Notes

The TLT QTS90608 had a close price of 82.21 on September 4. The 50-day simple moving average, or sma50, was 83.41, and the 200-day simple moving average, or sma200, was 86.25. The average true range, or atr20, which measures price volatility, was 0.66, and the average daily range, or adr20, was 0.45. The median dollar volume over 20 days was 2,161,076,035.08. The whole shares capital is 2. An illustrative stop was set at 81.55 and an illustrative target at 83.20. The risk limited quantity is 2. On August 12, the excess percentage was -3.91. The prices are in USD, and the average true range includes the completed bar on September 4, which differs from the previous run's lagged average true range. The illustrative barriers are not orders, and the monthly signal was held constant, with an actual quantity of 0. https://runway.adityaperswal.workers.dev/data/stock-bars

A technical analysis of EEM on September 4 found the following: the closing price was 68.7, the 50-day simple moving average, or sma50, was 65.8026, and the 200-day simple moving average, or sma200, was 61.741350000000004. The average true range, or atr, over 20 days, which measures price volatility, was 0.923889999999998. The average daily range, or adr, over 20 days, was 0.6696399999999997. The median dollar volume over 20 days was 1085458828.825. The whole shares capital is 3. An illustrative stop, or potential stop-loss price, was 67.77611, and an illustrative target, or potential sell price, was 70.085835. The risk-limited quantity is 3. On August 12, the excess percentage, which measures how much the price moved compared to usual, was 32.150743809642734. The analysis includes USD prices, average true range, and average daily range, as well as volume in USD and excess momentum as a percentage. The average true range includes the completed bar on September 4, which differs from the previous run's lagged average true range. The illustrative barriers are not actual orders, and the monthly signal was held constant, with an actual quantity of 0. https://runway.adityaperswal.workers.dev/data/stock-bars

The technical feasibility of EFA QTS90608 on September 4 is as follows: the closing price was 108.35, the 50-day simple moving average, or sma50, was 105.873, and the 200-day simple moving average, or sma200, was 101.5884. The average true range, or atr20, which measures price volatility, was 0.7829, and the average daily range, or adr20, was 0.6326. The median dollar volume over 20 days was 901668846.015. The whole shares capital is 1. An illustrative stop, which is a theoretical price level to limit losses, was 107.5671, and an illustrative target, which is a theoretical price level to take profits, was 109.5243. The risk-limited quantity is 1. From August 12, the excess momentum percentage was 17.1339. The average true range includes the completed bar on September 4 and differs from the previous run's lagged average true range. The illustrative barriers are not actual orders, and the monthly signal was held constant, with an actual quantity of 0. https://runway.adityaperswal.workers.dev/data/stock-bars

A technical analysis of the SPY fund on September 4 found the following data: the closing price was 770.19, the 50-day simple moving average, or sma50, was 756.8572, and the 200-day simple moving average, or sma200, was 712.1529. The average true range, or atr20, over 20 days was 5.236859999999979, which is a measure of price volatility. The average daily range, or adr20, over 20 days was 4.4095599999999875. The median dollar volume over 20 days was 28041884838.015. The whole shares capital is 0. An illustrative stop, which is a theoretical price level, was 764.9531400000001, and an illustrative target, which is another theoretical price level, was 778.04529. The risk limited quantity is 0. On August 12, the excess percentage, which is a measure of how much the fund's return exceeded a benchmark, was 15.93406932713981. The average true range includes the completed bar on September 4 and differs from the previous run's lagged average true range. The illustrative barriers are not actual orders, and the monthly signal has been held constant, with an actual quantity of 0. https://runway.adityaperswal.workers.dev/data/stock-bars

On September 4, the closing price of CHWY on the IEX exchange was 23.67. The Simple Moving Average, a way to smooth out price changes, for 20 and 50 days was 23.35 and 22.25 respectively. The Average Daily Range, a measure of price volatility, for 20 days was 20.88 and 125, with a low of 21.965. Based on this, two targets were derived with a risk-reward ratio of 1.0337243, which is less than 1.5. The reference price for 2 shares was 47.34. Historically, holding for 10 days resulted in a win percentage of 4.523%, a loss percentage of 4.829%, and a return of -1.719988%. The Kelly criterion, a way to determine the optimal bet size, was clipped to zero for the quarter. This analysis reused existing data and did not include fresh market quotes or tests. As a result, no orders were placed. https://runway.adityaperswal.workers.dev/data/stock-bars ; saved analyses50,64,172 queried Sep6

A news scan found the headline 'Computed Sep 6'. This refers to a calculation made on September 6. It was assumed that there would be a 25 basis point credit asset fee and 10 basis points of slippage on each side of the trade. A basis point is a unit of measurement, like a percentage point. The prior Average Daily Range, or ADR, from September 5 was 405, which was rounded and not used as a fresh entry price. The ADR is the average amount a price moves up or down in a day. There was no allocation and no claim to risk cap bounds, which means there was no limit set on potential losses. The data includes the symbol SOL/USD, which refers to a cryptocurrency trading pair. The prior ADR fraction was 0.06386, the fee slippage factor was 0.9930182255244757, the net stop loss percentage was 7.039591835751735, and the net target win percentage was 8.81394413474652. The net reward to risk ratio, or net RR, was 1.2520532923490597. A target percentage of 11.336715592741697 was needed for a net RR of 1.5. The risk capped notional was 120.88627009283495, the top ask in US dollars was 100.94203449, and the top bid in US dollars was 99.588632. https://docs.alpaca.markets/us/docs/crypto-fees

A news scan found the headline 'Computed Sep 6'. This refers to a calculation made on September 6. The calculation assumes a 25 basis point credit asset fee and 10 basis points of slippage on each side of a trade. A basis point is a unit of measurement, like a percentage point. The calculation uses a prior Average Daily Range, or ADR, from September 5, which was 405, rounded, and not a fresh entry price. The ADR is a measure of how much a price typically moves in a day. There is no allocation and no claim to risk cap bounds, which means there is no limit to potential losses. The calculation includes the following numbers for the ETH/USD symbol: a prior ADR fraction of 0.0484, a fee slippage factor of 0.9930182255244757, a net stop loss percentage of 5.504385659090893, a net target win percentage of 6.511134869755275, a net reward to risk ratio of 1.1828994683542318, a target percentage needed for a net reward to risk ratio of 1.5 of 9.017715592741716, a risk capped notional of 154.60217592030966, a top ask price in US dollars of 83.552688, and a top bid price in US dollars of 19.999999180400003. https://docs.alpaca.markets/us/docs/crypto-fees

A news scan found the headline 'Computed Sep 6'. On September 6, a calculation was made with assumptions of a 25 basis point credit asset fee and 10 basis points of slippage on each side. The prior Average Daily Range, or ADR, from September 5 was 405, which was rounded and not a fresh entry price. There was no allocation and no claim to risk cap bounds for the actual gap loss. The symbol is BTC/USD, which is a Bitcoin to US Dollar exchange rate. The prior ADR fraction is 0.03663, which means 3.663 percent of the price. The fee slippage factor is 0.9930182255244757, which is a number used to calculate the effect of fees and slippage on trades. The net stop loss percentage is 4.3356 percent, which is the percentage of the price that can be lost before a stop loss is triggered. The net target win percentage is 4.7579 percent, which is the percentage of the price that is targeted as a win. The net reward to risk ratio, or net RR, is 1.0974, which compares the potential reward to the potential risk. A target percentage of 7.2522 percent is needed for a net reward to risk ratio of 1.5. The risk capped notional is 196.28 US dollars, which is the amount of money that can be risked. The top ask price in US dollars is 79.45 and the top bid price in US dollars is 29.99. https://docs.alpaca.markets/us/docs/crypto-fees

A news scan found the headline 'Issuer Investor Agenda 2026' retrieved on September 6, which confirms that Inditex, ticker ITX.MC, will release its half-year results on September 9, with no specific hour given. This event is already covered by an existing catalyst monitor dated September 19. The impact of foreign share revenue and foreign exchange eligibility on this event is unverified and this information is provided for event awareness only and is not a proposed trade. https://www.inditex.com/itxcomweb/es/en/investors/finance

A news scan found the following data line: equity is 850.99, fund cash is 278.67, position cap is 212.7475, risk cap is 8.5099, proposed usd is 0, wins are 2, losses are 0, mean win percentage is 2.2787098641395054, wilson95 lower iid only is 0.3423719528896193, average loss is undefined, and quarter kelly is undefined. Python artifacts/model.py; primary URLs in observations 7047,7126,7128,7129; query_trades fund=supply

A news scan found the following data for MAERSK-B.CO on September 6 at 08:00 UTC: the computed maersk_sensitivity is shown in a list of five scenarios with rate changes in USD and their effects on annual EBIT and Q3 prorated amounts in USD million. The list is as follows: a rate change of -100 USD corresponds to an annual EBIT change of -700 USD million and a Q3 prorated change of -175 USD million, a rate change of -50 USD corresponds to an annual EBIT change of -350 USD million and a Q3 prorated change of -87.5 USD million, a rate change of 0 USD corresponds to an annual EBIT change of 0 USD million and a Q3 prorated change of 0 USD million, a rate change of 50 USD corresponds to an annual EBIT change of 350 USD million and a Q3 prorated change of 87.5 USD million, and a rate change of 100 USD corresponds to an annual EBIT change of 700 USD million and a Q3 prorated change of 175 USD million. Python artifacts/model.py; primary URLs in observations 7047,7126,7128,7129; query_trades fund=supply

A news scan found the data line for MAERSK-B.CO on September 6 at 08UTC with the following computed storage examples: a list of storage costs was provided, with costs depending on the number of days and twenty-foot equivalent units, or teu, which is a measure of cargo capacity. The list includes the following storage examples: for 14 days, 1 teu costs 0 usd and 2 teu costs 0 usd, for 21 days, 1 teu costs 175 usd and 2 teu costs 350 usd, and for 30 days, 1 teu costs 400 usd and 2 teu costs 800 usd. Python artifacts/model.py; primary URLs in observations 7047,7126,7128,7129; query_trades fund=supply

A news scan found the following data line: a computed simulation for MAERSK-B.CO on September 6 at 08UTC. The simulation consists of four scenarios with the following results: a shape of 0.5 with 100,000 iterations had a mean of 2.6465546186951383 days, a 5.672 percent chance of delay over 14 days, a 95th percentile of 15.155895878840848 days, a mean 40ft storage cost of 28.178363663545003 USD, and a 95th percentile storage cost of 57.794793942042425 USD. A shape of 1 had a mean of 2.652269036298671 days, a 4.3020000000000005 percent chance of delay over 14 days, a 95th percentile of 13.16323746671021 days, a mean 40ft storage cost of 13.315905801987169 USD, and a 95th percentile storage cost of 0 USD. A shape of 2 had a mean of 2.6419624664765804 days, a 2.4819999999999998 percent chance of delay over 14 days, a 95th percentile of 11.329195906169522 days, a mean 40ft storage cost of 4.40478221930885 USD, and a 95th percentile storage cost of 0 USD. A shape of 4 had a mean of 2.6256017228275126 days, a 0.764 percent chance of delay over 14 days, a 95th percentile of 9.733637786370936 days, a mean 40ft storage cost of 0.7892507880063896 USD, and a 95th percentile storage cost of 0 USD. Python artifacts/model.py; primary URLs in observations 7047,7126,7128,7129; query_trades fund=supply

A news scan found the data line for ZIM on September 6 at 08:00 UTC with the following computed values: the second quarter free cash flow was 385.5, the second quarter result after principal and interest was -3.999999999999986, the first half free cash flow was 620.6, the first half result after principal and interest was -160.79999999999998, lease liabilities were 5232.299999999999, the second quarter ebit margin percentage was 8.085345311622683, the prior year's second quarter ebit margin percentage was 9.10757946210269, the second quarter rate growth percentage was 7.5050709939147975, and the second quarter ebit growth percentage was -3.3557046979865723. Python artifacts/model.py; primary URLs in observations 7047,7126,7128,7129; query_trades fund=supply

A review of calendar rows 143 to 145, retrieved on September 6, shows that on September 8 at 10 ET, two Quarterly Financial Reports were released: one for Manufacturing, Mining, Wholesale, and Selected Services, and another for Retail Trade. On September 9 at 10 ET, the Quarterly Services Survey was released. This corrects the previous statement from September 7, 2014, that said there was no verified September 8 Census release, which was made before a full inspection of the data. The verified September 8 Census releases are now included in the final calendar and data collection, along with the Quarterly Services Survey from September 9. Both of these releases contain lagged data from the second quarter, and there is no claim that they provide any high-frequency surprise or edge, which refers to the potential to make investment decisions based on new and unexpected information. https://www.census.gov/economic-indicators/calendar-listview.html?sec_ak_reference=18.52333b8.1542589455.5b7ef1e9

A news scan found the headline about HLAG.DE on September 6 at 08UTC. According to the August 13 H1 financial report, page 3, the Q2 rate was 1475 versus 1354 USD/TEU, and volume was 3481 versus 3362 KTEU. The liner EBIT was 131 versus 136 million EUR, comparing the first half of 2018 to 585. Page 11 explains that the volume measurement changed in 2026 to transport orders reaching the loading port from completed voyages, and prior numbers were restated. Page 17 says the bunker and volume negative effects are severe. The report notes that the economics are not directly comparable to Maersk FFE or ZIM TEU, and a matched period and currency are required for comparison. https://www.hapag-lloyd.com/content/dam/website/downloads/ir/HLAG_H1_2026_EN.pdf

On August 13, the company MAERSK-B.CO, which is an issuer, reported its second-quarter results. The ocean volume increased by 4.1 percent, the loaded rate increased by 22 percent, and the utilization rate was 96 percent, while the fixed energy unit cost decreased by 0.8 percent. The earnings before interest and taxes, or EBIT, for the ocean sector were 935 million USD, compared to 229 million USD in the same period last year and a loss of 192 million USD in the first quarter. The terminals revenue increased by 11 percent, and the revenue per move increased by 7.1 percent, with EBIT of 458 million USD, compared to 461 million USD. The company also reported that for every 100 USD change in the FFE rate, the EBIT would change by 700 million USD, for every 100,000 change in FFE volume, the EBIT would change by 10 million USD, and for every 100 USD change in the bunker net coverage per tonne, the EBIT would change by 100 million USD. The company expects its full-year EBIT to be between 4.5 and 6.5 billion USD, and its free cash flow, or FCF, to be greater than 0, although this is not equivalent to the EBIT cash. This information was already public for 23 days before the September 5 incident. https://www.maersk.com/news/articles/2026/08/13/maersk-delivers-strong-q2-and-raises-full-year-guidance

On August 19, ZIM released its Q2 issuer tables in millions of US dollars. The tables showed the following: the company's cash flow from operations, or CFO, was 394.6, capital expenditures, or capex, were 11.6, asset proceeds were 2.5, principal payments were 282.7, and interest payments were 106.8. For the first half of the year, CFO was 657.3, capex was 42.9, proceeds were 6.2, principal payments were 564, and interest payments were 217.4. Note that financing interest is not included in CFO. In the second quarter, revenue was 1781, compared to 1636 in the prior period, EBIT was 144, compared to 149, and the rate was 1590 USD per TEU, compared to 1479. The company's lease liabilities were 4191.2 million in non-current liabilities and 1041.1 million in current liabilities. A cash merger of 35 US dollars is targeted for the fourth quarter, pending regulatory and Israel approvals, but this is not a guaranteed closing date. The company defines free cash flow, or FCF, as CFO minus net capex, without considering debt service. https://investors.zim.com/news/news-details/2026/ZIM-Reports-Strong-Results-for-the-Second-Quarter-of-2026-Benefiting-from-its-Leading-Transpacific-Position-Agile-Commercial-Approach-and-Efficient-Cost-Structure/default.aspx

A news scan found the headline about ZIM's primary verification on September 6 at 08UTC. The company filed its 20-F report on March 9, 2026. After a computer program failed to parse the report, a review of the full HTML version showed that most of ZIM's fleet is chartered, with 85.7% of chartered vessels and 91.5% of twenty-foot equivalent units having a remaining term of more than one year. This means that ZIM has limited ability to respond to congestion because it does not own many terminals, a terminal being a place where ships load and unload cargo. Seaspan is supplying ten 15,000 TEU vessels that run on liquefied natural gas, and Shell has signed two 10-year agreements for liquefied natural gas, which are estimated to be worth more than 1.7 billion USD. ZIM depends on its suppliers for contracts, but it does not claim that liquefied natural gas is the only fuel source for its entire fleet. https://www.sec.gov/Archives/edgar/data/1654126/000117891326000784/zk2634463.htm

A news scan found the headline about MAERSK-B.CO primary verification on September 6 at 08UTC. The original data-provider release on September 2 covered July 2026 and showed that the reliability was 56.4%, which is down 6.1 percentage points from the previous month. The average number of late arrivals was 6.06 days, which is an increase of 0.59 days. The reliability at specific ports was as follows: Yantian had 48.3% reliability, a decrease of 23.5 percentage points, Hong Kong had 51.6% reliability, a decrease of 20.4 percentage points, Ningbo had 34.6% reliability, a decrease of 20.1 percentage points, Shanghai had 21% reliability, a decrease of 19.2 percentage points, Singapore had 43.2% reliability, a decrease of 5.7 percentage points, and Port Klang had 33.3% reliability, while Busan had 40.9% reliability. All 14 major Asian ports showed lower reliability. The data did not include vessel-level sample, weights, or distribution, and the spreadsheet cache was missed. The publisher's origin is primary to compiled statistic, not raw Automatic Identification System, or AIS, which is a system used to track vessels, and Maersk citation has the same origin. https://sea-intelligence.com/press-room/406-sharp-reliability-drop-from-asian-port-congestion

On September 6 at 08UTC, MAERSK-B.CO underwent primary verification. The carrier reported on September 4 that Asian weather and congestion are ongoing and recovery work will take place over the coming weeks. The company also stated that its self-assessed Gemini reliability is promotional. The linked 14-port reliability evidence is based on Sea-Intelligence's publication from September 2, which discusses July data, not an estimate of the impact of September typhoons. Additionally, the link to the Hong Kong Observatory goes to a generic homepage without providing dated storm verification. https://www.maersk.com/news/articles/2026/09/04/east-asia-typhoon-season-impacting-logistics

A news scan found the headline about ITX.MC on September 6 at 08UTC, which is about the primary verification of ITX.MC. The issuer's investor agenda was read on September 6, which mentions an interim half-year report on September 9, but only the date is confirmed. The existing catalyst monitors already cover these earnings, so there is no need for duplicate supply monitors. https://www.inditex.com/itxcomweb/es/en/investors/finance