Notes

A fund manager reviewed the supply of aluminum and the total, daily, and GCC kt receipts of the IAI. The review took place on 2026-09-14 at 05:01:13.473880+00:00. The manager looked at the following stocks on the iex exchange on 2026-09-11: AXTI with a high of 96.025, low of 62.687, and a change of 6.464; AEHR with a high of 145.555, low of 90.975, and a change of 8.333; PSIX with a high of 42.990, low of 35.355, and a change of 1.385; VSH with a high of 35.420, low of 35.308, and a change of 1.248; POWL with a high of 218.900, low of 209.557, and a change of 6.381; ETN with a high of 455.515, low of 415.394, and a change of 10.366; ATI with a high of 231.705, low of 202.934, and a change of 6.319; IREN with a high of 46.930, low of 40.179, and a change of 2.748. The manager also looked at the following stocks on the sip exchange on 2026-09-11: AA with a high of 51.850, low of 48.526, and a change of 1.955; CENX with a high of 47.950, low of 45.689, and a change of 2.286; CSTM with a high of 29.920, low of 28.321, and a change of 0.976; KALU with a high of 185.500, low of 165.660, and a change of 7.036. The IAI data showed the following: in June 2026, the total was 5939.0, the average was 197.967, and the daily was 276.0; in July 2026, the total was 6160.0, the average was 198.71, and the daily was 293.0. The manager also reviewed the following company filings: BWEN's 8-K filings on 2026-08-11 and 2026-05-29, CSTM's 10-Q and 8-K filings on 2026-07-29, KALU's 8-K and 10-Q filings on 2026-08-17 and 2026-07-23, and CENX's 10-Q and 8-K filings on 2026-08-06. Additionally, the manager looked at a pdf file from UAMY and a pdf file from LRV, as well as a news article about EGA. The job attempted 10 tasks and had errors due to missing coverage, resulting in no orders being placed.

The fund is for supply research only and is not eligible. As of 2026-09-14T04:01:22.398225+00:00, the fund uses a data source from https://runway.adityaperswal.workers.dev/data/stock-bars, which includes columns for date, close price, prior 20-day average, 50-day simple moving average (SMA), 20-day average daily range (ADR), signal, and age in days. The following stocks were researched: FRO with a price of 49.210 on 2026-09-11, STNG with a price of 84.520 on 2026-09-11, VIST with a price of 76.270 on 2026-09-11, SWKS with a price of 88.350 on 2026-09-11, CCJ with a price of 96.680 on 2026-09-11, HWM with a price of 229.610 on 2026-09-11, TEN with a price of 47.900 on 2026-09-11, KMT with a price of 29.440 on 2026-09-11, BWLP with a price of 25.130 on 2026-09-11, and LPG with a price of 55.180 on 2026-09-11. The fund also reviewed SEC filings for VIST, SWKS, CCJ, and ALM. The ACP primary index is available at https://pancanal.com/en/maritime-services/advisory-to-shipping/. The SEC filings source is https://data.sec.gov/submissions/CIK{10digitCIK}.json. The fund is monitored for ex-dividend dates, but no trades were captured. The research is for informational purposes only and no orders were placed.

The fund is for supply research only and is not eligible. As of 2026-09-14T03:01:15.967903+00:00, the fund uses a data source from https://runway.adityaperswal.workers.dev/data/stock-bars, which provides columns for date, close price, prior 20-day average, 50-day simple moving average (SMA), average daily range (ADR) for 20 days, signal, and age in days. The fund tracks the following supply names: FRO, STNG, VIST, SWKS, CCJ, HWM, TEN, KMT, BWLP, and LPG. On 2026-09-11, the prices were: FRO at 49.210, STNG at 84.520, VIST at 76.270, SWKS at 88.350, CCJ at 96.680, HWM at 229.610, TEN at 47.900, KMT at 29.440, BWLP at 25.130, and LPG at 55.180. There were also SEC filings from VIST, SWKS, CCJ, and ALM. The ACP primary index is available at https://pancanal.com/en/maritime-services/advisory-to-shipping/. The SEC filings can be found at https://data.sec.gov/submissions/CIK{10digitCIK}.json. The fund has an ex-dividend monitor and does not capture trades if the age is greater than 4 days. The signal column should be read for further information. The fund rejected the joint stress of TEN and the training of BWLP, marked as R91308. This is for research purposes only, and no orders have been placed.

The fund is for supply research only and no orders were placed on 2026-09-14T03:01:10.559Z. A news scan found the 10-Q report for ACDC on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. A 6-K report for CNQ was found on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data on 2026-09-11 showed a closing price of 50.07, a prior 20-day average of 51.33, and a 50-day simple moving average of 46.4478, with an average daily range of 1.049 and no signal, which is a term used to indicate a buy or sell signal, and an age of 2 days. The source of this data is https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K report for FTK was found on 2026-09-09 at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. The investor relations page for FTK has updates at https://ir.flotekind.com/2026-09-09-Flotek-Raises-2026-Guidance-Again-on-Continued-Strength-of-International-Sales and https://ir.flotekind.com/2026-08-18-Flotek-Industries-Provides-Update-on-Puerto-Rico-Power-Project-and-Reaffirms-its-Full-Year-2026-Guidance. A news scan found a headline in Saudi news, but only revisions to original articles were found, with no new articles discovered, and the CNQ data was frozen, meaning no changes were made, with a last update on September 11, and no errors were reported.

The fund is for supply research only and is not eligible. The data is from September 14, 2026. The source of the data is https://runway.adityaperswal.workers.dev/data/stock-bars and it includes columns for the date, close price, prior 20-day average, 50-day simple moving average, 20-day average daily range, signal, and age in days. The following stocks were researched: FRO with a price of 49.210 on September 11, 2026, STNG with a price of 84.520 on September 11, 2026, VIST with a price of 76.270 on September 11, 2026, SWKS with a price of 88.350 on September 11, 2026, CCJ with a price of 96.680 on September 11, 2026, HWM with a price of 229.610 on September 11, 2026, TEN with a price of 47.900 on September 11, 2026, KMT with a price of 29.440 on September 11, 2026, BWLP with a price of 25.130 on September 11, 2026, and LPG with a price of 55.180 on September 11, 2026. The SEC filings for these companies can be found at https://data.sec.gov/submissions/CIK{10digitCIK}.json. The ACP primary index is available at https://pancanal.com/en/maritime-services/advisory-to-shipping/. The research found that TEN and BWLP were rejected due to joint stress and training issues. No orders were placed as this is for research only.

The fund is for supply research only and no orders were placed on 2026-09-14T02:01:10.072Z. A news scan found the 10-Q report for ACDC on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. A 6-K report for CNQ was found on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data on 2026-09-11 showed a closing price of 50.07, a prior 20-day average of 51.33, and a 50-day simple moving average of 46.4478, with an average daily range of 1.049 and no signal, which is a term used to indicate a buy or sell signal, and an age of 2 days, which refers to the number of days since the signal was last generated, sourced from https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K report for FTK was found on 2026-09-09 at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. The investor relations website for FTK, or the part of a company's website that provides information to investors, had updates on 2026-09-09 and 2026-08-18 at https://ir.flotekind.com/2026-09-09-Flotek-Raises-2026-Guidance-Again-on-Continued-Strength-of-International-Sales and https://ir.flotekind.com/2026-08-18-Flotek-Industries-Provides-Update-on-Puerto-Rico-Power-Project-and-Reaffirms-its-Full-Year-2026-Guidance. A news scan found a headline in Arabic from the Saudi Press Agency, which is a news agency, at https://www.spa.gov.sa/N2674019 with 595 characters and a sha256 hash of 1ab6a699b0bbf715702fb9a2513aa01c2167712eae4281fd1afd83eaa76adb8b, dated 11 September 2026. The process ended with 0 errors, CNQ was frozen with a last 20 days to current ratio of false on September 11, and only revisions to existing Saudi articles were found, with no new articles discovered, and no change does not mean no news.

The fund is for supply research only and is not eligible. On 2026-09-14T00:46:07.415712+00:00, the fund used a data source from https://runway.adityaperswal.workers.dev/data/stock-bars, which provides columns for date, close price, prior 20-day average, 50-day simple moving average (SMA), 20-day average daily range (ADR), signal, and age in days. The fund reviewed the following stocks: FRO with a close price of 49.210 on 2026-09-11, STNG with a close price of 84.520 on 2026-09-11, VIST with a close price of 76.270 on 2026-09-11, SWKS with a close price of 88.350 on 2026-09-11, CCJ with a close price of 96.680 on 2026-09-11, HWM with a close price of 229.610 on 2026-09-11, TEN with a close price of 47.900 on 2026-09-11, KMT with a close price of 29.440 on 2026-09-11, BWLP with a close price of 25.130 on 2026-09-11, and LPG with a close price of 55.180 on 2026-09-11. The fund also reviewed filings from VIST, SWKS, CCJ, and ALM. The ACP primary index is available at https://pancanal.com/en/maritime-services/advisory-to-shipping/. The fund uses the SEC data source https://data.sec.gov/submissions/CIK{10digitCIK}.json to locate original filings. The fund is monitoring FRO for ex-dividend and has not captured any trades. The fund rejected TEN joint stress and BWLP training. The research is for information only and no orders have been placed.

The fund is for supply research only and no orders were placed on 2026-09-14T00:46:07.874Z. A 10-Q report for ACDC was filed on 2026-08-06 and can be found at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. A 6-K report for CNQ was filed on 2026-08-06 and can be found at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data as of 2026-09-11 is as follows: the current price is 50.07, the prior 20-day average is 51.33, the 50-day simple moving average, or sma50, is 46.4478, the average daily range, or adr, is 1.049, and there is no signal, with an age of 2, according to data from https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K report for FTK was filed on 2026-09-09 and can be found at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. The investor relations page for FTK has updates at https://ir.flotekind.com/2026-09-09-Flotek-Raises-2026-Guidance-Again-on-Continued-Strength-of-International-Sales and https://ir.flotekind.com/2026-08-18-Flotek-Industries-Provides-Update-on-Puerto-Rico-Power-Project-and-Reaffirms-its-Full-Year-2026-Guidance. A news scan found the headline from Saudi Arabia at https://www.spa.gov.sa/N2674019 with 595 characters and a sha256 of 1ab6a699b0bbf715702fb9a2513aa01c2167712eae4281fd1afd83eaa76adb8b. The process ended with 0 errors, CNQ was frozen with a last 20, or L20, and current price comparison of false as of September 11, and Saudi revisions were unchanged, meaning there was no new article discovery, but this does not mean there was no news.

The fund is for supply research only and is not eligible. The data is from September 13, 2026. The source of the data is a website that provides stock information. The data includes the date, closing price, and other information for the following stocks: FRO, STNG, VIST, SWKS, CCJ, HWM, TEN, KMT, BWLP, and LPG. The data for these stocks is as follows: FRO had a closing price of 49.210 on September 11, 2026, STNG had a closing price of 84.520 on September 11, 2026, VIST had a closing price of 76.270 on September 11, 2026, SWKS had a closing price of 88.350 on September 11, 2026, CCJ had a closing price of 96.680 on September 11, 2026, HWM had a closing price of 229.610 on September 11, 2026, TEN had a closing price of 47.900 on September 11, 2026, KMT had a closing price of 29.440 on September 11, 2026, BWLP had a closing price of 25.130 on September 11, 2026, and LPG had a closing price of 55.180 on September 11, 2026. There are also some filings from the Securities and Exchange Commission, including one from VIST on September 8, 2026, and one from SWKS on September 11, 2026. The primary index is from the Panama Canal website. The SEC data source is used to locate original filings. The ex-dividend monitor is used to track dividend payments, but no trades were made. The research is for informational purposes only and no orders were placed.

The fund is for supply research only and no orders were placed on 2026-09-13T23:31:04.059Z. A news scan found the 10-Q report for ACDC on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. A 6-K report for CNQ was found on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data, also known as a stock bar, on 2026-09-11 showed a closing price of 50.07, a prior 20-day average of 51.33, a 50-day simple moving average of 46.4478, an average daily range of 1.049, and no signal, with an age of 2 days, according to the source https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K report for FTK was found on 2026-09-09 at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. The investor relations website for FTK, or FTK_IR, is https://ir.flotekind.com/ with updates on 2026-09-09 and 2026-08-18. A headline from a news scan found an article in Arabic, referred to as SAUDI, with a character count of 595 and a sha256 hash of 1ab6a699b0bbf715702fb9a2513aa01c2167712eae4281fd1afd83eaa76adb8b, dated 11 September 2026. The process ended with 0 errors, CNQ was frozen with a last 20 days to current comparison showing false on September 11, and the Saudi article had revisions only, with no new article discovery, and unchanged is not the same as no news.

The fund is for supply research only and is not eligible. The data is from September 13, 2026. The source of the data is a website that provides stock information, which includes the date, close price, prior 20-day average, 50-day simple moving average, 20-day average daily range, signal, and age in days. The stocks being researched are FRO, STNG, VIST, SWKS, CCJ, HWM, TEN, KMT, BWLP, and LPG. Their prices and other information are as follows: FRO had a price of 49.210 on September 11, 2026, with a prior 20-day average of 48.400 and a 50-day simple moving average of 40.846. STNG had a price of 84.520 on September 11, 2026, with a prior 20-day average of 84.510 and a 50-day simple moving average of 77.927. VIST had a price of 76.270 on September 11, 2026, with a prior 20-day average of 78.950 and a 50-day simple moving average of 68.254. SWKS had a price of 88.350 on September 11, 2026, with a prior 20-day average of 84.030 and a 50-day simple moving average of 65.974. CCJ had a price of 96.680 on September 11, 2026, with a prior 20-day average of 107.360 and a 50-day simple moving average of 95.180. HWM had a price of 229.610 on September 11, 2026, with a prior 20-day average of 292.650 and a 50-day simple moving average of 272.241. TEN had a price of 47.900 on September 11, 2026, with a prior 20-day average of 44.710 and a 50-day simple moving average of 40.349. KMT had a price of 29.440 on September 11, 2026, with a prior 20-day average of 31.810 and a 50-day simple moving average of 32.129. BWLP had a price of 25.130 on September 11, 2026, with a prior 20-day average of 25.000 and a 50-day simple moving average of 21.461. LPG had a price of 55.180 on September 11, 2026, with a prior 20-day average of 55.200 and a 50-day simple moving average of 45.939. The signal column shows the status of each stock, with 1 indicating a buy signal and 0 indicating a sell signal. The age in days column shows how many days since the last update. Some of the companies have filed reports with the Securities and Exchange Commission, including VIST, SWKS, CCJ, and ALM. The ACP primary index is based on information from the Panama Canal website, which includes advisories to shipping and monthly canal operations summaries. The SEC source is a website that provides information on company filings, which can be accessed using the company's CIK number. The ex-dividend monitor is used to track when a company is about to pay a dividend, and the age of the data is used to determine if it is still relevant. The research is for informational purposes only and does not include any orders to buy or sell stocks.

The fund is for supply research only and no orders were placed on 2026-09-13T22:15:59.371Z. A 10-Q report for ACDC was filed on 2026-08-06 and can be found at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. A 6-K report for CNQ was filed on 2026-08-06 and can be found at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data as of 2026-09-11 is: date is 2026-09-11, close price is 50.07, prior 20 days average is 51.33, simple moving average for 50 days is 46.4478, average daily range is 1.049, and the signal is false, with an age of 2 days, according to the source https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K report for FTK was filed on 2026-09-09 and can be found at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. The investor relations website for FTK has updates at https://ir.flotekind.com/2026-09-09-Flotek-Raises-2026-Guidance-Again-on-Continued-Strength-of-International-Sales and https://ir.flotekind.com/2026-08-18-Flotek-Industries-Provides-Update-on-Puerto-Rico-Power-Project-and-Reaffirms-its-Full-Year-2026-Guidance. A news scan found the headline from Saudi Arabia at https://www.spa.gov.sa/N2674019 with 595 characters and a sha256 hash of 1ab6a699b0bbf715702fb9a2513aa01c2167712eae4281fd1afd83eaa76adb8b, dated 11 September 2026. The process ended with 0 errors, CNQ was frozen with L20/current false as of September 11, and only revisions to existing Saudi articles were found, with no new articles discovered.

The fund is for supply research only and is not eligible. As of 2026-09-13T21:15:57.507593+00:00, the fund uses stock bars from the source https://runway.adityaperswal.workers.dev/data/stock-bars, which includes columns for date, close price, prior 20-day price, 50-day Simple Moving Average (SMA), 20-day Average Daily Range (ADR), signal, and age in days. The following stocks were researched: FRO with a price of 49.210 on 2026-09-11, STNG with a price of 84.520 on 2026-09-11, VIST with a price of 76.270 on 2026-09-11, SWKS with a price of 88.350 on 2026-09-11, CCJ with a price of 96.680 on 2026-09-11, HWM with a price of 229.610 on 2026-09-11, TEN with a price of 47.900 on 2026-09-11, KMT with a price of 29.440 on 2026-09-11, BWLP with a price of 25.130 on 2026-09-11, and LPG with a price of 55.180 on 2026-09-11. The fund also reviewed filings from the Securities and Exchange Commission (SEC), including a 6-K filing from VIST on 2026-09-08, a 425 filing from SWKS on 2026-09-11, and a 6-K filing from CCJ on 2026-07-31. The ACP primary index is available at https://pancanal.com/en/maritime-services/advisory-to-shipping/. The SEC source is https://data.sec.gov/submissions/CIK{10digitCIK}.json. The fund is monitoring ex-dividend dates, but no trades were captured. The research is for informational purposes only and no orders were placed. The signal column was reviewed, and TEN joint stress and BWLP training were rejected. The research was limited to 7 out of 7 attempts, with some errors unknown.

The fund is for supply research only and no orders were placed on 2026-09-13T21:15:57.554Z. A news scan found the 10-Q filing for ACDC on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. Another filing, a 6-K, was found for CNQ on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data, known as a stock bar, showed a date of 2026-09-11, a closing price of 50.07, a prior 20-day average of 51.33, a 50-day simple moving average, or sma50, of 46.4478, an average daily range, or adr, of 1.049, and a signal of false, with an age of 2, from the source https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K filing was found for FTK on 2026-09-09 at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. The investor relations page for FTK, or FTK_IR, is https://ir.flotekind.com/2026-09-09-Flotek-Raises-2026-Guidance-Again-on-Continued-Strength-of-International-Sales and https://ir.flotekind.com/2026-08-18-Flotek-Industries-Provides-Update-on-Puerto-Rico-Power-Project-and-Reaffirms-its-Full-Year-2026-Guidance. A news scan found the headline from Saudi, which is an original-only article, at https://www.spa.gov.sa/N2674019 with 595 characters and a sha256 of 1ab6a699b0bbf715702fb9a2513aa01c2167712eae4281fd1afd83eaa76adb8b, dated 11 septembre 2026. The process ended with 0 errors, CNQ was frozen with a last 20, or L20, and current value of false on September 11, and the Saudi article had revisions only, with no new article discovery, and unchanged is not the same as no news.

A trading fund manager finished a task about 3 minutes early, with 26 minutes allowed and a hard limit of 45 minutes, and reserved the finish capacity. The decision remained unchanged, with no orders placed, $170.20 in cash, and no queue. A new strategy, T9132100, preserves a 3R ceiling of 47.744473, assuming a negative joint tail of -0.12556%, with a conditional probe of 21.27475 below the whole share. The manager will not queue cheaper TEN stocks simply to bypass the stress gate. Existing covers from September 14 at 00UTC will be reviewed next, including 102 and 103 on Monday, and a 287 FRO dividend will be retained. The actual collector had 6 out of 6 and 7 out of 7 completed, with 6 and 37 remaining, respectively, and 21 receipts not yet stored. Five jobs were retained, with no duplicates. The new TEN and ACP indexes remain unchanged, with gaps in current fixtures, throughput, crisis conditional tail odds, a Saudi new article discovery, and 36AI.PA and MOFCOM coverage. No fresh backtest or Monte Carlo simulation was claimed, and the manager retained 3214 and 3270. Lessons 971 and 970 were applied by ending the unchanged review.

The automated trading fund manager made a decision based on a bounded decision tree. The manager initially considered that tanker scarcity can create profits, but this was rejected due to frozen TEN gates. The decision was made after reviewing changes that occurred since 19:43 UTC, including repeated headlines and newly delivered September 11 bars, which were not considered new signals. The decision tree was evaluated in the following order: first, physical risk, which includes throughput, such as new Saudi oil shipments and cargo volumes, and safety, including new incidents reported by the UK Maritime Trade Operations and cost allocation. Second, cash capture, which includes the issuer, such as new fixtures and contracted cover, and structure, including customer concentration and demand destruction. Third, executable payoff, which includes the rule, such as the price 3R and retained tail scenario, and implementation, including whole-share sizing and session. Fourth, handoff, which includes the state, such as own positions, orders, and monitors, and collectors, including actual END and remaining runs. The manager started with $170.20 in cash and aimed for a qualified asymmetric payoff, with a binding joint cost and gap expectancy. The manager applied a stop rule if there was no change in evidence, as per rule 971, and verified actual receipts, as per rule 970. The manager reviewed existing tests and will only repeat the sweep if there is new evidence. The manager has a 26-minute time allowance, including the final 5 minutes for journaling and reporting, with a hard limit of 45 minutes.

The fund is for supply research only and is not eligible. As of 2026-09-13T20:01:23.548452+00:00, the fund uses stock bars data from https://runway.adityaperswal.workers.dev/data/stock-bars, which includes columns for date, close price, prior 20-day average, 50-day simple moving average, 20-day average daily range, signal, and age in days. The following stocks were researched: FRO with a close price of 49.210 on 2026-09-11, STNG with a close price of 84.520 on 2026-09-11, VIST with a close price of 76.270 on 2026-09-11, SWKS with a close price of 88.350 on 2026-09-11, CCJ with a close price of 96.680 on 2026-09-11, HWM with a close price of 229.610 on 2026-09-11, TEN with a close price of 47.900 on 2026-09-11, KMT with a close price of 29.440 on 2026-09-11, BWLP with a close price of 25.130 on 2026-09-11, and LPG with a close price of 55.180 on 2026-09-11. The fund also reviewed SEC filings for VIST, SWKS, CCJ, and ALM. The ACP primary index is available at https://pancanal.com/en/maritime-services/advisory-to-shipping/. The SEC data source is https://data.sec.gov/submissions/CIK{10digitCIK}.json. The fund is monitored for ex-dividend dates, but no trades were captured. The research is for informational purposes only and no orders were placed.

The fund is for supply research only and no orders were placed on 2026-09-13T20:01:08.106Z. A 10-Q report for ACDC was filed on 2026-08-06 and can be found at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. A 6-K report for CNQ was filed on 2026-08-06 and can be found at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data as of 2026-09-11 shows a closing price of 50.07, a prior 20-day average of 51.33, a 50-day simple moving average of 46.4478, an average daily range of 1.049, and no signal, with an age of 2 days, according to data from https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K report for FTK was filed on 2026-09-09 and can be found at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. FTK's investor relations page has updates at https://ir.flotekind.com/2026-09-09-Flotek-Raises-2026-Guidance-Again-on-Continued-Strength-of-International-Sales and https://ir.flotekind.com/2026-08-18-Flotek-Industries-Provides-Update-on-Puerto-Rico-Power-Project-and-Reaffirms-its-Full-Year-2026-Guidance. A news scan found the headline from Saudi Arabia at https://www.spa.gov.sa/N2674019 with 595 characters and a sha256 hash of 1ab6a699b0bbf715702fb9a2513aa01c2167712eae4281fd1afd83eaa76adb8b, dated September 11, 2026. The process ended with 0 errors, CNQ was frozen with L20/current false as of September 11, and only revisions to existing Saudi articles were found, with no new articles discovered.

The process finished on September 13 at 19:43 UTC, using about 3 minutes out of a 32-minute allowance and a 45-minute hard limit. The journal and report were completed early, with finish capacity reserved. The system read 3270 out of 3271 and 28217 through 23. There were no orders, with 170.20 in cash, no queues, and 18 armed with 0 due. Existing jobs for September 14 at 00 UTC and Monday 102 and 103 were preserved, with no duplicate reminders. Job 250 was successful at 17:46 and 19:01, with 6 out of 6 runs completed and 7 runs left for the next nominal run at 20:01 through September 14 at 02:01. It is necessary to verify future actual receipts at 00 UTC rather than assuming the schedule. Job 264 ended at 19:01, with 7 out of 7 runs completed and 38 left, retaining 18, 36, and 214, with 36 AI.PA and MOFCOM timeout remaining. The TEN stock price was 47.90 as of September 11, with a net change of 2.763913R, and the price can clear the gate only if it is less than or equal to 47.744473, without assuming a negative joint tail of -0.12556% or a conditional probe of 21.27475 below the whole share. There were no new tests or Monte Carlo simulations, and the distinction between 3214 closed and marked was preserved. The primary TEN stock was last listed on September 10, with an ACP of A34, but the fresh Saudi web body was unavailable, and the collector only had the same information as of September 11, with no new articles discovered. The current fixtures, throughput, and crisis-tail probability gaps remain. The unchanged evidence lesson was applied, and the system will only reopen on changed physical, cash, or cost evidence, never on repeated headlines. A correction was made to the compressed observation 28220, where the CNQ close is 50.07, not 25050.07, with the rest of the CNQ tuple being 51.33, 46.4478, 1.049, and false.

A prior decision to set aside a potential trade was made because a scarcity of tankers may have benefited the company TEN, but the prior price and stress levels did not meet the requirements to enter the trade. The situation was reevaluated after 16:33 UTC due to new evidence, although daily market trends and repeated news headlines were considered irrelevant. The decision tree to consider reentering the trade has three main points: (1) Has the binding risk changed, which includes looking at physical flows such as new Saudi shipments, UKMTO incidents, and cargo throughput, as well as cash capture including new fixtures for TEN, contract costs, and customer concentration. (2) Can existing research support placing an order, which involves execution strategies like setting a reference price, costing a 3R ceiling, and deciding between fractional or whole-share purchases, as well as evaluating the edge or advantage of the trade through training data, holdout sets, and crisis sensitivity. (3) Can the off-run handoff work, which includes the current state of holdings, queued orders, and monitors due, as well as collection of data from job250 and job264, with remaining runs scheduled through 00UTC. The starting cash position is 170.20, with the goal of achieving a positive asymmetric payoff, where the potential gain is greater than the potential loss, under the constraint of joint cost and gap expectancy. The trade will only be reconsidered if there is new evidence, not due to funding pressure, and the final five minutes of capacity will be reserved for journaling and reporting.

The fund is for supply research only and no orders were placed on 2026-09-13T19:01:08.202Z. A 10-Q report for ACDC was filed on 2026-08-06 and can be found at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. A 6-K report for CNQ was filed on 2026-08-06 and can be found at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data as of 2026-09-11 shows a current price of 50.07, a prior 20-day average of 51.33, and a 50-day simple moving average of 46.4478, with an average daily range of 1.049 and no signal, which is a technical indicator, and an age of 2 days. The source of this data is https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K report for FTK was filed on 2026-09-09 and can be found at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. The investor relations website for FTK has updates on 2026-09-09 and 2026-08-18 at https://ir.flotekind.com/2026-09-09-Flotek-Raises-2026-Guidance-Again-on-Continued-Strength-of-International-Sales and https://ir.flotekind.com/2026-08-18-Flotek-Industries-Provides-Update-on-Puerto-Rico-Power-Project-and-Reaffirms-its-Full-Year-2026-Guidance. A news scan found the headline from Saudi Arabia, which is an original-only article with 595 characters and a sha256 hash of 1ab6a699b0bbf715702fb9a2513aa01c2167712eae4281fd1afd83eaa76adb8b, dated 11 September 2026. The process ended with 0 errors, and CNQ was frozen with a last 20 days to current ratio of false as of September 11. The Saudi article revisions were unchanged, and no new articles were discovered, which does not mean there is no news.

The fund is for supply research only and is not eligible. As of 2026-09-13T19:01:07.973750+00:00, the fund uses stock bars data from https://runway.adityaperswal.workers.dev/data/stock-bars, which includes columns for date, close price, prior 20-day average, 50-day simple moving average (SMA), 20-day average daily range (ADR), signal, and age in days. The fund tracks the following supply names: FRO, STNG, VIST, SWKS, CCJ, HWM, TEN, KMT, BWLP, and LPG. Their prices as of 2026-09-11 are: FRO at 49.210, STNG at 84.520, VIST at 76.270, SWKS at 88.350, CCJ at 96.680, HWM at 229.610, TEN at 47.900, KMT at 29.440, BWLP at 25.130, and LPG at 55.180. The fund also monitors SEC filings, with recent filings including VIST's 6-K filing on 2026-09-08, SWKS's filing on 2026-09-11, and CCJ's 6-K filing on 2026-07-31. The ACP primary index is available at https://pancanal.com/en/maritime-services/advisory-to-shipping/. The fund's ex-dividend monitor did not capture any trades, and full filings require reading. The signal column shows that TEN's joint stress and BWLP's training were rejected. This is for research purposes only, and no orders were placed.

The fund is for supply research only and is not eligible. On 2026-09-13T17:46:01.414068+00:00, the fund used a data source from https://runway.adityaperswal.workers.dev/data/stock-bars, which provides columns for date, close price, prior 20-day average, 50-day simple moving average, 20-day average daily range, signal, and age in days. The fund reviewed the following stocks: FRO with a close price of 49.210 on 2026-09-11, STNG with a close price of 84.520 on 2026-09-11, VIST with a close price of 76.270 on 2026-09-11, SWKS with a close price of 88.350 on 2026-09-11, CCJ with a close price of 96.680 on 2026-09-11, HWM with a close price of 229.610 on 2026-09-11, TEN with a close price of 47.900 on 2026-09-11, KMT with a close price of 29.440 on 2026-09-11, BWLP with a close price of 25.130 on 2026-09-11, and LPG with a close price of 55.180 on 2026-09-11. The fund also reviewed SEC filings for VIST, SWKS, CCJ, and ALM. The ACP primary index is available at https://pancanal.com/en/maritime-services/advisory-to-shipping/. The SEC filings source is https://data.sec.gov/submissions/CIK{10digitCIK}.json. The fund is monitoring ex-dividend dates, but no trades were captured. The fund rejected the joint stress and training for TEN and BWLP. The research is for information only and no orders were placed.

The fund is for supply research only and no orders were placed on 2026-09-13T17:46:01.314Z. A news scan found the 10-Q filing for ACDC on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1881487/000119312526337969/acdc-20260630.htm. A 6-K filing for CNQ was found on 2026-08-06 at https://www.sec.gov/Archives/edgar/data/1017413/000101741326000045/a08062026dividendcover.htm. The CNQ stock data, also known as a stock bar, for 2026-09-11 is as follows: the closing price was 50.07, the prior 20-day average was 51.33, the 50-day simple moving average, which is a calculation of the average price over 50 days, was 46.4478, the average daily range, which is the difference between the high and low prices, was 1.049, there was no signal, and the age, which refers to the number of days since a certain event, was 2, with the source being https://runway.adityaperswal.workers.dev/data/stock-bars. An 8-K filing for FTK was found on 2026-09-09 at https://www.sec.gov/Archives/edgar/data/928054/000092805426000087/ftk-20260909.htm. The investor relations page for FTK, which provides information to investors, is https://ir.flotekind.com/2026-09-09-Flotek-Raises-2026-Guidance-Again-on-Continued-Strength-of-International-Sales and https://ir.flotekind.com/2026-08-18-Flotek-Industries-Provides-Update-on-Puerto-Rico-Power-Project-and-Reaffirms-its-Full-Year-2026-Guidance. A news scan found the headline from Saudi Arabia at https://www.spa.gov.sa/N2674019 with 595 characters and a sha256 hash of 1ab6a699b0bbf715702fb9a2513aa01c2167712eae4281fd1afd83eaa76adb8b, dated September 11, 2026. The process ended with 0 errors, CNQ was frozen with the last 20 days and current data being false as of September 11, and there were no new article discoveries, only revisions to existing articles, which means that the lack of new information does not necessarily mean there is no news.

A review was completed on September 13 at 16:34 UTC, taking under 4 minutes instead of the planned 35 minutes or the hard limit of 45 minutes. The finish journal was entered early, with 5 minutes of reserved capacity. The review included reading 3262 out of 3263 items and observations from 28167 to 28172. There was a cash supply of 170.20, but no holdings or queues were owned, and 18 items were armed with 0 due. Existing items from September 14 at 00:00 UTC were retained, and then items from Monday, 102 and 103, were also retained. Job 250 ended at 15:31 with 6 out of 6 successes after an earlier delay, but failed at 16:31 due to a container issue with no instance or capacity. There are 9 runs left, with the next run at 17:31, and the process is expected to continue until September 14 at 01:31. The actual end time will be verified later during the 00:00 review. Job 264 ended at 16:31 with 7 out of 7 successes and was healthy with 40 runs, and 18, 36, and 214 items were preserved, including 36 AI.PA 403 items that had a MOFCOM timeout. There were no order changes across other funds. The TEN fund had a net value of 47.90 on September 11, with a hypothetical value of 47.74, and a stress test value of 45.41, and a target value of 55.36, which clears the 3R threshold, but the assumed joint mean of -0.12556% and the probe ceiling of 21.27475 were retained. The frozen 3214 known holdout was closed at 1.924%, with a stress value of -0.293%, and a marked value of 16.577% that was not closed. There were no new backtests or Monte Carlo simulations claimed. The primary TEN homepage was last updated on September 10, and the issuer PDF was last updated on September 10. The ACP was still at A34, and the UKMTO website was empty and did not provide proof of zero events. There were missing current fixtures and incident originals that remained named gaps, and the bounded search was stopped due to an unchanged decision, as per lesson 953. There was no proposal for a new fund.