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Today

What the book says now, and what moved since the last run. Each feed carries its own date. Equity research as of 2026-09-09 (today) Options chain as of 2026-09-09 (today) Regime as of 2026-09-09 (today)

Market state

Authoritative HALT · new LEAPS: NO · hedge: 1.5× · as of 2026-09-09

Shadow · experimental Mid-cycle · Cautious / Deteriorating · as of 2026-09-09

Full regime analysis →

What changed

Estate: 2026-09-09 vs previous run 2026-09-08 · 886 names now, 886 then.

  • 52 Expected-return moves (≥5 pp)
  • 21 Rating changes ALL SELL→HOLD · AMCR SELL→HOLD · ARW BUY→HOLD · BAH SELL→HOLD · BILL SELL→HOLD · BKNG SELL→HOLD
  • 1 Stance changes
  • 6 Conviction moves (≥5 pts)

Shadow · experimental The six dimensions read credit VERY_LOOSE, growth EXPANDING, inflation STABLE_ELEVATED, internals DETERIORATING, policy RESTRICTIVE, volatility NORMAL. Changed since the last snapshot: internals moved from BROAD_RISK_ON to DETERIORATING. Largest twenty-session moves: Initial jobless claims 206,000 (2nd percentile), -2,000 over twenty sessions; SPY realized vol (20d, annualized) 8.32 (20th percentile), -5.66 over twenty sessions. Data quality: degraded (1 stale, 0 unresolved).

Where to look first

top 3 of each registered ranking — all rankings →
Ranking#1#2#3
Highest Expected ReturnBHF +146.2%PVH +84.0%TTMI +83.2%
Best Risk / RewardBHF 11.1×CPRI 9.4×PVH 7.9×
Highest QualityVEEV 98/100V 98/100TPL 98/100

Options — highest confidence-adjusted EV

NameStructureExpiryCAEVPoPESLiquidity
MLong Call (LEAPS)2028-01-21+48.3%33.6%-100.0%institutional
MGMLong Call (LEAPS)2028-01-21+43.4%34.7%-100.0%institutional
LUVLong Call (LEAPS)2028-01-21+39.3%32.9%-100.0%institutional
PVHLong Call (LEAPS)2028-01-21+32.6%45.9%-100.0%institutional
KOBear Put Spread2028-01-21+31.5%46.2%-100.0%institutional

Ranked by CAEV, never by maximum payoff. Full options ranking, with the feed’s stated limitations →

Catalysts — 2026-09-10 to 2026-09-16

DateEvents
2026-09-10ADBE Quarterly earnings · AMT CoreSite data-center expansion / AI-interconnect capacity update · CASY Investor Day / three-year unit-growth and prepared-food margin targets · CNO Ex-dividend $0.18/sh · CPRT Quarterly earnings · CSCO Cisco Investor Day / AI-infrastructure order-book and Silicon One roadmap update · DG Popshelf / DG Media Network / digital-membership initiative progress update · ELV Ex-dividend $1.72/sh +19 more
2026-09-11ADP Ex-dividend $1.70/sh · ALB Ex-dividend $0.41/sh · AVNT Ex-dividend $0.28/sh · BKNG Ex-dividend $0.42/sh · CB Ex-dividend $1.02/sh · DKS Ex-dividend $1.25/sh · FHN Ex-dividend $0.17/sh · FIS Ex-dividend $0.44/sh +14 more
2026-09-14EXP Ex-dividend $0.25/sh · FDX Ex-dividend $1.22/sh · FFIN Ex-dividend $0.22/sh · UNH Ex-dividend $2.32/sh · VRT Ex-dividend $0.06/sh
2026-09-15ABBV Skyrizi/Rinvoq new-indication FDA decisions · ACGL US housing / mortgage-credit read affecting Arch MI incidence · ADBE Firefly credit-pricing / generative-AI monetisation-model update · ADM Renewable diesel / biofuel policy (RVO, 45Z credit) decision window · AJG Investor day / long-term organic-growth and margin targets · ALB EV-demand and battery-chemistry data (LFP vs. NMC mix, Western EV adoption) · ALLE Ex-dividend $0.55/sh · AME Sizeable bolt-on/platform acquisition announcement (capital-deployment cadence) +98 more
2026-09-16AIG Ex-dividend $0.50/sh · ARES Ex-dividend $1.35/sh · BDC Ex-dividend $0.05/sh · CRBG Ex-dividend $0.25/sh · CRM Dreamforce 2026 - Agentforce monetization and consumption-pricing disclosure · CRWD Fal.Con 2026 user conference - platform/module and AI-SOC roadmap · EXR Fed rate decision / cap-rate signalling window · FE Fed rate path + FE refinancing/credit-metric checkpoint +14 more · FOMC rate decision + SEP dot plot

Dated earnings exist for 496 of 886 names. A missing row means no date on file, not no event.

Risk & integrity

Exception register: 884 = 870 fresh + 0 caveat + 14 exceptions — every withheld name is named with its reason on /governance.

Focus-book modelled volatility 10.4% (annualised) — portfolio interaction →

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