. 15:10 scan: no new verified input. No score change. 16:10 update: the Friday 5% headline is TradingView single-source, flagged; it is consistent with the cross-checked intraday range (4.97–4.99%) and is not blended into a false-precision close. UUP's close is a Twelve Data quote. No Friday DXY level verified — recorded as a gap. No score change. 17:10 update: the Friday 10-year close is now cross-checked at 4.99% (AP close wrap, edged up from 4.96% late Thursday) atop the verified 4.97–4.99% intraday range; the single-source TradingView 5.00% headline is superseded as the snapshot value. No score change. 18:10 update: a second evening 10-year read — 5.00% on the Treasury official daily par curve (evening wrap, +4bp) — sits 1bp above AP's cross-checked 4.99% close; recorded as agreement in substance, snapshot unchanged. No Friday DXY level verified at any point today — the gap stands. No score change. 19:10 update: no new verified input after the close; the Friday DXY gap stands into the weekend. No score change. 22:10 update: no new verified input after the close; the Friday DXY gap stands into the weekend. No score change. 23:10 update: no new verified input after the close; the Friday DXY gap stands into the weekend. No score change. 12:10 AM update: the two Reuters wraps bracket the 10-year at 4.974%–5.0% — recorded as a range, consistent with Friday's 4.99% close; no conflict is asserted and neither print moves the score. DXY 101.64 is a Reuters Monday level, superseding the Thursday DTN single-source carry (101.43) as the latest verified dollar read. No score change. 1:10 AM update: no new verified input; the 4.974–5.0% early-Monday Reuters range and DXY 101.64 stand from the 12:10 AM edition. No score change. 2:10 AM update: Hindu BusinessLine's Monday live blog 10Y read (4.97%) sits inside the standing 4.974–5.0% early-Monday Reuters range — no conflict, no new headline level; DXY 101.64 stands. No score change. 3:10 AM update: no new verified input; the 4.974–5.0% early-Monday Reuters range and DXY 101.64 stand from the 12:10 AM edition; Hindu BusinessLine's 4.97% item sits inside the range. No score change. 4:10 AM update: no new verified input; the 4.974–5.0% early-Monday Reuters range and DXY 101.64 stand from the 12:10 AM edition. No score change. 5:10 AM update: IBD's Monday 10Y read (edged down to 4.97%) sits inside the standing 4.974–5.0% early-Monday Reuters range — no conflict, no new headline level; DXY 101.64 stands. No score change. 6:10 AM update: no new verified 10Y/DXY headline level found in the 6:10 AM scan — standing reads (10Y 4.97–5.0% range; DXY 101.64) stand, recorded as no new input. No score change. 7:10 AM update: no new verified 10Y/DXY headline level found in the 7:10 AM scan — standing reads (10Y 4.97–5.0% range; DXY 101.64) stand, recorded as no new input. No score change. 8:10 AM update: 10Y 4.99% (Investopedia updated live read, down 1bp in recent trading — agrees with Friday's AP cross-checked close). DXY: Investopedia recent 101.78 near flat vs Reuters currency wrap 101.64 earlier Monday — recorded as a range by timestamp, not resolved into a move. No score change. 9:10 AM update: 10Y 5.01% (Investopedia 5 Things, little-changed recently) vs 4.99% (Investopedia live blog at 8:10 AM) — recorded as a 4.99–5.01% range by timestamp. DXY: no newer verified print; 101.64–101.78 range stands. No score change. 10:10 AM update: 10Y stands as a 4.99–5.01% range by timestamp (no new verified level this hour); Saxo 'easing this morning' is single-source color without a level. DXY: no newer verified print; 101.64–101.78 range stands. No score change. 11:10 update: the sub-4.97% 10-year read is single-source (Investopedia live) and is recorded as a range point against the morning's verified 4.99–5.01% band, not a new level; the dollar's firmer tone is cross-checked (Investopedia DXY 101.99 +0.2%; Twelve Data UUP +0.17%). Level still scores the factor. No score change. 12:10 PM update: 10Y — no new verified level this hour (the below-4.97% point remains single-source against the verified 4.99–5.01% morning band). DXY 101.99 (Investopedia) direction cross-checked by the Twelve Data UUP quote (+0.21% at ~12:15 PM ET). No score change. 1:10 PM update: 10Y recorded as today's verified range 4.967–5.00% (Morningstar/Dow Jones Tradeweb Asian 4.967% and European 4.987%; Motley Fool 11:31 AM ET 5.00%) — no single point asserted. DXY direction cross-checked by the Twelve Data UUP quote (+0.14% at ~1:15 PM ET). No score change.

Settlements still confirm the shock — and overnight futures are holding it essentially flat: WTI (Dec) settled $99.47, +2.39% (session high $100.17 — third straight touch of triple digits) and Brent (Dec) settled $113.17, +4.00% (high $113.47, a peak since late April), after Houthi strikes on Saudi energy infrastructure (Shaybah field, Dammam airport), IRGC claims of tanker strikes near Hormuz, a U.S. diplomatic drawdown from Saudi Arabia, and reported U.S./Israeli planning for post-midterm strikes on Iran. Reuters' early-Asia Friday read (00:30 GMT) has Brent at $112.96, −0.2% — flat against the settle; its WTI figure ($98.12 on a stated −0.3% move) does not reconcile with the $99.47 settle and is flagged in the data notes, not used. The same Reuters piece adds two Thursday supply items inside the same escalation complex: Saudi Aramco ordered the evacuation of its Dhahran headquarters, and a Libyan pipeline valve shutdown (Hamada/Tahara fields to Zawiya port) cut production there (Reuters via National Oil Corporation). A later Asia print ticks oil slightly HIGHER, not lower: the Hindu BusinessLine live blog at 9:31 AM IST Friday (12:01 AM ET) put December Brent at $113.64, +0.42%, and December WTI at $100.06, +0.59% — single-source and ~3½ hours after the Reuters 00:30 GMT read, so the two do not conflict; Livemint's Friday read (Brent near $113, WTI held above $99, Brent ~+3% on the week) is consistent. Livemint also carried President Trump's Thursday White House remarks that the U.S. has 'knocked out' Iran and threatened to go 'a little bit further' — Thursday comments inside the same escalation complex. No new post-midnight escalation or de-escalation verified. An oil shock at these levels is simultaneously an inflation impulse and a consumer tax — still the dominant driver, override stays on. A newer Reuters read then superseded the early one: at 04:39 GMT Friday (12:39 AM ET) Reuters put Brent at $113.75, +0.5%, and WTI at $100.13, +0.7% — oil ticking higher again in Asia, not easing — and TipRanks' overnight note (Brent $113.98, +0.67%; WTI $100.37, +0.89%) is consistent. That later Reuters WTI print also settles the flagged $98.12 figure from the 00:30 GMT piece: Reuters' own updated read is ~$100, in line with the settlements plus the uptick — the $98.12 print is superseded and not used. A still newer Reuters read then superseded that one as well: at 06:39 GMT Friday (2:39 AM ET) Reuters put Brent at $114.47, +1.2%, and WTI at $100.84, +1.4% — oil rising more than 1% on Friday as supply concern lingers, with ING analysts noting a sizeable geopolitical risk premium is likely to stay embedded. That is a further uptick from the settlements, not an easing — the −2 and the override are unchanged. A 06:10 scan found no newer Reuters oil read — the 06:39 GMT read remains the latest futures print; settlements remain the headline values and the −2 / override is unchanged. A 07:10 scan found no newer Reuters oil read and no new post-midnight escalation or de-escalation verified. An 08:10 scan found no newer Reuters oil read and no new post-midnight escalation or de-escalation verified; CAMS' Friday morning brief put WTI up 1.57% at $101.03 and Brent at $114.32 — consistent with the Reuters 06:39 GMT uptick ($100.84 / $114.47), single-source morning-brief values, flagged and not blended; settlements remain the headline values and the −2 / override is unchanged. A 09:10 scan found no newer Reuters oil read and no new escalation or de-escalation verified; Investopedia put WTI up 1.6% recently at $101.10 — consistent with CAMS' $101.03 morning-brief read and the Reuters 06:39 GMT uptick; settlements remain the headline values and the −2 / override is unchanged. Friday session update (10:10): a NEWER Reuters read (13:00 GMT = 9:00 AM ET) puts Brent at $114.99 (+1.5%) after touching $115.16 — its highest since May 4 — and WTI at $101.27 (+1.8%); AP's early-trading wrap agrees (Brent +1.8% to just above $115, WTI $101.22). Reuters adds a new Friday supply item inside the same complex: UAE authorities reported an oil spill from a tanker off Umm Al Quwain (cause and tanker not identified). Later wire flashes pushed higher still (Brent through $116, +2.53%; WTI $102.46, +3.0% — single-source flashes, flagged, not blended). Headline values on this page are now the Reuters 9:00 AM ET prints ($114.99 / $101.27); the Thursday settlements ($113.17 / $99.47) stay in the record. Oil is making new highs inside the session — the −2 and the shock override stay. Friday late-morning update (11:10): oil pushed higher again — Anadolu's wire report put Brent at $116.20 (+2.7%) and WTI at $102.50 (+3.0%) as of 09:50 AM ET, with Brent at its highest since June 2022 on fears of renewed U.S. strikes on Iran; IBD's live coverage has WTI up nearly 3% to ~$102.35 and adds a new escalation headline: Iran warned that renewed U.S./Israeli strikes would trigger a wider response targeting airports, oil pipelines and other Gulf infrastructure (WSJ-reported). Headline values move to the Anadolu prints ($116.20 / $102.50); the −2 and the shock override stay. Friday midday update (12:10): oil is holding its highs, not easing — the NY Post's midday wrap (prices as of ~10:40 AM ET) puts Brent at $116.24 (+2.7%) and WTI at $102.40 (+2.9%), corroborating the Anadolu 09:50 AM ET prints ($116.20 / $102.50); a Finnhub Brent spot read printed $117.02 (intraday high $117.51) — a CFD spot quote, higher than the futures prints, flagged and not blended. A new headline inside the same complex: U.S. envoy Mike Waltz warned the Iran confrontation could drag on for another year (Invezz, 11:44 AM ET). Headline values stay at $116.20 / $102.50; the −2 and the shock override stay. Friday early-afternoon update (13:10): oil extended to new highs at midday, still not easing. CAMS' Midday Market Check (11:48 AM ET snapshot) put WTI at $102.96 (+3.51%) and Brent at $116.99; the Guardian reported Brent rose about 3.5% on Friday to pass $117 a barrel at one point — its highest in more than six months — with Tehran threatening retaliatory attacks on Gulf refineries and data centres; a Stocktwits market note at 11:58 AM ET put December Brent at $116.15 (+2.63%) and WTI at $102.40 (+2.95%), with the USO oil fund at an 11-year high, and carried Iran army chief Maj. Gen. Amir Hatami's statement that the military is fully prepared for 'asymmetric warfare' amid speculation of renewed U.S. strikes, plus Citi and UBS warnings that the Hormuz shipment rebound may not last. Headline values move to the CAMS midday prints ($116.99 / $102.96), corroborated in direction and range by the Anadolu ($116.20 / $102.50), NY Post ($116.24 / $102.40) and Stocktwits ($116.15 / $102.40) reads. The −2 and the shock override stay. Friday mid-afternoon update (14:10): oil eased slightly off the midday highs but is not easing in any way that matters — Reuters' afternoon read put Brent at $116.27 (+2.74%) and U.S. crude at $102.02 (+2.56%), with Houthi attacks in Saudi Arabia and the UAE tanker oil spill still the cited supply risks; a Finnhub Brent spot snapshot printed $116.45 with an intraday high of $117.51 (CFD spot, flagged, not blended). Headline values move to the Reuters afternoon prints ($116.27 / $102.02); the CAMS midday prints ($116.99 / $102.96) stand as the midday high-water mark. Brent remains at its highest in over five months and WTI above $100 — the −2 and the shock override stay. Friday final-hour update (15:10): no newer major-source oil read verified this hour — the Reuters afternoon prints (Brent $116.27 +2.74% / WTI $102.02 +2.56%) remain the headline, with Brent at its highest in over five months and WTI above $100. The −2 and the shock override stay. Friday close update (16:10): oil SETTLED higher — WTI for December delivery settled at $103.27, +3.8%, and Brent for December settled at $116.72, +3.1% (Bloomberg), with Brent finishing the week at its highest since April, up more than 6% on the week, as Houthi claims of attacks on the Saudi Red Sea port of Yanbu and weekend escalation fears kept traders unwilling to hold shorts into the weekend. A lower-tier close series (EL7) prints Brent $117.26 / WTI $103.13 — close to, but not equal to, the Bloomberg settlements; the Bloomberg settle is the headline and the difference is flagged in the verification line. Brent above $116 and WTI above $103 at the settle: the −2 and the shock override stay into the weekend. Friday post-close update (17:10): AP's close wrap cross-checks the settlement — Brent rose 3.1% to settle at $116.72, at its highest since June 2022 (Bloomberg's 16:10 characterization said highest since April; the settle price agrees across both, the 'highest since' phrasing differs and is flagged, not resolved). No post-close de-escalation verified; energy & geopolitics stays −2 and the shock override stays on into the weekend. Friday evening update (18:10): the settlements are re-confirmed into the evening — a weekly oil review (Price of Oil, sent Oct 23) puts Friday's December settlements at Brent $116.72 (+6.2% on the week) and WTI $103.27, with Brent touching $117.45 intraday, its highest since April 30, and notes Gulf exports actually beat pre-war levels last week while prices rose anyway — the market is pricing the reported post-November 3 U.S./Israeli strike plans, not current flows. No post-close escalation or de-escalation was verified in the major-source scan. Energy & geopolitics stays −2 and the shock override stays on into the weekend. Friday late-evening update (19:10): the 7:10 PM ET major-source scan found no post-close escalation or de-escalation — the settlements stand (Brent $116.72, WTI $103.27) and the market goes into the weekend pricing the reported post-November 3 U.S./Israeli strike plans. Energy & geopolitics stays −2 and the shock override stays on into the weekend. Friday night update (20:10): no post-close escalation or de-escalation verified in the major-source scan — the settlements stand (Brent $116.72, WTI $103.27) and the market goes into the weekend pricing the reported post-November 3 strike plans. Energy & geopolitics stays −2 and the shock override stays on into the weekend. Friday late-night update (21:10): no post-close escalation or de-escalation verified in the major-source scan — the settlements stand (Brent $116.72, WTI $103.27) and the market goes into the weekend pricing the reported post-November 3 strike plans. Energy & geopolitics stays −2 and the shock override stays on into the weekend. Friday late-night update (22:10): no post-close escalation or de-escalation verified in the major-source scan — the settlements stand (Brent $116.72, WTI $103.27) and the market goes into the weekend pricing the reported post-November 3 strike plans. Energy & geopolitics stays −2 and the shock override stays on into the weekend. Friday late-night update (23:10): the 11:10 PM scan surfaces one Friday item not named in earlier editions — Reuters reported Trump said at a Florida rally on Friday, 'We may do another little Epic Fury,' with no elaboration; the same Reuters piece notes he said earlier this month that the U.S. would not launch an attack on Iran before the midterm elections. That is rhetoric inside the already-scored escalation complex, not a new strike, supply loss, or de-escalation, and oil settlements are unchanged (Brent $116.72, WTI $103.27). Energy & geopolitics stays −2 and the shock override stays on into the weekend. Monday pre-open update (12:10 AM): oil EASED in early Monday trading but stayed at shock levels. Reuters' time-stamped prints: Brent $115.16 (−1.34%) and WTI $101.67 (−1.55%) at 0018 GMT, then Brent $114.60 (−1.82%) and WTI $101.13 (−2.07%) at 0232 GMT; Reuters' Asia wrap put Brent −1.0% at $115.48 and U.S. crude −1.1% at $102.08 — an early range of $114.60–$115.48 / $101.13–$102.08 against Friday's settles of $116.72 / $103.27, every print recorded and none singled out. The weekend's supply risk did NOT clear: the Houthis said they attacked a Saudi airport and oil facilities on Saturday, Saudi Arabia said on Sunday it had intercepted more missiles and drones and restarted partial operations at its main airport, and the group vowed to keep targeting the facility (Reuters). De-escalation signals ran the other way: President Trump told reporters on Sunday 'there will not be a strike (on Iran) today,' Qatari mediators were in Tehran on Sunday as part of a U.S.-coordinated de-escalation effort (Reuters), and CENTCOM said primary Hormuz transit routes remain free and clear of Iranian sea mines. Net: a ~2% pullback from near-six-month highs with attacks continuing — the premium is dented, not unwound. Energy stays −2 and the shock override stays ON; a Monday session that holds the lower levels with no new supply hit is the condition that brings this factor off ±2 in a later edition. Monday pre-open update (1:10 AM) — NEW CLAIM, premium not unwound: Reuters reported Monday that the Houthis said they had attacked Saudi Arabia's East-West crude oil pumping stations and Riyadh airport, with no immediate Saudi confirmation; the Saudi-led coalition said earlier it had destroyed two ballistic missile launchers in Sanaa, including one used to fire a missile toward Riyadh that it said it intercepted (Reuters, Oct 26, 2026 — claim and coalition statement both recorded; the attack itself is unconfirmed by Saudi Arabia). Oil eased a touch further on the latest print: a Monday-morning Hindu BusinessLine market read (10:03 AM IST) put December Brent at $114.48 (−1.92%) and December WTI at $101.01 (−2.19%) vs Friday's settles ($116.72 / $103.27) — a later, single-source futures print in the same easing direction as Reuters' 0018–0232 GMT prints, not a reversal. Also now named: President Trump's Sunday Fox News interview (Bloomberg, Oct 25) — it is 'getting to be decision time' on whether to make a deal with Tehran or 'finish it off' — rhetoric inside the already-scored escalation complex, consistent with his later Sunday remark that there would be no strike that day. The supply premium is dented by the easing futures, not unwound while attacks on Saudi energy infrastructure are still being claimed Monday. Energy & geopolitics stays −2 and the shock override stays on. Monday pre-open update (2:10 AM): no new escalation and still NO Saudi confirmation — the Reuters East-West pumping stations / Riyadh airport piece (03:48 GMT) remains the latest word on the Monday claim, and nothing in the 2:10 AM major-source scan supersedes it. Oil futures remain in the easing range established overnight: TipRanks at the time of writing had Brent $114.53 (−1.88%) and WTI $101.06 (−2.14%), and Hindu BusinessLine's live blog later carried Brent futures at $114.67 — both inside the $114.48–$115.48 / $101.01–$102.08 band already on this page. One print is FLAGGED and not used: AP's Asia wrap (via Hindu BusinessLine) put Brent at $110.23, 'down 1.3%' — a 1.3% fall from Friday's $116.72 settle is ~$115.20, and Reuters' time-stamped prints put Brent at $114.60 at 0232 GMT, so the $110.23 figure conflicts with both its own percentage and the verified series. The supply premium is dented by the easing futures, not unwound while attacks on Saudi energy infrastructure are still being claimed. Energy & geopolitics stays −2 and the shock override stays on. Monday pre-open update (3:10 AM): still NO Saudi confirmation of the Houthis' claimed Monday attacks on the East-West pumping stations and Riyadh airport in the 3:10 AM scan — the Reuters claim piece (03:48 GMT) remains the latest word, and the claim is still not treated as a confirmed supply loss. Oil prints stayed inside the overnight futures band already published ($114.48–$115.48 Brent / $101.01–$102.08 WTI): the latest prints in the scan (Hindu BusinessLine market item, 6:56 AM IST: Brent $115.41, WTI $101.77) sit inside that band; headline settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). No score change — energy stays −2, override on. Monday pre-open update (4:10 AM): still NO Saudi confirmation of the Houthis' claimed Monday attacks on the East-West pumping stations and Riyadh airport in the 4:10 AM scan — the Reuters claim piece remains the latest word. One newer Reuters oil timestamp: a Reuters wire summary at 0426 GMT put Brent futures at $114.51 (−1.89%) and WTI at $101.04 (−2.16%) — inside the overnight band already published ($114.48–$115.48 Brent / $101.01–$102.08 WTI) — with the morning's easing linked to hopes of a pause after Qatari mediators traveled to Tehran on Sunday; a Reuters-quoted analyst cautioned the calm 'may be temporary' and another described the move as position adjustment rather than an improved supply outlook. Attacks continued and Strait of Hormuz navigation concerns remain, so the premium is dented, not unwound. Energy & geopolitics stays −2 and the shock override stays on. Monday pre-open update (5:10 AM): no new escalation and still NO Saudi confirmation — Reuters' Asia wrap states the Houthis said on Monday they had attacked Saudi Arabia's East-West crude oil pumping stations and Riyadh airport, 'but there was no immediate confirmation from Riyadh,' and nothing in the 5:10 AM major-source scan supersedes that. No newer Reuters oil timestamp than the 0426 GMT print already on this page (Brent $114.51 −1.89%, WTI $101.04 −2.16%) was found in the 5:10 AM scan; Investor's Business Daily's Monday read (crude futures fell 2%) is consistent with that level. The supply premium is dented by the easing futures, not unwound while attacks on Saudi energy infrastructure are still being claimed. Energy & geopolitics stays −2 and the shock override stays on. Monday pre-open update (6:10 AM): oil eased a touch further and still NO Saudi confirmation of the Houthis' claimed Monday attacks was found in the 6:10 AM major-source scan. TipRanks' Monday update, at its time of writing, put Brent down 2.04% at $114.34 and WTI down 2.44% at $100.75 — just below the Reuters 0426 GMT prints already on this page (Brent $114.51 / WTI $101.04), same direction, no conflict. Reuters' Monday futures piece attributes the sentiment lift to crude retreating from last week's surge. The premium is dented further, not unwound: Brent remains ~$114, attacks on Saudi facilities are still being claimed, and no confirmed supply loss has been removed either. Energy & geopolitics stays −2 and the shock override stays on. Monday pre-open update (7:10 AM): a NEW Reuters piece (published within the last hour) quantifies the disruption the attacks have already caused: about 86% of scheduled flights at Riyadh's King Khalid International Airport — 4,071 of 4,736 — were cancelled between Oct 8 and Oct 25 (Cirium data), Saudi airports nationwide saw more than 7,800 cancellations (45% of departures), Riyadh airport partially reopened Sunday after a halt since Oct 10, international airlines are suspending services to the Saudi capital into November, Delta has postponed its Riyadh route launch until next year, and Saudi Arabia's marquee investment conference is among the events disrupted. The Houthis said they attacked Riyadh's airport again on Monday; there is STILL no Saudi confirmation of the claimed Monday attacks on the East-West pumping stations, and no newer oil print than the Reuters 0426 GMT / TipRanks prints already on this page (Brent ~$114.34–$114.51, WTI ~$100.75–$101.04). The premium is dented, not unwound, and the attack campaign's footprint is widening, not shrinking. Energy & geopolitics stays −2 and the shock override stays on. Monday pre-open update (8:10 AM): oil eased a touch further in the newest prints but the band is unbroken. Investopedia's updated live read put WTI down roughly 2% to ~$101.20 and Brent down 1.5% to $115 in recent trading; Dow Jones Newswires (05:35 AM ET, via Morningstar) put December Brent down 2% to $114.40 and December WTI down 2.5% while holding above $100; Reuters' FTSE wrap (~11:18 GMT) had Brent over $114, retreated more than 1%, partly on Qatari-mediation / US–Iran de-escalation hopes. The working band is now Brent ~$114.40–$115.00, WTI ~$100.75–$101.20. There is STILL no Saudi confirmation of the Houthis' claimed Monday attacks on the East-West pumping stations (the Reuters claim piece remains the latest word), and the confirmed disruption footprint from the 7:10 AM Reuters aviation piece stands. The premium is dented further, not unwound: Brent remains ~$114–115, near six-month highs. Energy & geopolitics stays −2 and the shock override stays on. Monday pre-open update (9:10 AM): no newer Reuters oil print since the 8:10 AM edition in the 9:10 AM scan — Investopedia's 5 Things read put WTI down 2% recently at $101.10, inside the standing working band (Brent ~$114.40–$115.00 / WTI ~$100.75–$101.20); headline settles unchanged (Brent $116.72 / WTI $103.27, Friday). There is STILL no Saudi confirmation of the Houthis' claimed Monday attacks on the East-West pumping stations (the Reuters claim piece remains the latest word), and the confirmed disruption footprint from the 7:10 AM Reuters aviation piece stands. The premium is dented, not unwound: Brent remains ~$114–115, near six-month highs. Energy & geopolitics stays −2 and the shock override stays on. Monday first-hour update (10:10 AM): A NEWER REUTERS OIL PRINT — the London wrap (0959 GMT) put Brent futures at $114.82 (−1.63%) and WTI at $101.19 (−2.0%), extending Monday's easing from Friday's settles ($116.72 / $103.27). De-escalation efforts are live: Qatari mediators traveled to Tehran on Sunday, and officials from Mecca Pact countries (Saudi Arabia, Turkey, Pakistan) are set to meet Iran's leaders in Tehran on Monday, per Reuters. BUT the attacks continued over the weekend — the Houthis said they struck pumping stations on Saudi Arabia's East-West crude pipeline and Riyadh airport; Saudi Arabia said on Sunday it had intercepted more missiles and drones; there is STILL no confirmation of damage to the pumping stations — and PVM's John Evans warned Brent dips 'will find grateful buyers' with the jeopardy doubled by the Houthi attacks. The premium is dented further, not unwound: Brent ~$114.82 remains near six-month highs. Energy & geopolitics stays −2 and the shock override stays on. Monday late-morning update (11:10): the easing extended a touch further — Investopedia's live read puts WTI down 2.3% at $100.85 and Brent down 1.5% at $115 in recent trading, with Brent still near its highest since late April. The 11:10 AM major-source scan found no new escalation headline and no verified outcome from the Tehran mediation or the Mecca Pact meeting, and still no Saudi confirmation of damage to the East-West pipeline pumping stations. The shape is unchanged: the premium keeps denting (~−2% on the day) but Brent holds ~$115, within ~1.5% of Friday's six-month-high settle — dented, not unwound. Energy & geopolitics stays −2 and the shock override stays ON. Score unchanged. Monday midday update (12:10 PM): no newer verified oil print since the late-morning reads — Reuters' London wrap (0959 GMT: Brent $114.82, −1.63%; WTI $101.19, −2.0%) and Investopedia's recent trading (Brent ~$115, −1.5%; WTI $100.85, −2.3%) stand as the verified midday levels. FLAGGED, NOT USED: a low-tier live blog claimed Brent futures fell below $110 at midday — that conflicts with both verified prints (~$115) and is recorded as an unverified claim only; it does not move the score. The substance is unchanged: mediation is live in Tehran today (Qatari mediators Sunday; Mecca Pact officials meeting Iran's leaders Monday) with nothing agreed, Houthi attacks on Saudi facilities continued over the weekend with East-West pumping-station damage still unconfirmed, and Brent holds near six-month highs. Energy & geopolitics stays −2 and the shock override stays on. Monday early-afternoon update (1:10 PM): a NEWER verified Reuters print has landed — the New York update at 10:37 AM ET put Brent at $114.70 (−1.7%) and WTI at $100.71 (−2.5%), a touch below the London wrap (0959 GMT: Brent $114.82 / WTI $101.19) — the easing extends slightly, but Brent still holds near six-month highs and the premium is dented, not unwound. Mediation is live in Tehran today (Qatari mediators Sunday; Saudi, Turkish and Pakistani officials meeting Iran's leaders Monday) with nothing agreed; Houthi attacks on Saudi facilities continued over the weekend and East-West pumping-station damage remains unconfirmed. Energy & geopolitics stays −2 and the shock override stays on.

Source: DTN Oil Update, Oct 22, 2026, 3:00 PM CDT (settlements: WTI $99.47 +2.39%, Brent $113.17 +4.00%); Bloomberg via RigZone, Oct 22, 2026 (Brent settled ~$113, +4%; WTI closed above $99); NY Post market wrap (Brent $113.17, WTI $99.47); Reuters, Oct 23, 2026, 00:30 GMT (early-Asia: Brent $112.96, −0.2%; WTI figure flagged — see verification); Hindu BusinessLine market live blog, Oct 23, 2026, 9:31 AM IST (Dec Brent $113.64 +0.42%, Dec WTI $100.06 +0.59% — single-source late-Asia print); Livemint, Oct 23, 2026 (Brent near $113, WTI above $99; Trump Thursday remarks); Hindu BusinessLine, Oct 23, 2026 (Brent tops $113 on fresh U.S.-strike fears; repeats Trump's Thursday Truth Social post); Stocktwits, Oct 22, 2026 1:01 PM EDT (Trump accused Iran of fabricating Hormuz hits/mines to lift oil prices — Thursday item); Reuters, Oct 23, 2026, 04:39 GMT (later Friday update: Brent $113.75 +0.5%, WTI $100.13 +0.7%); TipRanks overnight note, Oct 23, 2026 (Brent $113.98 +0.67%, WTI $100.37 +0.89%); Reuters, Oct 23, 2026, 06:39 GMT (latest Friday update: Brent $114.47 +1.2%, WTI $100.84 +1.4%; ING note on Gulf re-escalation risk premium); CAMS Morning Market Brief, Oct 23, 2026 (WTI $101.03, +1.57%; Brent $114.32 — Friday morning brief, single-source); Investopedia, Oct 23, 2026 (WTI oil futures up 1.6% recently at $101.10 per barrel); Reuters via Euronext Live, Oct 23, 2026 13:00 GMT (Brent $114.99 +1.5%, intraday high $115.16 — highest since May 4; WTI $101.27 +1.8%; UAE oil spill off Umm Al Quwain reported Friday); AP, Oct 23, 2026 (Brent +1.8% to just above $115, highest since March in AP's framing; WTI $101.22 +1.8%); FastBull wire flashes, Oct 23, 2026 (Brent through $116 +2.53%, WTI $102.46 +3.0% — single-source, flagged); Anadolu Agency wire, Oct 23, 2026 (Brent $116.20 +2.7% as of 13:50 GMT = 09:50 AM ET, highest since June 2022; WTI $102.50 +3.04%, five-week high); Investor's Business Daily live coverage, Oct 23, 2026 (WTI up nearly 3% to ~$102.35; Iran warned renewed U.S./Israel strikes would set off a wider response targeting airports, oil pipelines and Gulf infrastructure — WSJ-reported); NY Post, Oct 23, 2026 (midday wrap: Brent $116.24 +2.7%, WTI $102.40 +2.9% as of ~10:40 AM ET; Dow −702 pts); Invezz, Oct 23, 2026 11:44 AM ET (Brent above $116; U.S. envoy Mike Waltz warned the Iran confrontation could drag on for another year); Finnhub BCO/USD spot snapshot, Oct 23, 2026 ~12:10 PM ET (Brent spot $117.02, intraday high $117.51 — CFD quote, flagged, not blended); CAMS Midday Market Check, Oct 23, 2026 (WTI $102.96 +3.51%, Brent $116.99 — 11:48 AM ET snapshot); The Guardian via World Right Now, Oct 23, 2026 (Brent +~3.5% Friday, through $117 at one point — highest in more than six months; Tehran threatened retaliatory attacks on Gulf refineries and data centres); Stocktwits market note, Oct 23, 2026 11:58 AM ET (December Brent $116.15 +2.63%, WTI $102.40 +2.95%; USO at an 11-year high; Iran army chief Hatami 'asymmetric warfare' statement; Citi/UBS Hormuz warnings); Reuters via Euronext Live, Oct 23, 2026 (afternoon: Brent $116.27 +2.74%, U.S. crude $102.02 +2.56%; Houthi attacks in Saudi Arabia, UAE tanker oil spill); Finnhub BCO/USD spot snapshot, Oct 23, 2026 ~2:10 PM ET (Brent spot $116.45, intraday high $117.51 — CFD quote, flagged, not blended); Bloomberg via Rigzone, Oct 23, 2026 4:06 PM ET (WTI December settled $103.27, +3.8%; Brent December settled $116.72, +3.1% — highest since April, week up >6%; Houthi Yanbu claims, weekend escalation fears); EL7 daily close series, Oct 23, 2026 (Brent $117.26 / WTI $103.13 — conflicts slightly with the Bloomberg settlements, flagged); Reuters, Oct 23, 2026 (Trump says US may do another military operation against Iran: 'We may do another little Epic Fury' at a Florida rally Friday, no elaboration; earlier this month he said the U.S. would not launch an attack on Iran before the midterm elections); Reuters, Oct 26, 2026 via Hindu BusinessLine (oil slips from six-month highs: WTI $101.67 −1.55% and Brent $115.16 −1.34% at 0018 GMT; Houthis attacked Saudi airport and oil facilities Saturday; Saudi Arabia intercepted more missiles and drones Sunday and restarted partial airport operations); Reuters, Oct 26, 2026 (Asia wrap: Brent −1.0% to $115.48 on the Qatari-mediator de-escalation report; U.S. crude −1.1% to $102.08); Reuters early-trading note, Oct 25, 2026 23:15 GMT (WTI $102.28 −0.96%, Brent $115.79 −0.8%); Reuters prints at 0232 GMT via republication (Brent $114.60 −1.82%, WTI $101.13 −2.07%); Stocktwits/TradingView late-Sunday wrap, Oct 25, 2026 (Brent $114.85 −1.60%, WTI $101.28 ~−2%; Trump: 'there will not be a strike (on Iran) today'; CENTCOM Hormuz transit statement, Oct 25); Reuters, Oct 26, 2026 (Houthis say they attacked East-West oil pumping stations and Riyadh airport — no Saudi confirmation; coalition destroyed two ballistic missile launchers in Sanaa, intercepted a missile toward Riyadh — full text read); Hindu BusinessLine, Oct 26, 2026 (Monday-morning oil print at 10:03 AM IST: Brent $114.48 −1.92%, WTI $101.01 −2.19%); Bloomberg via Bloomberg Law, Oct 25, 2026 19:34 UTC (Trump Fox News 'decision time' on Iran); TipRanks, Oct 26, 2026 (Brent $114.53 −1.88%, WTI $101.06 −2.14% at writing); Hindu BusinessLine live blog, Oct 26, 2026 (Brent futures fell $2.05 to $114.67 item; AP Asia wrap's Brent $110.23 print flagged — conflicts with Reuters 0232 GMT $114.60 and with its own −1.3% change, not used); Reuters oil summary at 0426 GMT Mon, Oct 26, 2026, via wire republication (Brent $114.51, −1.89%; WTI $101.04, −2.16%; Qatari mediators in Tehran Sunday cited for de-escalation hopes; analyst caution that the calm may be temporary); Reuters Asia markets wrap, Oct 26, 2026, via wire republication (Houthis said Monday they attacked the East-West pumping stations and Riyadh airport, 'but there was no immediate confirmation from Riyadh'); Investor's Business Daily, Oct 26, 2026 (crude oil futures fell 2% early Monday); TipRanks, Oct 26, 2026 updated 5:31 AM EDT (Brent down 2.04% to $114.34, WTI down 2.44% to $100.75 at writing; Houthi strikes continued over the weekend on Riyadh airport and oil facilities); Reuters, Oct 26, 2026 05:19 AM ET (crude retreated from last week's surge, lifting sentiment); Reuters, Oct 26, 2026 (How Houthi attacks have grounded flights across Saudi Arabia: ~86% of Riyadh King Khalid flights cancelled Oct 8–25 — 4,071 of 4,736, Cirium; >7,800 cancellations / 45% of Saudi departures; airport partially reopened Sunday after a halt since Oct 10; Houthis said they attacked Riyadh airport again Monday; international airlines suspending into November; Delta postponed its Riyadh route launch until next year; Saudi investment conference disrupted); Investopedia, Oct 26, 2026 (updated Monday live read: WTI futures down roughly 2% to $101.20, Brent down 1.5% to $115, near highest since late April); Dow Jones Newswires via Morningstar, Oct 26, 2026 05:35 ET (Brent December −2% to $114.40, WTI December −2.5% but held above $100; Trump told Fox News Sunday it is nearing decision time on Iran); Reuters, Oct 26, 2026 (FTSE wrap ~11:18 GMT: Brent over $114, retreated over 1% on hopes of easing US–Iran hostilities); Investopedia, Oct 26, 2026 (5 Things pre-open read: WTI oil futures down 2% recently at $101.10 per barrel); Reuters via Euronext Live, Oct 26, 2026 (London wrap, 0959 GMT: Brent futures $114.82, −1.63%; WTI $101.19, −2.0%; Qatari mediators traveled to Tehran Sunday; Mecca Pact officials — Saudi Arabia, Turkey, Pakistan — set to meet Iran's leaders in Tehran Monday; Houthis said they struck East-West pipeline pumping stations and Riyadh airport; Saudi Arabia said Sunday it intercepted more missiles and drones; PVM's Evans: Brent dips 'will find grateful buyers'); Investopedia, Oct 26, 2026 (Stock Market Today live: WTI −2.3% at $100.85, Brent −1.5% at $115 in recent trading, Brent near its highest since late April); Reuters, Oct 26, 2026 (AI stocks rise / midday scan: no newer verified oil print since the London wrap — Brent ~$114.82–115 and WTI ~$100.85–101.19 stand; a low-tier live blog's claim of Brent below $110 at midday is conflict-flagged against Reuters and Investopedia and not used); Reuters via Euronext Live, Oct 26, 2026 (New York update, 10:37 AM ET: Brent $114.70, −1.7%; WTI $100.71, −2.5%; oil fell $2 a barrel on hopes of easing US–Iran hostilities, prices still near six-month highs; Saudi Arabia, Turkey and Pakistan set to hold talks with Iranian officials in Tehran; Houthis said they struck East-West pumping stations and Riyadh airport, Saudi Arabia said it intercepted more missiles and drones)

Cross-checked settlements: DTN ($99.47 / $113.17) = NY Post ($99.47 / $113.17) exactly, Bloomberg/RigZone consistent (~$113 / above $99). Overnight: Reuters early-Asia Friday (00:30 GMT) Brent $112.96 (−0.2%) reconciles with the settle — flat, not a reversal; CNBC TV18's early-Friday note (Brent above $113 / WTI near $99) is consistent. Aramco Dhahran evacuation and the Libya valve shutdown are Reuters single-wire items from Thursday, inside the already-scored escalation complex — noted, no score change. Late-Asia uptick (Hindu BusinessLine 9:31 AM IST Fri: Brent $113.64 +0.42%, WTI $100.06 +0.59%) is SINGLE-SOURCE — flagged, not blended; settlements remain the headline values and the −2 / override is unchanged either way. Flagged conflict (unchanged): that Reuters piece prints WTI at $98.12 while describing a −0.3% move — off the cross-checked $99.47 settle, −0.3% implies ~$99.20, and $98.12 matches Thursday's early-session level; treated as an apparent reporting error in that source, settlements remain the headline values. 03:10 scan: a NEWER Reuters oil read now exists (04:39 GMT Friday: Brent $113.75 +0.5%, WTI $100.13 +0.7%) — it corroborates the late-Asia uptick, is consistent with TipRanks (Brent $113.98 / WTI $100.37), and supersedes Reuters' own flagged 00:30 GMT WTI print ($98.12); the conflict is resolved in favor of ~$100 WTI futures. Settlements ($99.47 / $113.17) remain the headline values and the −2 / override is unchanged. Trump's Truth Social post accusing Iran of making up 'fake hits, mines, and everything else' to lift oil prices was posted Thursday (~1:01 PM ET, Stocktwits) — a Thursday item inside the already-scored escalation complex, surfaced in this scan; noted, no score change. 04:10 scan: a STILL NEWER Reuters oil read now exists (06:39 GMT Friday: Brent $114.47 +1.2%, WTI $100.84 +1.4%) — oil rising over 1% on Friday; it supersedes the 04:39 GMT read ($113.75 / $100.13) as the latest futures print and confirms the direction (higher, not easing). Settlements ($99.47 / $113.17) remain the headline values and the −2 / override is unchanged. 05:10 scan: no newer Reuters oil read found — the 06:39 GMT read (Brent $114.47 +1.2%, WTI $100.84 +1.4%) remains the latest futures print; settlements ($99.47 / $113.17) remain the headline values and the −2 / override is unchanged. 06:10 scan: no newer Reuters oil read found — the 06:39 GMT read (Brent $114.47 +1.2%, WTI $100.84 +1.4%) remains the latest futures print; settlements ($99.47 / $113.17) remain the headline values and the −2 / override is unchanged. 07:10 scan: no newer Reuters oil read found — the 06:39 GMT read (Brent $114.47 +1.2%, WTI $100.84 +1.4%) remains the latest futures print; settlements ($99.47 / $113.17) remain the headline values and the −2 / override is unchanged. A low-tier Friday morning brief claiming Brent had 'fallen sharply' and that Chevron reports before today's open was checked and rejected: Chevron's Q3 earnings call is Oct 30, 2026 (company release via Business Wire, Oct 1, 2026; MarketBeat/TipRanks calendars agree), and no major source corroborates a Brent fall — not used. 08:10 scan: no newer Reuters oil read found — the 06:39 GMT read (Brent $114.47 +1.2%, WTI $100.84 +1.4%) remains the latest Reuters futures print; CAMS' morning brief (WTI $101.03 +1.57%, Brent $114.32) is consistent with it, flagged single-source, not blended; settlements ($99.47 / $113.17) remain the headline values and the −2 / override is unchanged. 09:10 scan: no newer Reuters oil read found — the 06:39 GMT read (Brent $114.47 +1.2%, WTI $100.84 +1.4%) remains the latest Reuters futures print; Investopedia (WTI $101.10, +1.6%) is consistent with CAMS ($101.03, +1.57%), flagged as corroboration, not blended; settlements ($99.47 / $113.17) remain the headline values and the −2 / override is unchanged. 10:10 scan: the Reuters 13:00 GMT read (Brent $114.99 +1.5%, intraday high $115.16, highest since May 4; WTI $101.27 +1.8%) is the newest major-wire print and is corroborated by AP (Brent just above $115, WTI $101.22) and IBD (WTI ~$101.70). The FastBull flashes (Brent through $116 +2.53%, WTI $102.46 +3.0%) are later and higher — SINGLE-SOURCE wire flashes, flagged, not blended; direction agrees with Reuters/AP either way. The UAE Umm Al Quwain tanker oil spill is a Reuters single-wire Friday item inside the already-scored complex — noted, no separate score effect. Headline values move from the settlements to the Reuters 9:00 AM ET prints this edition. No score change. 11:10 scan: the Anadolu prints ($116.20 / $102.50 at 09:50 AM ET) corroborate the FastBull flashes flagged at 10:10 (Brent through $116 +2.53%, WTI $102.46 +3.0%) and IBD's WTI read (~$102.35, nearly +3%) — three reads now agree oil extended higher mid-morning, so the headline values move from the Reuters 9:00 AM ET prints ($114.99 / $101.27) to $116.20 / $102.50. Iran's wider-response warning is WSJ-reported via IBD — single-chain reporting of a headline inside the already-scored complex, noted, no separate score effect. No score change. 12:10 scan: the NY Post midday prints (Brent $116.24 / WTI $102.40) corroborate the Anadolu 09:50 AM ET headline values ($116.20 / $102.50) — oil is holding the highs. The Finnhub BCO/USD spot read ($117.02, high $117.51) is a CFD spot quote, not the futures print — flagged as a higher, different instrument, not blended and not a conflict with the futures values. The Waltz 'another year' warning is single-source (Invezz) reporting of a public statement inside the already-scored complex — noted, no separate score effect. No score change. 13:10 scan: CAMS' midday prints ($116.99 / $102.96, 11:48 AM ET snapshot) are the newest values and are corroborated in range by Anadolu ($116.20 / $102.50), NY Post ($116.24 / $102.40) and Stocktwits ($116.15 / $102.40 at 11:58 AM ET) — four reads cluster at Brent $116.15–$116.99 / WTI $102.40–$102.96; the Guardian's through-$117 intraday print is an intraday extreme, consistent with the Finnhub CFD reads flagged earlier, not blended. Headline values move to the CAMS midday prints. The Hatami 'asymmetric warfare' statement (Stocktwits-reported) and the Guardian's Tehran-threat line are single-chain reporting inside the already-scored complex — noted, no separate score effect. No score change. 14:10 scan: Reuters' afternoon prints (Brent $116.27 / WTI $102.02) are the newest major-wire values, slightly below the CAMS midday prints ($116.99 / $102.96) — a small easing off the highs, consistent in range with the Stocktwits 11:58 AM ET reads ($116.15 / $102.40); headline values move to the Reuters afternoon prints. The Finnhub CFD spot ($116.45, high $117.51) is flagged, not blended. No score change. 15:10 scan: no newer Reuters/AP oil read found; headline values carried from the verified Reuters afternoon read, labeled as such. No score change. 16:10 update: settlements are Bloomberg reporting (via Rigzone, 4:06 PM ET) — WTI $103.27 +3.8%, Brent $116.72 +3.1%, Brent highest since April, week +>6%. Minor conflict flagged: EL7's daily-close series prints Brent $117.26 / WTI $103.13 for Oct 23 — both values recorded; the Bloomberg settlement is the headline. AP's intraday read (Brent +3.6% to $117.20) is consistent in direction and range. No score change. 18:10 update: settlements re-confirmed by a weekly oil review (Price of Oil, Oct 23: Brent $116.72, +6.2% on the week; WTI $103.27; Brent intraday high $117.45, highest since April 30). No post-close escalation or de-escalation verified in Reuters/AP/CNBC/MarketWatch headlines. No score change. 19:10 update: no post-close escalation or de-escalation verified in Reuters/AP/CNBC/MarketWatch headlines. No score change. 20:10 update: no post-close escalation or de-escalation verified in the major-source scan; settlements stand as cross-checked (Brent $116.72 / WTI $103.27). No score change. 21:10 update: no post-close escalation or de-escalation verified in the major-source scan; settlements stand as cross-checked (Brent $116.72 / WTI $103.27). No score change. 22:10 update: no post-close escalation or de-escalation verified in the major-source scan; settlements stand as cross-checked (Brent $116.72 / WTI $103.27). No score change. 23:10 update: Reuters' Friday Trump 'Epic Fury' remark is a major-source report, read this run; it adds no new operational fact beyond the already-scored strike-plan complex, changes no settlement, and is not scored as a new leg. No other post-close escalation or de-escalation verified in the major-source scan; settlements stand as cross-checked (Brent $116.72 / WTI $103.27). No score change. 12:10 AM update: the early-Monday pullback is cross-checked across Reuters' own time-stamped prints (23:15 GMT, 0018 GMT, 0232 GMT and the Asia wrap) and the late-Sunday Stocktwits/TradingView read — all agree on a ~1–2% easing from Friday's settles, at different timestamps; the tracker keeps Friday's cross-checked settles ($103.27 / $116.72) as the headline snapshot values and records the futures range here. The weekend attack reporting is Reuters single-wire — flagged as such; the de-escalation items are likewise attributed. No score change: level plus live supply risk still meet the −2 anchor, scored conservatively until a session confirms the pullback. 1:10 AM update: the Monday Houthi claim is Reuters-reported (attack claimed on East-West pumping stations + Riyadh airport; NO Saudi confirmation — recorded as a claim, not a confirmed hit; coalition launcher/interception statement also Reuters). The $114.48 / $101.01 futures print is Hindu BusinessLine (Monday 10:03 AM IST), single-source and later than Reuters' 0232 GMT prints ($114.60 / $101.13), same easing direction — recorded as the latest print, headline settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). Trump's 'decision time' quote is Bloomberg's report of the Sunday Fox News interview (published Oct 25, 19:34 UTC) — Sunday rhetoric, named this edition, not a new Monday development. No score change: the factor was already at the −2 anchor with the override on. 2:10 AM update: no Saudi confirmation in the 2:10 AM scan — the Reuters claim piece (03:48 GMT) remains the latest word. TipRanks' oil prints (Brent $114.53 −1.88%, WTI $101.06 −2.14% at writing) and Hindu BusinessLine's later $114.67 Brent futures print sit inside the overnight futures band already published ($114.48–$115.48 / $101.01–$102.08); headline settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). AP's Asia-wrap Brent figure ($110.23, 'down 1.3%') is CONFLICT-FLAGGED — inconsistent with its own percentage (~$115.20 off the settle) and with Reuters' 0232 GMT $114.60 — recorded, not used. No score change. 3:10 AM update: no Saudi confirmation in the 3:10 AM scan — the Reuters claim piece (03:48 GMT) remains the latest word. Oil prints inside the published overnight band (Hindu BusinessLine 6:56 AM IST item: Brent $115.41 / WTI $101.77); headline settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). No score change. 4:10 AM update: no Saudi confirmation in the 4:10 AM scan — the Reuters claim piece remains the latest word. The 0426 GMT oil print is single-source (Reuters via wire republication) and sits inside the cross-checked published band — recorded, not allowed to move the score; Hindu BusinessLine's Monday prints ($114.48–$115.41 Brent) bracket the same level. Headline settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). No score change. 5:10 AM update: no Saudi confirmation in the 5:10 AM scan — Reuters' Asia wrap ('no immediate confirmation from Riyadh') remains the latest word on the Monday claim. No Reuters oil print newer than 0426 GMT (Brent $114.51 / WTI $101.04) found; IBD's 'crude fell 2%' Monday read is consistent with it; headline settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). No score change. 6:10 AM update: no Saudi confirmation found in the 6:10 AM scan. Oil: TipRanks' at-writing prints (Brent $114.34 −2.04%, WTI $100.75 −2.44%) sit just below the Reuters 0426 GMT prints ($114.51 / $101.04) — same direction, a later easing step, no conflict; headline settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). No score change. 7:10 AM update: NEW Reuters aviation-disruption piece (Cirium: 86% of Riyadh King Khalid flights cancelled Oct 8–25; >7,800 Saudi cancellations nationwide; airport partially reopened Sunday; airlines suspending into November; Delta Riyadh launch postponed to next year) — a major-source quantification of the campaign's footprint, not a supply-loss confirmation. Still no Saudi confirmation of the Monday pumping-station claim. Oil: no print newer than Reuters 0426 GMT / TipRanks (Brent ~$114.34–$114.51 / WTI ~$100.75–$101.04); settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). No score change. 8:10 AM update: oil prints cross-checked in direction and band — Investopedia recent (WTI ~$101.20 −2%, Brent $115 −1.5%), Dow Jones Newswires 05:35 AM ET (Brent Dec $114.40 −2%, WTI Dec −2.5%, above $100), Reuters FTSE wrap (Brent over $114, down >1%). Working band Brent ~$114.40–$115.00 / WTI ~$100.75–$101.20; headline settles unchanged ($116.72 / $103.27, cross-checked Bloomberg + AP). Still no Saudi confirmation of the Monday pumping-station claim in the 8:10 AM scan. No score change. 9:10 AM update: WTI $101.10 (Investopedia 5 Things, down 2% recently) inside the cross-checked 8:10 AM band (Brent ~$114.40–$115.00 / WTI ~$100.75–$101.20); settles cross-checked Fri (Bloomberg + AP). Still no Saudi confirmation of the Monday pumping-station claim in the 9:10 AM scan. No score change. 10:10 AM update: oil is CROSS-CHECKED at a newer timestamp — Reuters London wrap via Euronext Live (0959 GMT: Brent $114.82 −1.63%, WTI $101.19 −2.0%) agrees in direction and level with the morning's Reuters futures prints (0232 GMT $114.60/$101.13; 0426 GMT $114.51/$101.04). Mediation talks (Qatari mediators to Tehran; Mecca Pact meeting Monday) are Reuters-reported. Houthi East-West pipeline claim remains the group's claim — Saudi interception reported, damage unconfirmed. Settles cross-checked Fri (Bloomberg + AP). No score change — easing extends but Brent holds near six-month highs with attacks continuing. 11:10 update: the newest oil prints are single-source at this timestamp (Investopedia live: WTI $100.85 −2.3%, Brent $115 −1.5%) and sit inside/near the cross-checked morning band (Reuters London 0959 GMT: Brent $114.82, WTI $101.19) — direction agrees across sources, no conflict. No escalation or de-escalation headline verified in the 11:10 AM scan. No score change; override stays on. 12:10 PM update: verified levels stand from Reuters (0959 GMT) and Investopedia (recent trading), agreeing at Brent ~$114.82–115 / WTI ~$100.85–101.19. The low-tier claim of Brent below $110 at midday is CONFLICT-FLAGGED against both and NOT USED. Mediation/attack facts are Reuters-reported; East-West damage still unconfirmed. No score change — Brent holds near six-month highs. 1:10 PM update: the Reuters New York print (10:37 AM ET: Brent $114.70 −1.7%, WTI $100.71 −2.5%, via Euronext Live) is the newest verified level and agrees in direction and level with the London wrap (0959 GMT $114.82 / $101.19). Mediation/attack facts are Reuters-reported; East-West damage still unconfirmed. No score change — Brent holds near six-month highs, so the factor stays at −2 and the override stays on.

No change post-close: VIX closed ~19.1 (19.03–19.14 across closing sources; +14–15% on the day from a 16.64 prior close) — high-teens and elevated, hedges paid for, but not capitulation pricing (mid-20s). VIX futures products confirm the bid (VIXY +6.31% at the close). The day's tape was violent in both directions (probe through the floor, then a VWAP reclaim into the close) — size for the range. Friday pre-bell update (08:10): CAMS' morning brief put the VIX at 19.58 before the bell — an uptick from Thursday's ~19.1 close, single-source pre-bell quote, flagged and not scored; the level remains high-teens, elevated but not capitulation, so this factor stays −1. Friday pre-bell update (09:10): no newer VIX or positioning read verified — this factor stays −1 on Thursday's cross-checked close. Friday update (10:10): the morning VIX read is upgraded from single-source to cross-checked — Volalytics' dashboard shows 19.58 at 08:04 ET, matching CAMS' 19.58 pre-bell brief — an uptick from Thursday's ~19.1 close, still high-teens: hedges bid, no capitulation (mid-20s). No verified live VIX print at 10:10 and no put/call read — both recorded as gaps, not filled in. Positioning stays −1. Friday late-morning update (11:10): no verified live VIX print this run either (a Twelve Data VIX quote attempt returned HTTP 429 — recorded as a gap). The VIXY proxy eased intraday: +1.98% on the day at 11:10 AM ET (Twelve Data) but off its morning high (18.65 → 18.05) as SPY recovered to the floor — the hedge bid is cooling with the bounce, not spiking. The last verified VIX level remains the 19.58 morning read (cross-checked). Positioning stays −1. Friday midday update (12:10): no verified live VIX print this run either — the last verified level remains the 19.58 morning read (cross-checked). The VIXY proxy eased further: +1.64% at 12:10 PM ET (Twelve Data), off its 18.65 morning high at 18.03, as SPY held above the floor — the hedge bid keeps cooling with the recovery, not spiking. Positioning stays −1. Friday early-afternoon update (13:10): a first verified intraday VIX print — CAMS' Midday Market Check put the VIX at 19.42 (11:48 AM ET snapshot, single-source, flagged) — a touch below the 19.58 morning read (cross-checked) and still high-teens: hedges bid, no capitulation (mid-20s), no regime change. VIXY could not be refreshed this run (Twelve Data HTTP 429 on the first quote attempt) — recorded as a gap. Put/call still unverified. Positioning stays −1. Friday mid-afternoon update (14:10): no verified live VIX index print this hour either — the last verified level remains CAMS' midday 19.42 (11:48 AM ET, single-source), in the high-teens regime. The VIXY proxy is bid again: Finnhub's snapshot puts VIXY at $18.11, +2.32% on the day — the hedge bid firmed as SPY slipped back under the floor, but this is a proxy, not the index, and there is no capitulation pricing (mid-20s). Put/call still unverified. Positioning stays −1. Friday final-hour update (15:10): no new verified input this hour; the factor's scored inputs stand as last verified. Score unchanged. Friday close update (16:10): the last verified Friday VIX index print is MarketWatch's intraday read — the VIX rising 5.2% to 20.02, above its long-term average of ~19, with the S&P 500 down 0.4% at that read (single-source major, flagged); the VIX closing print itself was not verified in a major source by publication — recorded as a gap, not filled in. VIXY closed +1.24% at $17.92 (Finnhub) — the hedge bid stayed firm but cooled from its +2.32% mid-afternoon read. At ~20 the VIX is elevated, not capitulation (mid-20s with breadth collapse) — positioning & sentiment stays −1. Friday post-close update (17:10): no new verified positioning read this hour — the VIX closing print remains unverified (last verified: MarketWatch intraday 20.02) and put/call remains unverified; both are recorded as gaps, not filled in. Positioning & sentiment stays −1. Friday evening update (18:10): the VIX closing print is now published in nightly digests but the values CONFLICT and no major-source (Reuters / AP / CNBC / MarketWatch) closing print was verified: two nightly market digests put the close at 19.45 (+2.21% vs Thursday's 19.03), the Volalytics dashboard's late print (4:06 PM ET) reads 19.71, and a yfinance-based record reads 19.64 — all below MarketWatch's 20.02 intraday read and all inside the same high-teens / ~20 regime (elevated, hedges bid, no capitulation pricing in the mid-20s). The snapshot keeps 20.02 labeled as the last verified intraday print with the closing candidates flagged here; the score is −1 under every candidate. Put/call remains unverified. Positioning & sentiment stays −1. Friday late-evening update (19:10): no major-source VIX closing print was verified by the 7:10 PM ET scan — the closing candidates remain conflict-flagged (19.45 / 19.71 / 19.64), none asserted, and the snapshot keeps MarketWatch's 20.02 intraday read labeled as the last verified print; the score is −1 under every candidate. Put/call remains unverified into the weekend. Positioning & sentiment stays −1. Friday night update (20:10): no new positioning print after the close — the VIX close remains conflict-flagged (19.45 / 19.71 / 19.64; no major-source close verified) and put/call remains unverified, both gaps carried into the weekend. Positioning & sentiment stays −1. Friday late-night update (21:10): no new positioning print after the close — the VIX close remains conflict-flagged (19.45 / 19.71 / 19.64; no major-source close verified) and put/call remains unverified, both gaps carried into the weekend. Positioning & sentiment stays −1. Friday late-night update (22:10): no new positioning print after the close — the VIX close remains conflict-flagged (19.45 / 19.71 / 19.64; no major-source close verified) and put/call remains unverified, both gaps carried into the weekend. Positioning & sentiment stays −1. Friday late-night update (23:10): no new positioning print after the close — the VIX close remains conflict-flagged (19.45 / 19.71 / 19.64; no major-source close verified) and put/call remains unverified, both gaps carried into the weekend. Positioning & sentiment stays −1. Monday pre-open update (12:10 AM): no new session, so the violence gauge carries Friday's close into a catalyst-stacked week (FOMC Wed, MSFT / GOOGL Wed night, AMZN / INTC Thu). The VIX close conflict narrows but does not close: 19.45 (+2.21%) is now carried by multiple post-close sources, against a yfinance-based 19.64 and a 19.71 late print — still conflict-flagged, none asserted as the official close; every candidate sits in the high-teens-to-~20 band that the rules score −1 (elevated, not panic). MarketWatch's Friday intraday print (20.02, +5.2%) remains the last verified index read during a session. VIXY closed +1.24% on Friday (Finnhub). Put/call remains unverified/missing — carried as a standing gap, not filled in. Score unchanged at −1. Monday pre-open update (1:10 AM): no new positioning print since the 12:10 AM edition — the VIX Friday close remains conflict-flagged (19.45 now multi-source vs 19.64 yfinance-based vs 19.71 late print; MarketWatch's 20.02 intraday print is the last verified in-session read) and put/call remains unverified/missing, both recorded as gaps. The regime (high teens to ~20, elevated not panic) is unchanged. Positioning & sentiment stays −1. Monday pre-open update (2:10 AM): no new positioning print since the 1:10 AM edition — the VIX Friday close remains conflict-flagged (19.45 multi-source vs 19.64 yfinance-based vs 19.71 late print; MarketWatch's 20.02 intraday print is the last verified in-session read) and put/call remains unverified/missing, both recorded as gaps. The regime (high teens to ~20, elevated not panic) is unchanged. Positioning & sentiment stays −1. Monday pre-open update (3:10 AM): no new verified positioning read since the 2:10 AM edition; the VIX close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) and put/call remains UNVERIFIED/MISSING. Score unchanged at −1. Monday pre-open update (4:10 AM): no new verified positioning read since the 3:10 AM edition; the VIX close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) and put/call remains UNVERIFIED/MISSING. Score unchanged at −1. Monday pre-open update (5:10 AM): no new verified positioning read since the 4:10 AM edition; the VIX Friday close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) and put/call remains UNVERIFIED/MISSING, both recorded as gaps. The regime (high teens to ~20, elevated not panic) is unchanged. Positioning & sentiment stays −1. Monday pre-open update (6:10 AM): no new verified positioning read since the 5:10 AM edition; the VIX Friday close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) and put/call remains UNVERIFIED/MISSING, both recorded as gaps. The regime (high teens to ~20, elevated not panic) is unchanged. Positioning & sentiment stays −1. Monday pre-open update (7:10 AM): no new verified positioning read since the 6:10 AM edition; the VIX Friday close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) and put/call remains UNVERIFIED/MISSING, both recorded as gaps. The regime (high teens to ~20, elevated not panic) is unchanged. Positioning & sentiment stays −1. Monday pre-open update (8:10 AM): no new verified VIX or put/call read since the 7:10 AM edition; the VIX Friday close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) and put/call remains UNVERIFIED/MISSING, both recorded as gaps. Premarket color from Investopedia's live read (memory/semiconductor names pointing higher — DRAM +1.5%, SOXX nearly +1%; neoclouds down more than 2% apiece; Moderna −11% further premarket) is single-name/sector color, not a positioning input, and is not scored. The regime (high teens to ~20, elevated not panic) is unchanged. Positioning & sentiment stays −1. Monday pre-open update (9:10 AM): no new verified VIX or put/call read since the 8:10 AM edition; the VIX Friday close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) and put/call remains UNVERIFIED/MISSING, both recorded as gaps. Premarket breadth color is not a positioning input and is not scored. The regime (high teens to ~20, elevated not panic) is unchanged ahead of the open. Positioning & sentiment stays −1. Monday first-hour update (10:10 AM): a Monday-morning VIX read has printed — 19.25 at 07:55 CDT (Volalytics dashboard, single-source), −1.0% vs Friday's 19.45 close read — the regime is unchanged (high teens, elevated not panic) and a single-source dashboard print does not move the score. The VIX Friday close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) and put/call remains UNVERIFIED/MISSING, both recorded as gaps. Positioning & sentiment stays −1. Monday late-morning update (11:10): volatility eased with the rally — the Twelve Data VIXY quote is down 3.29% on the day at ~11:12 AM ET, consistent with a VIX drifting down from Friday's conflict-flagged close area, and Schaeffer's reports Friday's CBOE equity put/call at 0.67 (21-day average 0.59) — hedging demand present but not fearful. No verified VIX index print has landed this morning (the index close remains conflict-flagged at 19.45 / 19.64 / 19.71, and the only morning index read stays the single-source 19.25). The anchor is unchanged: a VIX in the high teens is elevated-but-not-panic, which is −1 on this factor's own scale — the rally softens the violence gauge, it does not clear it, with the Fed and mega-cap earnings stacked into Wednesday–Thursday. Positioning & sentiment stays −1. Score unchanged. Monday midday update (12:10 PM): volatility eased further into midday — VIXY −2.51% on the Twelve Data quote at ~12:15 PM ET (vs −3.29% at 11:10 AM) — but there is still no verified VIX index print for today's session, and Friday's close remains CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call remains UNVERIFIED/MISSING. Saxo's Monday options brief adds color only: index put protection was bought ahead of this week and the options market prices roughly a 1.80% S&P 500 range into Friday's expiry, the first window in three weeks containing a Fed decision. The regime is unchanged — high-teens VIX, elevated not panic, event week ahead. Positioning & sentiment stays −1. Monday early-afternoon update (1:10 PM): volatility eased further — Volalytics put the VIX at 18.44 at 12:56 PM ET (11:56 AM CDT), −5.2% vs Friday's close on its dashboard, and VIXY is −2.40% on the Twelve Data quote at ~1:15 PM ET. Treatment unchanged: the Volalytics print is single-source (no major-source VIX index print for today's session has been verified), recorded with that status, not asserted. Friday's close narrows toward 19.45 — Zacks' Friday recap (VIX up 2.2% to 19.45) now agrees with Saxo's 19.45 and the multi-source digests — but the 19.64 / 19.71 candidates remain on the record, so the close stays conflict-flagged rather than silently resolved. Put/call remains UNVERIFIED/MISSING. The regime is unchanged — high-teens VIX easing, elevated not panic, event week ahead. Positioning & sentiment stays −1.

Source: Closing VIX prints: post-close market brief (19.08, +14.39%), Sigmanomics Cboe close summary (19.14, +15.02% from 16.64), Portfolio Terminal Cboe close (19.05); Finnhub (VIXY close +6.31%); CAMS Morning Market Brief, Oct 23, 2026 (VIX 19.58 before the bell — single-source pre-bell quote); Volalytics VIX dashboard, Oct 23, 2026 (VIX 19.58, value at 07:04 CDT = 08:04 ET — matches CAMS pre-bell 19.58); Saxo Options Brief, Oct 23, 2026 (Thursday VIX close 19.03, front-month VIX future 19.410, skew elevated); Twelve Data quote, Oct 23, 2026 11:10 AM ET (VIXY 18.05, +1.98% on the day; session high 18.65); Twelve Data quote, Oct 23, 2026 12:10 PM ET (VIXY 18.03, +1.64% on the day; session high 18.65); CAMS Midday Market Check, Oct 23, 2026 (VIX 19.42 — 11:48 AM ET snapshot, single-source); Finnhub VIXY snapshot, Oct 23, 2026 ~2:10 PM ET (VIXY $18.11, +2.32% on the day; session high $18.65 — proxy, direction only); MarketWatch live coverage, Oct 23, 2026 (VIX rising 5.2% to 20.02 intraday, above its ~19 long-term average — last verified Friday index print; close unverified); Finnhub VIXY snapshot, Oct 23, 2026 close (VIXY $17.92, +1.24% — proxy); StockMarketWatch nightly digest, Oct 23, 2026 (VIX 19.45, +2.21% — closing candidate, conflicts with other late prints, flagged); Edge Consultancy US Market Wrap, Oct 23, 2026 (VIX 19.45, +2.21%; 10-year 5.00% on the Treasury official daily par curve, +4bp); Volalytics VIX dashboard, Oct 23, 2026 (VIX 19.71 at 16:06 ET — late print, flagged); Finnence ^VIX record (last close $19.64, +3.2%, yfinance-based — flagged); SKN weekly VIX review, Oct 25, 2026 (VIX closed Oct 23 at 19.45, +2.21%); post-close closing recaps, Oct 23, 2026 (VIX 19.45, +2.21%); Finnhub VIXY snapshot (closed +1.24% at 17.92 on Oct 23); MarketWatch intraday read, Oct 23, 2026 (VIX 20.02, +5.2%); Volalytics VIX dashboard, Oct 26, 2026 (VIX 19.25 at 07:55 CDT, −1.0% vs the 19.45 previous close); Twelve Data quote, Oct 26, 2026 ~11:12 AM ET (VIXY 17.33, −3.29%); Schaeffer's Research, Oct 26, 2026 (Friday CBOE equity put/call 0.67; 21-day average 0.59); Saxo, Oct 26, 2026 (Options Brief: index put protection bought ahead of this week; options market prices ~137 points / 1.80% for the S&P 500 into Friday's expiry; VIX 19.45 Friday close, term structure contango); Twelve Data quote, Oct 26, 2026 ~12:15 PM ET (VIXY −2.51%); Volalytics VIX dashboard, Oct 26, 2026 (VIX 18.44 at 11:56 AM CDT / 12:56 PM ET, −5.2% vs its 19.45 previous close; S&P 500 7,674.3 at the same stamp); Zacks, Oct 26, 2026 (Friday recap: CBOE VIX up 2.2% to 19.45); Twelve Data quote, Oct 26, 2026 ~1:15 PM ET (VIXY −2.40%)

VIX close cross-checked as a range with a small flagged conflict: 19.03–19.14 across four closing sources (brief 19.08, Sigmanomics 19.14, Portfolio Terminal 19.05, futures dashboard 19.03) — headline uses ~19.1; no single value is asserted as exact. This replaces the 13:08 latest-print carry (19.1) — same level, now a verified close. Put/call UNVERIFIED — recorded as missing and not scored. No new positioning read overnight at 06:10. No new positioning read overnight at 07:10. 08:10 scan: CAMS morning brief VIX 19.58 before the bell is SINGLE-SOURCE — flagged; it is an uptick vs the cross-checked ~19.1 close, not a regime change, and is not scored. No other new positioning read at 08:10. 09:10 scan: no new positioning read — CAMS' 19.58 pre-bell VIX remains the latest single-source morning quote, flagged and not scored. 10:10 scan: the 19.58 morning VIX is now CROSS-CHECKED (CAMS pre-bell brief + Volalytics dashboard value at 08:04 ET) as a morning read; it is not a live 10:10 print — no live VIX verified this run, recorded as a gap. Put/call still UNVERIFIED — missing, not scored. No score change. 11:10 scan: no live VIX verified (Twelve Data VIX quote returned HTTP 429 — recorded as a gap, not filled in). VIXY is a proxy, not the index — used for direction only. Put/call still UNVERIFIED. No score change. 12:10 scan: no live VIX index print verified this run — recorded as a gap, not filled in; the 19.58 morning read (CAMS + Volalytics, cross-checked) remains the last verified VIX level. VIXY is a proxy, not the index — direction only. Put/call still UNVERIFIED. No score change. 13:10 scan: the CAMS midday VIX (19.42) is SINGLE-SOURCE — flagged; it is the first verified intraday VIX print of the session and sits just under the cross-checked 19.58 morning read, so the day's level (high-teens) is consistent across reads. VIXY refresh unavailable (Twelve Data HTTP 429) — recorded as a gap. Put/call still UNVERIFIED. No score change. 14:10 scan: no live VIX index print verified this run — recorded as a gap, not filled in; the CAMS midday 19.42 (single-source) remains the last verified VIX level, consistent with the cross-checked 19.58 morning read. VIXY (Finnhub) is a proxy — direction only. Put/call still UNVERIFIED. No score change. 15:10 scan: no new verified input. No score change. 16:10 update: MarketWatch's 20.02 is a single-source intraday index print (major source) — the last verified Friday VIX level; the close is unverified. VIXY's close (+1.24%, Finnhub) is a proxy, direction only. Put/call still UNVERIFIED. No score change. 18:10 update: the VIX close is CONFLICT-FLAGGED — nightly digests 19.45 (+2.21%) vs Volalytics late print 19.71 (16:06 ET) vs yfinance-based 19.64; no Reuters/AP/CNBC/MarketWatch closing print verified, so no candidate replaces the labeled 20.02 intraday value in the snapshot; every candidate sits in the same regime, so the −1 score is unaffected. Put/call still UNVERIFIED. No score change. 19:10 update: VIX close still CONFLICT-FLAGGED (19.45 / 19.71 / 19.64) with no major-source closing print verified; put/call still UNVERIFIED. No score change. 22:10 update: VIX close still CONFLICT-FLAGGED (19.45 / 19.71 / 19.64) with no major-source closing print verified; put/call still UNVERIFIED. No score change. 23:10 update: VIX close still CONFLICT-FLAGGED (19.45 / 19.71 / 19.64) with no major-source closing print verified; put/call still UNVERIFIED. No score change. 12:10 AM update: the 19.45 close candidate gains corroboration (SKN review plus closing recaps agree at 19.45 / +2.21%) but the 19.64 / 19.71 candidates remain in the record, so the close stays conflict-flagged rather than asserted — the band, not the point, is what the score uses, and the band is unchanged. Put/call still unverified. No score change. 1:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING. No score change. 2:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING. No score change. 3:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING. No score change. 4:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING. No score change. 5:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING. No score change. 6:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING. No score change. 7:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING. No score change. 8:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING; no new verified positioning print. Investopedia premarket single-name color (Moderna −11%, neoclouds −2%+) recorded, not scored. No score change. 9:10 AM update: VIX close still CONFLICT-FLAGGED (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING; no new verified positioning print. No score change. 10:10 AM update: VIX 19.25 (Volalytics dashboard, 07:55 CDT Mon) is SINGLE-SOURCE — recorded as the latest morning read, not asserted over the conflict-flagged Friday close (19.45 / 19.64 / 19.71); put/call still UNVERIFIED/MISSING. No score change. 11:10 update: VIXY −3.29% is a verified Twelve Data quote (~11:12 AM ET) used as a direction check only — it is not a VIX index print, and no VIX index level is asserted this edition. Friday's put/call (0.67) is single-source (Schaeffer's) and recorded as such. No score change. 12:10 PM update: VIXY −2.51% (Twelve Data quote, ~12:15 PM ET) is a direction check only, not an index level. VIX index: no verified print for today's session — recorded missing; Friday close CONFLICT-FLAGGED (19.45 / 19.64 / 19.71) stands; put/call UNVERIFIED/MISSING. Saxo options color is single-source. No score change. 1:10 PM update: VIX 18.44 is SINGLE-SOURCE (Volalytics dashboard, 12:56 PM ET) — recorded with that status; VIXY −2.40% (Twelve Data quote, ~1:15 PM ET) is a direction check only, not an index level. Friday's close: Zacks (up 2.2% to 19.45) and Saxo (19.45) now agree with the digests, but the 19.64 / 19.71 candidates remain on record — CONFLICT-FLAGGED, narrowed, not resolved. Put/call UNVERIFIED/MISSING. No score change.

Non-confirmation of the bear case held at the close and is unchanged this edition: HYG closed at 77.09, +0.14% (Twelve Data closing print) while SPY fell 1.17%, so credit never broke. The index-level picture agrees: the Dow finished flat (+0.02–0.03%) while the Nasdaq fell 2.6% and the chip index 6.7% — damage concentrated in mega-cap growth/tech, defensives bid (PG +5.58% after its beat; staples led at midday). Breadth's last full sector read remains 1:08 PM (6 of 11 sectors higher) — not refreshed post-close and labeled as such. Friday morning confirmation (08:10): CAMS' morning brief notes equal-weighted shares rose on Thursday even as the cap-weighted index fell, and the Russell 2000 gained 0.11% — the same non-confirmation picture (a narrow, mega-cap-led retreat), consistent with this factor's +1; no score change. SLB's print adds nothing here; AXP's falling provisions remain the credit-calm corroboration. Friday first-hour update (10:10): credit is softening but still not confirming — HYG is 76.89, −0.27% at 10:12 AM ET (Twelve Data), down on the day but falling less than SPY (−0.48%). The index split rotated rather than broadened: QQQ is GREEN (+0.14%, Twelve Data) while the Dow fell ~1% early (AP/IBD) on the telecom slide (T-Mobile −3.5% early, IBD; Moderna −7%) — Thursday's tech-led damage is not today's pattern. If HYG starts falling faster than the index, this factor flips; at 10:10 it has not. Credit & breadth stays +1. Friday late-morning update (11:10): non-confirmation persists into the recovery — HYG is 76.94, −0.21% at 11:10 AM ET (Twelve Data), off its morning low and now falling about in line with SPY (−0.26%), not faster; QQQ is firmer green (+0.37% at 707.11) and META has clawed back to −0.54%. Credit still has not broken on a day the Dow fell ~600 points early — if HYG starts leading the index down, this factor flips; at 11:10 it has not. Credit & breadth stays +1. Friday midday update (12:10): non-confirmation persists — HYG is 76.96, −0.17% at 12:10 PM ET (Twelve Data), still falling less than SPY did at its worst and roughly in line now; QQQ is firmer green (+0.46% at 707.62) and the NY Post's midday wrap has the Nasdaq roughly flat while the Dow fell 702 points (−1.3%) — the damage stays concentrated, credit still has not broken. Credit & breadth stays +1. Friday early-afternoon update (13:10): non-confirmation persists even as the index slips — HYG is 76.945, −0.20% at the ~1:10 PM ET Twelve Data quote, still falling less than half as fast as SPY (−0.47%); QQQ is still green (+0.15% at 705.53), and CAMS' midday sector read (11:48 AM ET) has energy +2.95% and technology +0.84% higher with the semiconductor fund rebounding +1.29% (Micron +3.41%) while the Dow fell 1.01% and the Russell 2000 0.30% — the damage stays concentrated in rate-sensitive and Dow names, not broadening into credit. If HYG starts leading the index down, this factor flips; at 13:10 it has not. Credit & breadth stays +1. Friday mid-afternoon update (14:10): non-confirmation persists, but it is thinner. HYG is 76.86, −0.31% at ~2:12 PM ET (Twelve Data) — falling closer to SPY's pace (−0.42%) than at midday, though still not leading it down. QQQ is still green (+0.33% at 706.42) and Reuters' afternoon read has the Nasdaq +0.21% with the semiconductor index up ~1% while the Dow fell 0.9% — the damage stays concentrated. A first Friday breadth count has now been published (single-source desk read, flagged): 348 of the S&P 500's 503 stocks were red at 12:48 PM ET with equal-weight RSP −0.56% vs SPY −0.18% at that read — breadth under the headline is weak, and if a second source corroborates it or HYG starts leading the index down, this factor moves toward 0. At 14:10 credit still has not broken, so credit & breadth stays +1 — scored conservatively on the cross-checked credit leg, with the breadth caution recorded. Friday final-hour update (15:10): no new verified input this hour; the factor's scored inputs stand as last verified. Score unchanged. Friday close update (16:10): non-confirmation is CONFIRMED at the close. HYG closed at $77.05, −0.06% (Twelve Data close) — it recovered most of its mid-afternoon dip (−0.31% at ~2:12 PM ET) and finished essentially flat on a day SPY fell −0.54% and closed through its floor. QQQ closed at $704.31, −0.02% — flat. Credit never led the index down and the Nasdaq side never confirmed the break; the day's damage stayed concentrated in rate-sensitive and Dow names. The single-source breadth caution (348/503 red at 12:48 PM ET) stands recorded and flagged. Credit & breadth stays +1. Friday post-close update (17:10) — SCORE CHANGE +1 → 0: the breadth leg is now cross-checked at the close. AP's close wrap reports nearly three out of every four S&P 500 stocks fell on Friday — confirming, from a second major source, the direction of the single-source midday count (348 of 503 red at 12:48 PM ET) that this factor had carried as an unscored caution since 14:10. Friday's decline was therefore broad, not narrow: the non-confirmation premium behind +1 is no longer earned on breadth. Credit itself still never broke (HYG −0.06% at the close, QQQ −0.02%), which keeps this factor at 0 rather than negative: breadth confirmed the move, credit did not. Composite impact −0.25 (weight 10). Friday evening update (18:10): no new breadth or credit print after the close — the factor stands on its 17:10 cross-checked close: breadth confirmed Friday's decline (AP: nearly three of every four S&P 500 stocks fell), credit never broke (HYG −0.06% at the close, QQQ −0.02%). CNBC's closing wrap is consistent in character (defensive sectors — staples, utilities, healthcare — also fell Friday, while chip names Micron and AMD rose). Credit & breadth stays 0. Friday late-evening update (19:10): no new breadth or credit print after the close — the factor closes the week at 0 on its 17:10 cross-checked close (breadth confirmed Friday's decline; HYG −0.06% and QQQ −0.02% at the close — credit never broke). Credit & breadth stays 0. Friday night update (20:10): no new breadth or credit print after the close — the factor stands on its cross-checked Friday close (breadth confirmed the decline; HYG −0.06%, QQQ −0.02%). Credit & breadth stays 0. Friday late-night update (21:10): no new breadth or credit print after the close — the factor stands on its cross-checked Friday close (breadth confirmed the decline; HYG −0.06%, QQQ −0.02%). Credit & breadth stays 0. Friday late-night update (22:10): no new breadth or credit print after the close — the factor stands on its cross-checked Friday close (breadth confirmed the decline; HYG −0.06%, QQQ −0.02%). Credit & breadth stays 0. Friday late-night update (23:10): no new breadth or credit print after the close — the factor stands on its cross-checked Friday close (breadth confirmed the decline; HYG −0.06%, QQQ −0.02%). Credit & breadth stays 0. Monday pre-open update (12:10 AM): no new session; Friday's cross-checked close stands — breadth confirmed the decline (AP: nearly 3 of every 4 S&P 500 stocks fell) while credit itself never broke (HYG closed 77.05, −0.06%; QQQ −0.02%). The weekend major-source scan verified no new credit-spread or breadth print — recorded as no new input, not filled in. The one standing bull-friendly fact remains Friday's: the index fell on a broad tape without credit cracking. Score unchanged at 0. Monday pre-open update (1:10 AM): no new session and no new credit or breadth print since the 12:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline: AP, nearly 3 of every 4 S&P 500 stocks fell; credit never broke: HYG 77.05, −0.06%; QQQ −0.02%). The 1:10 AM major-source scan verified no new HY spread or advance-decline print — recorded as no new input, not filled in. Credit & breadth stays 0. Monday pre-open update (2:10 AM): no new session and no new credit or breadth print since the 1:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline: AP, nearly 3 of every 4 S&P 500 stocks fell; credit never broke: HYG 77.05, −0.06%; QQQ −0.02%). The 2:10 AM major-source scan verified no new HY spread or advance-decline print — recorded as no new input, not filled in. Credit & breadth stays 0. Monday pre-open update (3:10 AM): no new session or print since the 2:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline, AP nearly 3/4 fell; HYG 77.05, −0.06%, credit never broke), with the absence of a Monday print recorded rather than filled in. Score unchanged at 0. Monday pre-open update (4:10 AM): no new session or print since the 3:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline, AP nearly 3/4 fell; HYG 77.05, −0.06%, credit never broke), with the absence of a Monday print recorded rather than filled in. Score unchanged at 0. Monday pre-open update (5:10 AM): no new session and no new credit or breadth print since the 4:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline: AP, nearly 3 of every 4 S&P 500 stocks fell; credit never broke: HYG 77.05, −0.06%; QQQ −0.02%). The 5:10 AM major-source scan verified no new HY spread or advance-decline print — recorded as no new input, not filled in. Credit & breadth stays 0. Monday pre-open update (6:10 AM): no new session and no new credit or breadth print since the 5:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline: AP, nearly 3 of every 4 S&P 500 stocks fell; credit never broke: HYG 77.05, −0.06%; QQQ −0.02%). Reuters' pre-market neocloud weakness is an equity sector read, not a credit print. Recorded as no new input, not filled in. Credit & breadth stays 0. Monday pre-open update (7:10 AM): no new session and no new credit or breadth print since the 6:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline: AP, nearly 3 of every 4 S&P 500 stocks fell; credit never broke: HYG 77.05, −0.06%; QQQ −0.02%). Recorded as no new input, not filled in. Credit & breadth stays 0. Monday pre-open update (8:10 AM): no new session and no new credit or breadth print since the 7:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline: AP, nearly 3 of every 4 S&P 500 stocks fell; credit never broke: HYG 77.05, −0.06%; QQQ −0.02%). Recorded as no new input, not filled in. Credit & breadth stays 0. Monday pre-open update (9:10 AM): no new session and no new credit or breadth print since the 8:10 AM edition — the factor stands on its cross-checked Friday close (breadth confirmed the decline: AP, nearly 3 of every 4 S&P 500 stocks fell; credit never broke: HYG 77.05, −0.06%; QQQ −0.02%). Recorded as no new input, not filled in. Credit & breadth stays 0. Monday first-hour update (10:10 AM): the session's first breadth evidence is index-level only — all three majors advanced together in early trading (S&P 500 +0.5%, Nasdaq +0.5%, Dow +0.4%, Investopedia), so the up move shows no index-level non-confirmation so far; SPY's own tape agrees (+0.55% at the 10:10 bar). No verified advance-decline or HYG/credit print for today's session has been found yet in the major-source scan — recorded as missing, not filled in, and scored conservatively: an up morning without a verified breadth/credit confirmation does not earn a positive score. Credit & breadth stays 0. Monday late-morning update (11:10): the rally IS confirmed — the lie detectors now point the other way. HYG is green on the day at 77.27, +0.28% (Twelve Data quote, ~11:12 AM ET, off Friday's 77.05 close), QQQ is outperforming at +1.43% vs SPY's +0.93%, and Investopedia's live read has all three major indexes up 0.6% apiece in recent trading with the MAGS basket +1% and semiconductors (SOXX) +1% — growth and credit are confirming the index move, not diverging from it. Under this factor's own rule, confirmation of the move scores FOR its direction, so credit & breadth moves 0 → +1. The cap is named plainly: no verified advance/decline count has landed yet this morning, so the breadth leg rests on index-level participation (all three indexes, semis, MAGS) plus HYG — a +1, not a +2. Score change this edition: 0 → +1. Monday midday update (12:10 PM): the advance broadened and credit still confirms. Investopedia's recent-trading read put the Nasdaq Composite +1.3%, the S&P 500 +1.0% and the Dow +0.5%; Reuters put the semiconductor index up over 3% on the Anthropic filing; and the Twelve Data quotes at ~12:15 PM ET agree (QQQ +1.21%, HYG 77.25, +0.26% on the day). HYG's confirmation is real but modest, and no verified advance-decline line for today's session has been found in the major-source scan — recorded as missing, not filled in. Credit & breadth stays +1 (not +2: HYG's move is small and the A/D line is unverified). Monday early-afternoon update (1:10 PM): the advance still confirms, a touch softer than the midday peak reads. The Twelve Data quotes at ~1:15 PM ET agree (QQQ +1.34%, SPY last 765.87, HYG 77.205, +0.20% on the day — vs +0.26% at 12:15 PM, still positive). Investopedia's live page puts the Nasdaq Composite, S&P 500 and Dow up 0.8%, 0.6% and 0.3% respectively in recent trading, and the Motley Fool's 11:31 AM ET snapshot had them at +1.22%, +0.91% and +0.31% — all three indexes green on every read, tech-led. HYG's confirmation remains real but modest, and no verified advance-decline line for today's session has been found in the major-source scan — recorded as missing, not filled in. Credit & breadth stays +1.

Source: Twelve Data (HYG close 77.09, +0.14%); WSJ + NY Post closing wraps, Oct 22, 2026 (Dow flat, Nasdaq −2.6%, chips −6.7%); CAMS Midday Market Check, Oct 22, 2026 (sector breadth); CAMS Morning Market Brief, Oct 23, 2026 (equal-weight rose Thursday while cap-weight fell; Russell 2000 +0.11%; technology −3.29%, semiconductor fund −5.99% Thursday); Twelve Data quote, Oct 23, 2026 10:12 AM ET (HYG 76.89, −0.27%; QQQ 705.49, +0.14%); AP, Oct 23, 2026 (Dow −547 pts / −1.0% early, Nasdaq −0.4% early); Investor's Business Daily, Oct 23, 2026 (Dow −1.1% just after the open; T-Mobile −3.5%, Moderna −7% early); Twelve Data quote, Oct 23, 2026 11:10 AM ET (HYG 76.94, −0.21%; QQQ 707.11, +0.37%; META 645.35, −0.54%); Investor's Business Daily live coverage, Oct 23, 2026 (Dow slumped ~600 points early on rising oil); Twelve Data quote, Oct 23, 2026 12:10 PM ET (HYG 76.96, −0.17%; QQQ 707.62, +0.46%); NY Post, Oct 23, 2026 (midday wrap: Dow −702 pts / −1.3%, S&P 500 −0.4%, Nasdaq roughly flat); Twelve Data quote, Oct 23, 2026 ~1:10 PM ET (HYG 76.945, −0.20%; QQQ 705.53, +0.15%); CAMS Midday Market Check, Oct 23, 2026 (11:48 AM ET snapshot: energy +2.95%, technology +0.84%, semiconductor fund +1.29%, Micron +3.41%, Dow −1.01%, Russell 2000 −0.30%); Twelve Data quote, Oct 23, 2026 ~2:12 PM ET (HYG 76.86, −0.31%; QQQ 706.42, +0.33%); Reuters via Euronext Live, Oct 23, 2026 (afternoon: Nasdaq +0.21%, semiconductor index +~1%, Dow −0.9%); CosAnalyst market note, Oct 23, 2026 (12:48 PM ET desk read: 348 of 503 S&P 500 stocks red, 155 up; RSP −0.56% vs SPY −0.18% — single-source breadth count, flagged); Twelve Data closing quotes, Oct 23, 2026 (HYG 77.05, −0.06%; QQQ 704.31, −0.02%); Associated Press close wrap, Oct 23, 2026 (S&P 500 −0.5% to 7,623.68; Dow −1.2% to 52,215.16; Nasdaq −0.2% to 25,955.34; nearly three of every four S&P 500 stocks fell; Brent settled $116.72 +3.1%; 10-year edged up to 4.99%; AXP slumped 3.7%); Weekend scan of Reuters / AP / CNBC / MarketWatch, Oct 25–26, 2026 (no new credit or breadth print); carried Friday close evidence as last verified (AP close wrap, Oct 23, 2026; Twelve Data closing quotes, Oct 23, 2026); Investopedia, Oct 26, 2026 (Stock Market Today, Monday live — early trading: S&P 500 +0.5%, Nasdaq Composite +0.5%, Dow +0.4% in recent trading); Twelve Data quote, Oct 26, 2026 ~11:12 AM ET (HYG 77.27, +0.28%; QQQ +1.43%); Investopedia, Oct 26, 2026 (Stock Market Today live: all three major indexes +0.6% in recent trading; MAGS +1%; SOXX +1%); Investopedia, Oct 26, 2026 (Stock Market Today live — recent trading: Nasdaq Composite +1.3%, S&P 500 +1.0%, Dow +0.5%); Reuters, Oct 26, 2026 (Philadelphia Semiconductor Index up over 3%); Twelve Data quote, Oct 26, 2026 ~12:15 PM ET (HYG 77.25, +0.26%; QQQ +1.21%); Investopedia, Oct 26, 2026 (Stock Market Today live — recent trading: Nasdaq Composite +0.8%, S&P 500 +0.6%, Dow +0.3%); Motley Fool, Oct 26, 2026 (midday as of 11:31 AM ET: Nasdaq +1.22% to 26,271, S&P 500 +0.91% to 7,693, Dow +0.31% to 52,379; real estate leading, healthcare the primary loser); Twelve Data quote, Oct 26, 2026 ~1:15 PM ET (HYG 77.205, +0.20%; QQQ +1.34%)

HYG closing print carried from the 16:10 edition's fresh Twelve Data quote, re-confirmed unchanged at 07:10 — unchanged because it is Thursday's close itself. Index-divergence cross-checked WSJ vs NY Post vs post-close briefs (Dow +0.02–0.03%, S&P −1.21%, Nasdaq −2.59/−2.6%). Breadth sector detail NOT refreshed overnight (13:08 Thursday read carried and labeled); RSP close not verified this run — recorded missing, not filled in. AXP's falling credit-loss provisions ($1.0B vs $1.3B a year ago, Reuters, Oct 23) are consistent with the credit-calm read; no score change. 08:10 scan: CAMS morning brief's equal-weight/Russell detail is consistent with the cross-checked index-divergence read; no new HYG or advance-decline print pre-market — recorded as corroboration, no score change. 09:10 scan: no new HYG or advance-decline print pre-market — recorded as no new read, no score change. 10:10 update: HYG refreshed — Twelve Data quote 76.89, −0.27% at 10:12 AM ET (vs Thursday's 77.09 close, +0.14%): first down day this week for HYG, still outperforming the index. QQQ +0.14% (Twelve Data) vs Dow −1.0 to −1.1% early (AP/IBD) cross-checks the rotation read. Friday sector breadth / advance-decline not yet published in a major source — recorded as no new read; Thursday's labeled breadth detail stands. No score change. 11:10 update: HYG refreshed — Twelve Data quote 76.94, −0.21% at 11:10 AM ET (vs 76.89, −0.27% at 10:12 AM ET): recovering with the index, not confirming a credit break. QQQ +0.37% (Twelve Data) cross-checks the tech-recovery read in IBD's live coverage (Nasdaq mostly flat in morning trade vs the Dow's early −1.1%). Friday sector breadth / advance-decline still not published in a major source — recorded as no new read; Thursday's labeled breadth detail stands. No score change. 12:10 update: HYG refreshed — Twelve Data quote 76.96, −0.17% at 12:10 PM ET (vs 76.94, −0.21% at 11:10 AM ET): steady, not confirming a credit break. QQQ +0.46% (Twelve Data) and the NY Post midday index split (Nasdaq roughly flat, Dow −1.3%) cross-check the rotation read. Friday sector breadth / advance-decline still not published in a major source — recorded as no new read. No score change. 13:10 update: HYG refreshed — Twelve Data quote 76.945, −0.20% at ~1:10 PM ET (vs 76.96, −0.17% at 12:10 PM ET): a touch softer, still outperforming SPY (−0.47%). QQQ +0.15% (Twelve Data) and CAMS' midday sector detail (energy and technology higher, Dow −1.01%) cross-check the concentration read. Friday advance-decline still not published in a major source — recorded as no new read; Thursday's labeled breadth detail stands. No score change. 14:10 update: HYG refreshed — Twelve Data quote 76.86, −0.31% at ~2:12 PM ET (vs 76.945, −0.20% at ~1:10 PM ET): softer and converging toward SPY's pace, still not leading it down. QQQ +0.33% (Twelve Data) and Reuters' afternoon index split (Nasdaq +0.21%, Dow −0.9%) cross-check the concentration read. The 348/503 breadth count is SINGLE-SOURCE (CosAnalyst desk read) — flagged, recorded as a caution, and not allowed to move the score alone under the cross-check rule. No score change. 15:10 scan: no new verified input. No score change. 16:10 update: closing quotes are Twelve Data (HYG 77.05, −0.06%; QQQ 704.31, −0.02%; SPY 759.89, −0.54% off the bars' prior close) — consistent with the Reuters afternoon index split (Nasdaq +0.21% at that read) and the session tape. The breadth count remains single-source and unscored. No score change. 17:10 update: Friday breadth is now CROSS-CHECKED at the close — AP (nearly 3 of 4 S&P 500 stocks fell) confirms the direction of the single-source 348/503 midday count; under the cross-check rule the breadth leg may now move the score, and it does: +1 → 0 (breadth confirmed Friday's decline; credit — HYG −0.06% — still did not). No other input changed. 19:10 update: no new verified input. No score change. 22:10 update: no new verified input. No score change. 23:10 update: no new verified input. No score change. 12:10 AM update: no new verified input this edition — the factor stands on its cross-checked Friday close and is scored on that, with the absence of a weekend print recorded rather than filled in. No score change. 1:10 AM update: no new verified input. No score change. 2:10 AM update: no new verified input. No score change. 3:10 AM update: no new verified input. No score change. 4:10 AM update: no new verified input. No score change. 5:10 AM update: no new verified input. No score change. 6:10 AM update: no new verified input. No score change. 7:10 AM update: no new verified input. No score change. 8:10 AM update: no new verified input. No score change. 9:10 AM update: no new verified input. No score change. 10:10 AM update: early index uniformity is single-source (Investopedia early-trading read: S&P +0.5%, Nasdaq +0.5%, Dow +0.4%) and consistent with SPY's verified tape (+0.55%); no verified advance-decline or HYG print for today's session found — recorded as missing. No score change (scored conservatively at 0). 11:10 update: HYG refreshed — Twelve Data quote 76.94, −0.21% at 11:10 AM ET (vs 76.89, −0.27% at 10:12 AM ET): recovering with the index, not confirming a credit break. QQQ +0.37% (Twelve Data) cross-checks the tech-recovery read in IBD's live coverage (Nasdaq mostly flat in morning trade vs the Dow's early −1.1%). Friday sector breadth / advance-decline still not published in a major source — recorded as no new read; Thursday's labeled breadth detail stands. No score change. 12:10 update: HYG refreshed — Twelve Data quote 76.96, −0.17% at 12:10 PM ET (vs 76.94, −0.21% at 11:10 AM ET): steady, not confirming a credit break. QQQ +0.46% (Twelve Data) and the NY Post midday index split (Nasdaq roughly flat, Dow −1.3%) cross-check the rotation read. Friday sector breadth / advance-decline still not published in a major source — recorded as no new read. No score change. 13:10 update: HYG refreshed — Twelve Data quote 76.945, −0.20% at ~1:10 PM ET (vs 76.96, −0.17% at 12:10 PM ET): a touch softer, still outperforming SPY (−0.47%). QQQ +0.15% (Twelve Data) and CAMS' midday sector detail (energy and technology higher, Dow −1.01%) cross-check the concentration read. Friday advance-decline still not published in a major source — recorded as no new read; Thursday's labeled breadth detail stands. No score change. 14:10 update: HYG refreshed — Twelve Data quote 76.86, −0.31% at ~2:12 PM ET (vs 76.945, −0.20% at ~1:10 PM ET): softer and converging toward SPY's pace, still not leading it down. QQQ +0.33% (Twelve Data) and Reuters' afternoon index split (Nasdaq +0.21%, Dow −0.9%) cross-check the concentration read. The 348/503 breadth count is SINGLE-SOURCE (CosAnalyst desk read) — flagged, recorded as a caution, and not allowed to move the score alone under the cross-check rule. No score change. 15:10 scan: no new verified input. No score change. 16:10 update: closing quotes are Twelve Data (HYG 77.05, −0.06%; QQQ 704.31, −0.02%; SPY 759.89, −0.54% off the bars' prior close) — consistent with the Reuters afternoon index split (Nasdaq +0.21% at that read) and the session tape. The breadth count remains single-source and unscored. No score change. 17:10 update: Friday breadth is now CROSS-CHECKED at the close — AP (nearly 3 of 4 S&P 500 stocks fell) confirms the direction of the single-source 348/503 midday count; under the cross-check rule the breadth leg may now move the score, and it does: +1 → 0 (breadth confirmed Friday's decline; credit — HYG −0.06% — still did not). No other input changed. 19:10 update: no new verified input. No score change. 22:10 update: no new verified input. No score change. 23:10 update: no new verified input. No score change. 12:10 AM update: no new verified input this edition — the factor stands on its cross-checked Friday close and is scored on that, with the absence of a weekend print recorded rather than filled in. No score change. 1:10 AM update: no new verified input. No score change. 2:10 AM update: no new verified input. No score change. 3:10 AM update: no new verified input. No score change. 4:10 AM update: no new verified input. No score change. 5:10 AM update: no new verified input. No score change. 6:10 AM update: no new verified input. No score change. 7:10 AM update: no new verified input. No score change. 8:10 AM update: no new verified input. No score change. 9:10 AM update: no new verified input. No score change. 10:10 AM update: early index uniformity is single-source (Investopedia early-trading read: S&P +0.5%, Nasdaq +0.5%, Dow +0.4%) and consistent with SPY's verified tape (+0.55%); no verified advance-decline or HYG print for today's session found — recorded as missing. No score change (scored conservatively at 0). 11:10 update: HYG +0.28% and QQQ +1.43% are verified Twelve Data quotes (~11:12 AM ET); broad participation is cross-checked by Investopedia's live read (all three indexes +0.6%, MAGS +1%, SOXX +1%). No verified advance/decline count this morning — recorded as a gap, and it caps the score at +1. Score change this edition: 0 → +1 (confirmation replaces Friday's non-confirmation). 12:10 PM update: index breadth CROSS-CHECKED (Investopedia recent trading: Nasdaq +1.3%, S&P 500 +1.0%, Dow +0.5%; Reuters: SOX over +3%) and the credit leg verified on the Twelve Data HYG quote (77.25, +0.26% at ~12:15 PM ET), agreeing with QQQ +1.21%. Advance-decline line still UNVERIFIED/MISSING — recorded. No score change. 1:10 PM update: index breadth CROSS-CHECKED (Investopedia recent trading: Nasdaq +0.8%, S&P 500 +0.6%, Dow +0.3%; Motley Fool 11:31 AM ET: +1.22% / +0.91% / +0.31%) and the credit leg verified on the Twelve Data HYG quote (77.205, +0.20% at ~1:15 PM ET), agreeing with QQQ +1.34%. Advance-decline line still UNVERIFIED/MISSING — recorded. No score change.