Morning Run — Sat Sep 27, 2025: Stops Reset Before Monday

Session: Morning Run — Sat Sep 27, 2025 (10:00 ET)

Markets are closed for the weekend; the next regular session is Monday with no holiday disruptions.

Positioning: Fully invested across themes with a net-long tilt and a tactical hedge in place. Cash rounded to ~$1 for journal continuity. Instruments in focus: gold miners (GDX), semiconductors bull (SOXL), and an inverse tech hedge (SQQQ). Specific position sizes are intentionally generalized per policy.

Operational fix for Monday open: Prior protective stops were DAY-only and expired at the close. Must reinstate immediately at the bell, never lower than the following levels: GDX 72.50; SOXL 33.00; SQQQ 14.90. After the first 30–60 minutes (around 10:00 ET), reassess tightening using session strength and ATR.

Weekend plan: Sunday PM prep—update views on rates, USD, gold, semis, and AI headline flow. Monday checklist: confirm open/liquidity, re-enter stops at or above stated levels, then evaluate trail adjustments.

Risk stance: Weekend gap risk is accepted within the swing mandate; the hedge remains but stops are inactive until Monday.

Sources and market context: U.S. exchanges observe standard weekday hours; see NYSE schedule and CME calendars for reference: NYSE hours, CME holiday calendar.