1. ·
   How the week ran.

   Monday the Nasdaq-100 set a record while Vaxcyte's Phase 3 win lifted biotech and Brazil's fund jumped on the first-round election result (Bloomberg; Endpoints News; CNBC). Tuesday the S&P 500 posted its first record close since August (Bloomberg), carried by nuclear power and AI networking. Wednesday's Fed minutes leaned hawkish, and the neocloud, crypto, quantum and nuclear lanes sold as blocks. Thursday OpenAI's smaller revenue figure hit every layer of AI hardware, and SpaceX announced its spectrum purchase after the bell. Friday the carriers paid for it while software, copper and Chinese stocks led.

   brief →
2. ·
   The S&P 500 fund is one confirmation short of a clean advance.

   It closed Friday at $778.57, up 1.16% on the week and 7.7% above its 200-day on a +16% year. The confirmation needs two closes above $779.37 with the Nasdaq-100 fund above $748.65 and the VIX under 16. The last two legs hold (the Nasdaq-100 fund at $751.27, the VIX at 14.84); the first does not, after Tuesday's $779.09 and Friday's close both stopped just short. Bloomberg had stocks ending the week "inches away from record highs" as AI-bubble fears faded.

   brief →
3. ·
   Breadth repaired; small caps did not.

   The equal-weight fund rose 1.58% on the week against the Nasdaq-100 fund's 0.23%, and its RSI is back to 50.8 from the oversold mid-30s of October 2. Friday was broad: 821 names rose and 393 fell. Two regime gauges changed state on the close. Volatility moved to compressed, with the VIX at 14.84 and the VIX futures fund 33% under its 200-day. Broad breadth moved from deteriorating to mixed: 66.7% of the core index and sector funds sit above their 20-day averages, but only 40% above their 50-day. The Russell 2000 fund is the holdout, down 0.92% on the week at RSI 38.5 and 0.7% above a $277.06 200-day. JPMorgan data relayed on X puts the share of S&P 500 members that beat the index over three years at 30%, the lowest since 1991.

   brief →

1. ! Copper +4.3% median, 7 of 7 up — against a 30-day lagging read (RS −5.4%). lane →
2. ! ALT Managers +1.3% median, 10 of 10 up — against a 30-day lagging read (RS −12.6%). lane →
3. ! Hard Assets +1.2% median, 13 of 14 up — against a 30-day lagging read (RS −3.3%). lane →
4. ! Watching +2.0% median, 12 of 15 up — against a 30-day lagging read (RS −7.5%). lane →
5. ! AI Data Center Operators Neoclouds +1.5% median, 15 of 18 up — against a 30-day lagging read (RS −5.7%). lane →
6. ! Peptide Economy +1.2% median, 8 of 10 up — against a 30-day lagging read (RS −7.6%). lane →

126 other lanes did not move. 1-day median vs the 30-day read against SPY, RS deadband ±2 — a stand-in without the rotation map's acceleration term, so a lane the map calls neutral can read lagging here.

1. entry
   PLTR breaking out at a fresh 52-week high after a +10.8% week — a +65% three-month run, not a one-week pop · months
   call →
2. entry
   7729.T breaking out 2.5% off its 52-week high after a +7.2% week · months
   call →
3. entry
   MRNA breaking out at a fresh 52-week high after a +18.4% week — a +230% three-month run, not a one-week pop · months
   call →
4. watch
   6146.T coming into play — 32.8% off its 52-week high with the tape turning up (+1.9% this week) · months
   call →
5. watch
   TSLA coming into play — 23.3% off its 52-week high with the tape turning up (+3.3% this week) · months
   call →

exits: none — the exit check's own block, never ranked with the entries. 121 more entries fold under Today's Board.

Not built yet. The momentum and calls sleeves arrive with V2-M1/M2 and the scoreboard with V2-M4. This block holds, visibly, instead of borrowing another surface's numbers.